Marriott Vacations Worldwide (NYSE:VAC) Reaches New 1-Year High – Here’s What Happened

Marriott Vacations Worldwide Corporation (NYSE:VAC)’s share price reached a new 52-week high on Monday . The stock traded as high as $94.62 and last traded at $95.6530, with a volume of 482355 shares changing hands. The stock had previously closed at $93.38.

Analyst Upgrades and Downgrades

Several research analysts recently commented on VAC shares. Citizens Jmp cut shares of Marriott Vacations Worldwide from an “outperform” rating to a “market perform” rating in a report on Monday, March 9th. Jefferies Financial Group raised shares of 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 research report on Monday, March 2nd. Mizuho set a $103.00 price objective on shares of Marriott Vacations Worldwide in a research report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $92.00 price target on shares of Marriott Vacations Worldwide in a research report on Thursday, April 30th. Finally, Barclays raised their price target on shares of Marriott Vacations Worldwide from $80.00 to $94.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Seven equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $83.70.

Marriott Vacations Worldwide Trading Down 0.9%

The firm’s 50-day moving average is $77.46 and its 200 day moving average is $66.50. The company has a current ratio of 3.30, a quick ratio of 2.77 and a debt-to-equity ratio of 2.80. The firm has a market capitalization of $3.24 billion, a price-to-earnings ratio of -9.36, a P/E/G ratio of 2.17 and a beta of 1.25.

Marriott Vacations Worldwide (NYSE:VAC) last posted its earnings results on Tuesday, May 5th. The company reported $1.24 EPS for the quarter, missing the consensus estimate of $1.67 by ($0.43). Marriott Vacations Worldwide had a positive return on equity of 11.37% and a negative net margin of 6.72%.The business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same quarter in the prior year, the business earned $1.66 earnings per share. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. On average, equities analysts predict that Marriott Vacations Worldwide Corporation will post 7.26 earnings per share for the current fiscal year.

Marriott Vacations Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 27th were given a $0.80 dividend. The ex-dividend date was Wednesday, May 27th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 3.4%. Marriott Vacations Worldwide’s payout ratio is -31.71%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of VAC. Advisory Services Network LLC bought a new stake in shares of Marriott Vacations Worldwide in the 3rd quarter valued at $27,000. IFP Advisors Inc increased its stake in Marriott Vacations Worldwide by 1,828.0% during the 3rd quarter. IFP Advisors Inc now owns 482 shares of the company’s stock valued at $32,000 after purchasing an additional 457 shares in the last quarter. Leonteq Securities AG bought a new stake in shares of Marriott Vacations Worldwide in the 4th quarter worth $35,000. Kestra Advisory Services LLC bought a new stake in shares of Marriott Vacations Worldwide in the 4th quarter worth $37,000. Finally, International Assets Investment Management LLC grew its stake in shares of Marriott Vacations Worldwide by 877.2% in the 1st quarter. International Assets Investment Management LLC now owns 557 shares of the company’s stock worth $38,000 after acquiring an additional 500 shares in the last quarter. Institutional investors and hedge funds 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.