Marriott Vacations Worldwide (NYSE:VAC) Reaches New 12-Month High – Here’s What Happened

Shares of Marriott Vacations Worldwide Corporation (NYSE:VAC) reached a new 52-week high on Monday . The company traded as high as $94.62 and last traded at $95.6530, with a volume of 482355 shares trading hands. The stock had previously closed at $93.38.

Analyst Ratings Changes

A number of research firms recently commented on VAC. Barclays boosted their price target on Marriott Vacations Worldwide from $80.00 to $94.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. The Goldman Sachs Group raised Marriott Vacations Worldwide from a “sell” rating to a “buy” rating and set a $100.00 target price on the stock in a research report on Monday, June 1st. Stifel Nicolaus boosted their target price on Marriott Vacations Worldwide from $77.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $92.00 price objective on shares of Marriott Vacations Worldwide in a report on Thursday, April 30th. Finally, Wells Fargo & Company boosted their price objective on Marriott Vacations Worldwide from $58.00 to $66.00 and gave the company an “underweight” rating in a report on Thursday, May 7th. Seven analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $83.70.

Marriott Vacations Worldwide Stock Performance

The business has a 50-day moving average of $76.35 and a two-hundred day moving average of $65.94. The company has a market cap of $3.28 billion, a P/E ratio of -9.48, a P/E/G ratio of 2.13 and a beta of 1.25. The company has a debt-to-equity ratio of 2.80, a current ratio of 3.30 and a quick ratio of 2.77.

Marriott Vacations Worldwide (NYSE:VAC) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $1.24 earnings per share for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.43). Marriott Vacations Worldwide had a negative net margin of 6.72% and a positive return on equity of 11.37%. The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same period in the previous year, the business earned $1.66 EPS. Marriott Vacations Worldwide’s revenue for the quarter was up 4.8% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. On average, sell-side analysts predict that Marriott Vacations Worldwide Corporation will post 7.26 EPS for the current fiscal year.

Marriott Vacations Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 27th were paid a $0.80 dividend. The ex-dividend date was Wednesday, May 27th. This represents a $3.20 dividend on an annualized basis and a yield of 3.3%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is -31.71%.

Institutional Investors Weigh In On Marriott Vacations Worldwide

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. California State Teachers Retirement System raised its stake in Marriott Vacations Worldwide by 30.2% in the first quarter. California State Teachers Retirement System now owns 35,683 shares of the company’s stock valued at $2,324,000 after buying an additional 8,281 shares during the last quarter. Quantinno Capital Management LP grew its holdings in Marriott Vacations Worldwide by 12.3% during 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 period. Public Employees Retirement System of Ohio grew its holdings in Marriott Vacations Worldwide by 51.2% during the first quarter. Public Employees Retirement System of Ohio now owns 65,679 shares of the company’s stock worth $4,277,000 after acquiring an additional 22,236 shares during the period. Caxton Associates LLP grew its holdings in Marriott Vacations Worldwide by 13.6% during the first quarter. Caxton Associates LLP now owns 57,242 shares of the company’s stock worth $3,728,000 after acquiring an additional 6,852 shares during the period. Finally, Sei Investments Co. grew its holdings in Marriott Vacations Worldwide by 174.0% during the first quarter. Sei Investments Co. now owns 142,843 shares of the company’s stock worth $9,302,000 after acquiring an additional 90,704 shares during the period. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

About Marriott Vacations Worldwide

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.