Public Employees Retirement System of Ohio Purchases New Position in Royal Caribbean Cruises Ltd. $RCL

Public Employees Retirement System of Ohio acquired a new stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 73,946 shares of the company’s stock, valued at approximately $23,480,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of RCL. MASTERINVEST Kapitalanlage GmbH acquired a new stake in shares of Royal Caribbean Cruises in the second quarter valued at about $4,933,000. Proficio Capital Partners LLC purchased a new stake in shares of Royal Caribbean Cruises during the 2nd quarter valued at about $650,000. Pure Financial Advisors LLC acquired a new position in Royal Caribbean Cruises during the 2nd quarter worth approximately $232,000. Transamerica Financial Advisors LLC acquired a new position in Royal Caribbean Cruises during the 2nd quarter worth approximately $487,000. Finally, Corient Private Wealth LP acquired a new position in Royal Caribbean Cruises during the 2nd quarter worth approximately $15,881,000. Institutional investors and hedge funds own 87.53% of the company’s stock.

Insider Buying and Selling at Royal Caribbean Cruises

In other news, CEO Michael W. Bayley sold 12,811 shares of the company’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $315.99, for a total value of $4,048,147.89. Following the sale, the chief executive officer owned 45,297 shares in the company, valued at approximately $14,313,399.03. This represents a 22.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 6.44% of the company’s stock.

Royal Caribbean Cruises Price Performance

Shares of NYSE RCL opened at $279.93 on Friday. The company has a quick ratio of 0.19, a current ratio of 0.21 and a debt-to-equity ratio of 2.03. Royal Caribbean Cruises Ltd. has a fifty-two week low of $232.10 and a fifty-two week high of $366.50. The business has a 50 day moving average price of $302.18 and a two-hundred day moving average price of $290.18. The firm has a market cap of $74.87 billion, a PE ratio of 17.30, a price-to-earnings-growth ratio of 0.95 and a beta of 1.77.

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

Analysts Set New Price Targets

RCL has been the subject of several recent research reports. BMO Capital Markets started coverage on shares of Royal Caribbean Cruises in a research report on Tuesday, July 7th. They issued an “outperform” rating and a $370.00 price objective for the company. Susquehanna boosted their target price 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. Stifel Nicolaus upped their target price on shares of Royal Caribbean Cruises from $410.00 to $415.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Zacks Research upgraded shares of Royal Caribbean Cruises from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 18th. Finally, Citigroup lifted their price target 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. One equities research 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. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $353.40.

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.