Flputnam Investment Management Co. Sells 19,838 Shares of Royal Caribbean Cruises Ltd. $RCL

Flputnam Investment Management Co. lowered its position in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 93.9% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,295 shares of the company’s stock after selling 19,838 shares during the period. Flputnam Investment Management Co.’s holdings in Royal Caribbean Cruises were worth $361,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Montag A & Associates Inc. lifted its position in shares of Royal Caribbean Cruises by 184.4% in the 4th quarter. Montag A & Associates Inc. now owns 91 shares of the company’s stock worth $25,000 after purchasing an additional 59 shares during the period. Ares Financial Consulting LLC acquired a new position in shares of Royal Caribbean Cruises in the 4th quarter worth approximately $26,000. Tucker Asset Management LLC acquired a new position in shares of Royal Caribbean Cruises in the 4th quarter worth approximately $28,000. SRH Advisors LLC acquired a new position in shares of Royal Caribbean Cruises in the 4th quarter worth approximately $28,000. Finally, GGM Financials LLC acquired a new position in shares of Royal Caribbean Cruises in the 3rd quarter worth approximately $33,000. Institutional investors and hedge funds own 87.53% of the company’s stock.

Royal Caribbean Cruises Price Performance

RCL opened at $284.66 on Friday. The firm has a market cap of $76.34 billion, a P/E ratio of 17.37, a PEG ratio of 0.99 and a beta of 1.77. The firm has a 50-day moving average of $269.52 and a 200 day moving average of $282.14. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.17 and a current ratio of 0.20. Royal Caribbean Cruises Ltd. has a fifty-two week low of $232.10 and a fifty-two week high of $366.50.

Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings results on Thursday, April 30th. The company reported $3.60 earnings per share for the quarter, beating the consensus estimate of $3.20 by $0.40. The company had revenue of $4.45 billion during the quarter, compared to analyst estimates of $4.46 billion. Royal Caribbean Cruises had a net margin of 24.36% and a return on equity of 45.25%. The firm’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.71 earnings per share. Royal Caribbean Cruises has set its Q2 2026 guidance at 3.830-3.930 EPS and its FY 2026 guidance at 17.100-17.500 EPS. On average, research analysts expect that Royal Caribbean Cruises Ltd. will post 17.27 EPS for the current year.

Royal Caribbean Cruises Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Wednesday, June 3rd will be given a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Wednesday, June 3rd. Royal Caribbean Cruises’s dividend payout ratio (DPR) is currently 36.61%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on RCL shares. UBS Group dropped their price target on shares of Royal Caribbean Cruises from $321.00 to $309.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. TD Cowen dropped their target price on shares of Royal Caribbean Cruises from $350.00 to $337.00 and set a “buy” rating on the stock in a research report on Friday, May 15th. The Goldman Sachs Group boosted their target price on shares of Royal Caribbean Cruises from $310.00 to $370.00 and gave the company a “buy” rating in a research report on Friday, January 30th. Sanford C. Bernstein reiterated an “outperform” rating and set a $380.00 target price on shares of Royal Caribbean Cruises in a research report on Friday, January 30th. Finally, Citigroup lowered their price objective on shares of Royal Caribbean Cruises from $377.00 to $348.00 and set a “buy” rating on the stock in a report on Friday, May 1st. Fifteen equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $344.05.

About Royal Caribbean Cruises

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.