Western Financial Corp CA Lowers Position in Royal Caribbean Cruises Ltd. $RCL

Western Financial Corp CA decreased its position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 25.1% during the third quarter, according to its most recent filing with the SEC. The firm owned 6,459 shares of the company’s stock after selling 2,169 shares during the period. Royal Caribbean Cruises comprises about 0.9% of Western Financial Corp CA’s holdings, making the stock its 27th largest holding. Western Financial Corp CA’s holdings in Royal Caribbean Cruises were worth $2,090,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in RCL. Opal Wealth Advisors LLC purchased a new stake in Royal Caribbean Cruises in the second quarter worth $27,000. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of Royal Caribbean Cruises during the 2nd quarter valued at $31,000. 1 North Wealth Services LLC purchased a new stake in shares of Royal Caribbean Cruises in the 2nd quarter worth about $31,000. Evolution Wealth Management Inc. bought a new position in shares of Royal Caribbean Cruises in the 2nd quarter worth about $31,000. Finally, Trust Co. of Toledo NA OH purchased a new position in Royal Caribbean Cruises during the 2nd quarter valued at about $32,000. Hedge funds and other institutional investors own 87.53% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on RCL shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Royal Caribbean Cruises in a research note on Friday, December 26th. Mizuho cut their price target on Royal Caribbean Cruises from $372.00 to $362.00 and set an “outperform” rating on the stock in a research note on Monday, October 20th. Barclays reduced their price objective on Royal Caribbean Cruises from $342.00 to $324.00 and set an “overweight” rating for the company in a research report on Wednesday, December 17th. Jefferies Financial Group dropped their target price on Royal Caribbean Cruises from $286.00 to $275.00 and set a “hold” rating on the stock in a report on Monday, December 15th. Finally, William Blair restated an “outperform” rating on shares of Royal Caribbean Cruises in a report on Tuesday, October 28th. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $324.82.

Royal Caribbean Cruises Stock Up 1.5%

Royal Caribbean Cruises stock opened at $283.15 on Friday. Royal Caribbean Cruises Ltd. has a 12 month low of $164.01 and a 12 month high of $366.50. The stock has a fifty day simple moving average of $271.99 and a two-hundred day simple moving average of $306.65. The company has a current ratio of 0.16, a quick ratio of 0.14 and a debt-to-equity ratio of 1.67. The firm has a market cap of $77.22 billion, a price-to-earnings ratio of 19.04, a PEG ratio of 0.74 and a beta of 1.94.

Royal Caribbean Cruises (NYSE:RCL) last released its quarterly earnings data on Tuesday, October 28th. The company reported $5.75 EPS for the quarter, beating the consensus estimate of $5.68 by $0.07. Royal Caribbean Cruises had a return on equity of 44.68% and a net margin of 23.33%.The company had revenue of $5.14 billion for the quarter, compared to analysts’ expectations of $5.16 billion. During the same period last year, the firm posted $5.20 earnings per share. Royal Caribbean Cruises’s revenue was up 5.2% compared to the same quarter last year. 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. Equities analysts predict that Royal Caribbean Cruises Ltd. will post 14.9 EPS for the current fiscal year.

Royal Caribbean Cruises Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 14th. Shareholders of record on Friday, December 26th will be paid 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 declared that its Board of Directors has initiated a stock repurchase program on Wednesday, December 10th that permits the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization permits the company to repurchase up to 2.6% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

Insider Buying and Selling at Royal Caribbean Cruises

In other news, Director Maritza Gomez Montiel sold 1,100 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $281.76, for a total value of $309,936.00. Following the transaction, the director directly owned 14,234 shares in the company, valued at $4,010,571.84. This trade represents a 7.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 6.95% of the stock is owned by insiders.

About Royal Caribbean Cruises

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.