Sanctuary Advisors acquires Royal Caribbean shares
An SEC disclosure shows a second-quarter investment as the cruise company reports earnings and revenue above analyst estimates.
Sanctuary Advisors LLC purchased 19,677 shares of Royal Caribbean Cruises Ltd. during the second quarter, according to its disclosure with the Securities and Exchange Commission. The holding was valued at approximately $6,248,000.
The report stated that hedge funds and other institutional investors owned 87.53% of Royal Caribbean stock. Analyst data gave the company an average rating of Moderate Buy and a consensus price target of $353.40.
Royal Caribbean reported quarterly earnings per share of $4.21, compared with the analyst consensus estimate of $3.98. Quarterly revenue was $4.83 billion, slightly above the analyst estimate of $4.82 billion. The company said revenue increased 6.5% year over year.
Royal Caribbean set fiscal 2026 earnings-per-share guidance at 17.730 to 17.870. Separately, CEO Michael W. Bayley sold 12,811 shares at an average price of $315.99, giving the transaction a total value of $4,048,147.89.
