NEOS Investment Management LLC Buys 4,542 Shares of Royal Caribbean Cruises Ltd. $RCL

NEOS Investment Management LLC grew its stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 12.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,006 shares of the company’s stock after buying an additional 4,542 shares during the period. NEOS Investment Management LLC’s holdings in Royal Caribbean Cruises were worth $13,021,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Capital International Investors increased its stake in Royal Caribbean Cruises by 9.8% in the fourth quarter. Capital International Investors now owns 36,165,358 shares of the company’s stock valued at $10,088,156,000 after acquiring an additional 3,215,382 shares during the last quarter. BlackRock Inc. bought a new stake in Royal Caribbean Cruises during the second quarter worth about $6,549,422,000. Capital Research Global Investors boosted 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 purchasing an additional 920,042 shares in the last quarter. State Street Corp increased its position in shares of Royal Caribbean Cruises by 0.8% during the 3rd quarter. State Street Corp now owns 10,576,751 shares of the company’s stock valued at $3,433,052,000 after purchasing an additional 84,202 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Royal Caribbean Cruises by 2.3% during the 4th quarter. Geode Capital Management LLC now owns 7,054,191 shares of the company’s stock valued at $1,961,758,000 after buying an additional 155,491 shares in the last quarter. Institutional investors own 87.53% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Michael Bayley sold 12,811 shares of Royal Caribbean Cruises stock in a transaction that occurred 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 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 6.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on RCL shares. Susquehanna increased their price target on shares of Royal Caribbean Cruises from $350.00 to $372.00 and gave the company a “positive” rating in a research report on Wednesday, July 29th. Truist Financial lowered their price objective on shares of Royal Caribbean Cruises from $318.00 to $297.00 and set a “hold” rating for the company in a report on Friday, May 22nd. Weiss Ratings cut shares of Royal Caribbean Cruises from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday. Freedom Capital lowered shares of Royal Caribbean Cruises from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 29th. Finally, UBS Group reiterated a “buy” rating and issued a $367.00 target price on shares of Royal Caribbean Cruises in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $353.40.

Royal Caribbean Cruises Trading Down 0.2%

Shares of RCL opened at $265.02 on Friday. The stock has a market capitalization of $70.88 billion, a P/E ratio of 16.38, a PEG ratio of 0.95 and a beta of 1.74. Royal Caribbean Cruises Ltd. has a twelve month low of $232.10 and a twelve month high of $362.79. 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 firm has a fifty day simple moving average of $297.09 and a two-hundred day simple moving average of $287.72.

Royal Caribbean Cruises (NYSE:RCL) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 EPS for the quarter, beating the consensus estimate of $3.98 by $0.23. The firm had revenue of $4.83 billion during the quarter, compared to the consensus estimate of $4.82 billion. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. The company’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.38 earnings per share. 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 anticipate that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current year.

Royal Caribbean Cruises Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Thursday, September 17th will be given a dividend of $1.50 per share. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $6.00 dividend on an annualized basis and a yield of 2.3%. Royal Caribbean Cruises’s dividend payout ratio is presently 37.08%.

About Royal Caribbean Cruises

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.