Mediolanum International Funds Ltd Boosts Stake in Royal Caribbean Cruises Ltd. $RCL

Mediolanum International Funds Ltd raised its stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 8.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 30,711 shares of the company’s stock after buying an additional 2,344 shares during the quarter. Mediolanum International Funds Ltd’s holdings in Royal Caribbean Cruises were worth $8,027,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of RCL. Dougherty & Associates LLC purchased a new position in Royal Caribbean Cruises during the fourth quarter worth about $10,827,000. TD Asset Management Inc grew its holdings in Royal Caribbean Cruises by 29.7% in the 4th quarter. TD Asset Management Inc now owns 877,659 shares of the company’s stock valued at $244,797,000 after buying an additional 201,014 shares during the period. North Dakota State Investment Board purchased a new stake in Royal Caribbean Cruises in the 4th quarter valued at about $2,424,000. Stanley Laman Group Ltd. acquired a new position in shares of Royal Caribbean Cruises during the 4th quarter valued at about $2,159,000. Finally, Capital International Sarl lifted its holdings in shares of Royal Caribbean Cruises by 19.3% during the 4th quarter. Capital International Sarl now owns 363,713 shares of the company’s stock worth $101,447,000 after acquiring an additional 58,734 shares during the period. Hedge funds and other institutional investors own 87.53% of the company’s stock.

Royal Caribbean Cruises Stock Down 0.1%

Shares of NYSE:RCL opened at $286.58 on Tuesday. The stock has a 50-day simple moving average of $287.36 and a 200-day simple moving average of $288.97. The stock has a market capitalization of $76.86 billion, a P/E ratio of 17.48, a PEG ratio of 1.02 and a beta of 1.76. Royal Caribbean Cruises Ltd. has a 1 year low of $232.10 and a 1 year high of $366.50. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.17 and a current ratio of 0.20.

Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings results on Thursday, April 30th. The company reported $3.60 EPS for the quarter, beating the consensus estimate of $3.20 by $0.40. The firm had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.46 billion. Royal Caribbean Cruises had a net margin of 24.36% and a return on equity of 45.25%. Royal Caribbean Cruises’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter last year, the firm posted $2.71 earnings per share. 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. Equities analysts forecast that Royal Caribbean Cruises Ltd. will post 17.29 earnings per share for the current year.

Royal Caribbean Cruises Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Wednesday, June 3rd were paid a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Wednesday, June 3rd. Royal Caribbean Cruises’s dividend payout ratio (DPR) is currently 36.61%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Loop Capital initiated coverage on shares of Royal Caribbean Cruises in a research report on Monday, June 1st. They issued a “hold” rating and a $304.00 target price on the stock. UBS Group dropped their price target on shares of Royal Caribbean Cruises from $321.00 to $309.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. JPMorgan Chase & Co. cut their price target on shares of Royal Caribbean Cruises from $376.00 to $341.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 8th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Royal Caribbean Cruises in a report on Thursday, June 18th. Finally, TD Cowen lowered their price objective on shares of Royal Caribbean Cruises from $350.00 to $337.00 and set a “buy” rating for the company in a research note on Friday, May 15th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $346.80.

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.