Nissay Asset Management buys stake in Royal Caribbean
The investment firm acquired 141,610 shares as the cruise company reported quarterly results above consensus estimates.
Nissay Asset Management Corp Japan purchased 141,610 shares of Royal Caribbean Cruises Ltd. valued at approximately $44,965,000, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned approximately 0.05% of the cruise company at the end of the most recent quarter.
The report stated that institutional investors owned 87.53% of Royal Caribbean stock. Market data indicated a consensus rating of Moderate Buy and an average target price of $353.40.
Royal Caribbean reported quarterly earnings of $4.21 per share, exceeding the consensus estimate of $3.98 by $0.23. Quarterly revenue reached $4.83 billion, compared with analyst estimates of $4.82 billion. The company said revenue increased 6.5% year over year.
Royal Caribbean set FY 2026 guidance at 17.730-17.870 EPS and Q3 2026 guidance at 6.260-6.360 EPS.
