UBS AM reduces Royal Caribbean stake in second quarter
The asset manager retained shares valued at $7,004,000, while the cruise company reported earnings and revenue above cited analyst estimates.
UBS AM, a distinct business unit of UBS Asset Management Americas LLC, trimmed its stake in Royal Caribbean Cruises Ltd. by 98.3% during the second quarter, according to the company’s most recent disclosure with the Securities and Exchange Commission.
The firm owned 22,057 Royal Caribbean shares after selling 1,262,300 shares during the quarter. The report said the remaining holdings were worth $7,004,000 as of UBS AM’s latest SEC filing.
Royal Caribbean reported quarterly earnings of $4.21 per share, topping the cited analyst consensus estimate of $3.98 by $0.23. Revenue was $4.83 billion for the quarter, compared with an analyst estimate of $4.82 billion.
The company also declared a quarterly dividend of $1.50, payable Thursday, October 8th, to investors of record on Thursday, September 17th. Royal Caribbean set its FY 2026 guidance at 17.730-17.870 EPS and its Q3 2026 guidance at 6.260-6.360 EPS.
