Junto Capital Management LP Takes Position in Royal Caribbean Cruises Ltd. $RCL

Junto Capital Management LP bought a new position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 267,980 shares of the company’s stock, valued at approximately $85,092,000. Royal Caribbean Cruises accounts for 1.5% of Junto Capital Management LP’s investment portfolio, making the stock its 20th largest position. Junto Capital Management LP owned 0.10% of Royal Caribbean Cruises as of its most recent SEC filing.

Several other large investors also recently modified their holdings of RCL. University of Texas Texas AM Investment Management Co. bought a new position in Royal Caribbean Cruises during the 4th quarter valued at approximately $26,000. IMG Wealth Management Inc. bought a new stake in shares of Royal Caribbean Cruises in the 1st quarter worth approximately $27,000. Kemnay Advisory Services Inc. purchased a new position in shares of Royal Caribbean Cruises during the fourth quarter valued at approximately $27,000. Quattro Advisors LLC purchased a new position in shares of Royal Caribbean Cruises during the fourth quarter valued at approximately $27,000. Finally, Tucker Asset Management LLC purchased a new position in shares of Royal Caribbean Cruises during the fourth quarter valued at approximately $28,000. 87.53% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on RCL. BMO Capital Markets assumed coverage on Royal Caribbean Cruises in a research note on Tuesday, July 7th. They issued an “outperform” rating and a $370.00 price target for the company. TD Cowen reduced 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 research report on Friday, May 15th. Wells Fargo & Company upped their price objective 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. William Blair reaffirmed an “outperform” rating on shares of Royal Caribbean Cruises in a research note on Tuesday, July 28th. Finally, Truist Financial reduced their price target on shares of Royal Caribbean Cruises from $318.00 to $297.00 and set a “hold” rating on the stock in a research report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $353.40.

Royal Caribbean Cruises Stock Performance

Shares of RCL opened at $259.52 on Thursday. The company has a quick ratio of 0.19, a current ratio of 0.21 and a debt-to-equity ratio of 2.03. The business’s 50 day moving average price is $293.95 and its 200-day moving average price is $286.35. Royal Caribbean Cruises Ltd. has a 52 week low of $232.10 and a 52 week high of $356.39. The stock has a market cap of $69.41 billion, a P/E ratio of 16.04, a P/E/G ratio of 0.95 and a beta of 1.74.

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

Royal Caribbean Cruises Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Thursday, September 17th will be issued a dividend of $1.50 per share. The ex-dividend date is Thursday, September 17th. This represents a $6.00 annualized dividend and a dividend yield of 2.3%. Royal Caribbean Cruises’s dividend payout ratio (DPR) is presently 37.08%.

Insider Activity

In related news, CEO Michael Bayley sold 12,811 shares of the company’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $315.99, for a total value of $4,048,147.89. Following the transaction, the chief executive officer owned 45,297 shares in the company, valued at $14,313,399.03. The trade was a 22.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 6.44% of the stock is currently owned by corporate insiders.

Royal Caribbean Cruises Company Profile

Royal Caribbean Cruises Ltd., now operating as Royal Caribbean Group, is a global cruise vacation company headquartered in Miami, Florida. The company provides cruise vacations and related travel experiences through a fleet of ocean-going ships serving destinations across the Caribbean, Europe, Alaska, Asia, Australia and New Zealand, and other regions.

Royal Caribbean Group’s principal brands include Royal Caribbean International, Celebrity Cruises and Silversea. Royal Caribbean International focuses on large-ship vacations featuring entertainment, dining, family activities and onboard attractions; Celebrity Cruises offers premium cruises; and Silversea specializes in luxury and expedition voyages.