Royal Caribbean Cruises Ltd. $RCL Shares Purchased by Prudential PLC

by · The Markets Daily

Prudential PLC raised its position in Royal Caribbean Cruises Ltd. (NYSE:RCL – Free Report) by 549.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,713 shares of the company’s stock after purchasing an additional 30,218 shares during the quarter. Prudential PLC’s holdings in Royal Caribbean Cruises were worth $9,961,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RCL. Norges Bank purchased a new stake in Royal Caribbean Cruises in the fourth quarter valued at approximately $456,752,000. Nordea Investment Management AB raised its position in Royal Caribbean Cruises by 135.0% in the fourth quarter. Nordea Investment Management AB now owns 1,306,784 shares of the company’s stock valued at $366,925,000 after purchasing an additional 750,723 shares during the period. Ameriprise Financial Inc. raised its position in Royal Caribbean Cruises by 163.7% in the third quarter. Ameriprise Financial Inc. now owns 1,101,544 shares of the company’s stock valued at $356,515,000 after purchasing an additional 683,896 shares during the period. TD Asset Management Inc raised its position in Royal Caribbean Cruises by 560.9% in the third quarter. TD Asset Management Inc now owns 676,645 shares of the company’s stock valued at $218,949,000 after purchasing an additional 574,256 shares during the period. Finally, Vanguard Group Inc. raised its position in Royal Caribbean Cruises by 1.6% in the third quarter. Vanguard Group Inc. now owns 30,066,167 shares of the company’s stock valued at $9,728,810,000 after purchasing an additional 461,990 shares during the period. Hedge funds and other institutional investors own 87.53% of the company’s stock.

Royal Caribbean Cruises Stock Performance

Shares of RCL stock opened at $280.85 on Friday. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 1.96. The firm has a fifty day moving average price of $271.05 and a 200 day moving average price of $283.13. The company has a market cap of $75.33 billion, a P/E ratio of 17.14, a PEG ratio of 1.03 and a beta of 1.77. Royal Caribbean Cruises Ltd. has a 12 month low of $232.10 and a 12 month high of $366.50.

Royal Caribbean Cruises (NYSE:RCL – Get Free Report) last issued its earnings results on Thursday, April 30th. The company reported $3.60 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $4.46 billion. During the same quarter in the previous year, the firm posted $2.71 earnings per share. 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. Sell-side analysts predict that Royal Caribbean Cruises Ltd. will post 17.27 earnings per share for the current fiscal year.

Royal Caribbean Cruises Announces Dividend

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

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Citigroup cut their target price on Royal Caribbean Cruises from $377.00 to $348.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. Weiss Ratings reissued a “buy (b-)” rating on shares of Royal Caribbean Cruises in a research report on Wednesday, March 25th. Wells Fargo & Company boosted their target price on Royal Caribbean Cruises from $349.00 to $360.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Zacks Research lowered Royal Caribbean Cruises from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 20th. Finally, UBS Group cut their price objective on Royal Caribbean Cruises from $321.00 to $309.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $344.79.

Check Out Our Latest Report on RCL

About Royal Caribbean Cruises

(Free Report)

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.

See Also

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