PCM Encore LLC Makes New Investment in Royal Caribbean Cruises Ltd. $RCL

PCM Encore LLC acquired a new stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) in the second quarter, Holdings Channel.com reports. The firm acquired 2,950 shares of the company’s stock, valued at approximately $937,000.

A number of other hedge funds have also recently modified their holdings of the stock. Brighton Jones LLC lifted its holdings in Royal Caribbean Cruises by 12.2% in the fourth quarter. Brighton Jones LLC now owns 1,312 shares of the company’s stock valued at $303,000 after acquiring an additional 143 shares during the period. Woodline Partners LP increased its holdings in shares of Royal Caribbean Cruises by 40.8% during the 1st quarter. Woodline Partners LP now owns 20,918 shares of the company’s stock valued at $4,297,000 after purchasing an additional 6,063 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in shares of Royal Caribbean Cruises in the 2nd quarter valued at $1,762,000. Baird Financial Group Inc. boosted its holdings in Royal Caribbean Cruises by 5.4% during the second quarter. Baird Financial Group Inc. now owns 4,772 shares of the company’s stock worth $1,494,000 after buying an additional 243 shares in the last quarter. Finally, Brown Advisory Inc. acquired a new stake in Royal Caribbean Cruises during the second quarter valued at $357,000. Hedge funds and other institutional investors own 87.53% of the company’s stock.

Wall Street Analysts Forecast Growth

RCL has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft set a $296.00 price objective on shares of Royal Caribbean Cruises in a report on Friday, May 1st. Truist Financial cut their price target on Royal Caribbean Cruises from $318.00 to $297.00 and set a “hold” rating for the company in a research note on Friday, May 22nd. Zacks Research raised Royal Caribbean Cruises from a “strong sell” rating to a “hold” rating in a report on Thursday, June 18th. Citigroup increased their price target on Royal Caribbean Cruises from $327.00 to $362.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Finally, William Blair reissued an “outperform” rating on shares of Royal Caribbean Cruises in a report on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, Royal Caribbean Cruises presently has a consensus rating of “Moderate Buy” and a consensus target price of $353.40.

Insiders Place Their Bets

In related news, CEO Michael W. Bayley sold 12,811 shares of the firm’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 transaction, the chief executive officer directly owned 45,297 shares of the company’s stock, valued at approximately $14,313,399.03. This trade represents a 22.05% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 6.44% of the company’s stock.

Royal Caribbean Cruises Stock Performance

NYSE:RCL opened at $287.35 on Friday. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.19 and a current ratio of 0.21. The stock has a market capitalization of $76.85 billion, a PE ratio of 17.76, a P/E/G ratio of 1.03 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. The company has a fifty day moving average of $304.45 and a two-hundred day moving average of $291.73.

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 the consensus estimate of $3.98 by $0.23. The business had revenue of $4.83 billion for 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%. The company’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter last year, the business earned $4.38 earnings per share. 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. As a group, research analysts forecast that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current fiscal year.

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.