Central Pacific Bank Trust Division Sells 1,777 Shares of Royal Caribbean Cruises Ltd. $RCL

Central Pacific Bank Trust Division lessened its stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 40.1% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,651 shares of the company’s stock after selling 1,777 shares during the quarter. Central Pacific Bank Trust Division’s holdings in Royal Caribbean Cruises were worth $842,000 at the end of the most recent reporting period.

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

Insiders Place Their Bets

In other Royal Caribbean Cruises news, CEO Michael W. Bayley sold 12,811 shares of the business’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $315.99, for a total transaction of $4,048,147.89. Following the transaction, the chief executive officer owned 45,297 shares of the company’s stock, valued at $14,313,399.03. The trade was a 22.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 6.44% of the stock is currently owned by corporate insiders.

Royal Caribbean Cruises Trading Up 0.6%

Shares of NYSE:RCL opened at $327.66 on Thursday. The company’s 50-day moving average price is $299.38 and its two-hundred day moving average price is $290.64. 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 2.03, a current ratio of 0.21 and a quick ratio of 0.19. The stock has a market capitalization of $87.63 billion, a PE ratio of 20.25, a price-to-earnings-growth ratio of 1.11 and a beta of 1.77.

Royal Caribbean Cruises (NYSE:RCL) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 earnings per share for the quarter, beating the consensus estimate of $3.98 by $0.23. The company had revenue of $4.83 billion during 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%.Royal Caribbean Cruises’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter last year, the company earned $4.38 EPS. 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. On average, equities analysts forecast that Royal Caribbean Cruises Ltd. will post 17.79 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on RCL. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Royal Caribbean Cruises in a research report on Thursday, June 18th. TD Cowen dropped their target price on Royal Caribbean Cruises from $350.00 to $337.00 and set a “buy” rating on the stock in a research report on Friday, May 15th. Barclays cut their target price on Royal Caribbean Cruises from $351.00 to $340.00 and set an “overweight” rating on the stock in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft set a $296.00 price target on Royal Caribbean Cruises in a research report on Friday, May 1st. Finally, BMO Capital Markets assumed coverage on shares of Royal Caribbean Cruises in a research note on Tuesday, July 7th. They set an “outperform” rating and a $370.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, Royal Caribbean Cruises currently has an average rating of “Moderate Buy” and an average target price of $353.40.

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.