Connor Clark & Lunn Investment Management Ltd. Makes New Investment in Royal Caribbean Cruises Ltd. $RCL

Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) in the 2nd quarter, Holdings Channel reports. The fund purchased 17,928 shares of the company’s stock, valued at approximately $5,693,000.

A number of other large investors have also recently added to or reduced their stakes in the company. Montag A & Associates Inc. raised its holdings in shares of Royal Caribbean Cruises by 184.4% in the 4th quarter. Montag A & Associates Inc. now owns 91 shares of the company’s stock valued at $25,000 after purchasing an additional 59 shares during the period. Bell Investment Advisors Inc bought a new position in Royal Caribbean Cruises during the second quarter worth about $29,000. Ares Financial Consulting LLC bought a new position in Royal Caribbean Cruises during the fourth quarter worth about $26,000. University of Texas Texas AM Investment Management Co. acquired a new position in Royal Caribbean Cruises during the fourth quarter worth approximately $26,000. Finally, Cape Investment Advisory Inc. acquired a new position in Royal Caribbean Cruises during the second quarter worth approximately $30,000. Institutional investors and hedge funds own 87.53% of the company’s stock.

Insider Buying and Selling at Royal Caribbean Cruises

In related 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 value of $4,048,147.89. Following the completion of the sale, the chief executive officer directly owned 45,297 shares in the company, valued at approximately $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 SEC, which is accessible through this link. Insiders own 6.44% of the company’s stock.

Royal Caribbean Cruises Stock Down 1.9%

Royal Caribbean Cruises stock opened at $284.62 on Friday. The company’s 50-day moving average price is $302.83 and its two-hundred day moving average price is $290.25. The company has a quick ratio of 0.19, a current ratio of 0.21 and a debt-to-equity ratio of 2.03. The stock has a market cap of $76.12 billion, a P/E ratio of 17.59, a P/E/G ratio of 0.99 and a beta of 1.77. Royal Caribbean Cruises Ltd. has a twelve month low of $232.10 and a twelve month high of $366.50.

Royal Caribbean Cruises (NYSE:RCL) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $4.83 billion during the quarter, compared to analysts’ expectations of $4.82 billion. During the same quarter in the previous year, the company posted $4.38 earnings per share. The business’s 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, analysts expect that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current year.

Analyst Ratings Changes

A number of research firms have recently issued reports on RCL. Loop Capital initiated coverage on Royal Caribbean Cruises in a research report on Monday, June 1st. They issued a “hold” rating and a $304.00 price objective for the company. Morgan Stanley increased their price target on Royal Caribbean Cruises from $280.00 to $300.00 and gave the company an “equal weight” rating in a research note on Thursday, July 30th. Mizuho set a $380.00 price target on Royal Caribbean Cruises in a report on Friday, May 1st. Truist Financial reduced their price objective on shares of Royal Caribbean Cruises from $318.00 to $297.00 and set a “hold” rating for the company in a research report on Friday, May 22nd. Finally, Freedom Capital downgraded shares of Royal Caribbean Cruises from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $353.40.

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.