SVB Wealth LLC Sells 3,773 Shares of Royal Caribbean Cruises Ltd. $RCL

SVB Wealth LLC cut its holdings in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 55.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,003 shares of the company’s stock after selling 3,773 shares during the quarter. SVB Wealth LLC’s holdings in Royal Caribbean Cruises were worth $954,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. TD Asset Management Inc increased its position in Royal Caribbean Cruises by 29.7% in the 4th quarter. TD Asset Management Inc now owns 877,659 shares of the company’s stock valued at $244,797,000 after buying an additional 201,014 shares in the last quarter. Dougherty & Associates LLC bought a new position in shares of Royal Caribbean Cruises in the 4th quarter worth $10,827,000. North Dakota State Investment Board acquired a new stake in Royal Caribbean Cruises in the 4th quarter valued at $2,424,000. Capital International Sarl increased its stake in Royal Caribbean Cruises by 19.3% during the 4th quarter. Capital International Sarl now owns 363,713 shares of the company’s stock valued at $101,447,000 after purchasing an additional 58,734 shares in the last quarter. Finally, Thrivent Financial for Lutherans bought a new position in shares of Royal Caribbean Cruises in the fourth quarter valued at $2,027,000. 87.53% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Royal Caribbean Cruises news, CEO Michael Bayley sold 12,811 shares of the stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $315.99, for a total transaction of $4,048,147.89. Following the completion of the transaction, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 6.44% of the company’s stock.

Royal Caribbean Cruises Price Performance

RCL opened at $259.52 on Thursday. Royal Caribbean Cruises Ltd. has a fifty-two week low of $232.10 and a fifty-two week high of $356.39. The firm has a 50-day moving average of $293.95 and a 200 day moving average of $286.35. 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 firm has a market cap of $69.41 billion, a P/E ratio of 16.04, a PEG ratio of 0.95 and a beta of 1.74.

Royal Caribbean Cruises (NYSE:RCL) last announced its quarterly earnings data 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 analyst estimates of $4.82 billion. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. The company’s revenue for the quarter was up 6.5% on a year-over-year basis. 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. On average, research analysts expect that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current year.

Royal Caribbean Cruises Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Thursday, September 17th will be paid a $1.50 dividend. The ex-dividend date is Thursday, September 17th. This represents a $6.00 annualized dividend and a yield of 2.3%. Royal Caribbean Cruises’s dividend payout ratio is presently 37.08%.

Analyst Upgrades and Downgrades

RCL has been the subject of several recent research reports. BMO Capital Markets initiated coverage on shares of Royal Caribbean Cruises in a research report on Tuesday, July 7th. They set an “outperform” rating and a $370.00 target price for the company. Stifel Nicolaus increased their target price on shares of Royal Caribbean Cruises from $410.00 to $415.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Weiss Ratings cut shares of Royal Caribbean Cruises from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, September 3rd. Susquehanna increased their price objective on shares of Royal Caribbean Cruises from $350.00 to $372.00 and gave the company a “positive” rating in a research note on Wednesday, July 29th. Finally, Zacks Research raised shares of Royal Caribbean Cruises from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, Royal Caribbean Cruises presently has a consensus rating of “Moderate Buy” and a consensus price target of $353.40.

About Royal Caribbean Cruises

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.