HBK Sorce Advisory LLC Purchases New Position in Royal Caribbean Cruises Ltd. $RCL

HBK Sorce Advisory LLC acquired a new position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) during the second quarter, HoldingsChannel.com reports. The fund acquired 2,042 shares of the company’s stock, valued at approximately $669,000.

Other large investors also recently bought and sold shares of the company. Capital International Investors grew its holdings in Royal Caribbean Cruises by 9.8% during the 4th quarter. Capital International Investors now owns 36,165,358 shares of the company’s stock valued at $10,088,156,000 after purchasing an additional 3,215,382 shares in the last quarter. Vanguard Group Inc. boosted its position in Royal Caribbean Cruises by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 30,253,450 shares of the company’s stock valued at $8,438,292,000 after buying an additional 187,283 shares during the last quarter. Capital Research Global Investors boosted its position in Royal Caribbean Cruises by 4.8% in the 4th quarter. Capital Research Global Investors now owns 20,176,544 shares of the company’s stock valued at $5,627,669,000 after buying an additional 920,042 shares during the last quarter. State Street Corp boosted its position in Royal Caribbean Cruises by 0.8% in the 3rd quarter. State Street Corp now owns 10,576,751 shares of the company’s stock valued at $3,433,052,000 after buying an additional 84,202 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of Royal Caribbean Cruises by 2.3% during the fourth quarter. Geode Capital Management LLC now owns 7,054,191 shares of the company’s stock valued at $1,961,758,000 after acquiring an additional 155,491 shares in the last quarter. Institutional investors and hedge funds own 87.53% of the company’s stock.

Royal Caribbean Cruises Stock Performance

RCL stock opened at $302.31 on Tuesday. The company has a 50-day simple moving average of $303.45 and a 200 day simple moving average of $292.24. The company has a quick ratio of 0.19, a current ratio of 0.21 and a debt-to-equity ratio of 2.03. The company has a market capitalization of $80.85 billion, a P/E ratio of 18.68, a PEG ratio of 1.04 and a beta of 1.77. 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 issued its quarterly 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. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.The firm had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.82 billion. During the same period last year, the company posted $4.38 EPS. The firm’s quarterly revenue was up 6.5% on a year-over-year basis. 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 17.78 earnings per share for the current fiscal year.

Insider Transactions at Royal Caribbean Cruises

In other Royal Caribbean Cruises news, CEO Michael W. Bayley sold 12,811 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer directly owned 45,297 shares in the company, valued at approximately $14,313,399.03. The trade was a 22.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 6.44% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on RCL shares. Wells Fargo & Company lifted their price objective on Royal Caribbean Cruises from $361.00 to $388.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. UBS Group reissued a “buy” rating and set a $367.00 price target on shares of Royal Caribbean Cruises in a research report on Monday, August 3rd. Freedom Capital lowered shares of Royal Caribbean Cruises from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 29th. Citigroup upped their price target on shares of Royal Caribbean Cruises from $327.00 to $362.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Finally, Loop Capital started coverage on shares of Royal Caribbean Cruises in a research note on Monday, June 1st. They set a “hold” rating and a $304.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $353.40.

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.