Marriott Vacations Worldwide (NYSE:VAC) Rating Increased to Outperform at Mizuho

Mizuho upgraded shares of Marriott Vacations Worldwide (NYSE:VAC) from a neutral rating to an outperform rating in a report issued on Thursday morning, Marketbeat.com reports. Mizuho currently has $104.00 price objective on the stock, up from their prior price objective of $58.00.

Several other analysts have also weighed in on the stock. Weiss Ratings upgraded shares of Marriott Vacations Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday. Morgan Stanley reaffirmed an “underweight” rating and issued a $52.00 price target (down from $70.00) on shares of Marriott Vacations Worldwide in a report on Friday, January 16th. Truist Financial lowered their price objective on shares of Marriott Vacations Worldwide from $127.00 to $81.00 and set a “buy” rating for the company in a research report on Friday, November 14th. Citizens Jmp dropped their price objective on shares of Marriott Vacations Worldwide from $115.00 to $60.00 and set a “market outperform” rating on the stock in a research note on Friday, November 7th. Finally, Barclays decreased their target price on Marriott Vacations Worldwide from $87.00 to $64.00 and set an “overweight” rating for the company in a research note on Friday, November 7th. Six investment analysts have rated the stock with a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $73.67.

Marriott Vacations Worldwide Trading Up 5.2%

Shares of NYSE VAC opened at $72.18 on Thursday. The company has a quick ratio of 2.94, a current ratio of 3.48 and a debt-to-equity ratio of 2.85. The stock’s 50 day moving average price is $59.13 and its two-hundred day moving average price is $62.83. Marriott Vacations Worldwide has a 52-week low of $44.58 and a 52-week high of $86.33. The stock has a market capitalization of $2.48 billion, a P/E ratio of -7.79, a PEG ratio of 1.59 and a beta of 1.24.

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

Marriott Vacations Worldwide Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th will be paid a $0.80 dividend. The ex-dividend date is Wednesday, March 4th. This represents a $3.20 annualized dividend and a dividend yield of 4.4%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is presently -34.52%.

Hedge Funds Weigh In On Marriott Vacations Worldwide

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. increased its position in Marriott Vacations Worldwide by 18.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 140,662 shares of the company’s stock valued at $9,036,000 after acquiring an additional 21,623 shares during the period. Empowered Funds LLC boosted its position in Marriott Vacations Worldwide by 147.9% during the 1st quarter. Empowered Funds LLC now owns 8,487 shares of the company’s stock worth $545,000 after acquiring an additional 5,064 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Marriott Vacations Worldwide by 4.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 100,636 shares of the company’s stock worth $6,465,000 after purchasing an additional 4,497 shares in the last quarter. Teacher Retirement System of Texas grew its stake in shares of Marriott Vacations Worldwide by 11.8% in the second quarter. Teacher Retirement System of Texas now owns 4,850 shares of the company’s stock worth $351,000 after purchasing an additional 510 shares in the last quarter. Finally, Hantz Financial Services Inc. increased its holdings in shares of Marriott Vacations Worldwide by 627.8% during the second quarter. Hantz Financial Services Inc. now owns 393 shares of the company’s stock valued at $28,000 after purchasing an additional 339 shares during the period. 89.52% of the stock is currently owned by institutional investors and hedge funds.

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.