2,017 Shares in Royal Caribbean Cruises Ltd. $RCL Acquired by USA Financial Formulas

USA Financial Formulas purchased a new stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,017 shares of the company’s stock, valued at approximately $653,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of RCL. Brighton Jones LLC raised its holdings in shares of 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 buying an additional 143 shares during the last quarter. Quantbot Technologies LP acquired a new stake in Royal Caribbean Cruises in the 1st quarter valued at about $649,000. Dorsey & Whitney Trust CO LLC raised its stake in shares of Royal Caribbean Cruises by 10.7% in the first quarter. Dorsey & Whitney Trust CO LLC now owns 2,254 shares of the company’s stock worth $463,000 after acquiring an additional 218 shares during the last quarter. Norinchukin Bank The lifted its position in shares of Royal Caribbean Cruises by 11.7% during the first quarter. Norinchukin Bank The now owns 10,393 shares of the company’s stock worth $2,135,000 after purchasing an additional 1,091 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of Royal Caribbean Cruises by 112.9% during the first quarter. Ameriprise Financial Inc. now owns 566,273 shares of the company’s stock worth $116,396,000 after purchasing an additional 300,232 shares in the last quarter. Institutional investors and hedge funds own 87.53% of the company’s stock.

Royal Caribbean Cruises Stock Up 2.5%

Shares of Royal Caribbean Cruises stock opened at $293.94 on Friday. The business has a fifty day simple moving average of $276.56 and a 200 day simple moving average of $305.27. The stock has a market cap of $80.16 billion, a PE ratio of 19.77, a price-to-earnings-growth ratio of 0.88 and a beta of 1.91. The company has a quick ratio of 0.14, a current ratio of 0.16 and a debt-to-equity ratio of 1.67. Royal Caribbean Cruises Ltd. has a 12 month low of $164.01 and a 12 month high of $366.50.

Royal Caribbean Cruises (NYSE:RCL) last issued its earnings results on Tuesday, October 28th. The company reported $5.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.68 by $0.07. The firm had revenue of $5.14 billion for the quarter, compared to analysts’ expectations of $5.16 billion. Royal Caribbean Cruises had a return on equity of 44.68% and a net margin of 23.33%.The company’s revenue was up 5.2% compared to the same quarter last year. During the same quarter last year, the business earned $5.20 earnings per share. Royal Caribbean Cruises has set its FY 2025 guidance at 15.580-15.630 EPS and its Q4 2025 guidance at 2.740-2.790 EPS. Research analysts predict that Royal Caribbean Cruises Ltd. will post 14.9 EPS for the current year.

Royal Caribbean Cruises Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 14th. Investors of record on Friday, December 26th will be issued a dividend of $1.00 per share. The ex-dividend date is Friday, December 26th. This represents a $4.00 dividend on an annualized basis and a yield of 1.4%. Royal Caribbean Cruises’s payout ratio is currently 26.90%.

Royal Caribbean Cruises announced that its Board of Directors has approved a stock buyback program on Wednesday, December 10th that allows the company to buyback $2.00 billion in outstanding shares. This buyback authorization allows the company to buy up to 2.6% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on RCL shares. Weiss Ratings restated a “buy (b)” rating on shares of Royal Caribbean Cruises in a research report on Wednesday, October 8th. UBS Group lowered their target price on Royal Caribbean Cruises from $353.00 to $304.00 and set a “buy” rating for the company in a research note on Wednesday, November 12th. Stifel Nicolaus cut their price target on Royal Caribbean Cruises from $420.00 to $400.00 and set a “buy” rating on the stock in a research note on Wednesday, October 29th. Wall Street Zen lowered Royal Caribbean Cruises from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Royal Caribbean Cruises in a report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $324.82.

Insider Buying and Selling

In other Royal Caribbean Cruises news, Director Maritza Gomez Montiel sold 1,100 shares of the stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $281.76, for a total value of $309,936.00. Following the sale, the director directly owned 14,234 shares in the company, valued at approximately $4,010,571.84. This trade represents a 7.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 6.95% 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.