Van ECK Associates Corp Acquires 40,535 Shares of Royal Caribbean Cruises Ltd. $RCL

Van ECK Associates Corp raised its holdings in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 1,388.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 43,454 shares of the company’s stock after buying an additional 40,535 shares during the quarter. Van ECK Associates Corp’s holdings in Royal Caribbean Cruises were worth $13,798,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Capital International Investors increased its stake in shares of Royal Caribbean Cruises by 9.8% in the 4th quarter. Capital International Investors now owns 36,165,358 shares of the company’s stock valued at $10,088,156,000 after acquiring an additional 3,215,382 shares in the last quarter. BlackRock Inc. acquired a new stake in Royal Caribbean Cruises in the second quarter worth $6,549,422,000. Capital Research Global Investors increased its stake in Royal Caribbean Cruises by 4.8% in the fourth quarter. Capital Research Global Investors now owns 20,176,544 shares of the company’s stock valued at $5,627,669,000 after purchasing an additional 920,042 shares in the last quarter. State Street Corp raised its holdings in shares of Royal Caribbean Cruises by 0.8% during the third quarter. State Street Corp now owns 10,576,751 shares of the company’s stock valued at $3,433,052,000 after purchasing an additional 84,202 shares during the period. Finally, Geode Capital Management LLC raised its holdings in shares of Royal Caribbean Cruises by 2.3% during the fourth quarter. Geode Capital Management LLC now owns 7,054,191 shares of the company’s stock valued at $1,961,758,000 after purchasing an additional 155,491 shares during the period. 87.53% of the stock is currently owned by institutional investors.

Royal Caribbean Cruises Stock Down 3.9%

Shares of NYSE RCL opened at $268.39 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 50-day moving average price of $301.35 and a 200-day moving average price of $289.21. The stock has a market capitalization of $71.78 billion, a P/E ratio of 16.59, a P/E/G ratio of 0.95 and a beta of 1.77. Royal Caribbean Cruises Ltd. has a 1 year low of $232.10 and a 1 year high of $366.50.

Royal Caribbean Cruises (NYSE:RCL) last posted its earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $4.38 EPS. 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. On average, equities research analysts forecast that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on RCL shares. Loop Capital began coverage on shares of Royal Caribbean Cruises in a research report on Monday, June 1st. They set a “hold” rating and a $304.00 price objective on the stock. Wells Fargo & Company upped their price target on Royal Caribbean Cruises from $361.00 to $388.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Freedom Capital lowered Royal Caribbean Cruises from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 29th. William Blair reissued an “outperform” rating on shares of Royal Caribbean Cruises in a research note on Tuesday, July 28th. Finally, Truist Financial reduced their price objective on Royal Caribbean Cruises from $318.00 to $297.00 and set a “hold” rating for the company in a research note on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $353.40.

Insider Buying and Selling at Royal Caribbean Cruises

In related news, CEO Michael W. Bayley sold 12,811 shares of Royal Caribbean Cruises 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 transaction, the chief executive officer owned 45,297 shares of the company’s stock, 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 filing with the Securities & Exchange Commission, which is available at this link. 6.44% of the stock is owned by corporate insiders.

Royal Caribbean Cruises 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.