Sterling Capital Management LLC Has $3.02 Million Stock Holdings in Royal Caribbean Cruises Ltd. $RCL

Sterling Capital Management LLC trimmed its position in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 27.2% during the first quarter, HoldingsChannel.com reports. The fund owned 10,984 shares of the company’s stock after selling 4,110 shares during the quarter. Sterling Capital Management LLC’s holdings in Royal Caribbean Cruises were worth $3,023,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Pinnacle Wealth Management Advisory Group LLC lifted its stake in Royal Caribbean Cruises by 1.2% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,485 shares of the company’s stock worth $693,000 after purchasing an additional 30 shares during the last quarter. AlphaStar Capital Management LLC increased its stake in shares of Royal Caribbean Cruises by 4.1% in the 4th quarter. AlphaStar Capital Management LLC now owns 779 shares of the company’s stock valued at $217,000 after purchasing an additional 31 shares during the last quarter. Kestra Investment Management LLC raised its holdings in shares of Royal Caribbean Cruises by 2.6% during the 4th quarter. Kestra Investment Management LLC now owns 1,208 shares of the company’s stock worth $337,000 after buying an additional 31 shares in the last quarter. Waterloo Capital L.P. raised its holdings in shares of Royal Caribbean Cruises by 2.9% during the 4th quarter. Waterloo Capital L.P. now owns 1,191 shares of the company’s stock worth $332,000 after buying an additional 34 shares in the last quarter. Finally, REAP Financial Group LLC lifted its position in shares of Royal Caribbean Cruises by 16.8% during the 4th quarter. REAP Financial Group LLC now owns 243 shares of the company’s stock worth $68,000 after buying an additional 35 shares during the last quarter. 87.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

RCL has been the topic of several research analyst reports. Citigroup raised their price objective on Royal Caribbean Cruises from $348.00 to $362.00 and gave the company a “buy” rating in a research note on Tuesday, June 16th. TD Cowen dropped their target price on shares of Royal Caribbean Cruises from $350.00 to $337.00 and set a “buy” rating for the company in a report on Friday, May 15th. Morgan Stanley reduced their price target on shares of Royal Caribbean Cruises from $310.00 to $280.00 and set an “equal weight” rating on the stock in a research note on Tuesday, May 26th. Deutsche Bank Aktiengesellschaft set a $296.00 price target on shares of Royal Caribbean Cruises in a report on Friday, May 1st. Finally, Zacks Research upgraded shares of Royal Caribbean Cruises from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Royal Caribbean Cruises has an average rating of “Moderate Buy” and a consensus price target of $345.58.

Royal Caribbean Cruises Trading Up 0.8%

NYSE RCL opened at $320.52 on Monday. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 1.96. Royal Caribbean Cruises Ltd. has a twelve month low of $232.10 and a twelve month high of $366.50. The company has a market cap of $85.96 billion, a price-to-earnings ratio of 19.56, a price-to-earnings-growth ratio of 1.11 and a beta of 1.77. The business’s fifty day moving average is $279.41 and its 200 day moving average is $287.82.

Royal Caribbean Cruises (NYSE:RCL) last issued its earnings results on Thursday, April 30th. The company reported $3.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.20 by $0.40. Royal Caribbean Cruises had a return on equity of 45.25% and a net margin of 24.36%.The business had revenue of $4.45 billion during the quarter, compared to analysts’ expectations of $4.46 billion. During the same quarter in the prior year, the firm earned $2.71 EPS. The business’s revenue for the quarter was up 11.3% compared to the same quarter last year. 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. As a group, sell-side analysts expect that Royal Caribbean Cruises Ltd. will post 17.27 EPS for the current fiscal year.

Royal Caribbean Cruises Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Wednesday, June 3rd will be issued a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Wednesday, June 3rd. Royal Caribbean Cruises’s payout ratio is 36.61%.

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.