Meeder Asset Management Inc. Acquires New Shares in Royal Caribbean Cruises Ltd. $RCL

Meeder Asset Management Inc. acquired a new position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) in the second quarter, HoldingsChannel.com reports. The firm acquired 27,722 shares of the company’s stock, valued at approximately $8,803,000.

Several other large investors have also recently added to or reduced their stakes in RCL. BlackRock Inc. bought a new stake in Royal Caribbean Cruises in the second quarter valued at $6,549,422,000. Capital International Investors grew its position in shares of Royal Caribbean Cruises by 9.8% during the fourth quarter. Capital International Investors now owns 36,165,358 shares of the company’s stock worth $10,088,156,000 after acquiring an additional 3,215,382 shares during the last quarter. Norges Bank acquired a new stake in shares of Royal Caribbean Cruises in the 4th quarter worth about $456,752,000. Bank of New York Mellon Corp bought a new stake in Royal Caribbean Cruises in the 2nd quarter valued at about $381,271,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Royal Caribbean Cruises by 25,747.4% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,202,161 shares of the company’s stock valued at $335,307,000 after purchasing an additional 1,197,510 shares during the last quarter. 87.53% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Royal Caribbean Cruises

In other news, CEO Michael W. Bayley sold 12,811 shares of Royal Caribbean Cruises stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $315.99, for a total transaction of $4,048,147.89. Following the transaction, the chief executive officer owned 45,297 shares in the company, valued at approximately $14,313,399.03. The trade was a 22.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 6.44% of the company’s stock.

Analyst Upgrades and Downgrades

RCL has been the subject of several recent analyst reports. William Blair restated an “outperform” rating on shares of Royal Caribbean Cruises in a research report on Tuesday, July 28th. Stifel Nicolaus boosted their price objective on Royal Caribbean Cruises from $410.00 to $415.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Barclays decreased their price objective on Royal Caribbean Cruises from $351.00 to $340.00 and set an “overweight” rating for the company in a report on Friday, May 1st. Citigroup raised their target price on Royal Caribbean Cruises from $327.00 to $362.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Finally, Susquehanna boosted their price target on Royal Caribbean Cruises from $350.00 to $372.00 and gave the stock a “positive” rating in a research report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Royal Caribbean Cruises has a consensus rating of “Moderate Buy” and an average target price of $353.40.

Royal Caribbean Cruises Trading Down 0.9%

Shares of NYSE:RCL opened at $302.31 on Tuesday. The stock has a market capitalization of $80.85 billion, a price-to-earnings ratio of 18.68, a PEG ratio of 1.04 and a beta of 1.77. Royal Caribbean Cruises Ltd. has a 1-year low of $232.10 and a 1-year 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. The company has a 50 day moving average price of $303.45 and a 200 day moving average price of $292.24.

Royal Caribbean Cruises (NYSE:RCL) last announced its earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.98 by $0.23. The company 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%.Royal Caribbean Cruises’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period in the previous year, the firm 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. On average, research analysts anticipate that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current fiscal 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.