Sumitomo Mitsui DS Asset Management Company Ltd Has $12.01 Million Stock Holdings in Royal Caribbean Cruises Ltd. $RCL

Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 5.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 37,113 shares of the company’s stock after acquiring an additional 2,078 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Royal Caribbean Cruises were worth $12,009,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Oregon Public Employees Retirement Fund increased its position in shares of Royal Caribbean Cruises by 33.3% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 28,841 shares of the company’s stock worth $9,332,000 after purchasing an additional 7,211 shares during the last quarter. Steigerwald Gordon & Koch Inc. acquired a new position in Royal Caribbean Cruises during the third quarter worth $118,000. Benjamin Edwards Inc. raised its position in Royal Caribbean Cruises by 33.6% during the third quarter. Benjamin Edwards Inc. now owns 6,146 shares of the company’s stock worth $1,989,000 after acquiring an additional 1,546 shares in the last quarter. Lecap Asset Management Ltd. bought a new stake in Royal Caribbean Cruises during the third quarter worth $553,000. Finally, Ethos Financial Group LLC acquired a new stake in Royal Caribbean Cruises in the third quarter valued at $206,000. 87.53% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Maritza Gomez Montiel sold 1,100 shares of the firm’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 transaction, the director directly owned 14,234 shares of the company’s stock, valued at approximately $4,010,571.84. This trade represents a 7.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 6.95% of the stock is currently owned by insiders.

Royal Caribbean Cruises Stock Performance

RCL opened at $311.43 on Friday. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.16 and a quick ratio of 0.14. The business has a fifty day simple moving average of $272.63 and a 200 day simple moving average of $307.58. Royal Caribbean Cruises Ltd. has a 1 year low of $164.01 and a 1 year high of $366.50. The company has a market capitalization of $84.93 billion, a PE ratio of 20.94, a price-to-earnings-growth ratio of 0.82 and a beta of 1.94.

Royal Caribbean Cruises (NYSE:RCL) last posted its earnings results on Tuesday, October 28th. The company reported $5.75 earnings per share for the quarter, topping analysts’ consensus estimates of $5.68 by $0.07. The company had revenue of $5.14 billion during the quarter, compared to the consensus estimate of $5.16 billion. Royal Caribbean Cruises had a return on equity of 44.68% and a net margin of 23.33%.The company’s revenue was up 5.2% on a year-over-year basis. During the same quarter last year, the firm earned $5.20 earnings per share. 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. Research analysts expect that Royal Caribbean Cruises Ltd. will post 14.9 EPS for the current year.

Royal Caribbean Cruises declared that its board has approved a share buyback program on Wednesday, December 10th that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the company to reacquire up to 2.6% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

Royal Caribbean Cruises Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 14th. Shareholders of record on Friday, December 26th will be issued a $1.00 dividend. The ex-dividend date of this dividend is Friday, December 26th. This represents a $4.00 dividend on an annualized basis and a yield of 1.3%. Royal Caribbean Cruises’s payout ratio is currently 26.90%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on RCL. Royal Bank Of Canada set a $360.00 target price on shares of Royal Caribbean Cruises in a report on Friday, October 31st. Sanford C. Bernstein restated an “outperform” rating on shares of Royal Caribbean Cruises in a research note on Friday, October 31st. JPMorgan Chase & Co. dropped their price target on Royal Caribbean Cruises from $367.00 to $357.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 29th. Citigroup reaffirmed a “buy” rating on shares of Royal Caribbean Cruises in a report on Friday, December 12th. Finally, William Blair reiterated an “outperform” rating on shares of Royal Caribbean Cruises in a report on Tuesday, October 28th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $324.82.

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.