PCM Encore LLC Invests $937,000 in Royal Caribbean Cruises Ltd. $RCL

PCM Encore LLC acquired a new stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 2,950 shares of the company’s stock, valued at approximately $937,000.

Other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in Royal Caribbean Cruises during the 2nd quarter valued at about $6,549,422,000. Capital International Investors boosted its holdings in Royal Caribbean Cruises by 9.8% in the fourth quarter. Capital International Investors now owns 36,165,358 shares of the company’s stock worth $10,088,156,000 after acquiring an additional 3,215,382 shares in the last quarter. Norges Bank acquired a new stake in Royal Caribbean Cruises in the fourth quarter worth about $456,752,000. Bank of New York Mellon Corp purchased a new stake in shares of Royal Caribbean Cruises during the second quarter worth about $381,271,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Royal Caribbean Cruises by 25,747.4% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,202,161 shares of the company’s stock worth $335,307,000 after acquiring an additional 1,197,510 shares during the last quarter. Institutional investors and hedge funds own 87.53% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. BMO Capital Markets assumed coverage on shares of Royal Caribbean Cruises in a report on Tuesday, July 7th. They set an “outperform” rating and a $370.00 price objective on the stock. Loop Capital initiated coverage on shares of Royal Caribbean Cruises in a research report on Monday, June 1st. They set a “hold” rating and a $304.00 target price on the stock. Citigroup upped their price target on shares of Royal Caribbean Cruises from $327.00 to $362.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. William Blair reaffirmed an “outperform” rating on shares of Royal Caribbean Cruises in a report on Tuesday, July 28th. Finally, Susquehanna lifted 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 note on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $353.40.

Insider Transactions at Royal Caribbean Cruises

In other Royal Caribbean Cruises news, CEO Michael W. Bayley sold 12,811 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $315.99, for a total transaction of $4,048,147.89. Following the completion of the transaction, the chief executive officer directly owned 45,297 shares of the company’s stock, valued at approximately $14,313,399.03. This trade represents a 22.05% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 6.44% of the company’s stock.

Royal Caribbean Cruises Stock Down 4.4%

Shares of RCL stock opened at $287.35 on Friday. Royal Caribbean Cruises Ltd. has a fifty-two week low of $232.10 and a fifty-two week high of $366.50. The firm has a market capitalization of $76.85 billion, a PE ratio of 17.76, a P/E/G ratio of 1.03 and a beta of 1.77. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.19 and a current ratio of 0.21. The stock’s 50-day simple moving average is $304.45 and its 200-day simple moving average is $291.73.

Royal Caribbean Cruises (NYSE:RCL) last released its earnings results 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 during the quarter, compared to the consensus estimate of $4.82 billion. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.The company’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.38 earnings per share. 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 analysts expect that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current year.

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.