Panagora Asset Management Inc. Boosts Stock Holdings in Royal Caribbean Cruises Ltd. $RCL

Panagora Asset Management Inc. grew its position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 8.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 133,549 shares of the company’s stock after purchasing an additional 10,558 shares during the quarter. Panagora Asset Management Inc.’s holdings in Royal Caribbean Cruises were worth $37,249,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Pinnacle Wealth Management Advisory Group LLC boosted its holdings in Royal Caribbean Cruises by 1.2% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,485 shares of the company’s stock worth $693,000 after acquiring an additional 30 shares during the last quarter. AlphaStar Capital Management LLC boosted its holdings in Royal Caribbean Cruises by 4.1% during the 4th 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 boosted its holdings in Royal Caribbean Cruises by 2.6% during 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 last quarter. Waterloo Capital L.P. boosted its holdings in Royal Caribbean Cruises by 2.9% during 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 last quarter. Finally, REAP Financial Group LLC boosted its holdings in shares of Royal Caribbean Cruises by 16.8% in the 4th quarter. REAP Financial Group LLC now owns 243 shares of the company’s stock worth $68,000 after buying an additional 35 shares during the last quarter. 87.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

RCL has been the topic of a number of research analyst reports. Loop Capital initiated coverage on shares of Royal Caribbean Cruises in a report on Monday, June 1st. They issued a “hold” rating and a $304.00 price target on the stock. Wells Fargo & Company boosted their price target on shares of Royal Caribbean Cruises from $349.00 to $360.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Freedom Capital raised shares of Royal Caribbean Cruises to a “strong-buy” rating in a report on Wednesday, June 3rd. Morgan Stanley cut their price target on shares of Royal Caribbean Cruises from $310.00 to $280.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 26th. Finally, Barclays cut their price target on shares of Royal Caribbean Cruises from $351.00 to $340.00 and set an “overweight” rating on the stock in a report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $344.79.

Royal Caribbean Cruises Trading Up 6.4%

Shares of Royal Caribbean Cruises stock opened at $313.24 on Tuesday. Royal Caribbean Cruises Ltd. has a 52-week low of $232.10 and a 52-week high of $366.50. The stock’s 50-day simple moving average is $272.84 and its 200 day simple moving average is $284.60. The stock has a market capitalization of $84.01 billion, a P/E ratio of 19.11, a P/E/G ratio of 1.03 and a beta of 1.77. 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 announced its quarterly earnings data on Thursday, April 30th. The company reported $3.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business had revenue of $4.45 billion for the quarter, compared to analysts’ expectations of $4.46 billion. During the same period in the previous year, the business posted $2.71 EPS. The firm’s quarterly revenue was up 11.3% compared to the same quarter last year. 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 anticipate that Royal Caribbean Cruises Ltd. will post 17.27 EPS for the current year.

Royal Caribbean Cruises Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Wednesday, June 3rd will be paid a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Wednesday, June 3rd. Royal Caribbean Cruises’s payout ratio is currently 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.