EFG International AG Buys Shares of 51,169 Royal Caribbean Cruises Ltd. $RCL

EFG International AG purchased a new position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 51,169 shares of the company’s stock, valued at approximately $16,248,000.

A number of other hedge funds have also made changes to their positions in RCL. BlackRock Inc. bought a new position in shares of Royal Caribbean Cruises during the 2nd quarter worth about $6,549,422,000. Capital International Investors lifted its stake in shares of Royal Caribbean Cruises by 9.8% in the fourth quarter. Capital International Investors now owns 36,165,358 shares of the company’s stock valued at $10,088,156,000 after buying an additional 3,215,382 shares during the period. Primecap Management Co. CA bought a new stake in shares of Royal Caribbean Cruises in the second quarter valued at about $669,804,000. Norges Bank acquired a new stake in Royal Caribbean Cruises during the fourth quarter worth about $456,752,000. Finally, Legal & General Group Plc bought a new position in Royal Caribbean Cruises during the second quarter valued at about $413,449,000. Institutional investors and hedge funds own 87.53% of the company’s stock.

Insider Buying and Selling

In other Royal Caribbean Cruises news, CEO Michael W. Bayley sold 12,811 shares of the stock in a transaction dated 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 of the company’s stock, valued at $14,313,399.03. This represents a 22.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 6.44% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have commented on RCL shares. Wells Fargo & Company upped 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. Mizuho set a $380.00 price objective on Royal Caribbean Cruises in a research report on Friday, May 1st. Zacks Research upgraded Royal Caribbean Cruises from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 18th. TD Cowen cut their target price on Royal Caribbean Cruises from $350.00 to $337.00 and set a “buy” rating for the company in a research note on Friday, May 15th. Finally, UBS Group reaffirmed a “buy” rating and issued a $367.00 target price on shares of Royal Caribbean Cruises in a research report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $353.40.

Royal Caribbean Cruises Trading Down 0.2%

RCL stock opened at $292.48 on Wednesday. The business has a fifty day moving average price of $303.60 and a 200 day moving average price of $290.94. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.21 and a quick ratio of 0.19. 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 capitalization of $78.22 billion, a price-to-earnings ratio of 18.08, a P/E/G ratio of 1.00 and a beta of 1.77.

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 analysts’ consensus estimates 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 company had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.82 billion. During the same quarter in the previous year, the firm earned $4.38 earnings per share. The business’s revenue was up 6.5% on a year-over-year basis. 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 expect that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current fiscal year.

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.