HWG Holdings LP Has $302,000 Stake in Royal Caribbean Cruises Ltd. $RCL

HWG Holdings LP lowered its holdings in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 95.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 932 shares of the company’s stock after selling 20,670 shares during the quarter. HWG Holdings LP’s holdings in Royal Caribbean Cruises were worth $302,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. increased its position in shares of Royal Caribbean Cruises by 3.2% during the second quarter. Vanguard Group Inc. now owns 29,604,177 shares of the company’s stock worth $9,270,252,000 after acquiring an additional 929,414 shares in the last quarter. State Street Corp increased its holdings in Royal Caribbean Cruises by 3.3% during the 2nd quarter. State Street Corp now owns 10,492,549 shares of the company’s stock worth $3,293,302,000 after purchasing an additional 330,770 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Royal Caribbean Cruises by 6.6% in the second quarter. Geode Capital Management LLC now owns 6,667,927 shares of the company’s stock worth $2,079,877,000 after purchasing an additional 415,230 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Royal Caribbean Cruises by 9.4% in the second quarter. Invesco Ltd. now owns 3,317,996 shares of the company’s stock valued at $1,038,997,000 after purchasing an additional 284,037 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of Royal Caribbean Cruises during the second quarter valued at approximately $1,021,893,000. Institutional investors and hedge funds own 87.53% of the company’s stock.

Royal Caribbean Cruises Price Performance

RCL opened at $300.85 on Tuesday. Royal Caribbean Cruises Ltd. has a fifty-two week low of $164.01 and a fifty-two week high of $366.50. The firm has a 50-day moving average of $276.46 and a 200 day moving average of $305.75. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.14 and a current ratio of 0.16. The firm has a market cap of $82.04 billion, a P/E ratio of 20.23, a PEG ratio of 0.88 and a beta of 1.91.

Royal Caribbean Cruises (NYSE:RCL) last announced its quarterly earnings data on Tuesday, October 28th. The company reported $5.75 EPS for the quarter, topping the consensus estimate of $5.68 by $0.07. Royal Caribbean Cruises had a net margin of 23.33% and a return on equity of 44.68%. The business had revenue of $5.14 billion for the quarter, compared to analyst estimates of $5.16 billion. During the same quarter in the previous year, the firm posted $5.20 earnings per share. The company’s revenue for the quarter was up 5.2% on a year-over-year basis. Royal Caribbean Cruises has set its FY 2025 guidance at 15.580-15.630 EPS and its Q4 2025 guidance at 2.740-2.790 EPS. On average, research analysts expect that Royal Caribbean Cruises Ltd. will post 14.9 EPS for the current year.

Royal Caribbean Cruises Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 14th. Shareholders of record on Friday, December 26th will be paid a $1.00 dividend. The ex-dividend date is Friday, December 26th. This represents a $4.00 annualized dividend and a dividend yield of 1.3%. Royal Caribbean Cruises’s payout ratio is presently 26.90%.

Royal Caribbean Cruises announced that its board has approved a stock buyback plan on Wednesday, December 10th that allows the company to buyback $2.00 billion in outstanding shares. This buyback authorization allows the company to repurchase up to 2.6% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

RCL has been the subject of a number of analyst reports. William Blair reissued an “outperform” rating on shares of Royal Caribbean Cruises in a research report on Tuesday, October 28th. Mizuho reduced 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 research note on Monday, October 20th. The Goldman Sachs Group dropped their price target on shares of Royal Caribbean Cruises from $334.00 to $275.00 and set a “buy” rating on the stock in a research report on Tuesday, December 9th. Wells Fargo & Company reduced their price objective on shares of Royal Caribbean Cruises from $320.00 to $316.00 and set an “overweight” rating for the company in a research report on Monday, December 1st. Finally, Citigroup reissued a “buy” rating on shares of Royal Caribbean Cruises in a research report on Friday, December 12th. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $324.82.

Insider Activity

In other news, Director Maritza Gomez Montiel sold 1,100 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $281.76, for a total transaction of $309,936.00. Following the transaction, the director owned 14,234 shares of the company’s stock, valued at $4,010,571.84. This represents a 7.17% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 6.95% of the stock is currently owned by insiders.

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.