Danske Bank A S Takes $42.73 Million Position in Royal Caribbean Cruises Ltd. $RCL

Danske Bank A S purchased a new stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) during the 2nd quarter, Holdings Channel reports. The fund purchased 134,585 shares of the company’s stock, valued at approximately $42,735,000.

A number of other institutional investors have also added to or reduced their stakes in RCL. Brighton Jones LLC lifted its stake in Royal Caribbean Cruises by 12.2% in the 4th quarter. Brighton Jones LLC now owns 1,312 shares of the company’s stock valued at $303,000 after purchasing an additional 143 shares during the last quarter. Woodline Partners LP grew its stake in shares of Royal Caribbean Cruises by 40.8% during the first quarter. Woodline Partners LP now owns 20,918 shares of the company’s stock worth $4,297,000 after buying an additional 6,063 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in shares of Royal Caribbean Cruises during the second quarter worth $1,762,000. Baird Financial Group Inc. increased its holdings in shares of Royal Caribbean Cruises by 5.4% during the second quarter. Baird Financial Group Inc. now owns 4,772 shares of the company’s stock worth $1,494,000 after buying an additional 243 shares in the last quarter. Finally, Brown Advisory Inc. bought a new position in shares of Royal Caribbean Cruises in the 2nd quarter valued at $357,000. 87.53% of the stock is currently owned by institutional investors and hedge funds.

Royal Caribbean Cruises Price Performance

Shares of NYSE:RCL opened at $301.24 on Thursday. The firm has a market cap of $80.57 billion, a PE ratio of 18.62, a price-to-earnings-growth ratio of 1.02 and a beta of 1.77. The firm’s fifty day moving average is $304.47 and its 200-day moving average is $291.99. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.19 and a current ratio of 0.21. Royal Caribbean Cruises Ltd. has a 52 week low of $232.10 and a 52 week high of $366.50.

Royal Caribbean Cruises (NYSE:RCL) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 earnings per share for the quarter, topping the consensus estimate of $3.98 by $0.23. The company had revenue of $4.83 billion for 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%. Royal Caribbean Cruises’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the firm 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. Sell-side analysts predict that Royal Caribbean Cruises Ltd. will post 17.78 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on RCL shares. Deutsche Bank Aktiengesellschaft set a $296.00 price objective on Royal Caribbean Cruises in a report on Friday, May 1st. Freedom Capital cut Royal Caribbean Cruises from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 29th. BMO Capital Markets started coverage on Royal Caribbean Cruises in a research report on Tuesday, July 7th. They issued an “outperform” rating and a $370.00 target price for the company. Wells Fargo & Company increased their target price on Royal Caribbean Cruises from $361.00 to $388.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Finally, Barclays cut their price target on Royal Caribbean Cruises from $351.00 to $340.00 and set an “overweight” rating on the stock in a research note on Friday, May 1st. 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’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $353.40.

Insider Buying and Selling

In other Royal Caribbean Cruises news, CEO Michael W. Bayley sold 12,811 shares of the company’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $315.99, for a total value of $4,048,147.89. Following the sale, the chief executive officer owned 45,297 shares in the company, valued at approximately $14,313,399.03. The trade was a 22.05% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 6.44% of the company’s stock.

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.