PNC Financial Services Group Inc. Trims Holdings in Royal Caribbean Cruises Ltd. $RCL

PNC Financial Services Group Inc. decreased its position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 1.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 299,652 shares of the company’s stock after selling 4,385 shares during the period. PNC Financial Services Group Inc.’s holdings in Royal Caribbean Cruises were worth $83,579,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in RCL. Larson Financial Group LLC boosted its position in shares of Royal Caribbean Cruises by 4.1% in the fourth quarter. Larson Financial Group LLC now owns 2,997 shares of the company’s stock worth $836,000 after purchasing an additional 119 shares during the period. AMF Tjanstepension AB raised its position in shares of Royal Caribbean Cruises by 28.9% during the 4th quarter. AMF Tjanstepension AB now owns 448,886 shares of the company’s stock valued at $125,203,000 after purchasing an additional 100,748 shares during the period. ProShare Advisors LLC raised its position in shares of Royal Caribbean Cruises by 10.0% during the 4th quarter. ProShare Advisors LLC now owns 53,125 shares of the company’s stock valued at $14,818,000 after purchasing an additional 4,826 shares during the period. HighTower Advisors LLC lifted its stake in shares of Royal Caribbean Cruises by 3.4% during the 4th quarter. HighTower Advisors LLC now owns 36,887 shares of the company’s stock valued at $10,288,000 after buying an additional 1,217 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in shares of Royal Caribbean Cruises by 59.7% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 21,390 shares of the company’s stock valued at $5,966,000 after buying an additional 7,998 shares in the last quarter. Hedge funds and other institutional investors own 87.53% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on RCL. Sanford C. Bernstein reiterated an “outperform” rating and issued a $380.00 price target on shares of Royal Caribbean Cruises in a research note on Friday, January 30th. TD Cowen lowered their price objective 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. Jefferies Financial Group upped their price objective on Royal Caribbean Cruises from $275.00 to $334.00 and gave the stock a “hold” rating in a research note on Friday, January 30th. JPMorgan Chase & Co. cut their target price on Royal Caribbean Cruises from $376.00 to $341.00 and set an “overweight” rating for the company in a research report on Wednesday, April 8th. Finally, Citigroup decreased their target price on Royal Caribbean Cruises from $377.00 to $348.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. Fifteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Royal Caribbean Cruises currently has a consensus rating of “Moderate Buy” and a consensus price target of $347.21.

Insider Activity at Royal Caribbean Cruises

In related news, Director Arne Alexander Wilhelmsen sold 245,476 shares of the stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $311.54, for a total transaction of $76,475,593.04. Following the completion of the transaction, the director directly owned 16,435,910 shares of the company’s stock, valued at approximately $5,120,443,401.40. This represents a 1.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders sold 1,245,155 shares of company stock valued at $393,013,089 in the last quarter. 6.44% of the stock is currently owned by insiders.

More Royal Caribbean Cruises News

Here are the key news stories impacting Royal Caribbean Cruises this week:

• Positive Sentiment: Royal Caribbean announced a new partnership with Affirm to offer flexible, interest-free installment payments for cruise bookings in the UK and Canada, which could support bookings and customer conversion. Article Title
• Neutral Sentiment: RCL has been one of the most-searched stocks on Zacks, signaling elevated investor interest, though this is not a direct catalyst for earnings or operations. Article Title
• Negative Sentiment: Mexico’s rejection of the company’s “Perfect Day” project could hurt Royal Caribbean’s growth plans and raises regulatory risk around a key investment opportunity. Article Title
• Negative Sentiment: Several analysts at Zacks Research lowered earnings estimates for Royal Caribbean, suggesting some slowing in expected profitability versus prior forecasts. Article Title

Royal Caribbean Cruises Stock Performance

RCL opened at $254.16 on Thursday. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.17 and a current ratio of 0.20. The stock has a market capitalization of $68.17 billion, a price-to-earnings ratio of 15.51, a PEG ratio of 0.87 and a beta of 1.77. The company has a fifty day moving average of $270.62 and a 200 day moving average of $282.05. Royal Caribbean Cruises Ltd. has a fifty-two week low of $232.10 and a fifty-two week high of $366.50.

Royal Caribbean Cruises (NYSE:RCL) last announced its quarterly earnings results on Thursday, April 30th. The company reported $3.60 EPS for the quarter, topping the consensus estimate of $3.20 by $0.40. Royal Caribbean Cruises had a net margin of 24.36% and a return on equity of 45.25%. The business had revenue of $4.45 billion for the quarter, compared to analysts’ expectations of $4.46 billion. During the same quarter in the previous year, the company earned $2.71 EPS. The business’s quarterly revenue was up 11.3% compared to the same quarter last year. Royal Caribbean Cruises has set its Q2 2026 guidance at 3.830-3.930 EPS and its FY 2026 guidance at 17.100-17.500 EPS. As a group, sell-side analysts forecast that Royal Caribbean Cruises Ltd. will post 17.28 earnings per share for the current fiscal year.

Royal Caribbean Cruises Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Wednesday, June 3rd will be given a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Wednesday, June 3rd. Royal Caribbean Cruises’s payout ratio is currently 36.61%.

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.