Teachers Retirement System of The State of Kentucky Lowers Stake in Royal Caribbean Cruises Ltd. $RCL

Teachers Retirement System of The State of Kentucky lessened its stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 79.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,362 shares of the company’s stock after selling 77,060 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Royal Caribbean Cruises were worth $5,328,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. Brighton Jones LLC raised its holdings in Royal Caribbean Cruises by 12.2% in the fourth quarter. Brighton Jones LLC now owns 1,312 shares of the company’s stock worth $303,000 after purchasing an additional 143 shares in the last quarter. Woodline Partners LP boosted its holdings in shares of Royal Caribbean Cruises by 40.8% in the 1st quarter. Woodline Partners LP now owns 20,918 shares of the company’s stock valued at $4,297,000 after buying an additional 6,063 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in shares of Royal Caribbean Cruises in the 2nd quarter valued at about $1,762,000. Baird Financial Group Inc. grew its position in shares of Royal Caribbean Cruises by 5.4% in the 2nd quarter. Baird Financial Group Inc. now owns 4,772 shares of the company’s stock worth $1,494,000 after buying an additional 243 shares during the last quarter. Finally, Brown Advisory Inc. purchased a new position in shares of Royal Caribbean Cruises in the 2nd quarter worth approximately $357,000. 87.53% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Truist Financial reduced 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 research note on Friday, May 22nd. Mizuho set a $380.00 price target on shares of Royal Caribbean Cruises in a report on Friday, May 1st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Royal Caribbean Cruises in a research report on Thursday, June 18th. UBS Group decreased their price objective on Royal Caribbean Cruises from $321.00 to $309.00 and set a “buy” rating for the company in a report on Thursday, May 14th. Finally, JPMorgan Chase & Co. lowered their price objective on Royal Caribbean Cruises from $376.00 to $341.00 and set an “overweight” rating for the company in a research report on Wednesday, April 8th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $346.80.

Royal Caribbean Cruises Trading Down 2.0%

NYSE:RCL opened at $282.74 on Wednesday. The company has a market capitalization of $75.83 billion, a P/E ratio of 17.25, a PEG ratio of 1.01 and a beta of 1.76. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 1.96. Royal Caribbean Cruises Ltd. has a 12 month low of $232.10 and a 12 month high of $366.50. The firm has a fifty day simple moving average of $286.28 and a 200-day simple moving average of $288.86.

Royal Caribbean Cruises (NYSE:RCL) last released its earnings results on Thursday, April 30th. The company reported $3.60 earnings per share (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 the consensus estimate of $4.46 billion. Royal Caribbean Cruises had a return on equity of 45.25% and a net margin of 24.36%.The firm’s revenue was up 11.3% on a year-over-year basis. During the same period in the prior year, the firm earned $2.71 EPS. 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. On average, equities research analysts anticipate that Royal Caribbean Cruises Ltd. will post 17.3 earnings per share for the current year.

Royal Caribbean Cruises Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Wednesday, June 3rd were issued a $1.50 dividend. The ex-dividend date of this dividend was Wednesday, June 3rd. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.1%. Royal Caribbean Cruises’s dividend 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.