14,082 Shares in Marriott Vacations Worldwide Corporation $VAC Acquired by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company purchased a new position in Marriott Vacations Worldwide Corporation (NYSE:VAC) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 14,082 shares of the company’s stock, valued at approximately $1,435,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Capital World Investors bought a new position in shares of Marriott Vacations Worldwide during the third quarter worth $226,000. Vanguard Group Inc. boosted its holdings in shares of Marriott Vacations Worldwide by 7.4% during the 4th quarter. Vanguard Group Inc. now owns 3,392,787 shares of the company’s stock valued at $195,730,000 after purchasing an additional 234,105 shares during the last quarter. Schonfeld Strategic Advisors LLC purchased a new position in shares of Marriott Vacations Worldwide during the fourth quarter valued at about $12,633,000. AQR Capital Management LLC increased its holdings in shares of Marriott Vacations Worldwide by 157.8% in the fourth quarter. AQR Capital Management LLC now owns 351,552 shares of the company’s stock worth $20,281,000 after purchasing an additional 215,202 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in shares of Marriott Vacations Worldwide in the second quarter worth about $17,975,000. 89.52% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Marriott Vacations Worldwide

In related news, insider Kathleen A. Pighini sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $120.00, for a total transaction of $300,000.00. Following the completion of the sale, the insider directly owned 10,821 shares of the company’s stock, valued at approximately $1,298,520. This trade represents a 18.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 transaction, the director owned 3,380,818 shares of the company’s stock, valued at approximately $376,927,398.82. The trade was a 18.16% decrease in their position. The SEC filing for this sale provides additional information. 13.30% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts have weighed in on VAC shares. Zacks Research upgraded Marriott Vacations Worldwide from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. The Goldman Sachs Group restated a “buy” rating and issued a $132.00 price target on shares of Marriott Vacations Worldwide in a research report on Friday, August 7th. Barclays upped their price target on shares of Marriott Vacations Worldwide from $94.00 to $140.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Susquehanna assumed coverage on shares of Marriott Vacations Worldwide in a research note on Tuesday, August 18th. They issued a “neutral” rating and a $110.00 price objective for the company. Finally, Morgan Stanley restated an “underweight” rating and issued a $65.00 target price on shares of Marriott Vacations Worldwide in a report on Tuesday, August 18th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $101.45.

Marriott Vacations Worldwide Stock Down 0.7%

NYSE VAC opened at $99.30 on Friday. The company has a quick ratio of 2.99, a current ratio of 3.56 and a debt-to-equity ratio of 2.65. The company has a fifty day moving average of $105.00 and a two-hundred day moving average of $85.22. The firm has a market capitalization of $3.42 billion, a price-to-earnings ratio of -10.20, a PEG ratio of 1.91 and a beta of 1.24. Marriott Vacations Worldwide Corporation has a 52 week low of $44.58 and a 52 week high of $131.34.

Marriott Vacations Worldwide (NYSE:VAC) last announced its earnings results on Thursday, August 6th. The company reported $2.31 earnings per share for the quarter, beating the consensus estimate of $1.97 by $0.34. The business had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.30 billion. Marriott Vacations Worldwide had a negative net margin of 6.47% and a positive return on equity of 12.27%. The business’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.96 earnings per share. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. On average, analysts predict that Marriott Vacations Worldwide Corporation will post 8.7 earnings per share for the current year.

Marriott Vacations Worldwide Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be paid a $0.80 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $3.20 annualized dividend and a yield of 3.2%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is presently -32.85%.

Marriott Vacations Worldwide Company 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.