Corient Private Wealth LLC Invests $964,000 in Marriott Vacations Worldwide Corporation $VAC

Corient Private Wealth LLC purchased a new stake in Marriott Vacations Worldwide Corporation (NYSE:VAC) in the fourth quarter, HoldingsChannel reports. The firm purchased 16,706 shares of the company’s stock, valued at approximately $964,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Capital World Investors bought a new stake in shares of Marriott Vacations Worldwide in the third quarter valued at approximately $226,000. Vanguard Group Inc. raised its holdings in Marriott Vacations Worldwide by 7.4% in the 4th quarter. Vanguard Group Inc. now owns 3,392,787 shares of the company’s stock valued at $195,730,000 after acquiring an additional 234,105 shares in the last quarter. Schonfeld Strategic Advisors LLC acquired a new position in Marriott Vacations Worldwide in the 4th quarter valued at $12,633,000. AQR Capital Management LLC lifted its position in shares of Marriott Vacations Worldwide by 157.8% during the 4th quarter. AQR Capital Management LLC now owns 351,552 shares of the company’s stock valued at $20,281,000 after acquiring an additional 215,202 shares during the period. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Marriott Vacations Worldwide by 41.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 399,668 shares of the company’s stock worth $23,057,000 after purchasing an additional 117,030 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VAC has been the topic of a number of recent analyst reports. Zacks Research cut Marriott Vacations Worldwide from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 2nd. The Goldman Sachs Group upgraded shares of Marriott Vacations Worldwide from a “sell” rating to a “buy” rating and set a $100.00 price objective on the stock in a research note on Monday, June 1st. Morgan Stanley raised their target price on shares of Marriott Vacations Worldwide from $50.00 to $51.00 and gave the company an “underweight” rating in a report on Tuesday, May 12th. Mizuho set a $103.00 target price on shares of Marriott Vacations Worldwide in a research report on Wednesday, May 6th. Finally, Citizens Jmp downgraded shares of Marriott Vacations Worldwide from an “outperform” rating to a “market perform” rating in a report on Monday, March 9th. Seven equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $86.40.

Marriott Vacations Worldwide Stock Performance

NYSE:VAC opened at $99.90 on Friday. Marriott Vacations Worldwide Corporation has a twelve month low of $44.58 and a twelve month high of $105.97. The company has a quick ratio of 2.77, a current ratio of 3.30 and a debt-to-equity ratio of 2.80. The stock’s 50-day simple moving average is $84.35 and its 200 day simple moving average is $70.21. The firm has a market capitalization of $3.43 billion, a PE ratio of -9.90, a price-to-earnings-growth ratio of 2.26 and a beta of 1.22.

Marriott Vacations Worldwide (NYSE:VAC) last issued 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 period in the previous year, the firm posted $1.66 EPS. The firm’s revenue was up 4.8% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. On average, analysts anticipate that Marriott Vacations Worldwide Corporation will post 7.31 EPS for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th were paid a $0.80 dividend. The ex-dividend date of this dividend was Wednesday, May 27th. This represents a $3.20 annualized dividend and a yield of 3.2%. Marriott Vacations Worldwide’s dividend payout ratio is presently -31.71%.

Marriott Vacations Worldwide 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.