Citizens Financial Group Inc. RI Takes $813,000 Position in Royal Caribbean Cruises Ltd. $RCL

Citizens Financial Group Inc. RI acquired a new stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) during the second quarter, HoldingsChannel reports. The institutional investor acquired 2,548 shares of the company’s stock, valued at approximately $813,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in RCL. Montag A & Associates Inc. grew its holdings 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 worth $25,000 after buying an additional 59 shares in the last quarter. Ares Financial Consulting LLC acquired a new stake in Royal Caribbean Cruises during the fourth quarter worth approximately $26,000. University of Texas Texas AM Investment Management Co. acquired a new stake in Royal Caribbean Cruises during the fourth quarter worth approximately $26,000. IMG Wealth Management Inc. purchased a new stake in Royal Caribbean Cruises in the 1st quarter worth approximately $27,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in Royal Caribbean Cruises in the 4th quarter worth approximately $27,000. Hedge funds and other institutional investors own 87.53% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. BMO Capital Markets initiated coverage on Royal Caribbean Cruises in a research note on Tuesday, July 7th. They set an “outperform” rating and a $370.00 price target on the stock. Wells Fargo & Company upped their price objective on shares of Royal Caribbean Cruises from $361.00 to $388.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. TD Cowen cut their price objective on shares of Royal Caribbean Cruises from $350.00 to $337.00 and set a “buy” rating on the stock in a report on Friday, May 15th. UBS Group reissued a “buy” rating and issued a $367.00 target price on shares of Royal Caribbean Cruises in a research report on Monday, August 3rd. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Royal Caribbean Cruises in a report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $353.40.

Royal Caribbean Cruises Stock Down 0.5%

Shares of NYSE RCL opened at $300.37 on Wednesday. Royal Caribbean Cruises Ltd. has a 1 year low of $232.10 and a 1 year high of $366.50. The firm has a market cap of $80.33 billion, a price-to-earnings ratio of 18.56, a PEG ratio of 1.04 and a beta of 1.77. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.19 and a current ratio of 0.21. The stock’s 50-day simple moving average is $303.82 and its 200-day simple moving average is $292.29.

Royal Caribbean Cruises (NYSE:RCL) last released its quarterly earnings results on Tuesday, July 28th. The company reported $4.21 EPS for the quarter, topping the consensus estimate of $3.98 by $0.23. The business had revenue of $4.83 billion for the quarter, compared to analysts’ expectations of $4.82 billion. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.The company’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.38 earnings per share. 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. As a group, equities analysts anticipate that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current fiscal year.

Insider Activity

In other Royal Caribbean Cruises news, CEO Michael W. Bayley sold 12,811 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $315.99, for a total value of $4,048,147.89. Following the transaction, the chief executive officer directly 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 sale was disclosed in a document filed with the SEC, which is available at the SEC website. 6.44% of the stock is currently owned by 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.