Mirae Asset Global Investments Co. Ltd. Purchases 6,466 Shares of Royal Caribbean Cruises Ltd. $RCL

Mirae Asset Global Investments Co. Ltd. raised its position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 11.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 61,864 shares of the company’s stock after buying an additional 6,466 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Royal Caribbean Cruises were worth $19,644,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of RCL. Montag A & Associates Inc. grew its position in Royal Caribbean Cruises by 184.4% during the 4th quarter. Montag A & Associates Inc. now owns 91 shares of the company’s stock worth $25,000 after acquiring an additional 59 shares during the last quarter. Ares Financial Consulting LLC bought a new position in Royal Caribbean Cruises in the 4th quarter valued at $26,000. University of Texas Texas AM Investment Management Co. bought a new position in Royal Caribbean Cruises in the 4th quarter valued at $26,000. Kemnay Advisory Services Inc. acquired a new position in Royal Caribbean Cruises in the fourth quarter worth $27,000. Finally, IMG Wealth Management Inc. acquired a new position in Royal Caribbean Cruises in the first quarter worth $27,000. Institutional investors own 87.53% of the company’s stock.

More Royal Caribbean Cruises News

Here are the key news stories impacting Royal Caribbean Cruises this week:

• Positive Sentiment: Zacks raised its FY2026 EPS estimate to $17.73 from $17.13, bringing it close to the broader consensus estimate of $17.79. The firm also increased its estimates for Q3 2026, Q4 2026, FY2027, Q4 2027 and FY2028, suggesting expectations for continued earnings growth. Are Wall Street Analysts Predicting Royal Caribbean Cruises Stock Will Climb or Sink?
• Positive Sentiment: Zacks lifted its FY2027 EPS forecast to $19.10 from $19.06 and FY2028 EPS forecast to $22.09 from $22.04. Although the revisions were modest, they reinforce expectations that Royal Caribbean’s earnings can expand beyond 2026.
• Positive Sentiment: Brokerages’ average price target is approximately $353.40, materially above the stock’s recent trading level near $310, implying potential upside if the company meets or exceeds earnings expectations. Brokerages Set Royal Caribbean Cruises Ltd. Price Target at $353.40
• Neutral Sentiment: Analyst sentiment remains mixed rather than strongly bullish. Zacks Research maintains a Hold rating, while broader Wall Street commentary describes the outlook as cautiously optimistic despite RCL’s lagging the overall market over the past year. Analysts’ Opinions Are Mixed on Royal Caribbean
• Negative Sentiment: Zacks lowered its Q1 2027 EPS estimate to $3.66 from $3.68, Q1 2028 to $4.92 from $5.20, and Q2 2028 to $5.49 from $5.65. These reductions indicate some pressure or uncertainty in specific seasonal periods, partially offsetting the broader upward revisions.

Insiders Place Their Bets

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 transaction 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 SEC, which is accessible through this hyperlink. Corporate insiders own 6.44% of the company’s stock.

Wall Street Analyst Weigh In

RCL has been the subject of a number of research reports. Barclays lowered their target price on Royal Caribbean Cruises from $351.00 to $340.00 and set an “overweight” rating for the company in a research note on Friday, May 1st. Citigroup upped their price target on shares of Royal Caribbean Cruises from $327.00 to $362.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Truist Financial decreased their price objective on shares of Royal Caribbean Cruises from $318.00 to $297.00 and set a “hold” rating on the stock in a report on Friday, May 22nd. Loop Capital assumed coverage on shares of Royal Caribbean Cruises in a research report on Monday, June 1st. They issued a “hold” rating and a $304.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft set a $296.00 target price on shares of Royal Caribbean Cruises in a research note on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $353.40.

Royal Caribbean Cruises Stock Up 0.8%

NYSE RCL opened at $310.32 on Friday. The stock has a fifty day moving average of $302.35 and a 200-day moving average of $292.07. The stock has a market capitalization of $82.99 billion, a P/E ratio of 19.18, a price-to-earnings-growth ratio of 1.05 and a beta of 1.77. Royal Caribbean Cruises Ltd. has a 52 week low of $232.10 and a 52 week high of $366.50. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.19 and a current ratio of 0.21.

Royal Caribbean Cruises (NYSE:RCL) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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. On average, equities research analysts forecast that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current year.

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.