OMERS ADMINISTRATION Corp Makes New Investment in Royal Caribbean Cruises Ltd. $RCL

OMERS ADMINISTRATION Corp purchased a new position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 21,499 shares of the company’s stock, valued at approximately $6,827,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in RCL. Brighton Jones LLC lifted its position in shares of Royal Caribbean Cruises by 12.2% in the fourth quarter. Brighton Jones LLC now owns 1,312 shares of the company’s stock worth $303,000 after purchasing an additional 143 shares in the last quarter. Woodline Partners LP grew its position in Royal Caribbean Cruises by 40.8% in the first quarter. Woodline Partners LP now owns 20,918 shares of the company’s stock valued at $4,297,000 after purchasing an additional 6,063 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new position in Royal Caribbean Cruises in the second quarter valued at $1,762,000. Baird Financial Group Inc. increased its stake in Royal Caribbean Cruises by 5.4% in the 2nd quarter. Baird Financial Group Inc. now owns 4,772 shares of the company’s stock valued at $1,494,000 after buying an additional 243 shares during the last quarter. Finally, Brown Advisory Inc. acquired a new stake in Royal Caribbean Cruises in the 2nd quarter valued at $357,000. 87.53% of the stock is currently owned by institutional investors and hedge funds.

Royal Caribbean Cruises Stock Up 0.5%

RCL stock opened at $293.34 on Tuesday. Royal Caribbean Cruises Ltd. has a 1-year low of $232.10 and a 1-year high of $366.50. The business’s 50 day simple moving average is $304.02 and its 200 day simple moving average is $291.20. The company has a current ratio of 0.21, a quick ratio of 0.19 and a debt-to-equity ratio of 2.03. The firm has a market capitalization of $78.45 billion, a PE ratio of 18.13, a PEG ratio of 1.00 and a beta of 1.77.

Royal Caribbean Cruises (NYSE:RCL) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.98 by $0.23. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.The business had revenue of $4.83 billion during the quarter, compared to the consensus estimate of $4.82 billion. During the same quarter last year, the firm posted $4.38 EPS. The company’s quarterly revenue was up 6.5% on a year-over-year basis. 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. As a group, research analysts anticipate that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on RCL. Citigroup increased their price objective on shares of Royal Caribbean Cruises from $327.00 to $362.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Morgan Stanley lifted their target price on Royal Caribbean Cruises from $280.00 to $300.00 and gave the company an “equal weight” rating in a research report on Thursday, July 30th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Royal Caribbean Cruises in a report on Thursday, June 18th. Susquehanna increased their price target on Royal Caribbean Cruises from $350.00 to $372.00 and gave the company a “positive” rating in a research report on Wednesday, July 29th. Finally, Loop Capital started coverage on Royal Caribbean Cruises in a research note on Monday, June 1st. They issued a “hold” rating and a $304.00 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 issued a Hold rating to the company. Based on data from MarketBeat.com, Royal Caribbean Cruises currently has an average rating of “Moderate Buy” and an average price target of $353.40.

Insider Activity

In other news, CEO Michael W. Bayley sold 12,811 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The shares were 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 approximately $14,313,399.03. This trade represents a 22.05% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 6.44% of the company’s stock.

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.