Pin Oak Investment Advisors Inc. Sells 3,706 Shares of Royal Caribbean Cruises Ltd. $RCL

Pin Oak Investment Advisors Inc. reduced its stake in Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) by 97.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 100 shares of the company's stock after selling 3,706 shares during the period. Pin Oak Investment Advisors Inc.'s holdings in Royal Caribbean Cruises were worth $31,000 at the end of the most recent reporting period.

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Several other hedge funds and other institutional investors have also recently bought and sold shares of RCL. Frazier Financial Advisors LLC grew its holdings in shares of Royal Caribbean Cruises by 27.1% in the second quarter. Frazier Financial Advisors LLC now owns 136 shares of the company's stock worth $43,000 after purchasing an additional 29 shares during the last quarter. Prosperity Financial Group Inc. grew its holdings in Royal Caribbean Cruises by 0.5% in the 2nd quarter. Prosperity Financial Group Inc. now owns 6,936 shares of the company's stock worth $2,172,000 after acquiring an additional 32 shares during the last quarter. Westside Investment Management Inc. increased its position in shares of Royal Caribbean Cruises by 29.1% in the second quarter. Westside Investment Management Inc. now owns 142 shares of the company's stock valued at $45,000 after acquiring an additional 32 shares during the period. CX Institutional raised its stake in shares of Royal Caribbean Cruises by 1.4% during the second quarter. CX Institutional now owns 2,423 shares of the company's stock valued at $759,000 after acquiring an additional 34 shares during the last quarter. Finally, Tritonpoint Wealth LLC boosted its holdings in shares of Royal Caribbean Cruises by 0.8% during the second quarter. Tritonpoint Wealth LLC now owns 4,531 shares of the company's stock worth $1,422,000 after purchasing an additional 38 shares during the period. Institutional investors own 87.53% of the company's stock.

Insider Transactions at Royal Caribbean Cruises

In related news, Director Maritza Gomez Montiel sold 1,100 shares of the business's stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $281.76, for a total transaction of $309,936.00. Following the sale, the director owned 14,234 shares of the company's stock, valued at $4,010,571.84. The trade was a 7.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 6.95% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

• Royal Caribbean Earnings Beat Fuels Strong 2025 Outlook

A number of research analysts recently issued reports on the company. UBS Group reduced their price target on Royal Caribbean Cruises from $353.00 to $304.00 and set a "buy" rating on the stock in a report on Wednesday, November 12th. Barclays reduced their target price on Royal Caribbean Cruises from $358.00 to $342.00 and set an "overweight" rating on the stock in a research note on Wednesday, October 29th. Weiss Ratings restated a "buy (b)" rating on shares of Royal Caribbean Cruises in a report on Wednesday, October 8th. Stifel Nicolaus cut their price target on shares of Royal Caribbean Cruises from $420.00 to $400.00 and set a "buy" rating on the stock in a report on Wednesday, October 29th. Finally, Tigress Financial boosted their price objective on shares of Royal Caribbean Cruises from $330.00 to $415.00 and gave the company a "buy" rating in a research report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $324.64.

Get Our Latest Report on RCL

Royal Caribbean Cruises Trading Down 2.4%

• RCL Stock Sinks After Earnings—Is a Buying Opportunity Ahead?

RCL opened at $246.92 on Tuesday. The company has a quick ratio of 0.21, a current ratio of 0.16 and a debt-to-equity ratio of 1.67. Royal Caribbean Cruises Ltd. has a 52 week low of $164.01 and a 52 week high of $366.50. The stock has a market cap of $67.34 billion, a PE ratio of 16.61, a PEG ratio of 0.84 and a beta of 2.04. The business has a 50 day moving average of $304.18 and a 200-day moving average of $301.92.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last issued its quarterly earnings results on Tuesday, October 28th. The company reported $5.75 earnings per share for the quarter, topping the consensus estimate of $5.68 by $0.07. The company had revenue of $5.14 billion for the quarter, compared to analysts' expectations of $5.16 billion. Royal Caribbean Cruises had a return on equity of 44.68% and a net margin of 23.33%.The firm's revenue for the quarter was up 5.2% on a year-over-year basis. During the same period in the prior year, the firm earned $5.20 earnings per share. Royal Caribbean Cruises has set its FY 2025 guidance at 15.580-15.630 EPS. Q4 2025 guidance at 2.740-2.790 EPS. Equities research analysts predict that Royal Caribbean Cruises Ltd. will post 14.9 earnings per share for the current fiscal year.

Royal Caribbean Cruises Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, October 13th. Investors of record on Thursday, September 25th were given a dividend of $1.00 per share. This is an increase from Royal Caribbean Cruises's previous quarterly dividend of $0.75. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $4.00 dividend on an annualized basis and a yield of 1.6%. Royal Caribbean Cruises's dividend payout ratio is 26.90%.

Royal Caribbean Cruises Company Profile

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of February 21, 2024, it operated 65 ships. Royal Caribbean Cruises Ltd.

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