1,708 Shares in Royal Caribbean Cruises Ltd. $RCL Acquired by Lecap Asset Management Ltd.

Lecap Asset Management Ltd. acquired a new stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) in the 3rd quarter, Holdings Channel reports. The firm acquired 1,708 shares of the company’s stock, valued at approximately $553,000.

A number of other institutional investors also recently bought and sold shares of the company. Opal Wealth Advisors LLC purchased a new position in shares of Royal Caribbean Cruises in the second quarter valued at $27,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in Royal Caribbean Cruises in the 2nd quarter valued at about $31,000. 1 North Wealth Services LLC acquired a new stake in Royal Caribbean Cruises in the 2nd quarter valued at about $31,000. Evolution Wealth Management Inc. purchased a new position in Royal Caribbean Cruises during the 2nd quarter valued at about $31,000. Finally, Trust Co. of Toledo NA OH acquired a new position in Royal Caribbean Cruises during the second quarter worth about $32,000. 87.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on RCL. Sanford C. Bernstein reissued an “outperform” rating on shares of Royal Caribbean Cruises in a research note on Friday, October 31st. Mizuho lowered their target price on Royal Caribbean Cruises from $372.00 to $362.00 and set an “outperform” rating on the stock in a report on Monday, October 20th. Truist Financial cut their price target on Royal Caribbean Cruises from $333.00 to $321.00 and set a “hold” rating for the company in a report on Tuesday, December 2nd. The Goldman Sachs Group reduced their price objective on Royal Caribbean Cruises from $334.00 to $275.00 and set a “buy” rating on the stock in a research report on Tuesday, December 9th. Finally, Susquehanna set a $350.00 price objective on Royal Caribbean Cruises and gave the stock a “positive” rating in a research report on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Royal Caribbean Cruises has an average rating of “Moderate Buy” and an average price target of $324.82.

Royal Caribbean Cruises Price Performance

RCL stock opened at $304.56 on Friday. The stock has a market capitalization of $83.06 billion, a price-to-earnings ratio of 20.48, a price-to-earnings-growth ratio of 0.80 and a beta of 1.94. The company has a quick ratio of 0.14, a current ratio of 0.16 and a debt-to-equity ratio of 1.67. Royal Caribbean Cruises Ltd. has a 52-week low of $164.01 and a 52-week high of $366.50. The stock’s fifty day simple moving average is $272.14 and its 200-day simple moving average is $307.13.

Royal Caribbean Cruises (NYSE:RCL) last released its earnings results on Tuesday, October 28th. The company reported $5.75 earnings per share for the quarter, topping the consensus estimate of $5.68 by $0.07. Royal Caribbean Cruises had a return on equity of 44.68% and a net margin of 23.33%.The firm had revenue of $5.14 billion for the quarter, compared to the consensus estimate of $5.16 billion. During the same period in the prior year, the business posted $5.20 earnings per share. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. Royal Caribbean Cruises has set its FY 2025 guidance at 15.580-15.630 EPS and its Q4 2025 guidance at 2.740-2.790 EPS. Equities research analysts expect that Royal Caribbean Cruises Ltd. will post 14.9 EPS for the current year.

Royal Caribbean Cruises Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 14th. Investors of record on Friday, December 26th will be given a $1.00 dividend. The ex-dividend date of this dividend is Friday, December 26th. This represents a $4.00 annualized dividend and a dividend yield of 1.3%. Royal Caribbean Cruises’s dividend payout ratio (DPR) is currently 26.90%.

Royal Caribbean Cruises announced that its board has approved a share repurchase program on Wednesday, December 10th that permits the company to buyback $2.00 billion in shares. This buyback authorization permits the company to purchase up to 2.6% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

Insider Transactions at Royal Caribbean Cruises

In related news, Director Maritza Gomez Montiel sold 1,100 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $281.76, for a total transaction of $309,936.00. Following the completion of the transaction, the director owned 14,234 shares of the company’s stock, valued at approximately $4,010,571.84. This represents a 7.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 6.95% of the company’s stock.

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.