Wellington Management Group LLP Sells 656,471 Shares of Royal Caribbean Cruises Ltd. $RCL

Wellington Management Group LLP decreased its holdings in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 48.3% in the second quarter, Holdings Channel.com reports. The institutional investor owned 701,928 shares of the company’s stock after selling 656,471 shares during the period. Wellington Management Group LLP’s holdings in Royal Caribbean Cruises were worth $222,883,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of RCL. Kingsview Wealth Management LLC purchased a new stake in shares of Royal Caribbean Cruises during the 2nd quarter valued at about $558,000. Beacon Pointe Advisors LLC purchased a new position in shares of Royal Caribbean Cruises during the second quarter valued at approximately $1,467,000. Pin Oak Investment Advisors Inc. bought a new position in Royal Caribbean Cruises during the second quarter valued at approximately $32,000. Empowered Funds LLC bought a new position in Royal Caribbean Cruises during the second quarter valued at approximately $4,701,000. Finally, United Capital Financial Advisors LLC bought a new stake in Royal Caribbean Cruises in the 2nd quarter worth approximately $4,080,000. Institutional investors own 87.53% of the company’s stock.

Royal Caribbean Cruises Stock Performance

NYSE:RCL opened at $279.93 on Monday. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.19 and a current ratio of 0.21. The stock has a 50-day simple moving average of $302.18 and a two-hundred day simple moving average of $289.77. The firm has a market capitalization of $74.87 billion, a PE ratio of 17.30, a P/E/G ratio of 0.95 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.

Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 EPS for the quarter, topping 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 firm had revenue of $4.83 billion for the quarter, compared to the consensus estimate of $4.82 billion. During the same quarter last year, the company earned $4.38 earnings per share. The business’s revenue for the quarter 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. Analysts forecast that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Wells Fargo & Company increased their price target on Royal Caribbean Cruises from $361.00 to $388.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. TD Cowen reduced their price objective on 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. Citigroup upped their price target 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. William Blair reiterated an “outperform” rating on shares of Royal Caribbean Cruises in a research note on Tuesday, July 28th. Finally, Truist Financial dropped their price objective on shares of Royal Caribbean Cruises from $318.00 to $297.00 and set a “hold” rating on the stock in a report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $353.40.

Insider Transactions at Royal Caribbean Cruises

In other Royal Caribbean Cruises news, CEO Michael W. Bayley sold 12,811 shares of the firm’s stock in a transaction that occurred 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 sale, the chief executive officer owned 45,297 shares in the company, valued at approximately $14,313,399.03. This trade represents a 22.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 6.44% of the company’s stock.

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.