Varma Mutual Pension Insurance Co Acquires Shares of 41,254 Royal Caribbean Cruises Ltd. $RCL

Varma Mutual Pension Insurance Co acquired a new stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 41,254 shares of the company’s stock, valued at approximately $13,099,000.

Several other large investors have also made changes to their positions in RCL. BlackRock Inc. purchased a new stake in Royal Caribbean Cruises in the 2nd quarter worth $6,549,422,000. Capital International Investors lifted its holdings 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 valued at $10,088,156,000 after purchasing an additional 3,215,382 shares in the last quarter. Norges Bank purchased a new position in Royal Caribbean Cruises during the fourth quarter valued at $456,752,000. Bank of New York Mellon Corp purchased a new position in Royal Caribbean Cruises during the second quarter valued at $381,271,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Royal Caribbean Cruises by 25,747.4% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,202,161 shares of the company’s stock valued at $335,307,000 after purchasing an additional 1,197,510 shares during the period. 87.53% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

RCL has been the subject of several research analyst reports. UBS Group restated a “buy” rating and set a $367.00 price target on shares of Royal Caribbean Cruises in a research report on Monday, August 3rd. Loop Capital began coverage on Royal Caribbean Cruises in a report on Monday, June 1st. They issued a “hold” rating and a $304.00 price objective on the stock. Truist Financial cut their price objective on Royal Caribbean Cruises from $318.00 to $297.00 and set a “hold” rating for the company in a research note on Friday, May 22nd. Wells Fargo & Company raised their target price on Royal Caribbean Cruises from $361.00 to $388.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Finally, Morgan Stanley boosted their price target on Royal Caribbean Cruises from $280.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $353.40.

Royal Caribbean Cruises Stock Up 0.1%

NYSE RCL opened at $292.29 on Monday. Royal Caribbean Cruises Ltd. has a 52 week low of $232.10 and a 52 week high of $366.50. The company has a quick ratio of 0.19, a current ratio of 0.21 and a debt-to-equity ratio of 2.03. The business’s fifty day simple moving average is $304.42 and its 200-day simple moving average is $291.43. The firm has a market cap of $78.17 billion, a PE ratio of 18.06, a P/E/G ratio of 1.00 and a beta of 1.77.

Royal Caribbean Cruises (NYSE:RCL) last announced its quarterly earnings results 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. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. The firm had revenue of $4.83 billion for the quarter, compared to analysts’ expectations of $4.82 billion. During the same quarter in the previous year, the company posted $4.38 EPS. The company’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. As a group, equities analysts anticipate that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current year.

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 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 transaction, the chief executive officer directly owned 45,297 shares in the company, 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 SEC, which is available through the SEC website. 6.44% of the stock is owned by insiders.

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.