Bank of New York Mellon Adds Royal Caribbean Stake
An SEC disclosure shows the institutional investor acquired 1,200,740 shares during the second quarter as the cruise company reported quarterly results above consensus estimates.
According to the company’s SEC disclosure, Bank of New York Mellon Corp purchased 1,200,740 shares of Royal Caribbean Cruises Ltd. in the second quarter. The holding was valued at approximately $381,271,000. Its most recent SEC filing showed that Bank of New York Mellon owned 0.45% of Royal Caribbean Cruises.
Institutional investors and hedge funds own 87.53% of Royal Caribbean Cruises stock. In a separate transaction, Royal Caribbean Cruises CEO Michael W. Bayley sold 12,811 shares at an average price of $315.99. The sale had a total value of $4,048,147.89.
Royal Caribbean Cruises reported quarterly earnings of $4.21 per share, exceeding the consensus estimate of $3.98 by $0.23. The company also reported quarterly revenue of $4.83 billion, compared with analyst expectations of $4.82 billion.
The cruise company set fiscal 2026 earnings guidance at 17.730-17.870 EPS. It also set third-quarter 2026 guidance at 6.260-6.360 EPS.
