Delta Global Management LP Buys Shares of 32,461 Royal Caribbean Cruises Ltd. $RCL

Delta Global Management LP bought a new position in Royal Caribbean Cruises Ltd. (NYSE:RCL) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 32,461 shares of the company’s stock, valued at approximately $9,054,000.

Several other large investors have also added to or reduced their stakes in RCL. Capital International Investors boosted its stake in Royal Caribbean Cruises by 9.8% in the 4th quarter. Capital International Investors now owns 36,165,358 shares of the company’s stock worth $10,088,156,000 after purchasing an additional 3,215,382 shares during the period. Norges Bank bought a new position in Royal Caribbean Cruises in the 4th quarter worth about $456,752,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Royal Caribbean Cruises by 25,747.4% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,202,161 shares of the company’s stock worth $335,307,000 after purchasing an additional 1,197,510 shares during the period. Capital Research Global Investors boosted its stake in Royal Caribbean Cruises by 4.8% in the 4th quarter. Capital Research Global Investors now owns 20,176,544 shares of the company’s stock worth $5,627,669,000 after purchasing an additional 920,042 shares during the period. Finally, Nordea Investment Management AB boosted its stake in Royal Caribbean Cruises by 135.0% in the 4th quarter. Nordea Investment Management AB now owns 1,306,784 shares of the company’s stock worth $366,925,000 after purchasing an additional 750,723 shares during the period. Institutional investors own 87.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on RCL shares. Stifel Nicolaus set a $410.00 target price on Royal Caribbean Cruises in a research note on Friday, May 1st. Zacks Research downgraded Royal Caribbean Cruises from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 20th. Loop Capital assumed coverage on Royal Caribbean Cruises in a research note on Monday, June 1st. They issued a “hold” rating and a $304.00 target price for the company. Barclays dropped their price target on Royal Caribbean Cruises from $351.00 to $340.00 and set an “overweight” rating for the company in a research report on Friday, May 1st. Finally, Wells Fargo & Company lifted their price target on Royal Caribbean Cruises from $349.00 to $360.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Royal Caribbean Cruises has a consensus rating of “Moderate Buy” and a consensus price target of $344.79.

Royal Caribbean Cruises Stock Performance

Shares of RCL opened at $313.24 on Tuesday. The company has a market cap of $84.01 billion, a PE ratio of 19.11, a price-to-earnings-growth ratio of 1.03 and a beta of 1.77. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 1.96. The stock has a 50-day moving average price of $272.84 and a 200-day moving average price of $284.60. 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 issued its quarterly earnings results on Thursday, April 30th. The company reported $3.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.20 by $0.40. The firm had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.46 billion. Royal Caribbean Cruises had a return on equity of 45.25% and a net margin of 24.36%.The company’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter last year, the company posted $2.71 EPS. 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. As a group, equities analysts forecast that Royal Caribbean Cruises Ltd. will post 17.27 earnings per share for the current fiscal year.

Royal Caribbean Cruises Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Wednesday, June 3rd will be given a $1.50 dividend. The ex-dividend date is Wednesday, June 3rd. This represents a $6.00 dividend on an annualized basis and a yield of 1.9%. Royal Caribbean Cruises’s payout ratio is presently 36.61%.

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.