Empowered Funds LLC Acquires 1,986 Shares of Royal Caribbean Cruises Ltd. $RCL

Empowered Funds LLC increased its position in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 33.0% during the first quarter, HoldingsChannel.com reports. The firm owned 8,000 shares of the company’s stock after acquiring an additional 1,986 shares during the quarter. Empowered Funds LLC’s holdings in Royal Caribbean Cruises were worth $2,201,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the company. IMG Wealth Management Inc. purchased a new position in Royal Caribbean Cruises during the first quarter valued at approximately $27,000. Quantinno Capital Management LP increased its stake in Royal Caribbean Cruises by 41.8% in the 1st quarter. Quantinno Capital Management LP now owns 165,058 shares of the company’s stock worth $45,421,000 after buying an additional 48,648 shares during the period. Clough Capital Partners L P lifted its holdings in shares of Royal Caribbean Cruises by 8.3% in the 1st quarter. Clough Capital Partners L P now owns 123,961 shares of the company’s stock worth $34,112,000 after buying an additional 9,520 shares during the period. Lazard Asset Management LLC boosted its stake in shares of Royal Caribbean Cruises by 43.1% during the first quarter. Lazard Asset Management LLC now owns 76,908 shares of the company’s stock valued at $21,164,000 after purchasing an additional 23,175 shares in the last quarter. Finally, Gateway Wealth Partners LLC bought a new position in Royal Caribbean Cruises in the first quarter worth about $945,000. Institutional investors own 87.53% of the company’s stock.

Analysts Set New Price Targets

RCL has been the topic of several research analyst reports. William Blair reissued an “outperform” rating on shares of Royal Caribbean Cruises in a research report on Tuesday, July 28th. Morgan Stanley raised their price target on shares of Royal Caribbean Cruises from $280.00 to $300.00 and gave the company an “equal weight” rating in a research note on Thursday, July 30th. TD Cowen lowered their target price on Royal Caribbean Cruises from $350.00 to $337.00 and set a “buy” rating on the stock in a report on Friday, May 15th. BMO Capital Markets started coverage on Royal Caribbean Cruises in a research note on Tuesday, July 7th. They set an “outperform” rating and a $370.00 target price for the company. Finally, Citigroup raised their target price on Royal Caribbean Cruises from $327.00 to $362.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $353.40.

Royal Caribbean Cruises Stock Up 0.6%

Shares of NYSE:RCL opened at $327.66 on Thursday. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.21 and a quick ratio of 0.19. The firm has a fifty day moving average price of $299.38 and a 200 day moving average price of $290.64. Royal Caribbean Cruises Ltd. has a 1-year low of $232.10 and a 1-year high of $366.50. The stock has a market cap of $87.63 billion, a P/E ratio of 20.25, a P/E/G ratio of 1.11 and a beta of 1.77.

Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 earnings per share for the quarter, beating analysts’ consensus estimates of $3.98 by $0.23. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. The firm had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.82 billion. During the same period last year, the firm posted $4.38 EPS. Royal Caribbean Cruises’s quarterly revenue was up 6.5% on a year-over-year basis. Royal Caribbean Cruises has set its FY 2026 guidance at 17.730-17.870 EPS and its Q3 2026 guidance at 6.260-6.360 EPS. Sell-side analysts predict that Royal Caribbean Cruises Ltd. will post 17.79 EPS for the current year.

Insider Activity

In other news, CEO Michael W. Bayley sold 12,811 shares of Royal Caribbean Cruises stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $315.99, for a total value of $4,048,147.89. Following the transaction, the chief executive officer directly owned 45,297 shares of the company’s stock, valued at $14,313,399.03. The trade was a 22.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 6.44% of the stock is owned by corporate insiders.

About Royal Caribbean Cruises

Royal Caribbean Cruises (NYSE: RCL), operating as part of the Royal Caribbean Group, is a global cruise company that develops, markets and operates passenger cruise ships. The company operates multiple consumer-facing cruise brands that offer short- and long-duration itineraries and a range of onboard experiences. Its core activities include itineraries and voyage operations, guest services and hospitality, onboard food and beverage, entertainment and recreation programming, and the commercial activities needed to sell and support cruises through both direct and travel‑agent channels.

Royal Caribbean’s ships serve a broad set of geographies worldwide, regularly deploying vessels in the Caribbean, North America (including Alaska), Europe, Asia, Australia and South America.