Marriott Vacations Worldwide Corporation (NYSE:VAC – Get Free Report) has been assigned an average rating of “Hold” from the thirteen ratings firms that are currently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating, two have issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is $106.2727.
Several research analysts have commented on the company. Susquehanna initiated coverage on Marriott Vacations Worldwide in a report on Tuesday, August 18th. They set a “neutral” rating and a $110.00 price objective on the stock. Truist Financial increased their price target on Marriott Vacations Worldwide from $97.00 to $134.00 and gave the stock a “buy” rating in a research report on Thursday, September 10th. Wall Street Zen upgraded Marriott Vacations Worldwide from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Wells Fargo & Company raised their price target on Marriott Vacations Worldwide from $68.00 to $101.00 and gave the company an “underweight” rating in a research note on Friday, August 7th. Finally, Zacks Research raised shares of Marriott Vacations Worldwide from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th.
View Our Latest Analysis on VAC
Marriott Vacations Worldwide Stock Down 4.0%
Marriott Vacations Worldwide (NYSE:VAC – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $2.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.97 by $0.34. Marriott Vacations Worldwide had a negative net margin of 6.47% and a positive return on equity of 12.27%. The business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter last year, the firm earned $1.96 earnings per share. The firm’s quarterly revenue was up 5.9% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. As a group, equities research analysts predict that Marriott Vacations Worldwide will post 8.7 earnings per share for the current year.
Marriott Vacations Worldwide Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be given a dividend of $0.80 per share. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $3.20 dividend on an annualized basis and a yield of 3.2%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is presently -32.85%.
Insider Transactions at Marriott Vacations Worldwide
In other Marriott Vacations Worldwide news, insider Kathleen A. Pighini sold 2,500 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $120.00, for a total transaction of $300,000.00. Following the completion of the sale, the insider directly owned 10,821 shares of the company’s stock, valued at approximately $1,298,520. This represents a 18.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Christian Asmar sold 750,000 shares of the stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $111.49, for a total transaction of $83,617,500.00. Following the sale, the director directly 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 13.30% of the company’s stock.
Institutional Trading of Marriott Vacations Worldwide
A number of hedge funds have recently added to or reduced their stakes in VAC. Ananym Capital Management LP raised its holdings in shares of Marriott Vacations Worldwide by 0.4% during the fourth quarter. Ananym Capital Management LP now owns 736,947 shares of the company’s stock valued at $42,514,000 after acquiring an additional 3,200 shares during the last quarter. Deprince Race & Zollo Inc. boosted its stake in shares of Marriott Vacations Worldwide by 5.4% in the first quarter. Deprince Race & Zollo Inc. now owns 524,247 shares of the company’s stock worth $34,139,000 after acquiring an additional 26,824 shares during the last quarter. Quantinno Capital Management LP boosted its stake in shares of Marriott Vacations Worldwide by 12.3% in the first quarter. Quantinno Capital Management LP now owns 474,037 shares of the company’s stock worth $30,869,000 after acquiring an additional 52,007 shares during the last quarter. LSV Asset Management increased its position in shares of Marriott Vacations Worldwide by 7.9% during the fourth quarter. LSV Asset Management now owns 204,657 shares of the company’s stock worth $11,807,000 after purchasing an additional 15,025 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Marriott Vacations Worldwide during the second quarter worth approximately $17,975,000. 89.52% of the stock is owned by hedge funds and other institutional investors.
About Marriott Vacations Worldwide
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.
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