Sageworth Trust Co Buys New Stake in Royal Caribbean Cruises Ltd. $RCL

Sageworth Trust Co bought a new position in Royal Caribbean Cruises Ltd. (NYSE:RCL) during the 1st quarter, Holdings Channel reports. The fund bought 2,768 shares of the company’s stock, valued at approximately $762,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Russell Investments Group Ltd. increased its position in Royal Caribbean Cruises by 49.3% in the 3rd quarter. Russell Investments Group Ltd. now owns 117,162 shares of the company’s stock worth $37,931,000 after buying an additional 38,698 shares during the period. Danske Bank A S acquired a new position in shares of Royal Caribbean Cruises during the third quarter worth approximately $48,063,000. Dougherty & Associates LLC bought a new stake in shares of Royal Caribbean Cruises in the fourth quarter valued at approximately $10,827,000. TD Asset Management Inc boosted its position in shares of Royal Caribbean Cruises by 29.7% in the fourth quarter. TD Asset Management Inc now owns 877,659 shares of the company’s stock valued at $244,797,000 after acquiring an additional 201,014 shares during the period. Finally, North Dakota State Investment Board acquired a new stake in shares of Royal Caribbean Cruises in the fourth quarter worth $2,424,000. Institutional investors and hedge funds own 87.53% of the company’s stock.

Royal Caribbean Cruises Price Performance

Shares of RCL stock opened at $282.07 on Thursday. Royal Caribbean Cruises Ltd. has a 12 month low of $232.10 and a 12 month high of $366.50. The company has a market capitalization of $75.65 billion, a P/E ratio of 17.21, a P/E/G ratio of 0.99 and a beta of 1.76. The stock has a 50 day moving average of $284.13 and a two-hundred day moving average of $289.12. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 1.96.

Royal Caribbean Cruises (NYSE:RCL) last released its quarterly earnings data 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. Royal Caribbean Cruises had a return on equity of 45.25% and a net margin of 24.36%.The business had revenue of $4.45 billion for the quarter, compared to analysts’ expectations of $4.46 billion. During the same period in the previous year, the business posted $2.71 earnings per share. Royal Caribbean Cruises’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. As a group, equities analysts expect that Royal Caribbean Cruises Ltd. will post 17.27 EPS for the current year.

Royal Caribbean Cruises Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Wednesday, June 3rd were issued a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Wednesday, June 3rd. Royal Caribbean Cruises’s dividend payout ratio (DPR) is presently 36.61%.

Analyst Ratings Changes

RCL has been the topic of a number of research reports. Freedom Capital raised shares of Royal Caribbean Cruises to a “strong-buy” rating in a research report on Wednesday, June 3rd. Citigroup increased their price target on shares of Royal Caribbean Cruises from $348.00 to $362.00 and gave the company a “buy” rating in a report on Tuesday, June 16th. Stifel Nicolaus set a $410.00 price target on shares of Royal Caribbean Cruises in a research report on Friday, May 1st. BMO Capital Markets started coverage on shares of Royal Caribbean Cruises in a report on Tuesday. They set an “outperform” rating and a $370.00 price objective on the stock. Finally, Zacks Research upgraded shares of Royal Caribbean Cruises from a “strong sell” rating to a “hold” rating in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $346.80.

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.