Banque Pictet increases Royal Caribbean stake during third quarter
The firm’s latest SEC filing showed ownership of 5,960 shares valued at $1,585,000.
Banque Pictet & Cie SA raised its stake in Royal Caribbean Cruises Ltd. by 413.8% during the third quarter, according to the company’s disclosure with the Securities and Exchange Commission. The firm purchased an additional 4,800 shares and owned 5,960 shares after the transaction. Its Royal Caribbean holdings were worth $1,585,000 as of its most recent SEC filing.
Royal Caribbean reported quarterly earnings of $4.21 per share and revenue of $4.83 billion. Analysts’ consensus earnings estimate was $3.98 per share, while their revenue expectation was $4.82 billion.
The cruise company set its fiscal 2026 earnings guidance at 17.730 to 17.870 per share. It also established third-quarter 2026 guidance of 6.260 to 6.360 per share.
Royal Caribbean paid a quarterly dividend on Thursday, October 8th. Investors of record on Thursday, September 17th received $1.50 per share. Separately, CEO Michael Bayley sold 12,811 shares on Wednesday, July 29th, at an average price of $315.99.