Capital Research Global Investors Reports 6.4% Stake in Royal Caribbean Cruises Ltd.

Executive Summary

On October 6, 2026, Capital Research Global Investors (CRGI) filed Amendment No. 8 to Schedule 13G with the SEC, disclosing its beneficial ownership position in Royal Caribbean Cruises Ltd. (RCL) as of September 30, 2026.

Ownership Breakdown

• Reporting Entity: Capital Research Global Investors (a division of Capital Research and Management Company)
• Class of Security: Common Stock
• Aggregate Number of Shares Beneficially Owned: 17,152,902
• Percentage of Class: 6.4% (calculated against an estimated 267,452,084 total outstanding shares)
• Sole Voting Power: 17,134,164 shares
• Shared Voting Power: 0 shares
• Sole Dispositive Power: 17,152,902 shares
• Shared Dispositive Power: 0 shares

Market & Strategic Context

• Filing Category: Schedule 13G/A under Rule 13d-1(b).
• Nature of Holding: Passive institutional investment. CRGI certified that the shares were acquired and are held in the ordinary course of business without the purpose or effect of changing or influencing control of the issuer.
• Significance Assessment: Trading significance is rated Low. Routine periodic amendments from institutional asset managers typically reflect passive portfolio adjustments rather than activist intent or directional corporate catalysts.