Silvant Capital Management LLC Reduces Stake in Royal Caribbean Cruises Ltd. $RCL

Silvant Capital Management LLC decreased its holdings in Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) by 13.8% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 269,902 shares of the company's stock after selling 43,173 shares during the period. Royal Caribbean Cruises comprises approximately 3.2% of Silvant Capital Management LLC's investment portfolio, making the stock its 8th biggest holding. Silvant Capital Management LLC owned about 0.10% of Royal Caribbean Cruises worth $84,517,000 as of its most recent SEC filing.

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A number of other hedge funds also recently bought and sold shares of the stock. Brighton Jones LLC raised its position in shares of Royal Caribbean Cruises by 12.2% in the 4th quarter. Brighton Jones LLC now owns 1,312 shares of the company's stock worth $303,000 after acquiring an additional 143 shares in the last quarter. Foundations Investment Advisors LLC raised its holdings in Royal Caribbean Cruises by 8.9% in the first quarter. Foundations Investment Advisors LLC now owns 2,694 shares of the company's stock worth $553,000 after purchasing an additional 221 shares in the last quarter. Meeder Advisory Services Inc. lifted its position in shares of Royal Caribbean Cruises by 25.8% during the first quarter. Meeder Advisory Services Inc. now owns 2,730 shares of the company's stock valued at $561,000 after buying an additional 560 shares during the last quarter. Cozad Asset Management Inc. bought a new stake in shares of Royal Caribbean Cruises in the 1st quarter valued at about $376,000. Finally, Banque Cantonale Vaudoise bought a new stake in shares of Royal Caribbean Cruises in the 1st quarter valued at about $493,000. Hedge funds and other institutional investors own 87.53% of the company's stock.

Royal Caribbean Cruises Trading Down 0.1%

NYSE RCL opened at $266.13 on Friday. Royal Caribbean Cruises Ltd. has a 12-month low of $164.01 and a 12-month high of $366.50. The company has a fifty day simple moving average of $292.26 and a two-hundred day simple moving average of $302.58. The company has a current ratio of 0.16, a quick ratio of 0.21 and a debt-to-equity ratio of 1.67. The stock has a market cap of $72.58 billion, a P/E ratio of 17.90, a P/E/G ratio of 0.84 and a beta of 2.04.

• Royal Caribbean Earnings Beat Fuels Strong 2025 Outlook

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last released its earnings results on Tuesday, October 28th. The company reported $5.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.68 by $0.07. The firm had revenue of $5.14 billion for the quarter, compared to the consensus estimate of $5.16 billion. Royal Caribbean Cruises had a return on equity of 44.68% and a net margin of 23.33%.The firm's revenue was up 5.2% on a year-over-year basis. During the same period in the prior year, the firm earned $5.20 EPS. Royal Caribbean Cruises has set its FY 2025 guidance at 15.580-15.630 EPS. Q4 2025 guidance at 2.740-2.790 EPS. On average, analysts forecast that Royal Caribbean Cruises Ltd. will post 14.9 earnings per share for the current year.

Royal Caribbean Cruises Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 13th. Stockholders of record on Thursday, September 25th were paid a $1.00 dividend. The ex-dividend date was Thursday, September 25th. This is a positive change from Royal Caribbean Cruises's previous quarterly dividend of $0.75. This represents a $4.00 annualized dividend and a dividend yield of 1.5%. Royal Caribbean Cruises's dividend payout ratio (DPR) is 26.90%.

Insider Activity at Royal Caribbean Cruises

• RCL Stock Sinks After Earnings—Is a Buying Opportunity Ahead?

In related news, Director Maritza Gomez Montiel sold 1,100 shares of the company's stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $281.76, for a total value of $309,936.00. Following the sale, the director owned 14,234 shares in the company, valued at $4,010,571.84. This represents a 7.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 6.95% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

RCL has been the subject of several recent analyst reports. Sanford C. Bernstein reiterated an "outperform" rating on shares of Royal Caribbean Cruises in a research note on Friday, October 31st. William Blair reaffirmed an "outperform" rating on shares of Royal Caribbean Cruises in a research report on Tuesday, October 28th. UBS Group decreased their price objective on Royal Caribbean Cruises from $353.00 to $304.00 and set a "buy" rating for the company in a report on Wednesday, November 12th. Barclays lowered their price objective on Royal Caribbean Cruises from $358.00 to $342.00 and set an "overweight" rating for the company in a research report on Wednesday, October 29th. Finally, Royal Bank Of Canada set a $360.00 target price on Royal Caribbean Cruises in a research report on Friday, October 31st. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $326.82.

Get Our Latest Research Report on RCL

Royal Caribbean Cruises Company Profile

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of February 21, 2024, it operated 65 ships. Royal Caribbean Cruises Ltd.

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