Wiser Advisor Group LLC Has $643,000 Position in Royal Caribbean Cruises Ltd. $RCL

Wiser Advisor Group LLC reduced its stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 17.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,052 shares of the company’s stock after selling 425 shares during the quarter. Royal Caribbean Cruises accounts for 1.1% of Wiser Advisor Group LLC’s holdings, making the stock its 29th biggest holding. Wiser Advisor Group LLC’s holdings in Royal Caribbean Cruises were worth $643,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Opal Wealth Advisors LLC acquired a new stake in Royal Caribbean Cruises during the second quarter worth about $27,000. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of Royal Caribbean Cruises during the 2nd quarter worth approximately $31,000. 1 North Wealth Services LLC acquired a new stake in shares of Royal Caribbean Cruises during the 2nd quarter worth approximately $31,000. Trust Co. of Toledo NA OH bought a new position in Royal Caribbean Cruises in the second quarter valued at approximately $32,000. Finally, SouthState Corp acquired a new position in Royal Caribbean Cruises during the first quarter valued at approximately $39,000. Institutional investors own 87.53% of the company’s stock.

Royal Caribbean Cruises Stock Performance

Shares of Royal Caribbean Cruises stock opened at $255.43 on Friday. The stock has a market cap of $69.66 billion, a price-to-earnings ratio of 17.18, a P/E/G ratio of 0.84 and a beta of 2.04. Royal Caribbean Cruises Ltd. has a twelve month low of $164.01 and a twelve month high of $366.50. The company’s fifty day moving average is $308.26 and its 200 day moving average is $300.29. The company has a quick ratio of 0.21, a current ratio of 0.16 and a debt-to-equity ratio of 1.67.

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

Royal Caribbean Cruises Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, October 13th. Investors of record on Thursday, September 25th were issued a $1.00 dividend. The ex-dividend date was Thursday, September 25th. This is a positive change from Royal Caribbean Cruises’s previous quarterly dividend of $0.75. This represents a $4.00 annualized dividend and a yield of 1.6%. Royal Caribbean Cruises’s dividend payout ratio (DPR) is presently 26.90%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on RCL shares. Barclays reduced their target price on Royal Caribbean Cruises from $358.00 to $342.00 and set an “overweight” rating on the stock in a report on Wednesday, October 29th. Tigress Financial boosted their target price on Royal Caribbean Cruises from $330.00 to $415.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Mizuho dropped their target price on shares of Royal Caribbean Cruises from $372.00 to $362.00 and set an “outperform” rating for the company in a report on Monday, October 20th. Wall Street Zen lowered shares of Royal Caribbean Cruises from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. Finally, Citigroup lowered their price objective on shares of Royal Caribbean Cruises from $399.00 to $336.00 and set a “buy” rating for the company in a research report on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Royal Caribbean Cruises presently has a consensus rating of “Moderate Buy” and an average price target of $324.64.

Insider Transactions at Royal Caribbean Cruises

In related news, Director Maritza Gomez Montiel sold 1,100 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $281.76, for a total transaction of $309,936.00. Following the sale, the director owned 14,234 shares in the company, valued at $4,010,571.84. This represents a 7.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Vagn O. Sorensen sold 10,300 shares of the business’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $330.04, for a total transaction of $3,399,412.00. Following the transaction, the director owned 16,407 shares in the company, valued at $5,414,966.28. The trade was a 38.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 6.95% of the stock is owned by insiders.

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.