Marriott Vacations Worldwide Corporation (NYSE:VAC) Receives Average Recommendation of “Hold” from Analysts

Marriott Vacations Worldwide Corporation (NYSE:VAC) has been assigned a consensus rating of “Hold” from the thirteen analysts that are currently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating, two have issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $106.27.

A number of brokerages have weighed in on VAC. Barclays upped their target price on Marriott Vacations Worldwide from $94.00 to $140.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Zacks Research raised Marriott Vacations Worldwide from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. The Goldman Sachs Group restated a “buy” rating and issued a $132.00 price objective on shares of Marriott Vacations Worldwide in a research report on Friday, August 7th. Wells Fargo & Company upped their price objective on shares of Marriott Vacations Worldwide from $68.00 to $101.00 and gave the stock an “underweight” rating in a research report on Friday, August 7th. Finally, Wall Street Zen raised shares of Marriott Vacations Worldwide from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th.

Marriott Vacations Worldwide Price Performance

Shares of NYSE:VAC opened at $103.12 on Friday. The company has a 50 day moving average of $106.01 and a 200 day moving average of $89.54. The company has a current ratio of 3.56, a quick ratio of 2.99 and a debt-to-equity ratio of 2.65. The stock has a market cap of $3.55 billion, a P/E ratio of -10.59, a P/E/G ratio of 1.96 and a beta of 1.24. Marriott Vacations Worldwide has a 12 month low of $44.58 and a 12 month high of $131.34.

Marriott Vacations Worldwide (NYSE:VAC) last announced its quarterly earnings results on Thursday, August 6th. The company reported $2.31 EPS for the quarter, beating the consensus estimate of $1.97 by $0.34. The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.30 billion. Marriott Vacations Worldwide had a negative net margin of 6.47% and a positive return on equity of 12.27%. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period last year, the firm earned $1.96 EPS. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. As a group, sell-side analysts forecast that Marriott Vacations Worldwide will post 8.7 EPS for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be issued a $0.80 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 3.1%. Marriott Vacations Worldwide’s dividend payout ratio is presently -32.85%.

Insider Buying and Selling at Marriott Vacations Worldwide

In other news, insider Kathleen A. Pighini sold 2,500 shares of the firm’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $120.00, for a total transaction of $300,000.00. Following the sale, the insider owned 10,821 shares in the company, valued at approximately $1,298,520. This trade represents a 18.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Christian Asmar sold 750,000 shares of the company’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $111.49, for a total transaction of $83,617,500.00. Following the completion of the transaction, the director owned 3,380,818 shares of the company’s stock, valued at $376,927,398.82. This trade represents a 18.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 13.30% of the company’s stock.

Hedge Funds Weigh In On Marriott Vacations Worldwide

A number of hedge funds and other institutional investors have recently modified their holdings of VAC. Envestnet Asset Management Inc. bought a new stake in Marriott Vacations Worldwide in the 2nd quarter worth approximately $399,000. Altar Rock LLC bought a new position in Marriott Vacations Worldwide during the second quarter valued at approximately $253,000. The Manufacturers Life Insurance Company grew its position in Marriott Vacations Worldwide by 2.3% during the second quarter. The Manufacturers Life Insurance Company now owns 14,082 shares of the company’s stock valued at $1,435,000 after acquiring an additional 316 shares during the last quarter. Sequoia Financial Advisors LLC purchased a new position in shares of Marriott Vacations Worldwide during the second quarter worth approximately $274,000. Finally, WINTON GROUP Ltd raised its stake in shares of Marriott Vacations Worldwide by 24.6% during the second quarter. WINTON GROUP Ltd now owns 7,100 shares of the company’s stock worth $723,000 after acquiring an additional 1,400 shares in the last quarter. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

Marriott Vacations Worldwide Company Profile

Marriott Vacations Worldwide Corporation (NYSE: VAC) is a vacation ownership and leisure travel company. It develops, markets, sells, and manages vacation ownership interests, including timeshare and related membership products, that provide customers with access to resort accommodations and vacation experiences.

The company operates a portfolio of vacation ownership brands that includes Marriott Vacation Club, Sheraton Vacation Club, Westin Vacation Club, Grand Residences by Marriott, and Hyatt Vacation Club.