Perigon Wealth Management LLC Makes New $1.47 Million Investment in Royal Caribbean Cruises Ltd. $RCL

Perigon Wealth Management LLC acquired a new stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 4,630 shares of the company’s stock, valued at approximately $1,470,000.

A number of other institutional investors have also made changes to their positions in RCL. Montag A & Associates Inc. grew its position in Royal Caribbean Cruises by 184.4% in the fourth quarter. Montag A & Associates Inc. now owns 91 shares of the company’s stock valued at $25,000 after purchasing an additional 59 shares in the last quarter. Bell Investment Advisors Inc bought a new stake in Royal Caribbean Cruises during the 2nd quarter worth about $29,000. Ares Financial Consulting LLC acquired a new position in shares of Royal Caribbean Cruises during the 4th quarter worth about $26,000. University of Texas Texas AM Investment Management Co. acquired a new position in shares of Royal Caribbean Cruises during the 4th quarter worth about $26,000. Finally, Cape Investment Advisory Inc. bought a new position in shares of Royal Caribbean Cruises in the 2nd quarter valued at about $30,000. Institutional investors own 87.53% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft set a $296.00 price target on Royal Caribbean Cruises in a research note on Friday, May 1st. Truist Financial cut their price objective on Royal Caribbean Cruises from $318.00 to $297.00 and set a “hold” rating for the company in a report on Friday, May 22nd. Loop Capital started coverage on shares of Royal Caribbean Cruises in a research note on Monday, June 1st. They issued a “hold” rating and a $304.00 target price for the company. Susquehanna upped their price target on shares of Royal Caribbean Cruises from $350.00 to $372.00 and gave the stock a “positive” rating in a research report on Wednesday, July 29th. Finally, BMO Capital Markets started coverage on shares of Royal Caribbean Cruises in a research note on Tuesday, July 7th. They issued an “outperform” rating and a $370.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, Royal Caribbean Cruises has an average rating of “Moderate Buy” and a consensus target price of $353.40.

Royal Caribbean Cruises Trading Down 0.9%

RCL stock opened at $302.31 on Tuesday. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.21 and a quick ratio of 0.19. The company has a fifty day moving average price of $303.45 and a two-hundred day moving average price of $292.24. Royal Caribbean Cruises Ltd. has a one year low of $232.10 and a one year high of $366.50. The stock has a market cap of $80.85 billion, a price-to-earnings ratio of 18.68, a price-to-earnings-growth ratio of 1.04 and a beta of 1.77.

Royal Caribbean Cruises (NYSE:RCL) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 earnings per share for the quarter, beating the consensus estimate of $3.98 by $0.23. The company had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.82 billion. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. The company’s revenue was up 6.5% on a year-over-year basis. During the same period in the prior year, the firm earned $4.38 earnings per share. Royal Caribbean Cruises has set its FY 2026 guidance at 17.730-17.870 EPS and its Q3 2026 guidance at 6.260-6.360 EPS. Equities analysts anticipate that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current year.

Insider Transactions at Royal Caribbean Cruises

In other news, CEO Michael W. Bayley sold 12,811 shares of the business’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $315.99, for a total transaction of $4,048,147.89. Following the completion of the sale, the chief executive officer owned 45,297 shares in the company, valued at $14,313,399.03. The trade was a 22.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 6.44% of the stock is owned by company insiders.

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.