Louisiana State Employees Retirement System Invests $3.52 Million in Royal Caribbean Cruises Ltd. $RCL

Louisiana State Employees Retirement System bought a new position in Royal Caribbean Cruises Ltd. (NYSE:RCL) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 12,800 shares of the company’s stock, valued at approximately $3,522,000.

Several other hedge funds have also modified their holdings of RCL. Capital International Investors increased 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 in the last quarter. Vanguard Group Inc. lifted its stake in Royal Caribbean Cruises by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 30,253,450 shares of the company’s stock valued at $8,438,292,000 after buying an additional 187,283 shares in the last quarter. Capital Research Global Investors increased its position in shares of Royal Caribbean Cruises by 4.8% in the fourth quarter. Capital Research Global Investors now owns 20,176,544 shares of the company’s stock worth $5,627,669,000 after acquiring an additional 920,042 shares in the last quarter. State Street Corp increased its position in shares of Royal Caribbean Cruises by 0.8% in the third quarter. State Street Corp now owns 10,576,751 shares of the company’s stock worth $3,433,052,000 after acquiring an additional 84,202 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Royal Caribbean Cruises by 2.3% during the fourth quarter. Geode Capital Management LLC now owns 7,054,191 shares of the company’s stock valued at $1,961,758,000 after acquiring an additional 155,491 shares during the period. 87.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Stifel Nicolaus set a $410.00 price target on shares of Royal Caribbean Cruises in a research report on Friday, May 1st. UBS Group cut their target price on shares of Royal Caribbean Cruises from $321.00 to $309.00 and set a “buy” rating on the stock in a research note on Thursday, May 14th. Freedom Capital raised Royal Caribbean Cruises to a “strong-buy” rating in a research report on Wednesday, June 3rd. Morgan Stanley lowered their price target on Royal Caribbean Cruises from $310.00 to $280.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 26th. Finally, Mizuho set a $380.00 price target on Royal Caribbean Cruises in a research report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Royal Caribbean Cruises presently has a consensus rating of “Moderate Buy” and an average target price of $345.58.

Royal Caribbean Cruises Trading Down 0.7%

Shares of Royal Caribbean Cruises stock opened at $320.52 on Friday. The company’s fifty day simple moving average is $279.41 and its 200-day simple moving average is $287.58. The company has a market cap of $85.96 billion, a price-to-earnings ratio of 19.56, a PEG ratio of 1.11 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. Royal Caribbean Cruises Ltd. has a 1 year low of $232.10 and a 1 year high of $366.50.

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. The firm had revenue of $4.45 billion during the quarter, compared to analysts’ expectations of $4.46 billion. Royal Caribbean Cruises had a net margin of 24.36% and a return on equity of 45.25%. The business’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same period in the prior year, the company earned $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, sell-side analysts expect that Royal Caribbean Cruises Ltd. will post 17.27 EPS for the current 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 dividend of $1.50 per share. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $6.00 dividend on an annualized basis and a yield of 1.9%. Royal Caribbean Cruises’s dividend payout ratio (DPR) is 36.61%.

Royal Caribbean Cruises 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.