Keebeck Wealth Management Invests $616,000 in Royal Caribbean Cruises Ltd. $RCL

Keebeck Wealth Management purchased a new position in Royal Caribbean Cruises Ltd. (NYSE:RCL) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 1,932 shares of the company’s stock, valued at approximately $616,000.

Several other hedge funds have also recently bought and sold shares of RCL. Brighton Jones LLC raised its holdings in Royal Caribbean Cruises by 12.2% during the fourth quarter. Brighton Jones LLC now owns 1,312 shares of the company’s stock worth $303,000 after purchasing an additional 143 shares during the last quarter. Woodline Partners LP grew its holdings in Royal Caribbean Cruises by 40.8% in the first quarter. Woodline Partners LP now owns 20,918 shares of the company’s stock valued at $4,297,000 after purchasing an additional 6,063 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in Royal Caribbean Cruises in the second quarter valued at $1,762,000. Baird Financial Group Inc. increased its position in shares of Royal Caribbean Cruises by 5.4% in the second quarter. Baird Financial Group Inc. now owns 4,772 shares of the company’s stock valued at $1,494,000 after buying an additional 243 shares in the last quarter. Finally, Brown Advisory Inc. purchased a new position in shares of Royal Caribbean Cruises in the second quarter valued at $357,000. 87.53% of the stock is owned by hedge funds and other institutional investors.

Royal Caribbean Cruises Stock Performance

NYSE RCL opened at $292.29 on Friday. Royal Caribbean Cruises Ltd. has a fifty-two week low of $232.10 and a fifty-two week high of $366.50. The stock has a market cap of $78.17 billion, a price-to-earnings ratio of 18.06, a price-to-earnings-growth ratio of 0.98 and a beta of 1.77. The business has a fifty day moving average of $304.42 and a 200-day moving average of $291.73. The company has a quick ratio of 0.19, a current ratio of 0.21 and a debt-to-equity ratio of 2.03.

Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 EPS for the quarter, beating analysts’ consensus estimates of $3.98 by $0.23. The business had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.82 billion. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter last year, the company earned $4.38 earnings per share. 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. As a group, analysts predict that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. TD Cowen decreased their price objective on shares of Royal Caribbean Cruises from $350.00 to $337.00 and set a “buy” rating on the stock in a research report on Friday, May 15th. Morgan Stanley raised their target price on shares of Royal Caribbean Cruises from $280.00 to $300.00 and gave the company an “equal weight” rating in a report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft set a $296.00 target price on shares of Royal Caribbean Cruises in a research report on Friday, May 1st. Freedom Capital downgraded shares of Royal Caribbean Cruises from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 29th. Finally, Loop Capital started coverage on shares of Royal Caribbean Cruises in a report on Monday, June 1st. They issued a “hold” rating and a $304.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus 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 company’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $315.99, for a total value of $4,048,147.89. Following the transaction, the chief executive officer directly owned 45,297 shares in the company, valued at approximately $14,313,399.03. This represents a 22.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 6.44% of the company’s stock.

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.