Marriott Vacations Worldwide (NYSE:VAC) Downgraded by Zacks Research to “Hold”

Zacks Research lowered shares of Marriott Vacations Worldwide (NYSE:VAC) from a strong-buy rating to a hold rating in a report published on Thursday morning,Zacks reports.

VAC has been the topic of several other research reports. Wells Fargo & Company lowered their price target on shares of Marriott Vacations Worldwide from $101.00 to $100.00 and set an “underweight” rating on the stock in a report on Monday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $134.00 price objective on shares of Marriott Vacations Worldwide in a report on Wednesday, August 12th. Morgan Stanley decreased their target price on shares of Marriott Vacations Worldwide from $65.00 to $63.00 and set an “underweight” rating on the stock in a research report on Thursday. JPMorgan Chase & Co. initiated coverage on shares of Marriott Vacations Worldwide in a research note on Thursday, October 8th. They issued an “overweight” rating and a $125.00 target price on the stock. Finally, Susquehanna raised their price target on shares of Marriott Vacations Worldwide from $110.00 to $115.00 and gave the stock a “neutral” rating in a research note on Thursday, October 15th. Eight equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $108.00.

Marriott Vacations Worldwide Price Performance

Shares of NYSE:VAC opened at $109.35 on Thursday. Marriott Vacations Worldwide has a 1-year low of $44.58 and a 1-year high of $131.34. The firm has a market capitalization of $3.76 billion, a PE ratio of -11.23, a PEG ratio of 2.49 and a beta of 1.30. The business’s 50 day moving average is $106.46 and its 200-day moving average is $94.99. The company has a current ratio of 3.56, a quick ratio of 2.99 and a debt-to-equity ratio of 2.65.

Marriott Vacations Worldwide (NYSE:VAC) last issued its earnings results on Thursday, August 6th. The company reported $2.31 EPS for the quarter, beating analysts’ consensus estimates of $1.97 by $0.34. The business had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.30 billion. Marriott Vacations Worldwide had a positive return on equity of 12.27% and a negative net margin of 6.47%. Marriott Vacations Worldwide’s revenue was up 5.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.96 earnings per share. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. Sell-side analysts predict that Marriott Vacations Worldwide will post 8.77 earnings per share for the current year.

Marriott Vacations Worldwide Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th were paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 2.9%. The ex-dividend date was Wednesday, September 16th. Marriott Vacations Worldwide’s dividend payout ratio is currently -32.85%.

Insiders Place Their Bets

In other news, Director Christian Asmar sold 750,000 shares of the business’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 sale, the director owned 3,380,818 shares in the company, valued at approximately $376,927,398.82. The trade was a 18.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Kathleen A. Pighini sold 2,500 shares of the business’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $120.00, for a total transaction of $300,000.00. Following the completion of the sale, the insider owned 10,821 shares in the company, valued at $1,298,520. This represents a 18.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 13.30% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Marriott Vacations Worldwide

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Signaturefd LLC raised its position in Marriott Vacations Worldwide by 67.0% in the 3rd quarter. Signaturefd LLC now owns 561 shares of the company’s stock valued at $57,000 after purchasing an additional 225 shares during the last quarter. Fifth Third Wealth Advisors LLC acquired a new position in Marriott Vacations Worldwide in the third quarter worth $290,000. Root Financial Partners LLC acquired a new position in Marriott Vacations Worldwide in the third quarter worth $26,000. Reyes Financial Architecture Inc. acquired a new position in Marriott Vacations Worldwide in the third quarter worth $106,000. Finally, CWA Asset Management Group LLC bought a new stake in shares of Marriott Vacations Worldwide during the third quarter worth $978,000. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Marriott Vacations Worldwide Company Profile

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.