Meiji Yasuda acquires Royal Caribbean shares
The asset manager purchased 6,002 shares valued at approximately $1,906,000, according to its most recent SEC filing.
Meiji Yasuda Asset Management Co Ltd. acquired 6,002 shares of Royal Caribbean Cruises Ltd. during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The shares were valued at approximately $1,906,000. Institutional investors own 87.53% of Royal Caribbean stock.
Royal Caribbean reported quarterly earnings of $4.21 per share and quarterly revenue of $4.83 billion. The cruise company set its FY 2026 guidance at 17.730-17.870 EPS and its Q3 2026 guidance at 6.260-6.360 EPS.
The stock has a reported consensus rating of Moderate Buy and an average price target of $353.40.
Separately, Royal Caribbean CEO Michael W. Bayley sold 12,811 shares at an average price of $315.99. The transaction had a total value of $4,048,147.89.
