Marriott Vacations Worldwide (NYSE:VAC) Stock Price Up 6.4% – Still a Buy?

Marriott Vacations Worldwide Corporation (NYSE:VAC) rose 6.4% on Tuesday . The stock traded as high as $70.39 and last traded at $70.1230. Approximately 145,169 shares traded hands during trading, a decline of 77% from the average daily volume of 627,033 shares. The stock had previously closed at $65.89.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Zacks Research raised Marriott Vacations Worldwide from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 18th. Mizuho raised shares of Marriott Vacations Worldwide from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $58.00 to $104.00 in a report on Thursday, March 5th. Weiss Ratings upgraded shares of Marriott Vacations Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, March 3rd. Jefferies Financial Group raised shares of Marriott Vacations Worldwide from a “hold” rating to a “buy” rating and lifted their price target for the company from $52.00 to $105.00 in a report on Monday, March 2nd. Finally, Wall Street Zen upgraded shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. Five equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $73.67.

Marriott Vacations Worldwide Stock Performance

The firm has a market capitalization of $2.39 billion, a P/E ratio of -7.55, a price-to-earnings-growth ratio of 1.70 and a beta of 1.24. The company has a 50-day moving average of $60.40 and a 200-day moving average of $62.18. The company has a current ratio of 3.48, a quick ratio of 2.94 and a debt-to-equity ratio of 2.85.

Marriott Vacations Worldwide (NYSE:VAC) last released its quarterly earnings results on Wednesday, February 25th. The company reported $1.86 EPS for the quarter, beating analysts’ consensus estimates of $1.72 by $0.14. Marriott Vacations Worldwide had a positive return on equity of 11.77% and a negative net margin of 6.12%.The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same quarter in the previous year, the company posted $1.86 EPS. The business’s revenue was down .3% on a year-over-year basis. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. On average, equities analysts anticipate that Marriott Vacations Worldwide Corporation will post 6.23 earnings per share for the current fiscal year.

Marriott Vacations Worldwide Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th will be given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Wednesday, March 4th. Marriott Vacations Worldwide’s dividend payout ratio is currently -34.52%.

Insider Transactions at Marriott Vacations Worldwide

In other news, insider Michael Flaskey purchased 14,862 shares of the company’s stock in a transaction dated Tuesday, March 10th. The shares were purchased at an average price of $67.26 per share, for a total transaction of $999,618.12. Following the transaction, the insider owned 14,862 shares of the company’s stock, valued at approximately $999,618.12. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In the last three months, insiders have purchased 14,971 shares of company stock worth $1,006,280. 1.60% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Marriott Vacations Worldwide

Hedge funds have recently bought and sold shares of the company. Rockefeller Capital Management L.P. boosted its position in Marriott Vacations Worldwide by 51.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,085 shares of the company’s stock valued at $63,000 after acquiring an additional 367 shares during the last quarter. Corient Private Wealth LLC bought a new position in shares of Marriott Vacations Worldwide in the 4th quarter worth about $964,000. Invesco Ltd. lifted its stake in shares of Marriott Vacations Worldwide by 55.8% in the 4th quarter. Invesco Ltd. now owns 298,015 shares of the company’s stock valued at $17,192,000 after purchasing an additional 106,702 shares during the period. Mercer Global Advisors Inc. ADV lifted its stake in shares of Marriott Vacations Worldwide by 78.3% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 6,072 shares of the company’s stock valued at $350,000 after purchasing an additional 2,667 shares during the period. Finally, Bridgeway Capital Management LLC boosted its position in shares of Marriott Vacations Worldwide by 21.3% during the 4th quarter. Bridgeway Capital Management LLC now owns 212,192 shares of the company’s stock valued at $12,241,000 after purchasing an additional 37,293 shares in the last quarter. Institutional investors 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.