Corient Private Wealth LP Acquires New Stake in Royal Caribbean Cruises Ltd. $RCL

Corient Private Wealth LP bought a new position in Royal Caribbean Cruises Ltd. (NYSE:RCL) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 50,009 shares of the company’s stock, valued at approximately $15,881,000.

A number of other large investors have also made changes to their positions in the company. BlackRock Inc. bought a new position in shares of Royal Caribbean Cruises in the 2nd quarter worth approximately $6,549,422,000. Capital International Investors grew its position in Royal Caribbean Cruises by 9.8% during the fourth quarter. Capital International Investors now owns 36,165,358 shares of the company’s stock valued at $10,088,156,000 after buying an additional 3,215,382 shares during the period. Primecap Management Co. CA bought a new stake in Royal Caribbean Cruises during the second quarter valued at approximately $669,804,000. Jupiter Topco LLC purchased a new stake in Royal Caribbean Cruises during the second quarter valued at approximately $597,350,000. Finally, Norges Bank purchased a new stake in Royal Caribbean Cruises during the fourth quarter valued at approximately $456,752,000. 87.53% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on RCL. Wells Fargo & Company increased their price target on shares of Royal Caribbean Cruises from $361.00 to $388.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. UBS Group restated a “buy” rating and issued a $367.00 price objective on shares of Royal Caribbean Cruises in a research note on Monday, August 3rd. TD Cowen decreased their target price on Royal Caribbean Cruises from $350.00 to $337.00 and set a “buy” rating on the stock in a report on Friday, May 15th. Morgan Stanley lifted their target price on Royal Caribbean Cruises from $280.00 to $300.00 and gave the company an “equal weight” rating in a research report on Thursday, July 30th. Finally, Mizuho set a $380.00 price target on Royal Caribbean Cruises in a report on Friday, May 1st. One investment 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’s stock. According to MarketBeat.com, Royal Caribbean Cruises currently has a consensus rating of “Moderate Buy” and an average price target of $353.40.

Royal Caribbean Cruises Price Performance

Shares of NYSE:RCL opened at $279.93 on Friday. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.21 and a quick ratio of 0.19. Royal Caribbean Cruises Ltd. has a 1-year low of $232.10 and a 1-year high of $366.50. The company has a market capitalization of $74.87 billion, a P/E ratio of 17.30, a P/E/G ratio of 0.97 and a beta of 1.77. The firm’s 50 day simple moving average is $302.18 and its two-hundred day simple moving average is $290.18.

Royal Caribbean Cruises (NYSE:RCL) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 earnings per share (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 analysts’ expectations of $4.82 billion. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. The company’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period in the prior 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. Research analysts expect that Royal Caribbean Cruises Ltd. will post 17.78 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Michael W. Bayley sold 12,811 shares of the company’s stock in a transaction 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 approximately $14,313,399.03. This represents a 22.05% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 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.