Marriott Vacations Worldwide (NYSE:VAC) Stock Rating Cut to “Hold” at Zacks Research

Marriott Vacations Worldwide (NYSE:VAC) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued on Thursday, Zacks reports.

A number of other research firms have also recently weighed in on VAC. Susquehanna upped their price objective on shares of Marriott Vacations Worldwide from $110.00 to $115.00 and gave the stock a “neutral” rating in a research report on Thursday, October 15th. The Goldman Sachs Group reiterated a “buy” rating and issued a $132.00 target price on shares of Marriott Vacations Worldwide in a research report on Friday, August 7th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $134.00 target price on shares of Marriott Vacations Worldwide in a research report on Wednesday, August 12th. Wall Street Zen raised shares of Marriott Vacations Worldwide from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Finally, Truist Financial upped their price target on shares of Marriott Vacations Worldwide from $97.00 to $134.00 and gave the stock a “buy” rating in a research report on Thursday, September 10th. Eight investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Marriott Vacations Worldwide has a consensus rating of “Hold” and an average target price of $108.00.

Marriott Vacations Worldwide Stock Down 3.2%

Marriott Vacations Worldwide stock opened at $109.35 on Thursday. The stock has a market capitalization of $3.76 billion, a PE ratio of -11.23, a price-to-earnings-growth ratio of 2.49 and a beta of 1.30. Marriott Vacations Worldwide has a 12 month low of $44.58 and a 12 month high of $131.34. The business has a 50 day simple moving average of $106.46 and a 200-day simple moving average of $94.99. The company has a debt-to-equity ratio of 2.65, a current ratio of 3.56 and a quick ratio of 2.99.

Marriott Vacations Worldwide (NYSE:VAC) last announced its earnings results 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 business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same period in the prior year, the company posted $1.96 EPS. The business’s quarterly revenue 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. On average, analysts anticipate that Marriott Vacations Worldwide will post 8.77 EPS for the current fiscal year.

Insiders Place Their Bets

In other Marriott Vacations Worldwide news, insider Kathleen A. Pighini sold 2,500 shares of the company’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $120.00, for a total value of $300,000.00. Following the completion of the sale, the insider directly owned 10,821 shares in the company, valued at $1,298,520. This represents a 18.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Christian Asmar sold 750,000 shares of the company’s stock in a transaction 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 completion of the sale, the director owned 3,380,818 shares of the company’s stock, valued at approximately $376,927,398.82. The trade was a 18.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 13.30% of the company’s stock.

Institutional Investors Weigh In On Marriott Vacations Worldwide

A number of hedge funds have recently modified their holdings of VAC. Signaturefd LLC raised its stake in Marriott Vacations Worldwide by 67.0% during the third quarter. Signaturefd LLC now owns 561 shares of the company’s stock worth $57,000 after purchasing an additional 225 shares during the period. Fifth Third Wealth Advisors LLC acquired a new position in Marriott Vacations Worldwide in the 3rd quarter valued at about $290,000. Root Financial Partners LLC acquired a new position in Marriott Vacations Worldwide in the 3rd quarter valued at about $26,000. Reyes Financial Architecture Inc. purchased a new stake in shares of Marriott Vacations Worldwide in the 3rd quarter valued at approximately $106,000. Finally, CWA Asset Management Group LLC purchased a new stake in shares of Marriott Vacations Worldwide in the 3rd quarter valued at approximately $978,000. Hedge funds and other institutional investors own 89.52% of the company’s stock.

About Marriott Vacations Worldwide

Marriott Vacations Worldwide Corporation (NYSE:VAC) is a global vacation ownership and leisure travel company. It develops, markets, sells, and manages vacation ownership interests, which provide customers with access to accommodations and resort experiences through points-based and deeded ownership programs. The company also operates related vacation exchange, rental, resort management, and travel businesses.

Its portfolio includes vacation ownership and related offerings under brands such as Marriott Vacation Club, Sheraton Vacation Club, Westin Vacation Club, Grand Residences by Marriott, and Aqua-Aston.