Principal Financial Group Inc. Purchases 4,840 Shares of Royal Caribbean Cruises Ltd. $RCL

Principal Financial Group Inc. raised its position in Royal Caribbean Cruises Ltd. (NYSE:RCLFree Report) by 1.7% during the 1st quarter, HoldingsChannel.com reports. The firm owned 292,729 shares of the company’s stock after purchasing an additional 4,840 shares during the period. Principal Financial Group Inc.’s holdings in Royal Caribbean Cruises were worth $80,553,000 as of its most recent SEC filing.

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

Royal Caribbean Cruises Stock Performance

RCL opened at $294.45 on Friday. The business’s 50-day simple moving average is $286.66 and its 200 day simple moving average is $288.91. Royal Caribbean Cruises Ltd. has a 52-week low of $232.10 and a 52-week high of $366.50. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.17 and a current ratio of 0.20. The firm has a market capitalization of $78.97 billion, a PE ratio of 17.97, a PEG ratio of 1.02 and a beta of 1.76.

Royal Caribbean Cruises (NYSE:RCLGet Free Report) last posted its quarterly earnings results on Thursday, April 30th. The company reported $3.60 earnings per share for the quarter, beating analysts’ consensus estimates of $3.20 by $0.40. The firm had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.46 billion. Royal Caribbean Cruises had a return on equity of 45.25% and a net margin of 24.36%.The business’s revenue was up 11.3% compared to the same quarter last year. During the same period last year, the company earned $2.71 earnings per share. 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. As a group, sell-side analysts expect that Royal Caribbean Cruises Ltd. will post 17.3 earnings per share for the current fiscal year.

Royal Caribbean Cruises Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Wednesday, June 3rd were paid a $1.50 dividend. The ex-dividend date of this dividend was Wednesday, June 3rd. This represents a $6.00 annualized dividend and a dividend yield of 2.0%. Royal Caribbean Cruises’s dividend payout ratio (DPR) is currently 36.61%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on RCL. Stifel Nicolaus set a $410.00 price target on Royal Caribbean Cruises in a research report on Friday, May 1st. BMO Capital Markets began coverage on shares of Royal Caribbean Cruises in a research report on Tuesday, July 7th. They issued an “outperform” rating and a $370.00 price objective on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Royal Caribbean Cruises in a research report on Thursday, June 18th. Truist Financial reduced their target price 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. Finally, Freedom Capital raised shares of Royal Caribbean Cruises to a “strong-buy” rating in a research report on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, Royal Caribbean Cruises presently has an average rating of “Moderate Buy” and an average target price of $346.80.

Read Our Latest Report on Royal Caribbean Cruises

Royal Caribbean Cruises Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Royal Caribbean Cruises (NYSE:RCL)

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