Legal & General Group Plc Reduces Holdings in Royal Caribbean Cruises Ltd. $RCL
Legal & General Group Plc reduced its holdings in Royal Caribbean Cruises Ltd. by 1.4% in the fourth quarter, selling over 20,000 shares but still owning approximately 1.40 million shares valued at about $389.3 million. Despite this reduction, Royal Caribbean reported strong quarterly results, with EPS of $3.60 exceeding expectations and revenue up 11.3% year over year. The company also provided positive guidance for Q2 and the full year 2026, and analysts maintain a "Moderate Buy" consensus rating with an average target price of $344.05.
https://www.marketbeat.com/instant-alerts/filing-legal-general-group-plc-reduces-holdings-in-royal-caribbean-cruises-ltd-rcl-2026-05-27/