Silvant Capital Management LLC Takes Position in Royal Caribbean Cruises Ltd. $RCL

Silvant Capital Management LLC purchased a new position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) in the second quarter, Holdings Channel reports. The fund purchased 314,249 shares of the company’s stock, valued at approximately $99,784,000. Royal Caribbean Cruises comprises 2.9% of Silvant Capital Management LLC’s holdings, making the stock its 10th largest holding.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Brighton Jones LLC raised its holdings in Royal Caribbean Cruises by 12.2% during the fourth quarter. Brighton Jones LLC now owns 1,312 shares of the company’s stock worth $303,000 after purchasing an additional 143 shares in the last quarter. Woodline Partners LP boosted its stake in 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 purchasing an additional 6,063 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in Royal Caribbean Cruises during the second quarter worth about $1,762,000. Baird Financial Group Inc. raised 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 purchasing an additional 243 shares in the last quarter. Finally, Brown Advisory Inc. bought a new position in shares of Royal Caribbean Cruises in the second quarter valued at $357,000. 87.53% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Royal Caribbean Cruises in a research note on Thursday, June 18th. Zacks Research upgraded Royal Caribbean Cruises from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 18th. BMO Capital Markets began coverage on Royal Caribbean Cruises in a research note on Tuesday, July 7th. They set an “outperform” rating and a $370.00 price target for the company. Loop Capital started coverage on Royal Caribbean Cruises in a research note on Monday, June 1st. They issued a “hold” rating and a $304.00 price target for the company. Finally, Citigroup raised their price objective on shares of Royal Caribbean Cruises from $327.00 to $362.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $353.40.

Insiders Place Their Bets

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

Royal Caribbean Cruises Stock Down 4.4%

RCL stock opened at $287.35 on Friday. The company has a 50-day moving average of $304.45 and a two-hundred day moving average of $291.73. Royal Caribbean Cruises Ltd. has a 52-week low of $232.10 and a 52-week high of $366.50. The stock has a market capitalization of $76.85 billion, a price-to-earnings ratio of 17.76, a price-to-earnings-growth ratio of 1.03 and a beta of 1.77. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.21 and a quick ratio of 0.19.

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

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.