Freestone Grove Partners LP Makes New Investment in Royal Caribbean Cruises Ltd. $RCL

Freestone Grove Partners LP acquired a new stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 85,553 shares of the company’s stock, valued at approximately $27,166,000.

Several other hedge funds and other institutional investors have also modified their holdings of RCL. Caisse de depot et placement du Quebec bought a new stake in Royal Caribbean Cruises in the 2nd quarter valued at $5,213,000. Man Group plc bought a new stake in shares of Royal Caribbean Cruises in the second quarter valued at about $10,556,000. Invst LLC acquired a new stake in Royal Caribbean Cruises during the second quarter worth about $201,000. Jupiter Topco LLC acquired a new stake in Royal Caribbean Cruises during the second quarter worth about $597,350,000. Finally, Wedbush Fund Advisers LLC increased its position in shares of Royal Caribbean Cruises by 182.9% during the second quarter. Wedbush Fund Advisers LLC now owns 116 shares of the company’s stock valued at $37,000 after purchasing an additional 75 shares during the period. Institutional investors and hedge funds own 87.53% of the company’s stock.

Insider Activity at Royal Caribbean Cruises

In other news, CEO Michael W. 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 sale, the chief executive officer owned 45,297 shares in the company, 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. Insiders own 6.44% of the company’s stock.

Royal Caribbean Cruises Stock Performance

NYSE:RCL opened at $284.62 on Friday. The stock has a market capitalization of $76.12 billion, a P/E ratio of 17.59, a price-to-earnings-growth ratio of 0.99 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 1 year low of $232.10 and a 1 year high of $366.50. The firm has a 50 day moving average of $302.83 and a 200-day moving average of $290.25.

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 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 business had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.82 billion. During the same period in the prior year, the company earned $4.38 EPS. Royal Caribbean Cruises’s revenue for the quarter 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, sell-side analysts anticipate that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current fiscal year.

Analyst Ratings Changes

RCL has been the subject of a number of analyst reports. Susquehanna raised their price objective on shares of Royal Caribbean Cruises from $350.00 to $372.00 and gave the stock a “positive” rating in a report on Wednesday, July 29th. Barclays dropped their price target on shares of Royal Caribbean Cruises from $351.00 to $340.00 and set an “overweight” rating for the company in a research report on Friday, May 1st. TD Cowen cut their price target on shares of Royal Caribbean Cruises from $350.00 to $337.00 and set a “buy” rating for the company in a research note on Friday, May 15th. Freedom Capital lowered Royal Caribbean Cruises from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 29th. Finally, William Blair reissued an “outperform” rating on shares of Royal Caribbean Cruises in a report on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Royal Caribbean Cruises currently has a consensus rating of “Moderate Buy” and an average price target of $353.40.

Royal Caribbean Cruises 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.