Cibc World Market Inc. Acquires Shares of 10,863 Royal Caribbean Cruises Ltd. $RCL

Cibc World Market Inc. bought a new stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 10,863 shares of the company’s stock, valued at approximately $3,449,000.

Several other large investors also recently modified their holdings of RCL. Capital International Investors raised its stake 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 valued at $10,088,156,000 after purchasing an additional 3,215,382 shares in the last quarter. BlackRock Inc. acquired a new stake in Royal Caribbean Cruises during the second quarter worth about $6,549,422,000. Capital Research Global Investors grew its stake in Royal Caribbean Cruises by 4.8% during the fourth quarter. Capital Research Global Investors now owns 20,176,544 shares of the company’s stock worth $5,627,669,000 after buying an additional 920,042 shares in the last quarter. State Street Corp increased its holdings in Royal Caribbean Cruises by 0.8% in the 3rd quarter. State Street Corp now owns 10,576,751 shares of the company’s stock valued at $3,433,052,000 after buying an additional 84,202 shares during the period. Finally, Geode Capital Management LLC increased its holdings in Royal Caribbean Cruises by 2.3% in the 4th quarter. Geode Capital Management LLC now owns 7,054,191 shares of the company’s stock valued at $1,961,758,000 after buying an additional 155,491 shares during the period. 87.53% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Michael W. Bayley sold 12,811 shares of the stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $315.99, for a total value of $4,048,147.89. Following the completion of the transaction, the chief executive officer owned 45,297 shares of the company’s stock, valued at $14,313,399.03. This represents a 22.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 6.44% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on RCL shares. Loop Capital initiated coverage on shares of Royal Caribbean Cruises in a report on Monday, June 1st. They set a “hold” rating and a $304.00 price target for the company. Mizuho set a $380.00 price objective on shares of Royal Caribbean Cruises in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft set a $296.00 price objective on shares of Royal Caribbean Cruises in a research report on Friday, May 1st. Citigroup upped their target price on Royal Caribbean Cruises from $327.00 to $362.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Royal Caribbean Cruises in a report on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $353.40.

Royal Caribbean Cruises Stock Down 0.6%

Shares of NYSE RCL opened at $290.55 on Thursday. The company has a current ratio of 0.21, a quick ratio of 0.19 and a debt-to-equity ratio of 2.03. The company has a market cap of $77.71 billion, a price-to-earnings ratio of 17.96, a PEG ratio of 1.00 and a beta of 1.77. Royal Caribbean Cruises Ltd. has a 12 month low of $232.10 and a 12 month high of $366.50. The stock has a 50-day moving average price of $303.39 and a two-hundred day moving average price of $290.70.

Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share for the quarter, beating analysts’ consensus estimates of $3.98 by $0.23. The company had revenue of $4.83 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was up 6.5% compared to the same quarter last year. During the same period last year, the company 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. As a group, analysts forecast that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current fiscal year.

About Royal Caribbean Cruises

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.