Assetmark Inc. Buys 46,192 Shares of Royal Caribbean Cruises Ltd. $RCL

Assetmark Inc. lifted its stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 11.5% in the first quarter, HoldingsChannel reports. The institutional investor owned 448,078 shares of the company’s stock after buying an additional 46,192 shares during the quarter. Assetmark Inc.’s holdings in Royal Caribbean Cruises were worth $123,302,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Danske Bank A S acquired a new position in Royal Caribbean Cruises in the third quarter valued at about $48,063,000. Dougherty & Associates LLC bought a new stake in shares of Royal Caribbean Cruises in the 4th quarter valued at about $10,827,000. TD Asset Management Inc raised its position in shares of Royal Caribbean Cruises by 29.7% in the 4th quarter. TD Asset Management Inc now owns 877,659 shares of the company’s stock valued at $244,797,000 after acquiring an additional 201,014 shares during the period. North Dakota State Investment Board bought a new position in Royal Caribbean Cruises during the 4th quarter worth approximately $2,424,000. Finally, Stanley Laman Group Ltd. acquired a new position in Royal Caribbean Cruises during the fourth quarter valued at approximately $2,159,000. Institutional investors and hedge funds own 87.53% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on RCL shares. Wells Fargo & Company increased their target price on shares of Royal Caribbean Cruises from $360.00 to $361.00 and gave the stock an “overweight” rating in a report on Monday, June 22nd. Zacks Research upgraded Royal Caribbean Cruises from a “strong sell” rating to a “hold” rating in a report on Thursday, June 18th. Freedom Capital upgraded Royal Caribbean Cruises to a “strong-buy” rating in a report on Wednesday, June 3rd. Stifel Nicolaus set a $410.00 price objective on Royal Caribbean Cruises in a report on Friday, May 1st. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Royal Caribbean Cruises in a research note on Thursday, June 18th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $346.80.

Royal Caribbean Cruises Stock Up 0.8%

RCL stock opened at $294.45 on Friday. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.20 and a quick ratio of 0.17. The stock has a market capitalization of $78.97 billion, a P/E ratio of 17.97, a P/E/G ratio of 1.02 and a beta of 1.76. The business has a 50-day moving average of $286.66 and a 200-day moving average of $288.91. Royal Caribbean Cruises Ltd. has a fifty-two week low of $232.10 and a fifty-two week high of $366.50.

Royal Caribbean Cruises (NYSE:RCL) last announced its earnings results on Thursday, April 30th. The company reported $3.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.20 by $0.40. The business had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.46 billion. Royal Caribbean Cruises had a return on equity of 45.25% and a net margin of 24.36%.Royal Caribbean Cruises’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter last year, the firm earned $2.71 EPS. Royal Caribbean Cruises has set its Q2 2026 guidance at 3.830-3.930 EPS and its FY 2026 guidance at 17.100-17.500 EPS. On average, sell-side analysts anticipate that Royal Caribbean Cruises Ltd. will post 17.3 earnings per share for the current fiscal year.

Royal Caribbean Cruises Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Wednesday, June 3rd were issued a $1.50 dividend. The ex-dividend date was Wednesday, June 3rd. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.0%. Royal Caribbean Cruises’s dividend payout ratio (DPR) is 36.61%.

Royal Caribbean Cruises Company Profile

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.