Nisa Investment Advisors LLC Trims Stock Holdings in Royal Caribbean Cruises Ltd. $RCL

Nisa Investment Advisors LLC lessened its stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 6.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,400 shares of the company’s stock after selling 4,084 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Royal Caribbean Cruises were worth $19,277,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in RCL. Opal Wealth Advisors LLC acquired a new stake in Royal Caribbean Cruises in the 2nd quarter valued at approximately $27,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in Royal Caribbean Cruises during the 2nd quarter worth about $31,000. 1 North Wealth Services LLC acquired a new position in shares of Royal Caribbean Cruises during the second quarter worth about $31,000. Evolution Wealth Management Inc. purchased a new stake in shares of Royal Caribbean Cruises during the second quarter worth approximately $31,000. Finally, Trust Co. of Toledo NA OH purchased a new stake in shares of Royal Caribbean Cruises in the 2nd quarter valued at approximately $32,000. 87.53% of the stock is currently owned by institutional investors and hedge funds.

Royal Caribbean Cruises Trading Up 2.3%

Shares of RCL stock opened at $311.43 on Friday. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.16 and a quick ratio of 0.14. Royal Caribbean Cruises Ltd. has a 1-year low of $164.01 and a 1-year high of $366.50. The firm has a market capitalization of $84.93 billion, a PE ratio of 20.94, a P/E/G ratio of 0.80 and a beta of 1.94. The business’s fifty day moving average price is $272.63 and its 200 day moving average price is $307.39.

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

Royal Caribbean Cruises Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 14th. Stockholders of record on Friday, December 26th will be given a $1.00 dividend. The ex-dividend date is Friday, December 26th. 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 currently 26.90%.

Royal Caribbean Cruises declared that its board has authorized a stock repurchase program on Wednesday, December 10th that authorizes the company to buyback $2.00 billion in shares. This buyback authorization authorizes the company to reacquire up to 2.6% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

RCL has been the subject of a number of recent analyst reports. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Royal Caribbean Cruises in a report on Friday, October 31st. Wells Fargo & Company decreased their price objective on shares of Royal Caribbean Cruises from $320.00 to $316.00 and set an “overweight” rating for the company in a research note on Monday, December 1st. UBS Group cut their target price on Royal Caribbean Cruises from $353.00 to $304.00 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. Weiss Ratings reissued a “buy (b-)” rating on shares of Royal Caribbean Cruises in a report on Friday, December 26th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Royal Caribbean Cruises from $367.00 to $357.00 and set an “overweight” rating on the stock 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 assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $324.82.

Insiders Place Their Bets

In other Royal Caribbean Cruises news, Director Maritza Gomez Montiel sold 1,100 shares of Royal Caribbean Cruises stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $281.76, for a total transaction of $309,936.00. Following the completion of the transaction, the director owned 14,234 shares in the company, valued at approximately $4,010,571.84. The trade was a 7.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 6.95% of the company’s stock.

About Royal Caribbean Cruises

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.