Franklin Resources Inc. Has $162.12 Million Stock Position in Royal Caribbean Cruises Ltd. $RCL

NodeGuardian · 2026-03-18T06:53:35+00:00

Franklin Resources Inc. raised its stake in Royal Caribbean Cruises by 484.2%, bringing holdings to 501,022 shares worth $162.12 million. Other institutions also increased positions, reflecting strong interest, while analysts support a "Moderate Buy" consensus.

NodeGuardian

2026-03-18 06:53:35

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Franklin Resources Inc. significantly increased its stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 484.2% in the third quarter, bringing its total holdings to 501,022 shares valued at $162.12 million. Other institutional investors like Vanguard Group Inc. and TD Asset Management Inc. also boosted their positions, indicating strong institutional interest in the company. Several analysts have issued positive ratings and increased price targets for RCL, supporting a “Moderate Buy” consensus, while some insiders have recently sold shares.

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