TD Waterhouse Canada Inc. Decreases Holdings in Royal Caribbean Cruises Ltd. $RCL

24 Apr 2026, 05:20 by Teresa Graham · The Cerbat Gem

TD Waterhouse Canada Inc. cut its holdings in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL – Free Report) by 93.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,419 shares of the company’s stock after selling 97,902 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Royal Caribbean Cruises were worth $1,790,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Y Intercept Hong Kong Ltd bought a new position in shares of Royal Caribbean Cruises during the 3rd quarter worth $4,806,000. Vanguard Group Inc. grew its stake in shares of Royal Caribbean Cruises by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 30,066,167 shares of the company’s stock worth $9,728,810,000 after acquiring an additional 461,990 shares during the period. Russell Investments Group Ltd. grew its stake in shares of Royal Caribbean Cruises by 49.3% during the 3rd quarter. Russell Investments Group Ltd. now owns 117,162 shares of the company’s stock worth $37,931,000 after acquiring an additional 38,698 shares during the period. Crossmark Global Holdings Inc. grew its stake in shares of Royal Caribbean Cruises by 19.0% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 39,123 shares of the company’s stock worth $12,659,000 after acquiring an additional 6,253 shares during the period. Finally, Nordea Investment Management AB grew its stake in shares of Royal Caribbean Cruises by 253.7% during the 3rd quarter. Nordea Investment Management AB now owns 556,061 shares of the company’s stock worth $179,241,000 after acquiring an additional 398,849 shares during the period. 87.53% of the stock is owned by hedge funds and other institutional investors.

Key Royal Caribbean Cruises News

Here are the key news stories impacting Royal Caribbean Cruises this week:

Positive Sentiment: Sector peer beat — Travel + Leisure reported better-than-expected Q1 results, which supports leisure demand and could be a tailwind for cruise operators if trends hold. Travel + Leisure Co. (TNL) Beats Q1 Earnings and Revenue Estimates
Neutral Sentiment: Broker consensus remains an average “Buy” on RCL, which can provide underlying support via institutional interest, but the coverage is described as potentially overly optimistic and not a reliable standalone buy signal. Royal Caribbean (RCL) Is Considered a Good Investment by Brokers: Is That True?
Neutral Sentiment: Recent reviews and comparisons published by smaller outlets provide background and valuation commentary but contain no new operational news likely to move the stock materially. Reviewing Royal Caribbean Cruises (NYSE:RCL) & The Generation Essentials Group (NYSE:TGE)
Negative Sentiment: Earnings beat probability lowered — analyst previews say RCL lacks the two key ingredients (likely consensus drivers) for an earnings beat in the upcoming report, increasing the risk of downside surprise at the next release. Royal Caribbean (RCL) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
Negative Sentiment: Recent price weakness — RCL has slid in recent sessions and underperformed the broader market, reflecting short-term selling pressure that can be amplified ahead of the company’s next earnings print and amid doubts about an earnings beat. Royal Caribbean (RCL) Stock Slides as Market Rises: Facts to Know Before You Trade

Insider Buying and Selling at Royal Caribbean Cruises

In other Royal Caribbean Cruises news, Director Maritza Gomez Montiel sold 1,385 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $327.18, for a total value of $453,144.30. Following the sale, the director owned 12,849 shares of the company’s stock, valued at $4,203,935.82. This trade represents a 9.73% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Arne Alexander Wilhelmsen sold 245,476 shares of the firm’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $311.54, for a total value of $76,475,593.04. Following the completion of the sale, the director directly owned 16,435,910 shares in the company, valued at approximately $5,120,443,401.40. The trade was a 1.47% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,967,319 shares of company stock valued at $626,681,935 in the last 90 days. Corporate insiders own 6.95% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on RCL. UBS Group cut their price target on Royal Caribbean Cruises from $350.00 to $321.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. Truist Financial increased their price target on Royal Caribbean Cruises from $318.00 to $327.00 and gave the stock a “hold” rating in a research note on Tuesday, March 24th. Barclays cut their price target on Royal Caribbean Cruises from $361.00 to $351.00 and set an “overweight” rating for the company in a research note on Friday, April 10th. William Blair restated an “outperform” rating on shares of Royal Caribbean Cruises in a research note on Thursday, January 29th. Finally, Citigroup raised their target price on Royal Caribbean Cruises from $332.00 to $398.00 and gave the stock a “buy” rating in a research note on Monday, February 2nd. Seventeen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $349.20.

Get Our Latest Analysis on Royal Caribbean Cruises

Royal Caribbean Cruises Stock Down 1.8%

Shares of NYSE RCL opened at $260.79 on Friday. Royal Caribbean Cruises Ltd. has a 52 week low of $203.85 and a 52 week high of $366.50. The business has a 50-day simple moving average of $285.37 and a two-hundred day simple moving average of $287.56. The company has a quick ratio of 0.16, a current ratio of 0.18 and a debt-to-equity ratio of 1.77. The company has a market cap of $69.94 billion, a P/E ratio of 16.71, a P/E/G ratio of 0.90 and a beta of 1.93.

Royal Caribbean Cruises (NYSE:RCL – Get Free Report) last issued its earnings results on Thursday, January 29th. The company reported $2.80 EPS for the quarter, hitting the consensus estimate of $2.80. Royal Caribbean Cruises had a return on equity of 45.06% and a net margin of 23.80%.The business had revenue of $4.26 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same quarter last year, the company earned $1.63 EPS. The firm’s revenue was up 13.2% compared to the same quarter last year. Research analysts anticipate that Royal Caribbean Cruises Ltd. will post 17.46 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 Friday, April 3rd. Shareholders of record on Friday, March 6th were issued a $1.50 dividend. This represents a $6.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Friday, March 6th. This is an increase from Royal Caribbean Cruises’s previous quarterly dividend of $1.00. Royal Caribbean Cruises’s payout ratio is 38.44%.

Royal Caribbean Cruises Company Profile

(Free Report)

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.

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