Cahill Financial Advisors Inc. Has $2.12 Million Holdings in Royal Caribbean Cruises Ltd. $RCL

Cahill Financial Advisors Inc. decreased its position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 6.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,768 shares of the company’s stock after selling 439 shares during the quarter. Cahill Financial Advisors Inc.’s holdings in Royal Caribbean Cruises were worth $2,119,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Hughes Financial Services LLC bought a new stake in Royal Caribbean Cruises during the 1st quarter valued at $26,000. Opal Wealth Advisors LLC bought a new position in shares of Royal Caribbean Cruises in the second quarter valued at $27,000. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of Royal Caribbean Cruises during the second quarter valued at about $31,000. 1 North Wealth Services LLC acquired a new position in shares of Royal Caribbean Cruises during the second quarter valued at about $31,000. Finally, Trust Co. of Toledo NA OH bought a new stake in shares of Royal Caribbean Cruises during the second quarter worth about $32,000. 87.53% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Vagn O. Sorensen sold 10,300 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $330.04, for a total transaction of $3,399,412.00. Following the completion of the sale, the director owned 16,407 shares in the company, valued at $5,414,966.28. This trade represents a 38.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Maritza Gomez Montiel sold 1,100 shares of Royal Caribbean Cruises stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $281.76, for a total transaction of $309,936.00. Following the completion of the sale, the director directly owned 14,234 shares in the company, valued at $4,010,571.84. This trade represents a 7.17% decrease in their position. The SEC filing for this sale provides additional information. 6.95% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Mizuho dropped their price target on shares of Royal Caribbean Cruises from $372.00 to $362.00 and set an “outperform” rating on the stock in a research report on Monday, October 20th. TD Cowen initiated coverage on Royal Caribbean Cruises in a report on Tuesday, July 22nd. They issued a “buy” rating and a $405.00 target price on the stock. Susquehanna set a $350.00 target price on Royal Caribbean Cruises and gave the company a “positive” rating in a research report on Thursday, October 30th. Wall Street Zen lowered Royal Caribbean Cruises from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Finally, Stifel Nicolaus dropped their price objective on Royal Caribbean Cruises from $420.00 to $400.00 and set a “buy” rating on the stock in a research note on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Royal Caribbean Cruises currently has an average rating of “Moderate Buy” and an average target price of $326.86.

Royal Caribbean Cruises Stock Up 1.0%

Shares of NYSE:RCL opened at $256.12 on Monday. Royal Caribbean Cruises Ltd. has a 1 year low of $164.01 and a 1 year high of $366.50. The company has a market capitalization of $69.85 billion, a PE ratio of 17.22, a price-to-earnings-growth ratio of 0.84 and a beta of 2.04. The business has a fifty day moving average price of $315.95 and a two-hundred day moving average price of $300.12. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.16 and a quick ratio of 0.21.

Royal Caribbean Cruises (NYSE:RCL) last released its earnings results on Tuesday, October 28th. The company reported $5.75 EPS for the quarter, topping analysts’ consensus estimates of $5.68 by $0.07. The company had revenue of $5.14 billion for the quarter, compared to analysts’ expectations of $5.16 billion. Royal Caribbean Cruises had a return on equity of 44.68% and a net margin of 23.33%.The business’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period in the previous year, the business posted $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. Analysts forecast that Royal Caribbean Cruises Ltd. will post 14.9 earnings per share for the current year.

Royal Caribbean Cruises Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, October 13th. Shareholders 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 dividend on an annualized basis and a yield of 1.6%. Royal Caribbean Cruises’s dividend payout ratio is presently 26.90%.

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.