Sumitomo Life Insurance Co. Makes New Investment in Royal Caribbean Cruises Ltd. $RCL

Sumitomo Life Insurance Co. acquired a new stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 4,323 shares of the company’s stock, valued at approximately $1,373,000.

Other large investors also recently modified their holdings of the company. Montag A & Associates Inc. lifted its stake in shares of Royal Caribbean Cruises by 184.4% during the 4th quarter. Montag A & Associates Inc. now owns 91 shares of the company’s stock worth $25,000 after buying an additional 59 shares during the last quarter. Ares Financial Consulting LLC acquired a new position in Royal Caribbean Cruises in the 4th quarter valued at about $26,000. University of Texas Texas AM Investment Management Co. acquired a new position in Royal Caribbean Cruises in the 4th quarter valued at about $26,000. IMG Wealth Management Inc. bought a new position in Royal Caribbean Cruises in the 1st quarter valued at about $27,000. Finally, Kemnay Advisory Services Inc. bought a new position in Royal Caribbean Cruises in the 4th quarter valued at about $27,000. 87.53% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently commented on RCL. Zacks Research upgraded shares of Royal Caribbean Cruises from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 18th. Loop Capital assumed coverage on shares of Royal Caribbean Cruises in a research note on Monday, June 1st. They issued a “hold” rating and a $304.00 price objective for the company. BMO Capital Markets initiated coverage on shares of Royal Caribbean Cruises in a report on Tuesday, July 7th. They issued an “outperform” rating and a $370.00 price objective for the company. Truist Financial decreased their target price 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. Finally, Freedom Capital cut shares of Royal Caribbean Cruises from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Royal Caribbean Cruises currently has an average rating of “Moderate Buy” and a consensus price target of $353.40.

Royal Caribbean Cruises Price Performance

Shares of RCL opened at $292.29 on Friday. 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 stock has a market cap of $78.17 billion, a PE ratio of 18.06, a PEG ratio of 0.98 and a beta of 1.77. Royal Caribbean Cruises Ltd. has a 12-month low of $232.10 and a 12-month high of $366.50. The business has a 50-day simple moving average of $304.42 and a two-hundred day simple moving average of $291.73.

Royal Caribbean Cruises (NYSE:RCL) last released its quarterly earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share for the quarter, topping the consensus estimate of $3.98 by $0.23. The company had revenue of $4.83 billion for the quarter, compared to analysts’ expectations of $4.82 billion. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.The business’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same period in the previous year, the business posted $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. Analysts anticipate 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 company’s 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 approximately $14,313,399.03. This represents a 22.05% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 6.44% of the company’s stock.

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.