Van ECK Associates Corp Buys 40,535 Shares of Royal Caribbean Cruises Ltd. $RCL

Van ECK Associates Corp raised its stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 1,388.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,454 shares of the company’s stock after acquiring an additional 40,535 shares during the period. Van ECK Associates Corp’s holdings in Royal Caribbean Cruises were worth $13,798,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of RCL. BlackRock Inc. bought a new position in shares of Royal Caribbean Cruises in the 2nd quarter valued at $6,549,422,000. Capital International Investors lifted its position in shares of Royal Caribbean Cruises by 9.8% during the 4th quarter. Capital International Investors now owns 36,165,358 shares of the company’s stock worth $10,088,156,000 after buying an additional 3,215,382 shares during the last quarter. Primecap Management Co. CA acquired a new stake in Royal Caribbean Cruises in the second quarter valued at about $669,804,000. Jupiter Topco LLC acquired a new stake in Royal Caribbean Cruises in the second quarter valued at about $597,350,000. Finally, Norges Bank bought a new position in Royal Caribbean Cruises in the fourth quarter valued at about $456,752,000. 87.53% of the stock is currently owned by institutional investors.

Insider Transactions at Royal Caribbean Cruises

In other news, CEO Michael W. Bayley sold 12,811 shares of the firm’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $315.99, for a total transaction of $4,048,147.89. Following the completion of the transaction, the chief executive officer owned 45,297 shares of the company’s stock, valued at approximately $14,313,399.03. This trade represents a 22.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 6.44% of the company’s stock.

Royal Caribbean Cruises Stock Performance

Shares of RCL stock opened at $268.39 on Tuesday. The firm has a market capitalization of $71.78 billion, a price-to-earnings ratio of 16.59, a PEG ratio of 0.95 and a beta of 1.77. The company has a current ratio of 0.21, a quick ratio of 0.19 and a debt-to-equity ratio of 2.03. The business’s 50-day moving average price is $301.35 and its 200-day moving average price is $289.21. Royal Caribbean Cruises Ltd. has a 12 month low of $232.10 and a 12 month high of $366.50.

Royal Caribbean Cruises (NYSE:RCL) last released its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $4.82 billion. During the same quarter in the prior year, the firm posted $4.38 earnings per share. The firm’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. Equities research analysts forecast that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have commented on RCL shares. Freedom Capital downgraded Royal Caribbean Cruises from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 29th. Loop Capital assumed coverage on shares of Royal Caribbean Cruises in a report on Monday, June 1st. They set a “hold” rating and a $304.00 price target on the stock. TD Cowen lowered their price objective on shares of Royal Caribbean Cruises from $350.00 to $337.00 and set a “buy” rating for the company in a research report on Friday, May 15th. William Blair reissued an “outperform” rating on shares of Royal Caribbean Cruises in a research note on Tuesday, July 28th. Finally, Stifel Nicolaus increased their price objective on shares of Royal Caribbean Cruises from $410.00 to $415.00 and gave the company a “buy” rating in a research note 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 assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $353.40.

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.