Canada Pension Plan Investment Board Buys Shares of 52,659 Royal Caribbean Cruises Ltd. $RCL

Canada Pension Plan Investment Board bought a new stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 52,659 shares of the company’s stock, valued at approximately $16,721,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC boosted its position in shares of Royal Caribbean Cruises by 12.2% during the 4th quarter. Brighton Jones LLC now owns 1,312 shares of the company’s stock worth $303,000 after acquiring an additional 143 shares in the last quarter. Woodline Partners LP raised its position in Royal Caribbean Cruises by 40.8% during the first quarter. Woodline Partners LP now owns 20,918 shares of the company’s stock valued at $4,297,000 after purchasing an additional 6,063 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in Royal Caribbean Cruises during the second quarter valued at approximately $1,762,000. Baird Financial Group Inc. lifted its stake in 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 purchasing an additional 243 shares during the last quarter. Finally, Brown Advisory Inc. bought a new stake in Royal Caribbean Cruises during the second quarter worth $357,000. Institutional investors own 87.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on RCL. Citigroup raised their target price on Royal Caribbean Cruises from $327.00 to $362.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Barclays cut their target price on shares of Royal Caribbean Cruises from $351.00 to $340.00 and set an “overweight” rating on the stock in a research report on Friday, May 1st. Morgan Stanley boosted their target price on shares of Royal Caribbean Cruises from $280.00 to $300.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 30th. Freedom Capital downgraded shares of Royal Caribbean Cruises from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft set a $296.00 price target on Royal Caribbean Cruises in a research note on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Royal Caribbean Cruises presently has an average rating of “Moderate Buy” and an average target price of $353.40.

Insider Activity

In other news, CEO Michael W. Bayley sold 12,811 shares of the firm’s stock in a transaction 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 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 6.44% of the company’s stock.

Royal Caribbean Cruises Stock Performance

Royal Caribbean Cruises stock opened at $279.93 on Friday. The business has a 50 day moving average of $302.18 and a 200-day moving average of $290.18. Royal Caribbean Cruises Ltd. has a 1 year low of $232.10 and a 1 year high of $366.50. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.21 and a quick ratio of 0.19. 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.

Royal Caribbean Cruises (NYSE:RCL) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.98 by $0.23. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. The business had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.82 billion. During the same quarter last year, the business earned $4.38 EPS. The firm’s quarterly revenue was up 6.5% on a year-over-year basis. 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. On average, equities research analysts predict 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.