Generate Investment Management Ltd Decreases Stock Position in Royal Caribbean Cruises Ltd. $RCL

Generate Investment Management Ltd lowered its position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 73.5% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,214 shares of the company’s stock after selling 91,888 shares during the period. Generate Investment Management Ltd’s holdings in Royal Caribbean Cruises were worth $10,747,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Ascent Group LLC grew its holdings in Royal Caribbean Cruises by 43.7% during the 3rd quarter. Ascent Group LLC now owns 2,929 shares of the company’s stock valued at $948,000 after purchasing an additional 891 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in Royal Caribbean Cruises in the 3rd quarter valued at about $212,000. Diversified Trust Co grew its stake in shares of Royal Caribbean Cruises by 13.5% during the third quarter. Diversified Trust Co now owns 881 shares of the company’s stock valued at $285,000 after acquiring an additional 105 shares in the last quarter. LVW Advisors LLC grew its stake in shares of Royal Caribbean Cruises by 41.3% during the third quarter. LVW Advisors LLC now owns 1,342 shares of the company’s stock valued at $434,000 after acquiring an additional 392 shares in the last quarter. Finally, Continuum Advisory LLC purchased a new stake in shares of Royal Caribbean Cruises during the third quarter worth about $211,000. 87.53% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Royal Caribbean Cruises

In other Royal Caribbean Cruises news, Director Maritza Gomez Montiel sold 1,100 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $281.76, for a total value of $309,936.00. Following the sale, the director owned 14,234 shares in the company, valued at approximately $4,010,571.84. This trade represents a 7.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 6.95% of the company’s stock.

Royal Caribbean Cruises Price Performance

Shares of RCL opened at $281.65 on Wednesday. Royal Caribbean Cruises Ltd. has a 12 month low of $164.01 and a 12 month high of $366.50. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.16 and a quick ratio of 0.14. The stock has a fifty day moving average price of $274.20 and a 200 day moving average price of $306.60. The company has a market cap of $76.81 billion, a P/E ratio of 18.94, a PEG ratio of 0.85 and a beta of 1.91.

Royal Caribbean Cruises (NYSE:RCL) last posted its earnings results on Tuesday, October 28th. The company reported $5.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.68 by $0.07. The company had revenue of $5.14 billion for the quarter, compared to analysts’ expectations of $5.16 billion. Royal Caribbean Cruises had a return on equity of 44.68% and a net margin of 23.33%.The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period last year, the business posted $5.20 earnings per share. Royal Caribbean Cruises has set its FY 2025 guidance at 15.580-15.630 EPS and its Q4 2025 guidance at 2.740-2.790 EPS. On average, research analysts forecast that Royal Caribbean Cruises Ltd. will post 14.9 earnings per share for the current year.

Royal Caribbean Cruises declared that its Board of Directors has initiated a share repurchase program on Wednesday, December 10th that allows the company to repurchase $2.00 billion in shares. This repurchase authorization allows the company to repurchase up to 2.6% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Royal Caribbean Cruises Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 14th. Shareholders of record on Friday, December 26th will be given a $1.00 dividend. The ex-dividend date is Friday, December 26th. This represents a $4.00 annualized dividend and a yield of 1.4%. Royal Caribbean Cruises’s dividend payout ratio is 26.90%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on RCL shares. Stifel Nicolaus lowered their price objective on Royal Caribbean Cruises from $420.00 to $400.00 and set a “buy” rating for the company in a research note on Wednesday, October 29th. Citigroup reiterated a “buy” rating on shares of Royal Caribbean Cruises in a research note on Friday, December 12th. Royal Bank Of Canada set a $360.00 price target on shares of Royal Caribbean Cruises in a research report on Friday, October 31st. Mizuho dropped their price target on shares of Royal Caribbean Cruises from $372.00 to $362.00 and set an “outperform” rating for the company in a research note on Monday, October 20th. Finally, The Goldman Sachs Group cut their price target on shares of Royal Caribbean Cruises from $334.00 to $275.00 and set a “buy” rating on the stock in a report on Tuesday, December 9th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Royal Caribbean Cruises currently has a consensus rating of “Moderate Buy” and a consensus price target of $324.82.

Royal Caribbean Cruises Profile

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.