Daiichi Life Insurance Co. Ltd. Acquires Shares of 14,809 Royal Caribbean Cruises Ltd. $RCL

Daiichi Life Insurance Co. Ltd. bought a new position in Royal Caribbean Cruises Ltd. (NYSE:RCL) during the second quarter, Holdings Channel.com reports. The fund bought 14,809 shares of the company’s stock, valued at approximately $4,702,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Pinnacle Wealth Management Advisory Group LLC grew its stake in Royal Caribbean Cruises by 1.2% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,485 shares of the company’s stock worth $693,000 after purchasing an additional 30 shares in the last quarter. AlphaStar Capital Management LLC raised its position in Royal Caribbean Cruises by 4.1% during the 4th quarter. AlphaStar Capital Management LLC now owns 779 shares of the company’s stock valued at $217,000 after purchasing an additional 31 shares in the last quarter. Kestra Investment Management LLC raised its position in Royal Caribbean Cruises by 2.6% during the 4th quarter. Kestra Investment Management LLC now owns 1,208 shares of the company’s stock valued at $337,000 after purchasing an additional 31 shares in the last quarter. Waterloo Capital L.P. lifted its holdings in shares of Royal Caribbean Cruises by 2.9% in the 4th quarter. Waterloo Capital L.P. now owns 1,191 shares of the company’s stock worth $332,000 after buying an additional 34 shares during the period. Finally, REAP Financial Group LLC lifted its holdings in shares of Royal Caribbean Cruises by 16.8% in the 4th quarter. REAP Financial Group LLC now owns 243 shares of the company’s stock worth $68,000 after buying an additional 35 shares during the period. Institutional investors own 87.53% of the company’s stock.

Royal Caribbean Cruises Trading Up 0.1%

RCL opened at $292.29 on Monday. The firm has a market cap of $78.17 billion, a price-to-earnings ratio of 18.06, a PEG ratio of 1.00 and a beta of 1.77. The company has a current ratio of 0.21, a quick ratio of 0.19 and a debt-to-equity ratio of 2.03. Royal Caribbean Cruises Ltd. has a 12 month low of $232.10 and a 12 month high of $366.50. The stock has a fifty day moving average price of $304.42 and a 200-day moving average price of $291.43.

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

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on RCL. Barclays cut their price target on Royal Caribbean Cruises from $351.00 to $340.00 and set an “overweight” rating on the stock in a research note on Friday, May 1st. Stifel Nicolaus upped their price objective on shares of Royal Caribbean Cruises from $410.00 to $415.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Wells Fargo & Company increased their target price on shares of Royal Caribbean Cruises from $361.00 to $388.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Weiss Ratings reissued a “buy (b-)” rating on shares of Royal Caribbean Cruises in a research report on Thursday, June 18th. Finally, Truist Financial reduced their price target on shares of Royal Caribbean Cruises from $318.00 to $297.00 and set a “hold” rating for the company in a report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $353.40.

Insider Activity at Royal Caribbean Cruises

In other Royal Caribbean Cruises news, CEO Michael W. Bayley sold 12,811 shares of the stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $315.99, for a total transaction of $4,048,147.89. Following the completion of the sale, the chief executive officer directly owned 45,297 shares of the company’s stock, valued at approximately $14,313,399.03. This represents a 22.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 6.44% of the company’s stock.

Royal Caribbean Cruises Company 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.