Fiduciary Family Office LLC Sells 1,027 Shares of Royal Caribbean Cruises Ltd. $RCL

Fiduciary Family Office LLC lowered its holdings in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 26.5% in the 2nd quarter, Holdings Channel.com reports. The firm owned 2,846 shares of the company’s stock after selling 1,027 shares during the quarter. Fiduciary Family Office LLC’s holdings in Royal Caribbean Cruises were worth $891,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. DekaBank Deutsche Girozentrale lifted its holdings in shares of Royal Caribbean Cruises by 16.6% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 57,884 shares of the company’s stock worth $17,891,000 after acquiring an additional 8,235 shares during the last quarter. Drive Wealth Management LLC bought a new stake in shares of Royal Caribbean Cruises in the 2nd quarter worth about $259,000. LMG Wealth Partners LLC lifted its holdings in shares of Royal Caribbean Cruises by 13.8% in the 2nd quarter. LMG Wealth Partners LLC now owns 2,244 shares of the company’s stock worth $703,000 after acquiring an additional 272 shares during the last quarter. Liberty Square Wealth Partners LLC bought a new stake in shares of Royal Caribbean Cruises in the 2nd quarter worth about $281,000. Finally, Mezzasalma Advisors LLC lifted its holdings in shares of Royal Caribbean Cruises by 0.7% in the 2nd quarter. Mezzasalma Advisors LLC now owns 25,321 shares of the company’s stock worth $7,929,000 after acquiring an additional 167 shares during the last quarter. Institutional investors own 87.53% of the company’s stock.

Royal Caribbean Cruises Trading Up 0.9%

RCL stock opened at $302.87 on Tuesday. The company has a market capitalization of $82.27 billion, a PE ratio of 22.70, a P/E/G ratio of 0.84 and a beta of 2.08. Royal Caribbean Cruises Ltd. has a 12 month low of $164.01 and a 12 month high of $366.50. The firm’s 50-day moving average is $329.18 and its 200 day moving average is $290.10. The company has a debt-to-equity ratio of 1.88, a current ratio of 0.23 and a quick ratio of 0.21.

Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $4.38 EPS for the quarter, topping the consensus estimate of $4.04 by $0.34. The company had revenue of $4.54 billion for the quarter, compared to the consensus estimate of $4.54 billion. Royal Caribbean Cruises had a net margin of 20.97% and a return on equity of 47.15%. The firm’s revenue was up 10.4% compared to the same quarter last year. During the same quarter last year, the firm posted $3.21 EPS. Royal Caribbean Cruises has set its FY 2025 guidance at 15.410-15.550 EPS. Q3 2025 guidance at 5.550-5.650 EPS. On average, research analysts anticipate that Royal Caribbean Cruises Ltd. will post 14.9 EPS for the current year.

Royal Caribbean Cruises Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, October 13th. Shareholders of record on Thursday, September 25th were given a dividend of $1.00 per share. This is a positive change from Royal Caribbean Cruises’s previous quarterly dividend of $0.75. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $4.00 dividend on an annualized basis and a yield of 1.3%. Royal Caribbean Cruises’s payout ratio is 29.99%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on RCL shares. Mizuho lowered their target price on shares of Royal Caribbean Cruises from $372.00 to $362.00 and set an “outperform” rating for the company in a report on Monday. UBS Group raised their target price on shares of Royal Caribbean Cruises from $311.00 to $353.00 and gave the stock a “buy” rating in a report on Friday, August 8th. Sanford C. Bernstein raised their target price on shares of Royal Caribbean Cruises from $290.00 to $360.00 and gave the stock an “outperform” rating in a report on Wednesday, July 2nd. Tigress Financial raised their price target on shares of Royal Caribbean Cruises from $330.00 to $415.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Royal Caribbean Cruises in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $332.14.

Insider Buying and Selling at Royal Caribbean Cruises

In other Royal Caribbean Cruises news, Director Vagn O. Sorensen sold 10,300 shares of the firm’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $330.04, for a total transaction of $3,399,412.00. Following the transaction, the director owned 16,407 shares of the company’s stock, valued at approximately $5,414,966.28. This trade represents a 38.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Henry L. Pujol sold 5,207 shares of the firm’s stock in a transaction dated Wednesday, July 30th. The shares were sold at an average price of $329.47, for a total transaction of $1,715,550.29. Following the transaction, the chief accounting officer directly owned 7,826 shares in the company, valued at $2,578,432.22. This trade represents a 39.95% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 31,507 shares of company stock valued at $10,091,282. Company insiders own 6.95% of the company’s stock.

About Royal Caribbean Cruises

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of February 21, 2024, it operated 65 ships. Royal Caribbean Cruises Ltd.