Robeco Institutional Asset Management B.V. Reduces Stake in Royal Caribbean Cruises Ltd. $RCL

Robeco Institutional Asset Management B.V. cut its holdings in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 15.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 112,881 shares of the company’s stock after selling 20,987 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Royal Caribbean Cruises were worth $36,526,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of RCL. Vanguard Personalized Indexing Management LLC grew its stake in shares of Royal Caribbean Cruises by 12.9% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 39,766 shares of the company’s stock worth $12,453,000 after purchasing an additional 4,558 shares during the period. California Public Employees Retirement System boosted its holdings in Royal Caribbean Cruises by 11.1% during the second quarter. California Public Employees Retirement System now owns 433,018 shares of the company’s stock worth $135,595,000 after buying an additional 43,184 shares in the last quarter. WESPAC Advisors LLC purchased a new stake in Royal Caribbean Cruises during the second quarter worth $522,000. Marion Wealth Management acquired a new stake in Royal Caribbean Cruises during the second quarter valued at $291,000. Finally, Aberdeen Group plc increased its holdings in Royal Caribbean Cruises by 6.3% in the second quarter. Aberdeen Group plc now owns 137,099 shares of the company’s stock valued at $42,802,000 after buying an additional 8,121 shares in the last quarter. 87.53% of the stock is currently owned by institutional investors and hedge funds.

Royal Caribbean Cruises Price Performance

Shares of RCL stock opened at $302.38 on Thursday. The firm’s 50-day moving average is $271.74 and its two-hundred day moving average is $307.15. Royal Caribbean Cruises Ltd. has a 12 month low of $164.01 and a 12 month high of $366.50. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.16 and a quick ratio of 0.14. The company has a market capitalization of $82.46 billion, a PE ratio of 20.33, a price-to-earnings-growth ratio of 0.78 and a beta of 1.94.

Royal Caribbean Cruises (NYSE:RCL) last released its quarterly earnings data on Tuesday, October 28th. The company reported $5.75 EPS for the quarter, beating analysts’ consensus estimates of $5.68 by $0.07. The firm 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 firm’s quarterly revenue was up 5.2% on a year-over-year basis. During the same period in the prior year, the firm posted $5.20 earnings per share. Royal Caribbean Cruises has set its FY 2025 guidance at 15.580-15.630 EPS and its Q4 2025 guidance at 2.740-2.790 EPS. Analysts predict that Royal Caribbean Cruises Ltd. will post 14.9 earnings per share for the current year.

Royal Caribbean Cruises declared that its Board of Directors has approved a stock repurchase program on Wednesday, December 10th that authorizes the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 2.6% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its stock is undervalued.

Royal Caribbean Cruises Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 14th. Investors of record on Friday, December 26th will be given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, December 26th. Royal Caribbean Cruises’s dividend payout ratio (DPR) is presently 26.90%.

Insider Transactions at Royal Caribbean Cruises

In other Royal Caribbean Cruises news, Director Maritza Gomez Montiel sold 1,100 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $281.76, for a total value of $309,936.00. Following the transaction, the director owned 14,234 shares of the company’s stock, valued at $4,010,571.84. This represents a 7.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 6.95% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Mizuho dropped their target price on 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. UBS Group decreased their target price on Royal Caribbean Cruises from $353.00 to $304.00 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. Citigroup reiterated a “buy” rating on shares of Royal Caribbean Cruises in a research report on Friday, December 12th. The Goldman Sachs Group reduced their price objective on Royal Caribbean Cruises from $334.00 to $275.00 and set a “buy” rating for the company in a research note on Tuesday, December 9th. Finally, JPMorgan Chase & Co. decreased their price objective on Royal Caribbean Cruises from $367.00 to $357.00 and set an “overweight” rating on the stock in a report on Wednesday, October 29th. One equities research 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’s stock. According to MarketBeat, Royal Caribbean Cruises presently has a consensus rating of “Moderate Buy” and a consensus price target of $324.82.

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.