Edgestream Partners L.P. Acquires New Shares in Royal Caribbean Cruises Ltd. $RCL

Edgestream Partners L.P. acquired a new position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 6,493 shares of the company’s stock, valued at approximately $1,787,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Capital International Investors lifted its stake in Royal Caribbean Cruises by 9.8% in the fourth quarter. Capital International Investors now owns 36,165,358 shares of the company’s stock valued at $10,088,156,000 after buying an additional 3,215,382 shares during the last quarter. Norges Bank bought a new position in shares of Royal Caribbean Cruises during the fourth quarter worth about $456,752,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Royal Caribbean Cruises by 25,747.4% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,202,161 shares of the company’s stock worth $335,307,000 after acquiring an additional 1,197,510 shares during the last quarter. Capital Research Global Investors grew its position in shares of Royal Caribbean Cruises by 4.8% during the fourth quarter. Capital Research Global Investors now owns 20,176,544 shares of the company’s stock worth $5,627,669,000 after acquiring an additional 920,042 shares during the last quarter. Finally, Janus Henderson Group PLC increased its holdings in shares of Royal Caribbean Cruises by 23.9% in the 4th quarter. Janus Henderson Group PLC now owns 2,416,425 shares of the company’s stock worth $673,990,000 after acquiring an additional 465,401 shares during the period. 87.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on RCL. Truist Financial cut their price objective on shares of Royal Caribbean Cruises from $318.00 to $297.00 and set a “hold” rating on the stock in a research report on Friday, May 22nd. Wells Fargo & Company upped their target price on shares of Royal Caribbean Cruises from $361.00 to $388.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. William Blair reaffirmed an “outperform” rating on shares of Royal Caribbean Cruises in a report on Tuesday, July 28th. JPMorgan Chase & Co. cut their price target on Royal Caribbean Cruises from $376.00 to $341.00 and set an “overweight” rating on the stock in a report on Wednesday, April 8th. Finally, Barclays reduced their price objective on Royal Caribbean Cruises from $351.00 to $340.00 and set an “overweight” rating for the company in a research report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $353.40.

Royal Caribbean Cruises Stock Performance

RCL stock opened at $324.21 on Tuesday. The company has a market capitalization of $86.71 billion, a P/E ratio of 20.04, a PEG ratio of 1.09 and a beta of 1.77. The company has a 50-day simple moving average of $297.16 and a 200 day simple moving average of $289.96. Royal Caribbean Cruises Ltd. has a fifty-two week low of $232.10 and a fifty-two week high of $366.50. The company has a quick ratio of 0.19, a current ratio of 0.21 and a debt-to-equity ratio of 2.03.

Royal Caribbean Cruises (NYSE:RCL) last announced its earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.98 by $0.23. The firm had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.82 billion. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. Royal Caribbean Cruises’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.38 EPS. 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 predict that Royal Caribbean Cruises Ltd. will post 17.79 earnings per share for the current fiscal year.

Insider Buying and Selling at Royal Caribbean Cruises

In other news, CEO Michael W. Bayley sold 12,811 shares of the 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 directly owned 45,297 shares in the company, valued at $14,313,399.03. This trade represents a 22.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 6.44% of the company’s stock.

Royal Caribbean Cruises Company 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.