Northwestern Mutual Wealth Management Co. Buys New Position in Royal Caribbean Cruises Ltd. $RCL

Northwestern Mutual Wealth Management Co. bought a new stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) during the second quarter, HoldingsChannel.com reports. The fund bought 12,126 shares of the company’s stock, valued at approximately $3,851,000.

Other hedge funds also recently modified their holdings of the company. Pinnacle Wealth Management Advisory Group LLC raised its position in shares of Royal Caribbean Cruises by 1.2% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,485 shares of the company’s stock valued at $693,000 after buying an additional 30 shares during the last quarter. AlphaStar Capital Management LLC boosted its position in Royal Caribbean Cruises by 4.1% during the fourth quarter. AlphaStar Capital Management LLC now owns 779 shares of the company’s stock worth $217,000 after acquiring an additional 31 shares during the last quarter. Kestra Investment Management LLC grew its stake in Royal Caribbean Cruises by 2.6% in the 4th 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 stake in Royal Caribbean Cruises by 2.9% in the 4th 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 raised its holdings in Royal Caribbean Cruises by 16.8% in the 4th quarter. REAP Financial Group LLC now owns 243 shares of the company’s stock valued at $68,000 after acquiring an additional 35 shares during the last quarter. 87.53% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Royal Caribbean Cruises

In related news, CEO Michael W. Bayley sold 12,811 shares of the stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $315.99, for a total value of $4,048,147.89. Following the completion of the sale, the chief executive officer directly owned 45,297 shares in the company, valued at approximately $14,313,399.03. This represents a 22.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 6.44% of the company’s stock.

Royal Caribbean Cruises Trading Up 0.5%

Shares of RCL stock opened at $293.34 on Tuesday. The company has a quick ratio of 0.19, a current ratio of 0.21 and a debt-to-equity ratio of 2.03. Royal Caribbean Cruises Ltd. has a fifty-two week low of $232.10 and a fifty-two week high of $366.50. The firm’s 50 day moving average price is $304.02 and its two-hundred day moving average price is $291.20. The stock has a market cap of $78.45 billion, a price-to-earnings ratio of 18.13, a price-to-earnings-growth ratio of 1.00 and a beta of 1.77.

Royal Caribbean Cruises (NYSE:RCL) last released its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 earnings per share (EPS) for the quarter, topping 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 company had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.82 billion. During the same quarter in the prior year, the business earned $4.38 earnings per share. The business’s quarterly 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. On average, analysts anticipate that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. TD Cowen decreased their price objective on Royal Caribbean Cruises from $350.00 to $337.00 and set a “buy” rating on the stock in a report on Friday, May 15th. UBS Group reiterated a “buy” rating and issued a $367.00 target price on shares of Royal Caribbean Cruises in a research note on Monday, August 3rd. BMO Capital Markets started coverage on Royal Caribbean Cruises in a research report on Tuesday, July 7th. They set an “outperform” rating and a $370.00 target price on the stock. Stifel Nicolaus raised their price target on Royal Caribbean Cruises from $410.00 to $415.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Finally, Morgan Stanley raised their price target on Royal Caribbean Cruises from $280.00 to $300.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 30th. One research 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 data from MarketBeat, Royal Caribbean Cruises presently has an average rating of “Moderate Buy” and a consensus price target 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.