Marriott Vacations Worldwide (NYSE:VAC) Stock Gets Downgrade from Zacks Research

Marriott Vacations Worldwide (NYSE:VAC) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Thursday, Zacks reports.

VAC has been the topic of a number of other reports. Weiss Ratings upgraded shares of Marriott Vacations Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, October 8th. Barclays raised their price objective on shares of Marriott Vacations Worldwide from $94.00 to $140.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Susquehanna lifted their target price on shares of Marriott Vacations Worldwide from $110.00 to $115.00 and gave the company a “neutral” rating in a research note on Thursday, October 15th. Truist Financial boosted their target price on Marriott Vacations Worldwide from $97.00 to $134.00 and gave the stock a “buy” rating in a report on Thursday, September 10th. Finally, Morgan Stanley decreased their price target on Marriott Vacations Worldwide from $65.00 to $63.00 and set an “underweight” rating on the stock in a research report on Thursday. Eight 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 company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $108.00.

Marriott Vacations Worldwide Price Performance

NYSE VAC opened at $109.35 on Thursday. 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 stock has a market capitalization of $3.76 billion, a PE ratio of -11.23, a price-to-earnings-growth ratio of 2.49 and a beta of 1.30. Marriott Vacations Worldwide has a 12-month low of $44.58 and a 12-month high of $131.34. The company has a 50 day moving average price of $106.46 and a two-hundred day moving average price of $94.99.

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

Insider Buying and Selling at Marriott Vacations Worldwide

In other news, insider Kathleen A. Pighini sold 2,500 shares of Marriott Vacations Worldwide stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $120.00, for a total value of $300,000.00. Following the completion of the sale, the insider directly owned 10,821 shares in the company, valued at approximately $1,298,520. The trade was a 18.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Christian Asmar sold 750,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $111.49, for a total transaction 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. This represents a 18.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 13.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Marriott Vacations Worldwide

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Penn Capital Management Company LLC bought a new position in shares of Marriott Vacations Worldwide during the 2nd quarter valued at $16,611,000. Bank of New York Mellon Corp bought a new position in shares of Marriott Vacations Worldwide during the second quarter valued at about $17,975,000. Legal & General Group Plc purchased a new position in shares of Marriott Vacations Worldwide in the second quarter worth about $6,681,000. Illinois Municipal Retirement Fund purchased a new position in shares of Marriott Vacations Worldwide in the first quarter worth about $868,000. Finally, Corient Private Wealth LP bought a new stake in shares of Marriott Vacations Worldwide in the 2nd quarter valued at about $1,880,000. Institutional investors and hedge funds own 89.52% of the company’s stock.

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.