Ohio pension system acquires Royal Caribbean shares
The institutional investor purchased 73,946 shares during the second quarter, according to its latest regulatory filing.
The Public Employees Retirement System of Ohio purchased 73,946 shares of Royal Caribbean Cruises Ltd. during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The investment was valued at approximately $23,480,000.
Hedge funds and other institutional investors owned 87.53% of Royal Caribbean stock. The cruise company reported quarterly earnings of $4.21 per share and revenue of $4.83 billion. Quarterly revenue increased 6.5% compared with the prior-year period.
Royal Caribbean set fiscal 2026 earnings-per-share guidance at 17.730 to 17.870. It also set third-quarter 2026 earnings-per-share guidance at 6.260 to 6.360.
In a separate transaction, Chief Executive Michael W. Bayley sold 12,811 shares at an average price of $315.99 each. The sale had a total value of $4,048,147.89.
