Quantitative Investment Management LLC Invests $3.59 Million in Royal Caribbean Cruises Ltd. $RCL

Quantitative Investment Management LLC purchased a new position in Royal Caribbean Cruises Ltd. (NYSE:RCL) in the second quarter, Holdings Channel reports. The fund purchased 11,295 shares of the company’s stock, valued at approximately $3,586,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of RCL. BlackRock Inc. acquired a new stake in Royal Caribbean Cruises in the 2nd quarter valued at approximately $6,549,422,000. Capital International Investors boosted its position in shares of Royal Caribbean Cruises by 9.8% during the 4th quarter. Capital International Investors now owns 36,165,358 shares of the company’s stock valued at $10,088,156,000 after acquiring an additional 3,215,382 shares in the last quarter. Primecap Management Co. CA bought a new stake in shares of Royal Caribbean Cruises in the 2nd quarter valued at approximately $669,804,000. Jupiter Topco LLC acquired a new position in Royal Caribbean Cruises during the second quarter worth $597,350,000. Finally, Norges Bank bought a new position in Royal Caribbean Cruises during the 4th quarter valued at about $456,752,000. 87.53% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Michael W. Bayley sold 12,811 shares of the firm’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $315.99, for a total value of $4,048,147.89. Following the transaction, the chief executive officer owned 45,297 shares in the company, valued at approximately $14,313,399.03. This trade represents a 22.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 6.44% of the company’s stock.

Analyst Upgrades and Downgrades

RCL has been the topic of a number of recent analyst reports. UBS Group reissued a “buy” rating and issued a $367.00 price objective on shares of Royal Caribbean Cruises in a research note on Monday, August 3rd. Freedom Capital lowered Royal Caribbean Cruises from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 29th. Truist Financial decreased their price objective on shares of Royal Caribbean Cruises from $318.00 to $297.00 and set a “hold” rating for the company in a report on Friday, May 22nd. BMO Capital Markets assumed coverage on Royal Caribbean Cruises in a research report on Tuesday, July 7th. They set an “outperform” rating and a $370.00 price target on the stock. Finally, Morgan Stanley increased their price objective on Royal Caribbean Cruises from $280.00 to $300.00 and gave the stock an “equal weight” rating in a report on Thursday, July 30th. One equities research 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. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $353.40.

Royal Caribbean Cruises Stock Performance

NYSE:RCL opened at $279.93 on Monday. Royal Caribbean Cruises Ltd. has a 1-year low of $232.10 and a 1-year high of $366.50. The company has a current ratio of 0.21, a quick ratio of 0.19 and a debt-to-equity ratio of 2.03. The stock has a market cap of $74.87 billion, a P/E ratio of 17.30, a PEG ratio of 0.95 and a beta of 1.77. The stock has a 50 day simple moving average of $302.18 and a 200 day simple moving average of $289.77.

Royal Caribbean Cruises (NYSE:RCL) last released its quarterly earnings results on Tuesday, July 28th. The company reported $4.21 EPS for the quarter, beating the consensus estimate of $3.98 by $0.23. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. The business had revenue of $4.83 billion for the quarter, compared to the consensus estimate of $4.82 billion. During the same period in the prior year, the company posted $4.38 earnings per share. Royal Caribbean Cruises’s revenue was up 6.5% compared to the same quarter last year. 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. Research analysts anticipate that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current year.

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.