Royal Caribbean Cruises Ltd. $RCL Stake Lifted by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA lifted its stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 27.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 179,929 shares of the company’s stock after buying an additional 39,163 shares during the period. Pictet Asset Management Holding SA owned approximately 0.07% of Royal Caribbean Cruises worth $47,836,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of RCL. BlackRock Inc. acquired a new stake in shares of Royal Caribbean Cruises in the 2nd quarter valued at about $6,549,422,000. Sanders Capital LLC grew its stake in Royal Caribbean Cruises by 85.7% during the 3rd quarter. Sanders Capital LLC now owns 4,835,116 shares of the company’s stock worth $1,285,464,000 after buying an additional 2,231,864 shares during the last quarter. Primecap Management Co. CA purchased a new position in Royal Caribbean Cruises during the 2nd quarter worth approximately $669,804,000. Jupiter Topco LLC acquired a new position in Royal Caribbean Cruises during the second quarter worth approximately $597,350,000. Finally, Legal & General Group Plc acquired a new position in Royal Caribbean Cruises during the second quarter worth approximately $413,449,000. 87.53% of the stock is owned by hedge funds and other institutional investors.

Royal Caribbean Cruises Stock Up 0.9%

Royal Caribbean Cruises stock opened at $340.05 on Wednesday. Royal Caribbean Cruises Ltd. has a twelve month low of $222.22 and a twelve month high of $356.39. The stock has a 50 day moving average of $277.81 and a two-hundred day moving average of $288.44. The company has a current ratio of 0.22, a quick ratio of 0.19 and a debt-to-equity ratio of 1.69. The stock has a market capitalization of $90.95 billion, a price-to-earnings ratio of 19.61, a PEG ratio of 1.17 and a beta of 1.88.

Royal Caribbean Cruises (NYSE:RCL) last announced its earnings results on Tuesday, October 27th. The company reported $6.57 earnings per share for the quarter, beating the consensus estimate of $6.38 by $0.19. The company had revenue of $5.59 billion for the quarter, compared to the consensus estimate of $5.61 billion. Royal Caribbean Cruises had a return on equity of 43.40% and a net margin of 23.78%. The company’s revenue was up 8.8% on a year-over-year basis. During the same period last year, the business posted $5.75 EPS. As a group, research analysts expect that Royal Caribbean Cruises Ltd. will post 17.94 earnings per share for the current year.

Royal Caribbean Cruises Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Thursday, September 17th were issued a dividend of $1.50 per share. The ex-dividend date of this dividend was Thursday, September 17th. This represents a $6.00 annualized dividend and a dividend yield of 1.8%. Royal Caribbean Cruises’s dividend payout ratio (DPR) is currently 35.52%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on RCL shares. BMO Capital Markets reiterated an “outperform” rating and issued a $370.00 price objective on shares of Royal Caribbean Cruises in a research note on Wednesday, September 23rd. Sanford C. Bernstein restated an “outperform” rating and set a $355.00 target price (down from $380.00) on shares of Royal Caribbean Cruises in a research report on Wednesday, September 23rd. Truist Financial raised their target price on shares of Royal Caribbean Cruises from $297.00 to $298.00 and gave the stock a “hold” rating in a research report on Thursday, September 24th. Loop Capital lifted their target price on shares of Royal Caribbean Cruises from $304.00 to $327.00 in a report on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Royal Caribbean Cruises from a “hold” rating to a “buy” rating and raised their price objective for the stock from $299.00 to $330.00 in a research report on Monday, September 28th. Twenty-one investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $355.62.

Insiders Place Their Bets

In related news, Director Arne Wilhelmsen sold 220,000 shares of Royal Caribbean Cruises stock in a transaction on Wednesday, November 4th. The shares were sold at an average price of $329.29, for a total value of $72,443,800.00. Following the transaction, the director directly owned 16,215,910 shares in the company, valued at $5,339,737,003.90. This trade represents a 1.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Maritza Montiel sold 400 shares of the business’s stock in a transaction on Friday, October 30th. The shares were sold at an average price of $307.21, for a total transaction of $122,884.00. Following the completion of the transaction, the director directly owned 13,202 shares in the company, valued at $4,055,786.42. This represents a 2.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 727,074 shares of company stock worth $242,087,365. 6.44% of the stock is currently owned by insiders.

Trending Headlines about Royal Caribbean Cruises

Here are the key news stories impacting Royal Caribbean Cruises this week:

• Positive Sentiment: Zacks Research raised its full-year EPS estimates for 2027 to $19.42 and 2028 to $22.62, while the company is targeting adjusted EPS in the $20 range for 2027. The outlook is supported by bookings, capacity growth and cost control. RCL Targets Adjusted EPS in the $20 Range for 2027: Can Momentum Last?
• Positive Sentiment: Falling crude prices helped lift cruise shares alongside a broader market rally, as cheaper fuel can ease a significant operating cost. Cruise Stocks Climb Amid Falling Crude Prices
• Neutral Sentiment: Forecast changes were mixed: Zacks also nudged some estimates higher but cut several near-term quarterly forecasts, including Q4 2026 EPS to $3.54. That tempers the otherwise improving longer-term outlook.
• Negative Sentiment: Director Arne Wilhelmsen sold a combined 476,674 shares across transactions on November 6, 9 and 10, worth about $159.8 million. He still held approximately 15.7 million shares afterward, so the sales may be a modest sentiment concern rather than a wholesale exit. SEC Form 4 filing

Royal Caribbean Cruises Company Profile

Royal Caribbean Group, formerly known as Royal Caribbean Cruises Ltd., is a global cruise vacation company. Its brands include Royal Caribbean International, Celebrity Cruises and Silversea Cruises, which offer voyages ranging from large-ship family vacations to premium and luxury experiences. The company serves travelers through itineraries to destinations around the world, including the Caribbean, Europe, Alaska and Asia. Its vacation offerings combine onboard accommodations, dining and entertainment with shore excursions and visits to ports and private destinations.