Cibc World Market Inc. Raises Holdings in Royal Caribbean Cruises Ltd. $RCL

Cibc World Market Inc. grew its position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 43.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,741 shares of the company’s stock after purchasing an additional 12,241 shares during the period. Cibc World Market Inc.’s holdings in Royal Caribbean Cruises were worth $11,363,000 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 company. TD Asset Management Inc grew its position in shares of Royal Caribbean Cruises by 29.7% during the fourth quarter. TD Asset Management Inc now owns 877,659 shares of the company’s stock valued at $244,797,000 after purchasing an additional 201,014 shares in the last quarter. Lido Advisors LLC grew its position in shares of Royal Caribbean Cruises by 2.6% during the fourth quarter. Lido Advisors LLC now owns 7,214 shares of the company’s stock valued at $2,012,000 after purchasing an additional 182 shares in the last quarter. REAP Financial Group LLC grew its position in shares of Royal Caribbean Cruises by 16.8% during the fourth quarter. REAP Financial Group LLC now owns 243 shares of the company’s stock valued at $68,000 after purchasing an additional 35 shares in the last quarter. Avestar Capital LLC grew its position in shares of Royal Caribbean Cruises by 3.7% during the fourth quarter. Avestar Capital LLC now owns 2,627 shares of the company’s stock valued at $733,000 after purchasing an additional 93 shares in the last quarter. Finally, CIBC Asset Management Inc grew its position in shares of Royal Caribbean Cruises by 72.7% during the fourth quarter. CIBC Asset Management Inc now owns 60,573 shares of the company’s stock valued at $16,895,000 after purchasing an additional 25,491 shares in the last quarter. Hedge funds and other institutional investors own 87.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Barclays dropped their price target on Royal Caribbean Cruises from $351.00 to $340.00 and set an “overweight” rating for the company in a research report on Friday, May 1st. Wells Fargo & Company lifted their price target on Royal Caribbean Cruises from $349.00 to $360.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. TD Cowen dropped their price target on Royal Caribbean Cruises from $350.00 to $337.00 and set a “buy” rating for the company in a research report on Friday, May 15th. Deutsche Bank Aktiengesellschaft set a $296.00 price target on Royal Caribbean Cruises in a research report on Friday, May 1st. Finally, Stifel Nicolaus set a $410.00 price target on Royal Caribbean Cruises in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $344.79.

Royal Caribbean Cruises Trading Down 4.2%

RCL opened at $280.85 on Friday. The firm has a market cap of $75.33 billion, a P/E ratio of 17.14, a P/E/G ratio of 0.98 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. 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 stock has a 50-day moving average of $271.05 and a 200 day moving average of $283.13.

Royal Caribbean Cruises (NYSE:RCL) last released its quarterly earnings results on Thursday, April 30th. The company reported $3.60 EPS for the quarter, topping the consensus estimate of $3.20 by $0.40. Royal Caribbean Cruises had a return on equity of 45.25% and a net margin of 24.36%.The company had revenue of $4.45 billion during the quarter, compared to analyst estimates of $4.46 billion. During the same quarter last year, the business posted $2.71 earnings per share. The firm’s revenue was up 11.3% on a year-over-year basis. 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. As a group, research analysts forecast that Royal Caribbean Cruises Ltd. will post 17.27 EPS for the current year.

Royal Caribbean Cruises Announces Dividend

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

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.