Marriott Vacations Worldwide (NYSE:VAC – Get Free Report) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.
A number of other brokerages have also weighed in on VAC. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $134.00 price target on shares of Marriott Vacations Worldwide in a research note on Wednesday. The Goldman Sachs Group reissued a “buy” rating and set a $132.00 target price on shares of Marriott Vacations Worldwide in a research report on Friday, August 7th. Barclays upped their price target on shares of Marriott Vacations Worldwide from $94.00 to $140.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Zacks Research raised shares of Marriott Vacations Worldwide from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. Finally, Wells Fargo & Company lifted 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 note on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $99.30.
Get Our Latest Stock Report on VAC
Marriott Vacations Worldwide Trading Down 0.3%
Marriott Vacations Worldwide (NYSE:VAC – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $2.31 EPS for the quarter, beating 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 firm had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same quarter in the prior year, the business posted $1.96 EPS. The business’s revenue for the quarter 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, sell-side analysts anticipate that Marriott Vacations Worldwide will post 8.88 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Marriott Vacations Worldwide
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Advisory Services Network LLC acquired a new stake in Marriott Vacations Worldwide during the 3rd quarter valued at approximately $27,000. IFP Advisors Inc increased its stake in shares of Marriott Vacations Worldwide by 1,828.0% in the third quarter. IFP Advisors Inc now owns 482 shares of the company’s stock worth $32,000 after acquiring an additional 457 shares during the period. Allworth Financial LP purchased a new position in shares of Marriott Vacations Worldwide during the second quarter worth $54,000. International Assets Investment Management LLC raised its holdings in shares of Marriott Vacations Worldwide by 877.2% during the first quarter. International Assets Investment Management LLC now owns 557 shares of the company’s stock worth $38,000 after purchasing an additional 500 shares during the last quarter. Finally, Leonteq Securities AG acquired a new position in Marriott Vacations Worldwide during the fourth quarter valued at $35,000. Institutional investors and hedge funds own 89.52% of the company’s stock.
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.
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