Bank of New York Mellon Corp bought a new position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,200,740 shares of the company's stock, valued at approximately $381,271,000. Bank of New York Mellon Corp owned 0.45% of Royal Caribbean Cruises as of its most recent SEC filing.

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Other hedge funds and other institutional investors also recently bought and sold shares of the company. Leeward Financial Partners LLC purchased a new position in Royal Caribbean Cruises during the second quarter valued at approximately $417,000. Private Advisory Group LLC purchased a new position in shares of Royal Caribbean Cruises during the 2nd quarter valued at approximately $711,000. Focus Partners Advisor Solutions LLC purchased a new position in shares of Royal Caribbean Cruises during the 2nd quarter valued at approximately $520,000. Maridea Wealth Management LLC acquired a new position in shares of Royal Caribbean Cruises in the 2nd quarter valued at $214,000. Finally, Platform Technology Partners boosted its holdings in Royal Caribbean Cruises by 4.9% during the second quarter. Platform Technology Partners now owns 982 shares of the company's stock worth $312,000 after buying an additional 46 shares in the last quarter. Institutional investors and hedge funds own 87.53% of the company's stock.

Royal Caribbean Cruises Trading Up 1.6%

NYSE:RCL opened at $292.29 on Friday. The stock has a fifty day moving average price of $304.42 and a 200 day moving average price of $291.73. The company has a current ratio of 0.21, a quick ratio of 0.19 and a debt-to-equity ratio of 2.03. Royal Caribbean Cruises Ltd. has a 12-month low of $232.10 and a 12-month high of $366.50. The firm has a market cap of $78.17 billion, a PE ratio of 18.06, a price-to-earnings-growth ratio of 0.98 and a beta of 1.77.

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Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last announced its quarterly earnings data 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 analysts' expectations of $4.82 billion. During the same quarter last year, the business posted $4.38 EPS. The business's quarterly revenue was up 6.5% compared to the same quarter last year. 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 anticipate that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current fiscal year.

Insider Transactions at Royal Caribbean Cruises

In related news, CEO Michael W. Bayley sold 12,811 shares of Royal Caribbean Cruises stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer owned 45,297 shares in the company, valued at $14,313,399.03. The trade was a 22.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 6.44% of the stock is owned by corporate insiders.

Analyst Ratings Changes

• Royal Caribbean’s Best Quarter Ever Still Leaves a Big Question

Several analysts recently commented on the stock. Stifel Nicolaus raised their price target on shares of Royal Caribbean Cruises from $410.00 to $415.00 and gave the company a "buy" rating in a research report on Wednesday, July 29th. Mizuho set a $380.00 target price on Royal Caribbean Cruises in a research report on Friday, May 1st. Freedom Capital lowered Royal Caribbean Cruises from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 29th. Susquehanna upped their price target on Royal Caribbean Cruises from $350.00 to $372.00 and gave the stock a "positive" rating in a report on Wednesday, July 29th. Finally, Zacks Research upgraded Royal Caribbean Cruises from a "strong sell" rating to a "hold" rating in a research report on Thursday, June 18th. One equities research 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 company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $353.40.

Get Our Latest Research Report on Royal Caribbean Cruises

Royal Caribbean Cruises Profile

(Free Report)

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.

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