NatWest Group plc Takes $10.55 Million Position in Royal Caribbean Cruises Ltd. $RCL

NatWest Group plc acquired a new stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 33,674 shares of the company’s stock, valued at approximately $10,545,000. Royal Caribbean Cruises makes up about 3.1% of NatWest Group plc’s holdings, making the stock its 16th biggest position.

Other institutional investors have also modified their holdings of the company. Revisor Wealth Management LLC acquired a new stake in shares of Royal Caribbean Cruises in the first quarter valued at $1,525,000. Florida Financial Advisors LLC boosted its holdings in Royal Caribbean Cruises by 87.6% in the first quarter. Florida Financial Advisors LLC now owns 1,957 shares of the company’s stock valued at $402,000 after purchasing an additional 914 shares during the period. Roberts Capital Advisors LLC purchased a new position in Royal Caribbean Cruises in the first quarter valued at $572,000. Vanguard Group Inc. boosted its holdings in Royal Caribbean Cruises by 2.1% in the first quarter. Vanguard Group Inc. now owns 28,674,763 shares of the company’s stock valued at $5,890,943,000 after purchasing an additional 602,447 shares during the period. Finally, Cullen Frost Bankers Inc. boosted its holdings in Royal Caribbean Cruises by 7,890.2% in the first quarter. Cullen Frost Bankers Inc. now owns 36,675 shares of the company’s stock valued at $7,535,000 after purchasing an additional 36,216 shares during the period. 87.53% of the stock is owned by institutional investors and hedge funds.

Royal Caribbean Cruises Stock Down 0.1%

Royal Caribbean Cruises stock opened at $316.59 on Friday. Royal Caribbean Cruises Ltd. has a fifty-two week low of $164.01 and a fifty-two week high of $366.50. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.21 and a current ratio of 0.23. The company has a market capitalization of $85.99 billion, a P/E ratio of 23.73, a PEG ratio of 0.95 and a beta of 2.08. The stock has a 50-day simple moving average of $329.49 and a 200-day simple moving average of $292.37.

Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $4.38 EPS for the quarter, beating the consensus estimate of $4.04 by $0.34. The firm had revenue of $4.54 billion during the quarter, compared to the consensus estimate of $4.54 billion. Royal Caribbean Cruises had a return on equity of 47.15% and a net margin of 20.97%.The firm’s revenue was up 10.4% compared to the same quarter last year. During the same period in the prior year, the business earned $3.21 EPS. Royal Caribbean Cruises has set its FY 2025 guidance at 15.410-15.550 EPS. Q3 2025 guidance at 5.550-5.650 EPS. Equities research analysts expect that Royal Caribbean Cruises Ltd. will post 14.9 earnings per share for the current year.

Royal Caribbean Cruises Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 13th. Shareholders of record on Thursday, September 25th were paid a dividend of $1.00 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $4.00 annualized dividend and a yield of 1.3%. This is a boost from Royal Caribbean Cruises’s previous quarterly dividend of $0.75. Royal Caribbean Cruises’s dividend payout ratio (DPR) is currently 29.99%.

Insider Buying and Selling at Royal Caribbean Cruises

In other Royal Caribbean Cruises news, Director Richard D. Fain sold 16,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $311.02, for a total transaction of $4,976,320.00. Following the transaction, the director owned 150,291 shares in the company, valued at approximately $46,743,506.82. The trade was a 9.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Henry L. Pujol sold 5,207 shares of the business’s stock in a transaction that occurred on Wednesday, July 30th. The stock was sold at an average price of $329.47, for a total value of $1,715,550.29. Following the transaction, the chief accounting officer owned 7,826 shares in the company, valued at $2,578,432.22. The trade was a 39.95% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 31,507 shares of company stock valued at $10,091,282 in the last ninety days. Insiders own 6.95% of the company’s stock.

Analysts Set New Price Targets

RCL has been the subject of a number of recent research reports. Mizuho decreased their target price on Royal Caribbean Cruises from $372.00 to $362.00 and set an “outperform” rating for the company in a report on Monday. Truist Financial decreased their target price on Royal Caribbean Cruises from $337.00 to $333.00 and set a “hold” rating for the company in a report on Friday, September 19th. William Blair reiterated an “outperform” rating on shares of Royal Caribbean Cruises in a report on Wednesday, July 23rd. Barclays lifted their price target on Royal Caribbean Cruises from $263.00 to $358.00 and gave the stock an “overweight” rating in a report on Wednesday, July 9th. Finally, JPMorgan Chase & Co. lifted their price target on Royal Caribbean Cruises from $302.00 to $367.00 and gave the stock an “overweight” rating in a report on Wednesday, July 30th. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $332.14.

Royal Caribbean Cruises Company 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.