TD Asset Management Inc Grows Stock Holdings in Royal Caribbean Cruises Ltd. $RCL

TD Asset Management Inc raised its holdings in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 29.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 877,659 shares of the company’s stock after acquiring an additional 201,014 shares during the quarter. TD Asset Management Inc’s holdings in Royal Caribbean Cruises were worth $244,797,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in RCL. Norges Bank purchased a new stake in Royal Caribbean Cruises in the fourth quarter valued at about $456,752,000. Nordea Investment Management AB raised its stake in Royal Caribbean Cruises by 135.0% in the fourth quarter. Nordea Investment Management AB now owns 1,306,784 shares of the company’s stock valued at $366,925,000 after buying an additional 750,723 shares during the last quarter. Ameriprise Financial Inc. raised its stake in Royal Caribbean Cruises by 163.7% in the third quarter. Ameriprise Financial Inc. now owns 1,101,544 shares of the company’s stock valued at $356,515,000 after buying an additional 683,896 shares during the last quarter. Vanguard Group Inc. raised its stake in Royal Caribbean Cruises by 1.6% in the third quarter. Vanguard Group Inc. now owns 30,066,167 shares of the company’s stock valued at $9,728,810,000 after buying an additional 461,990 shares during the last quarter. Finally, Franklin Resources Inc. raised its stake in Royal Caribbean Cruises by 484.2% in the third quarter. Franklin Resources Inc. now owns 501,022 shares of the company’s stock valued at $162,121,000 after buying an additional 415,267 shares during the last quarter. 87.53% of the stock is currently owned by hedge funds and other institutional investors.

Royal Caribbean Cruises Stock Performance

Shares of RCL stock opened at $286.80 on Thursday. The firm has a market capitalization of $76.92 billion, a price-to-earnings ratio of 17.50, a price-to-earnings-growth ratio of 1.02 and a beta of 1.77. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.20 and a quick ratio of 0.17. The business has a fifty day moving average of $270.59 and a 200 day moving average of $282.86. Royal Caribbean Cruises Ltd. has a 1 year low of $232.10 and a 1 year high of $366.50.

Royal Caribbean Cruises (NYSE:RCL) last issued its earnings results on Thursday, April 30th. The company reported $3.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.20 by $0.40. Royal Caribbean Cruises had a return on equity of 45.25% and a net margin of 24.36%.The company had revenue of $4.45 billion during the quarter, compared to analyst estimates of $4.46 billion. During the same quarter last year, the business posted $2.71 EPS. The firm’s quarterly revenue was up 11.3% on a year-over-year basis. 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. As a group, research analysts expect that Royal Caribbean Cruises Ltd. will post 17.27 earnings per share for the current year.

Royal Caribbean Cruises Announces Dividend

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

Analysts Set New Price Targets

A number of research firms have commented on RCL. Mizuho set a $380.00 price target on Royal Caribbean Cruises in a research note on Friday, May 1st. Citigroup decreased their price target on Royal Caribbean Cruises from $377.00 to $348.00 and set a “buy” rating for the company in a research note on Friday, May 1st. Loop Capital began coverage on Royal Caribbean Cruises in a research note on Monday. They issued a “hold” rating and a $304.00 target price for the company. Barclays reduced their target price on Royal Caribbean Cruises from $351.00 to $340.00 and set an “overweight” rating for the company in a research note on Friday, May 1st. Finally, Tigress Financial raised their target price on Royal Caribbean Cruises from $415.00 to $425.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Fourteen analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $344.79.

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.