Perigon Wealth Management LLC Takes Position in Royal Caribbean Cruises Ltd. $RCL

Perigon Wealth Management LLC bought a new position in Royal Caribbean Cruises Ltd. (NYSE:RCL) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 4,630 shares of the company’s stock, valued at approximately $1,470,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in RCL. Brighton Jones LLC grew its position in Royal Caribbean Cruises by 12.2% in the fourth quarter. Brighton Jones LLC now owns 1,312 shares of the company’s stock worth $303,000 after buying an additional 143 shares during the last quarter. Woodline Partners LP lifted its position in shares of Royal Caribbean Cruises by 40.8% during the 1st quarter. Woodline Partners LP now owns 20,918 shares of the company’s stock valued at $4,297,000 after acquiring an additional 6,063 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in shares of Royal Caribbean Cruises during the 2nd quarter worth $1,762,000. Baird Financial Group Inc. grew its holdings in shares of Royal Caribbean Cruises by 5.4% in the 2nd quarter. Baird Financial Group Inc. now owns 4,772 shares of the company’s stock worth $1,494,000 after acquiring an additional 243 shares during the last quarter. Finally, Brown Advisory Inc. acquired a new stake in shares of Royal Caribbean Cruises during the second quarter worth $357,000. 87.53% of the stock is owned by institutional investors and hedge funds.

Royal Caribbean Cruises Price Performance

RCL opened at $302.31 on Tuesday. The company has a fifty day moving average price of $303.45 and a two-hundred day moving average price of $292.24. The firm has a market capitalization of $80.85 billion, a PE ratio of 18.68, a P/E/G ratio of 1.04 and a beta of 1.77. Royal Caribbean Cruises Ltd. has a 52 week low of $232.10 and a 52 week high of $366.50. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.19 and a current ratio of 0.21.

Royal Caribbean Cruises (NYSE:RCL) last released its quarterly earnings results on Tuesday, July 28th. The company reported $4.21 EPS for the quarter, topping analysts’ consensus estimates of $3.98 by $0.23. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.The company had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.82 billion. During the same quarter last year, the firm posted $4.38 earnings per share. Royal Caribbean Cruises’s revenue was up 6.5% compared to the same quarter last year. 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. As a group, analysts anticipate that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms recently weighed in on RCL. William Blair reiterated an “outperform” rating on shares of Royal Caribbean Cruises in a research report on Tuesday, July 28th. Mizuho set a $380.00 target price on shares of Royal Caribbean Cruises in a report on Friday, May 1st. Freedom Capital downgraded shares of Royal Caribbean Cruises from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 29th. Stifel Nicolaus upped their price target on shares of Royal Caribbean Cruises from $410.00 to $415.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Finally, Citigroup raised their price objective on shares of Royal Caribbean Cruises from $327.00 to $362.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $353.40.

Insider Activity at Royal Caribbean Cruises

In related news, CEO Michael W. Bayley sold 12,811 shares of the business’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $315.99, for a total value of $4,048,147.89. Following the sale, the chief executive officer directly owned 45,297 shares of the company’s stock, valued at approximately $14,313,399.03. The trade was a 22.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 6.44% of the stock is currently owned by insiders.

Royal Caribbean Cruises Company 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.