The Manufacturers Life Insurance Company Acquires New Position in Royal Caribbean Cruises Ltd. $RCL

The Manufacturers Life Insurance Company acquired a new stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 123,128 shares of the company’s stock, valued at approximately $39,097,000.

Several other large investors have also bought and sold shares of the company. Montag A & Associates Inc. increased its position in shares of Royal Caribbean Cruises by 184.4% during the fourth quarter. Montag A & Associates Inc. now owns 91 shares of the company’s stock valued at $25,000 after acquiring an additional 59 shares in the last quarter. Bell Investment Advisors Inc bought a new position in Royal Caribbean Cruises in the 2nd quarter valued at approximately $29,000. Ares Financial Consulting LLC purchased a new stake in Royal Caribbean Cruises during the 4th quarter valued at $26,000. University of Texas Texas AM Investment Management Co. purchased a new stake in Royal Caribbean Cruises during the 4th quarter valued at $26,000. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of Royal Caribbean Cruises in the 4th quarter worth $27,000. 87.53% of the stock is owned by hedge funds and other institutional investors.

Royal Caribbean Cruises Stock Performance

RCL stock opened at $290.55 on Thursday. 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 1 year low of $232.10 and a 1 year high of $366.50. The company has a market cap of $77.71 billion, a P/E ratio of 17.96, a price-to-earnings-growth ratio of 1.00 and a beta of 1.77. The stock’s fifty day moving average price is $303.39 and its 200-day moving average price is $290.70.

Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 EPS for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $4.82 billion. During the same quarter in the prior year, the business earned $4.38 earnings per share. Royal Caribbean Cruises’s revenue for the quarter was up 6.5% compared to the same quarter last year. 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 analysts forecast that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Weiss Ratings restated a “buy (b-)” rating on shares of Royal Caribbean Cruises in a research note on Thursday, June 18th. Stifel Nicolaus increased their price objective on Royal Caribbean Cruises from $410.00 to $415.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. UBS Group reiterated a “buy” rating and issued a $367.00 price objective on shares of Royal Caribbean Cruises in a report on Monday, August 3rd. William Blair restated an “outperform” rating on shares of Royal Caribbean Cruises in a research note on Tuesday, July 28th. Finally, Zacks Research upgraded shares of Royal Caribbean Cruises from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $353.40.

Insider Activity

In other 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 completion of 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 6.44% of the stock is currently owned by corporate insiders.

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.