50,028 Shares in Royal Caribbean Cruises Ltd. $RCL Purchased by Commerce Bank

Commerce Bank acquired a new stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) in the second quarter, HoldingsChannel.com reports. The fund acquired 50,028 shares of the company’s stock, valued at approximately $15,885,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Montag A & Associates Inc. increased 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 purchasing an additional 59 shares during the period. Ares Financial Consulting LLC purchased a new position in Royal Caribbean Cruises in the fourth quarter valued at about $26,000. University of Texas Texas AM Investment Management Co. purchased a new position in Royal Caribbean Cruises in the fourth quarter valued at about $26,000. IMG Wealth Management Inc. acquired a new stake in shares of Royal Caribbean Cruises during the 1st quarter valued at approximately $27,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in shares of Royal Caribbean Cruises during the 4th quarter valued at approximately $27,000. Institutional investors and hedge funds own 87.53% of the company’s stock.

Wall Street Analyst Weigh In

RCL has been the topic of several research analyst reports. Zacks Research raised Royal Caribbean Cruises from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 18th. Freedom Capital cut Royal Caribbean Cruises from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 29th. TD Cowen decreased their target price on 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. Citigroup upped their target price on Royal Caribbean Cruises from $327.00 to $362.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Finally, Loop Capital began coverage on Royal Caribbean Cruises in a research report on Monday, June 1st. They issued a “hold” rating and a $304.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, Royal Caribbean Cruises presently has a consensus rating of “Moderate Buy” and a consensus target price of $353.40.

Insiders Place Their Bets

In other news, CEO Michael W. Bayley sold 12,811 shares of the business’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $315.99, for a total value of $4,048,147.89. Following the completion of the transaction, the chief executive officer directly owned 45,297 shares of the company’s stock, valued at $14,313,399.03. The trade was a 22.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 6.44% of the company’s stock.

Royal Caribbean Cruises Stock Up 1.6%

Shares of NYSE RCL opened at $292.29 on Friday. The firm’s 50-day moving average is $304.42 and its two-hundred day moving average is $291.73. The company has a market capitalization of $78.17 billion, a PE ratio of 18.06, a price-to-earnings-growth ratio of 1.00 and a beta of 1.77. Royal Caribbean Cruises Ltd. has a 12-month low of $232.10 and a 12-month high of $366.50. 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 (NYSE:RCL) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 earnings per share for the quarter, topping analysts’ consensus estimates of $3.98 by $0.23. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. The business had revenue of $4.83 billion during the quarter, compared to analysts’ expectations of $4.82 billion. During the same period last year, the company posted $4.38 EPS. The company’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. Equities analysts anticipate that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current fiscal year.

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.