Janney Montgomery Scott LLC raised its stake in Royal Caribbean Cruises Ltd. (NYSE:RCL – Free Report) by 12.1% during the first quarter, HoldingsChannel reports. The institutional investor owned 72,005 shares of the company’s stock after purchasing an additional 7,746 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Royal Caribbean Cruises were worth $19,814,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of RCL. Montag A & Associates Inc. boosted its position in shares of Royal Caribbean Cruises by 184.4% during the 4th quarter. Montag A & Associates Inc. now owns 91 shares of the company’s stock worth $25,000 after purchasing an additional 59 shares during the period. Ares Financial Consulting LLC purchased a new stake in Royal Caribbean Cruises in the fourth quarter valued at approximately $26,000. University of Texas Texas AM Investment Management Co. purchased a new stake in Royal Caribbean Cruises in the fourth quarter valued at approximately $26,000. Kemnay Advisory Services Inc. purchased a new position in shares of Royal Caribbean Cruises during the fourth quarter worth $27,000. Finally, Quattro Advisors LLC acquired a new stake in shares of Royal Caribbean Cruises in the fourth quarter valued at $27,000. Hedge funds and other institutional investors own 87.53% of the company’s stock.
Royal Caribbean Cruises Trading Down 1.2%
NYSE RCL opened at $317.53 on Wednesday. Royal Caribbean Cruises Ltd. has a 52 week low of $232.10 and a 52 week high of $366.50. The firm has a 50 day moving average of $281.20 and a two-hundred day moving average of $288.75. The stock has a market capitalization of $85.16 billion, a PE ratio of 19.37, a price-to-earnings-growth ratio of 1.13 and a beta of 1.77. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 1.96.
Royal Caribbean Cruises Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Wednesday, June 3rd will be given a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Wednesday, June 3rd. Royal Caribbean Cruises’s dividend payout ratio (DPR) is 36.61%.
Key Royal Caribbean Cruises News
Here are the key news stories impacting Royal Caribbean Cruises this week:
- Positive Sentiment: Celebrity River Cruises, part of Royal Caribbean’s broader portfolio, announced new “Before and After Stays” in Prague, Budapest, Amsterdam, and Lausanne, expanding its European cruise experience and adding more bookable travel options. Article Title
- Positive Sentiment: Several market write-ups continue to frame Royal Caribbean as a high-quality leisure stock with strong margins and global reach, reinforcing its premium position versus peers. Article Title
- Neutral Sentiment: Commentary comparing Royal Caribbean with Carnival suggests the cruise trade has become more fragmented, with investors focusing on relative execution rather than the sector as a whole. Article Title
- Negative Sentiment: A separate report says Royal Caribbean faces a “Mexico problem,” pointing to potential itinerary and destination-related headwinds that could weigh on bookings or route flexibility. Article Title
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on the company. Mizuho set a $380.00 price objective on Royal Caribbean Cruises in a report on Friday, May 1st. Wells Fargo & Company boosted their price target on shares of Royal Caribbean Cruises from $360.00 to $361.00 and gave the stock an “overweight” rating in a research note on Monday, June 22nd. Weiss Ratings reissued a “buy (b-)” rating on shares of Royal Caribbean Cruises in a research report on Thursday, June 18th. Morgan Stanley lowered their price objective on shares of Royal Caribbean Cruises from $310.00 to $280.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 26th. Finally, Citigroup increased their target price on shares of Royal Caribbean Cruises from $348.00 to $362.00 and gave the stock a “buy” rating in a report on Tuesday, June 16th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Royal Caribbean Cruises has an average rating of “Moderate Buy” and a consensus target price of $345.58.
Get Our Latest Report on Royal Caribbean Cruises
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.
See Also
- Five stocks we like better than Royal Caribbean Cruises
- NextEra’s Dominion Deal Could Put It at the Center of the AI Power Race
- Amazon Could Be About to Reap the Rewards of a Software Spending Boom
- Best Buy’s Turnaround Is Gaining Traction, But Wall Street Still Needs Proof
- AI Fears Hit Nebius Stock, But Has the Growth Thesis Changed?
Want to see what other hedge funds are holding RCL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Royal Caribbean Cruises Ltd. (NYSE:RCL – Free Report).
Receive News & Ratings for Royal Caribbean Cruises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Caribbean Cruises and related companies with MarketBeat.com's FREE daily email newsletter.
