Alberta Investment Management Corp Boosts Holdings in Royal Caribbean Cruises Ltd. $RCL

Alberta Investment Management Corp grew its holdings in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 896.6% during the 4th quarter, HoldingsChannel reports. The fund owned 87,700 shares of the company’s stock after acquiring an additional 78,900 shares during the quarter. Alberta Investment Management Corp’s holdings in Royal Caribbean Cruises were worth $24,461,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in RCL. Brighton Jones LLC raised its stake in shares of Royal Caribbean Cruises by 12.2% during the fourth quarter. Brighton Jones LLC now owns 1,312 shares of the company’s stock worth $303,000 after acquiring an additional 143 shares in the last quarter. Woodline Partners LP increased its stake in shares of Royal Caribbean Cruises by 40.8% in the first quarter. Woodline Partners LP now owns 20,918 shares of the company’s stock worth $4,297,000 after buying an additional 6,063 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in shares of Royal Caribbean Cruises in the second quarter worth $1,762,000. Baird Financial Group Inc. increased its stake in shares of Royal Caribbean Cruises by 5.4% in the second quarter. Baird Financial Group Inc. now owns 4,772 shares of the company’s stock worth $1,494,000 after buying an additional 243 shares during the period. Finally, Brown Advisory Inc. purchased a new position in shares of Royal Caribbean Cruises in the second quarter worth $357,000. 87.53% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently commented on RCL. Freedom Capital raised shares of Royal Caribbean Cruises to a “strong-buy” rating in a research note on Wednesday, June 3rd. Morgan Stanley decreased their target price on shares of Royal Caribbean Cruises from $310.00 to $280.00 and set an “equal weight” rating on the stock in a research note on Tuesday, May 26th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Royal Caribbean Cruises in a research note on Wednesday, March 25th. Citigroup decreased their target price on shares of 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. Finally, Stifel Nicolaus set a $410.00 target price on shares of Royal Caribbean Cruises in a research note on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $344.79.

Royal Caribbean Cruises Stock Up 6.4%

Shares of Royal Caribbean Cruises stock opened at $313.24 on Tuesday. Royal Caribbean Cruises Ltd. has a 12-month low of $232.10 and a 12-month high of $366.50. The company has a market cap of $84.01 billion, a P/E ratio of 19.11, a PEG ratio of 1.03 and a beta of 1.77. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 1.96. The company’s fifty day simple moving average is $272.84 and its two-hundred day simple moving average is $284.60.

Royal Caribbean Cruises (NYSE:RCL) last announced its earnings results on Thursday, April 30th. The company reported $3.60 EPS for the quarter, beating analysts’ consensus estimates 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 firm 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 business posted $2.71 EPS. The company’s quarterly revenue was up 11.3% on a year-over-year basis. 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. Research analysts anticipate that Royal Caribbean Cruises Ltd. will post 17.27 EPS for the current year.

Royal Caribbean Cruises Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Wednesday, June 3rd will be issued a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Wednesday, June 3rd. Royal Caribbean Cruises’s payout ratio is 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.