Marriott Vacations Worldwide Corporation (NYSE:VAC – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $102.03 and last traded at $100.4650, with a volume of 521 shares changing hands. The stock had previously closed at $101.30.
Analyst Ratings Changes
VAC has been the topic of a number of research analyst reports. Citizens Jmp lowered shares of Marriott Vacations Worldwide from an “outperform” rating to a “market perform” rating in a report on Monday, March 9th. Wells Fargo & Company increased their price target on shares of Marriott Vacations Worldwide from $58.00 to $66.00 and gave the company an “underweight” rating in a research note on Thursday, May 7th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $92.00 price target on shares of Marriott Vacations Worldwide in a report on Thursday, April 30th. Mizuho set a $103.00 price objective on Marriott Vacations Worldwide in a report on Wednesday, May 6th. Finally, Barclays increased their price objective on Marriott Vacations Worldwide from $80.00 to $94.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Seven investment analysts have rated the stock with a Buy rating, two have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $83.70.
Get Our Latest Research Report on VAC
Marriott Vacations Worldwide Price Performance
Marriott Vacations Worldwide (NYSE:VAC – Get Free Report) last issued its earnings results on Tuesday, May 5th. The company reported $1.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.43). The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.20 billion. Marriott Vacations Worldwide had a positive return on equity of 11.37% and a negative net margin of 6.72%.Marriott Vacations Worldwide’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the business posted $1.66 EPS. 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 earnings per share for the current year.
Marriott Vacations Worldwide Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 27th were issued a $0.80 dividend. The ex-dividend date was Wednesday, May 27th. This represents a $3.20 annualized dividend and a yield of 3.2%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is -31.71%.
Institutional Trading of Marriott Vacations Worldwide
A number of large investors have recently made changes to their positions in VAC. LSV Asset Management grew its stake in Marriott Vacations Worldwide by 7.9% in the fourth quarter. LSV Asset Management now owns 204,657 shares of the company’s stock valued at $11,807,000 after acquiring an additional 15,025 shares during the period. Vanguard Group Inc. raised its position in shares of Marriott Vacations Worldwide by 7.4% during the fourth quarter. Vanguard Group Inc. now owns 3,392,787 shares of the company’s stock worth $195,730,000 after purchasing an additional 234,105 shares during the period. Algert Global LLC raised its position in shares of Marriott Vacations Worldwide by 43.2% during the third quarter. Algert Global LLC now owns 105,332 shares of the company’s stock worth $7,011,000 after purchasing an additional 31,770 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Marriott Vacations Worldwide by 2.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,950,309 shares of the company’s stock valued at $129,820,000 after purchasing an additional 54,285 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new position in shares of Marriott Vacations Worldwide in the 3rd quarter valued at approximately $1,284,000. Institutional investors own 89.52% of the company’s stock.
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.
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