Integrity Alliance LLC. Has $258,000 Stake in Royal Caribbean Cruises Ltd. $RCL

Integrity Alliance LLC. reduced its position in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 26.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 823 shares of the company’s stock after selling 296 shares during the period. Integrity Alliance LLC.’s holdings in Royal Caribbean Cruises were worth $258,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Financial Gravity Asset Management Inc. bought a new position in Royal Caribbean Cruises during the 1st quarter valued at $25,000. Hughes Financial Services LLC bought a new stake in shares of Royal Caribbean Cruises during the 1st quarter worth $26,000. Opal Wealth Advisors LLC bought a new stake in Royal Caribbean Cruises in the 2nd quarter valued at about $27,000. Optimum Investment Advisors bought a new stake in Royal Caribbean Cruises in the 1st quarter valued at about $31,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new stake in Royal Caribbean Cruises in the 2nd quarter valued at about $31,000. 87.53% of the stock is currently owned by institutional investors.

Royal Caribbean Cruises Trading Up 0.7%

Royal Caribbean Cruises stock opened at $286.65 on Monday. The stock has a market capitalization of $77.86 billion, a PE ratio of 19.28, a price-to-earnings-growth ratio of 0.84 and a beta of 2.08. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.16 and a quick ratio of 0.21. The business’s fifty day moving average is $325.66 and its 200 day moving average is $297.88. Royal Caribbean Cruises Ltd. has a one year low of $164.01 and a one year high of $366.50.

Royal Caribbean Cruises (NYSE:RCL) last announced its earnings results on Tuesday, October 28th. The company reported $5.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.68 by $0.07. Royal Caribbean Cruises had a return on equity of 44.68% and a net margin of 23.33%.The business had revenue of $5.14 billion for the quarter, compared to analysts’ expectations of $5.16 billion. During the same period last year, the firm posted $5.20 earnings per share. The business’s revenue for the quarter was up 5.2% on a year-over-year basis. Royal Caribbean Cruises has set its FY 2025 guidance at 15.580-15.630 EPS. Q4 2025 guidance at 2.740-2.790 EPS. On average, sell-side analysts predict that Royal Caribbean Cruises Ltd. will post 14.9 EPS for the current year.

Royal Caribbean Cruises Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, October 13th. Investors of record on Thursday, September 25th were paid a dividend of $1.00 per share. This is a boost from Royal Caribbean Cruises’s previous quarterly dividend of $0.75. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $4.00 annualized dividend and a yield of 1.4%. Royal Caribbean Cruises’s dividend payout ratio is 26.90%.

Analyst Ratings Changes

A number of research firms have weighed in on RCL. Citigroup reduced their target price on Royal Caribbean Cruises from $399.00 to $336.00 and set a “buy” rating for the company in a report on Wednesday. Royal Bank Of Canada set a $360.00 target price on Royal Caribbean Cruises in a research note on Friday. JPMorgan Chase & Co. cut their target price on Royal Caribbean Cruises from $367.00 to $357.00 and set an “overweight” rating for the company in a research note on Wednesday, October 29th. Tigress Financial increased their price objective on Royal Caribbean Cruises from $330.00 to $415.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Finally, TD Cowen started coverage on Royal Caribbean Cruises in a research note on Tuesday, July 22nd. They set a “buy” rating and a $405.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $326.86.

Insider Buying and Selling

In other Royal Caribbean Cruises news, Director Richard D. Fain sold 16,000 shares of Royal Caribbean Cruises stock in a transaction that occurred 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 sale, the director owned 150,291 shares of the company’s stock, valued at $46,743,506.82. The trade was a 9.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Vagn O. Sorensen sold 10,300 shares of Royal Caribbean Cruises stock in a transaction that occurred 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 completion of the transaction, the director owned 16,407 shares of the company’s stock, valued at approximately $5,414,966.28. This trade represents a 38.57% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 6.95% of the company’s stock.

About Royal Caribbean Cruises

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.