Vanguard Personalized Indexing Management LLC Has $12.45 Million Holdings in Royal Caribbean Cruises Ltd. $RCL

Vanguard Personalized Indexing Management LLC increased its stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 12.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,766 shares of the company’s stock after buying an additional 4,558 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Royal Caribbean Cruises were worth $12,453,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. CX Institutional lifted its holdings in Royal Caribbean Cruises by 1.4% during the 2nd quarter. CX Institutional now owns 2,423 shares of the company’s stock valued at $759,000 after purchasing an additional 34 shares during the last quarter. Tritonpoint Wealth LLC lifted its holdings in Royal Caribbean Cruises by 0.8% during the 2nd quarter. Tritonpoint Wealth LLC now owns 4,531 shares of the company’s stock valued at $1,422,000 after purchasing an additional 38 shares during the last quarter. Valeo Financial Advisors LLC lifted its holdings in Royal Caribbean Cruises by 1.0% during the 2nd quarter. Valeo Financial Advisors LLC now owns 3,823 shares of the company’s stock valued at $1,197,000 after purchasing an additional 39 shares during the last quarter. Fulton Bank N.A. lifted its holdings in Royal Caribbean Cruises by 0.8% during the 2nd quarter. Fulton Bank N.A. now owns 5,023 shares of the company’s stock valued at $1,573,000 after purchasing an additional 41 shares during the last quarter. Finally, Ignite Planners LLC lifted its holdings in Royal Caribbean Cruises by 2.7% during the 2nd quarter. Ignite Planners LLC now owns 1,614 shares of the company’s stock valued at $505,000 after purchasing an additional 43 shares during the last quarter. Institutional investors and hedge funds own 87.53% of the company’s stock.

Insider Buying and Selling

In related news, Director Vagn O. Sorensen sold 10,300 shares of the firm’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $330.04, for a total value of $3,399,412.00. Following the transaction, the director owned 16,407 shares in the company, valued at approximately $5,414,966.28. This trade represents a 38.57% 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. Also, Director Richard D. Fain sold 16,000 shares of the firm’s stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $311.02, for a total value of $4,976,320.00. Following the completion of the transaction, the director owned 150,291 shares in the company, valued at $46,743,506.82. The trade was a 9.62% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 31,507 shares of company stock worth $10,091,282. Company insiders own 6.95% of the company’s stock.

Royal Caribbean Cruises Stock Down 0.8%

Shares of NYSE RCL opened at $304.66 on Monday. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.21 and a current ratio of 0.23. Royal Caribbean Cruises Ltd. has a 52 week low of $164.01 and a 52 week high of $366.50. The stock has a market capitalization of $82.75 billion, a P/E ratio of 22.84, a PEG ratio of 0.86 and a beta of 2.08. The stock’s fifty day moving average is $329.61 and its 200 day moving average is $285.66.

Royal Caribbean Cruises (NYSE:RCL) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $4.38 EPS for the quarter, topping analysts’ consensus estimates of $4.04 by $0.34. Royal Caribbean Cruises had a return on equity of 47.15% and a net margin of 20.97%.The company had revenue of $4.54 billion for the quarter, compared to analysts’ expectations of $4.54 billion. During the same quarter last year, the business earned $3.21 earnings per share. Royal Caribbean Cruises’s revenue was up 10.4% on a year-over-year basis. Royal Caribbean Cruises has set its FY 2025 guidance at 15.410-15.550 EPS. Q3 2025 guidance at 5.550-5.650 EPS. Sell-side analysts forecast that Royal Caribbean Cruises Ltd. will post 14.9 earnings per share for the current fiscal year.

Royal Caribbean Cruises Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, October 13th. Investors of record on Thursday, September 25th will be given a $1.00 dividend. The ex-dividend date is Thursday, September 25th. This is an increase from Royal Caribbean Cruises’s previous quarterly dividend of $0.75. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.3%. Royal Caribbean Cruises’s dividend payout ratio (DPR) is 29.99%.

Wall Street Analyst Weigh In

RCL has been the subject of several research reports. JPMorgan Chase & Co. raised their price target on Royal Caribbean Cruises from $302.00 to $367.00 and gave the company an “overweight” rating in a report on Wednesday, July 30th. Susquehanna reiterated a “positive” rating and set a $385.00 price objective (up previously from $275.00) on shares of Royal Caribbean Cruises in a research report on Wednesday, July 30th. Tigress Financial increased their price objective on Royal Caribbean Cruises from $330.00 to $415.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Truist Financial lowered their price objective on Royal Caribbean Cruises from $337.00 to $333.00 and set a “hold” rating on the stock in a research report on Friday, September 19th. Finally, Stifel Nicolaus increased their price objective on Royal Caribbean Cruises from $400.00 to $420.00 and gave the stock a “buy” rating in a research report on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $326.95.

Royal Caribbean Cruises Profile

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of February 21, 2024, it operated 65 ships. Royal Caribbean Cruises Ltd.