North Dakota State Investment Board Buys Shares of 8,689 Royal Caribbean Cruises Ltd. $RCL

North Dakota State Investment Board bought a new stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) in the fourth quarter, Holdings Channel.com reports. The firm bought 8,689 shares of the company’s stock, valued at approximately $2,424,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of RCL. Montag A & Associates Inc. boosted its stake in Royal Caribbean Cruises by 184.4% during the 4th quarter. Montag A & Associates Inc. now owns 91 shares of the company’s stock valued at $25,000 after purchasing an additional 59 shares during the period. Ares Financial Consulting LLC acquired a new position in Royal Caribbean Cruises during the 4th quarter valued at about $26,000. SRH Advisors LLC acquired a new position in Royal Caribbean Cruises during the 4th quarter valued at about $28,000. GGM Financials LLC acquired a new position in Royal Caribbean Cruises during the 3rd quarter valued at about $33,000. Finally, Rosenberg Matthew Hamilton acquired a new position in Royal Caribbean Cruises during the 4th quarter valued at about $33,000. 87.53% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Arne Alexander Wilhelmsen sold 245,476 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $311.54, for a total transaction of $76,475,593.04. Following the sale, the director owned 16,435,910 shares in the company, valued at $5,120,443,401.40. The trade was a 1.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 1,451,597 shares of company stock worth $458,439,930 in the last quarter. 6.44% of the stock is owned by insiders.

Royal Caribbean Cruises Stock Down 3.0%

RCL stock opened at $252.42 on Tuesday. Royal Caribbean Cruises Ltd. has a 12 month low of $232.60 and a 12 month high of $366.50. The firm has a market cap of $67.70 billion, a PE ratio of 15.40, a P/E/G ratio of 0.91 and a beta of 1.77. The firm has a 50 day simple moving average of $271.97 and a 200 day simple moving average of $282.49. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.20 and a quick ratio of 0.17.

Royal Caribbean Cruises (NYSE:RCL) last released its earnings results on Thursday, April 30th. The company reported $3.60 EPS for the quarter, beating the consensus estimate of $3.20 by $0.40. Royal Caribbean Cruises had a net margin of 24.36% and a return on equity of 45.25%. The business had revenue of $4.45 billion during the quarter, compared to analyst estimates of $4.46 billion. During the same period in the prior year, the business earned $2.71 earnings per share. The business’s quarterly revenue was up 11.3% on a year-over-year basis. Royal Caribbean Cruises has set its Q2 2026 guidance at 3.830-3.930 EPS and its FY 2026 guidance at 17.100-17.500 EPS. Equities research analysts forecast that Royal Caribbean Cruises Ltd. will post 17.28 earnings per share for the current fiscal year.

Royal Caribbean Cruises Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Wednesday, June 3rd will be issued a dividend of $1.50 per share. The ex-dividend date is Wednesday, June 3rd. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.4%. Royal Caribbean Cruises’s payout ratio is currently 36.61%.

Analyst Ratings Changes

RCL has been the subject of a number of analyst reports. Truist Financial boosted their target price on shares of Royal Caribbean Cruises from $318.00 to $327.00 and gave the company a “hold” rating in a research note on Tuesday, March 24th. Tigress Financial boosted their target price on shares of Royal Caribbean Cruises from $415.00 to $425.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Jefferies Financial Group upped their price target on shares of Royal Caribbean Cruises from $275.00 to $334.00 and gave the stock a “hold” rating in a research note on Friday, January 30th. Citigroup reduced their price target on shares of Royal Caribbean Cruises from $377.00 to $348.00 and set a “buy” rating for the company in a research note on Friday, May 1st. Finally, Morgan Stanley reduced their price target on shares of Royal Caribbean Cruises from $330.00 to $310.00 and set an “equal weight” rating for the company in a research note on Thursday, April 9th. Fifteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Royal Caribbean Cruises has an average rating of “Moderate Buy” and an average target price of $347.21.

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.