Sumitomo Mitsui Trust Group Inc. Cuts Stake in Royal Caribbean Cruises Ltd. $RCL

Sumitomo Mitsui Trust Group Inc. reduced its holdings in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 8.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 544,613 shares of the company’s stock after selling 48,250 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Royal Caribbean Cruises were worth $149,867,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also bought and sold shares of RCL. Pinnacle Wealth Management Advisory Group LLC increased its position in shares of Royal Caribbean Cruises by 1.2% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,485 shares of the company’s stock valued at $693,000 after acquiring an additional 30 shares during the period. AlphaStar Capital Management LLC boosted its stake in shares of Royal Caribbean Cruises by 4.1% in the fourth quarter. AlphaStar Capital Management LLC now owns 779 shares of the company’s stock worth $217,000 after buying an additional 31 shares during the last quarter. Kestra Investment Management LLC grew its holdings in Royal Caribbean Cruises by 2.6% during the fourth quarter. Kestra Investment Management LLC now owns 1,208 shares of the company’s stock worth $337,000 after acquiring an additional 31 shares during the period. Waterloo Capital L.P. grew its holdings in Royal Caribbean Cruises by 2.9% during the fourth quarter. Waterloo Capital L.P. now owns 1,191 shares of the company’s stock worth $332,000 after acquiring an additional 34 shares during the period. Finally, REAP Financial Group LLC grew its holdings in Royal Caribbean Cruises by 16.8% during the fourth quarter. REAP Financial Group LLC now owns 243 shares of the company’s stock worth $68,000 after acquiring an additional 35 shares during the period. Institutional investors and hedge funds own 87.53% of the company’s stock.

Key Headlines Impacting Royal Caribbean Cruises

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

• Positive Sentiment: BMO Capital Markets upgraded Royal Caribbean Cruises to Strong-Buy and set a $370 target, implying meaningful upside from current levels. BMO Capital bullish on top pick Royal Caribbean as cruise tailwinds ’favorable’
• Positive Sentiment: Cruise stocks rebounded broadly, with Royal Caribbean trading alongside gains in Norwegian Cruise Line and Carnival, suggesting sector-wide momentum is helping RCL. Norwegian Cruise Line Jumps 8%, Carnival Climbs 5%, Royal Caribbean Rises 3% in Cruise-Stock Rebound
• Positive Sentiment: Celebrity Cruises, Royal Caribbean’s brand, unveiled 13 new experiences on Celebrity Reflection, highlighting product innovation and support for future demand. CELEBRITY CRUISES UNVEILS 13 NEW EXPERIENCES ON CELEBRITY REFLECTION, REDEFINING CARIBBEAN CRUISING
• Positive Sentiment: Analysts said Royal Caribbean may offset Europe weakness with Caribbean strength, new destinations, and improving yields, which supports the earnings outlook. Can Royal Caribbean Offset Europe Weakness With Caribbean Strength?

Analyst Ratings Changes

A number of research analysts have issued reports on RCL shares. Stifel Nicolaus set a $410.00 price target on Royal Caribbean Cruises in a report on Friday, May 1st. Deutsche Bank Aktiengesellschaft set a $296.00 price objective on shares of Royal Caribbean Cruises in a research note on Friday, May 1st. TD Cowen cut their target price on shares of Royal Caribbean Cruises from $350.00 to $337.00 and set a “buy” rating for the company in a report on Friday, May 15th. BMO Capital Markets initiated coverage on Royal Caribbean Cruises in a report on Tuesday. They issued an “outperform” rating and a $370.00 price target for the company. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Royal Caribbean Cruises in a research report on Thursday, June 18th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Royal Caribbean Cruises currently has a consensus rating of “Moderate Buy” and a consensus target price of $346.80.

Royal Caribbean Cruises Stock Performance

Shares of Royal Caribbean Cruises stock opened at $288.18 on Friday. Royal Caribbean Cruises Ltd. has a one year low of $232.10 and a one year high of $366.50. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.17 and a current ratio of 0.20. The business’s 50 day moving average price is $284.77 and its 200 day moving average price is $289.08. The company has a market cap of $77.29 billion, a price-to-earnings ratio of 17.58, a PEG ratio of 0.98 and a beta of 1.76.

Royal Caribbean Cruises (NYSE:RCL) last announced its quarterly earnings results on Thursday, April 30th. The company reported $3.60 earnings per share for the quarter, beating the consensus estimate of $3.20 by $0.40. Royal Caribbean Cruises had a net margin of 24.36% and a return on equity of 45.25%. The firm had revenue of $4.45 billion for the quarter, compared to analysts’ expectations of $4.46 billion. During the same quarter in the previous year, the company posted $2.71 EPS. The company’s revenue was up 11.3% compared to the same quarter last year. Royal Caribbean Cruises has set its Q2 2026 guidance at 3.830-3.930 EPS and its FY 2026 guidance at 17.100-17.500 EPS. On average, research analysts predict that Royal Caribbean Cruises Ltd. will post 17.29 EPS for the current year.

Royal Caribbean Cruises Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Wednesday, June 3rd were issued a $1.50 dividend. This represents a $6.00 annualized dividend and a yield of 2.1%. The ex-dividend date was Wednesday, June 3rd. Royal Caribbean Cruises’s payout ratio is presently 36.61%.

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.