Cullen Capital Management LLC Invests $1.31 Million in Marriott Vacations Worldwide Corporation $VAC

Cullen Capital Management LLC bought a new stake in Marriott Vacations Worldwide Corporation (NYSE:VAC) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 12,870 shares of the company’s stock, valued at approximately $1,311,000.

Other large investors also recently made changes to their positions in the company. Advisory Services Network LLC bought a new stake in Marriott Vacations Worldwide in the 3rd quarter worth about $27,000. IFP Advisors Inc lifted its position in shares of Marriott Vacations Worldwide by 1,828.0% during the 3rd quarter. IFP Advisors Inc now owns 482 shares of the company’s stock worth $32,000 after buying an additional 457 shares in the last quarter. Leonteq Securities AG purchased a new position in shares of Marriott Vacations Worldwide in the 4th quarter worth approximately $35,000. Kestra Advisory Services LLC purchased a new position in shares of Marriott Vacations Worldwide in the 4th quarter worth approximately $37,000. Finally, International Assets Investment Management LLC grew its holdings in shares of Marriott Vacations Worldwide by 877.2% in the first quarter. International Assets Investment Management LLC now owns 557 shares of the company’s stock valued at $38,000 after acquiring an additional 500 shares in the last quarter. 89.52% of the stock is owned by institutional investors.

Marriott Vacations Worldwide Trading Up 1.3%

Shares of VAC stock opened at $114.03 on Tuesday. The company has a quick ratio of 2.99, a current ratio of 3.56 and a debt-to-equity ratio of 2.65. The firm has a market cap of $3.92 billion, a P/E ratio of -11.71, a PEG ratio of 2.10 and a beta of 1.23. The company has a 50 day moving average of $103.39 and a 200-day moving average of $82.28. Marriott Vacations Worldwide Corporation 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 data on Thursday, August 6th. The company reported $2.31 earnings per share for the quarter, topping the consensus estimate of $1.97 by $0.34. Marriott Vacations Worldwide had a positive return on equity of 12.27% and a negative net margin of 6.47%.The company had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same quarter last year, the firm posted $1.96 EPS. The firm’s revenue for the quarter was up 5.9% on a year-over-year basis. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. Sell-side analysts anticipate that Marriott Vacations Worldwide Corporation will post 8.88 earnings per share for the current year.

Insider Transactions at Marriott Vacations Worldwide

In other news, Director Christian Asmar sold 750,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $111.49, for a total value of $83,617,500.00. Following the sale, the director owned 3,380,818 shares of the company’s stock, valued at $376,927,398.82. The trade was a 18.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Kathleen A. Pighini sold 2,500 shares of the company’s stock in a transaction that occurred 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 $1,298,520. The trade was a 18.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 13.30% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

VAC has been the subject of a number of research analyst reports. Morgan Stanley reaffirmed an “underweight” rating and set a $65.00 price target on shares of Marriott Vacations Worldwide in a research report on Tuesday, August 18th. Mizuho set a $103.00 price objective on Marriott Vacations Worldwide in a research report on Wednesday, May 6th. Zacks Research upgraded Marriott Vacations Worldwide from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $132.00 target price on shares of Marriott Vacations Worldwide in a research report on Friday, August 7th. Finally, Weiss Ratings upgraded Marriott Vacations Worldwide from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Marriott Vacations Worldwide currently has a consensus rating of “Hold” and an average target price of $101.45.

Marriott Vacations Worldwide Company Profile

Marriott Vacations Worldwide Corporation, headquartered in Orlando, Florida, specializes in the development, marketing and management of vacation ownership resorts and related products. Originally launched as a division of Marriott International in 1984, the company became a separate publicly traded entity in 2011. Since then, it has expanded its offerings through both organic growth and strategic acquisitions, establishing itself as a leading provider in the global timeshare industry.

The company’s core business activities include selling vacation ownership interests, managing a growing portfolio of branded resorts and operating a loyalty program that allows members to exchange or use points at affiliated properties.