Marriott Vacations Worldwide (NYSE:VAC) Insider Purchases $999,618.12 in Stock

Marriott Vacations Worldwide Corporation (NYSE:VAC) insider Michael Flaskey purchased 14,862 shares of the company’s stock in a transaction dated Tuesday, March 10th. The stock was bought at an average price of $67.26 per share, with a total value of $999,618.12. Following the completion of the transaction, the insider directly owned 14,862 shares of the company’s stock, valued at approximately $999,618.12. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Marriott Vacations Worldwide Stock Down 4.1%

NYSE VAC opened at $66.11 on Friday. The company has a quick ratio of 2.94, a current ratio of 3.48 and a debt-to-equity ratio of 2.85. Marriott Vacations Worldwide Corporation has a 52 week low of $44.58 and a 52 week high of $86.33. The business’s fifty day simple moving average is $60.15 and its 200-day simple moving average is $62.58. The firm has a market cap of $2.27 billion, a PE ratio of -7.13, a P/E/G ratio of 1.80 and a beta of 1.24.

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

Marriott Vacations Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th will be issued a dividend of $0.80 per share. The ex-dividend date is Wednesday, March 4th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 4.8%. Marriott Vacations Worldwide’s dividend payout ratio is currently -34.52%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Pinnacle Bancorp Inc. acquired a new stake in shares of Marriott Vacations Worldwide in the 3rd quarter worth approximately $25,000. Advisory Services Network LLC purchased a new stake in shares of Marriott Vacations Worldwide during the third quarter worth about $27,000. Assetmark Inc. grew its stake in Marriott Vacations Worldwide by 90.6% in the 2nd quarter. Assetmark Inc. now owns 427 shares of the company’s stock worth $31,000 after acquiring an additional 203 shares during the period. Allworth Financial LP grew its position in shares of Marriott Vacations Worldwide by 79.8% in the second quarter. Allworth Financial LP now owns 473 shares of the company’s stock valued at $34,000 after purchasing an additional 210 shares during the period. Finally, IFP Advisors Inc grew its holdings in Marriott Vacations Worldwide by 1,828.0% in the 3rd quarter. IFP Advisors Inc now owns 482 shares of the company’s stock valued at $32,000 after buying an additional 457 shares during the period. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Morgan Stanley reaffirmed an “underweight” rating and issued a $52.00 price objective (down from $70.00) on shares of Marriott Vacations Worldwide in a research note on Friday, January 16th. Citizens Jmp downgraded shares of Marriott Vacations Worldwide from an “outperform” rating to a “market perform” rating in a research report on Monday. Stifel Nicolaus raised their target price on Marriott Vacations Worldwide from $77.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Mizuho raised shares of Marriott Vacations Worldwide from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $58.00 to $104.00 in a research report on Thursday, March 5th. Finally, Jefferies Financial Group raised Marriott Vacations Worldwide from a “hold” rating to a “buy” rating and increased their price objective for the company from $52.00 to $105.00 in a report on Monday, March 2nd. Five analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Marriott Vacations Worldwide has an average rating of “Hold” and a consensus target price of $73.67.

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.