E Fund Management Co. Ltd. Takes $1.99 Million Position in Royal Caribbean Cruises Ltd. $RCL

E Fund Management Co. Ltd. purchased a new stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 6,258 shares of the company’s stock, valued at approximately $1,987,000.

A number of other institutional investors also recently bought and sold shares of the stock. Capital International Investors boosted its stake in Royal Caribbean Cruises by 9.8% during the fourth quarter. Capital International Investors now owns 36,165,358 shares of the company’s stock worth $10,088,156,000 after buying an additional 3,215,382 shares during the period. Vanguard Group Inc. raised its stake in shares of Royal Caribbean Cruises by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 30,253,450 shares of the company’s stock valued at $8,438,292,000 after acquiring an additional 187,283 shares during the period. BlackRock Inc. purchased a new stake in shares of Royal Caribbean Cruises in the second quarter valued at $6,549,422,000. Capital Research Global Investors lifted its holdings in shares of Royal Caribbean Cruises by 4.8% in the 4th quarter. Capital Research Global Investors now owns 20,176,544 shares of the company’s stock worth $5,627,669,000 after acquiring an additional 920,042 shares during the last quarter. Finally, State Street Corp lifted its holdings in shares of Royal Caribbean Cruises by 0.8% in the 3rd quarter. State Street Corp now owns 10,576,751 shares of the company’s stock worth $3,433,052,000 after acquiring an additional 84,202 shares during the last quarter. 87.53% of the stock is currently owned by institutional investors.

Royal Caribbean Cruises Trading Up 0.4%

Shares of RCL opened at $301.24 on Thursday. Royal Caribbean Cruises Ltd. has a 1-year low of $232.10 and a 1-year high of $366.50. The company has a 50-day moving average of $304.47 and a 200 day moving average of $291.99. The firm has a market capitalization of $80.57 billion, a price-to-earnings ratio of 18.62, a PEG ratio of 1.02 and a beta of 1.77. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.21 and a quick ratio of 0.19.

Royal Caribbean Cruises (NYSE:RCL) last issued its earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share for the quarter, topping the consensus estimate of $3.98 by $0.23. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.The business had revenue of $4.83 billion during the quarter, compared to analysts’ expectations of $4.82 billion. During the same period in the prior year, the business earned $4.38 EPS. The business’s revenue for the quarter 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. On average, research analysts expect that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current year.

Analyst Ratings Changes

Several brokerages recently commented on RCL. Zacks Research upgraded shares of Royal Caribbean Cruises from a “strong sell” rating to a “hold” rating in a report on Thursday, June 18th. Citigroup raised their price objective on shares of Royal Caribbean Cruises from $327.00 to $362.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. BMO Capital Markets initiated coverage on Royal Caribbean Cruises in a research report on Tuesday, July 7th. They set an “outperform” rating and a $370.00 target price for the company. Wells Fargo & Company upped their target price on Royal Caribbean Cruises from $361.00 to $388.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Finally, Truist Financial reduced their price target on Royal Caribbean Cruises from $318.00 to $297.00 and set a “hold” rating on the stock in a report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $353.40.

Insiders Place Their Bets

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

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.