UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Cuts Stake in Royal Caribbean Cruises Ltd. $RCL

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 98.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 22,057 shares of the company’s stock after selling 1,262,300 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Royal Caribbean Cruises were worth $7,004,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. New Mexico Educational Retirement Board boosted its holdings in shares of Royal Caribbean Cruises by 8.7% in the 2nd quarter. New Mexico Educational Retirement Board now owns 12,450 shares of the company’s stock valued at $3,953,000 after purchasing an additional 1,000 shares during the last quarter. Mufg Securities Americas Inc. increased its holdings in shares of Royal Caribbean Cruises by 7.9% during the 2nd quarter. Mufg Securities Americas Inc. now owns 7,513 shares of the company’s stock worth $2,386,000 after buying an additional 551 shares during the last quarter. Van ECK Associates Corp raised its position in shares of Royal Caribbean Cruises by 1,388.7% in the 2nd quarter. Van ECK Associates Corp now owns 43,454 shares of the company’s stock worth $13,798,000 after buying an additional 40,535 shares during the period. Nissay Asset Management Corp Japan acquired a new position in Royal Caribbean Cruises in the second quarter valued at $44,965,000. Finally, Field & Main Bank purchased a new stake in Royal Caribbean Cruises during the second quarter valued at about $195,000. Hedge funds and other institutional investors own 87.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Truist Financial reduced their price objective on Royal Caribbean Cruises from $318.00 to $297.00 and set a “hold” rating on the stock in a research note on Friday, May 22nd. Stifel Nicolaus increased their target price on shares of Royal Caribbean Cruises from $410.00 to $415.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. William Blair restated an “outperform” rating on shares of Royal Caribbean Cruises in a report on Tuesday, July 28th. TD Cowen reduced their price target on shares of Royal Caribbean Cruises from $350.00 to $337.00 and set a “buy” rating on the stock in a research report on Friday, May 15th. Finally, Susquehanna increased their price objective on shares of Royal Caribbean Cruises from $350.00 to $372.00 and gave the stock a “positive” rating in a research report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $353.40.

Royal Caribbean Cruises Price Performance

RCL opened at $265.02 on Tuesday. The company has a fifty day simple moving average of $295.94 and a 200 day simple moving average of $287.09. The firm has a market cap of $70.88 billion, a price-to-earnings ratio of 16.38, a PEG ratio of 0.95 and a beta of 1.74. Royal Caribbean Cruises Ltd. has a twelve month low of $232.10 and a twelve month high of $362.79. The company has a current ratio of 0.21, a quick ratio of 0.19 and a debt-to-equity ratio of 2.03.

Royal Caribbean Cruises (NYSE:RCL) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 EPS for the quarter, topping analysts’ consensus estimates of $3.98 by $0.23. The firm had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.82 billion. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. The firm’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.38 EPS. Royal Caribbean Cruises has set its FY 2026 guidance at 17.730-17.870 EPS and its Q3 2026 guidance at 6.260-6.360 EPS. Equities research analysts expect that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current fiscal year.

Royal Caribbean Cruises Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Thursday, September 17th will be paid a $1.50 dividend. The ex-dividend date is Thursday, September 17th. This represents a $6.00 annualized dividend and a dividend yield of 2.3%. Royal Caribbean Cruises’s payout ratio is 37.08%.

Insider Buying and Selling

In other Royal Caribbean Cruises news, CEO Michael Bayley sold 12,811 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $315.99, for a total transaction of $4,048,147.89. Following the completion of the sale, the chief executive officer owned 45,297 shares in the company, valued at $14,313,399.03. This trade represents a 22.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 6.44% of the company’s stock.

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.