Marriott Vacations Worldwide (NYSE:VAC) Stock Rating Cut to Hold at Zacks Research

Key Points

• Zacks Research downgraded Marriott Vacations Worldwide from “strong buy” to “hold.” The broader analyst consensus is also “hold,” with a consensus price target of $108.
• Analyst opinions remain mixed: price targets range from $63 to $140, with eight analysts rating the stock a buy, four a hold, and two a sell.
• Marriott Vacations Worldwide reported quarterly EPS of $2.31, beating expectations of $1.97, while revenue reached $1.32 billion and rose 5.9% year over year. Shares opened at $109.35, near the consensus target.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) was downgraded by stock analysts at Zacks Research from a "strong-buy" rating to a "hold" rating in a report issued on Thursday, Zacks reports.

Other equities research analysts also recently issued reports about the stock. Wells Fargo & Company lowered their target price on shares of Marriott Vacations Worldwide from $101.00 to $100.00 and set an "underweight" rating for the company in a research note on Monday. Barclays upped their price target on Marriott Vacations Worldwide from $94.00 to $140.00 and gave the stock an "overweight" rating in a research report on Friday, August 7th. Morgan Stanley decreased their price objective on Marriott Vacations Worldwide from $65.00 to $63.00 and set an "underweight" rating for the company in a report on Thursday. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $134.00 target price on shares of Marriott Vacations Worldwide in a research report on Wednesday, August 12th. Finally, Truist Financial increased their price target on Marriott Vacations Worldwide from $97.00 to $134.00 and gave the company a "buy" rating in a research note on Thursday, September 10th. Eight equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $108.00.

Marriott Vacations Worldwide Stock Performance

VAC stock opened at $109.35 on Thursday. Marriott Vacations Worldwide has a one year low of $44.58 and a one year high of $131.34. The firm has a market cap of $3.76 billion, a price-to-earnings ratio of -11.23, a PEG ratio of 2.49 and a beta of 1.30. The company has a debt-to-equity ratio of 2.65, a quick ratio of 2.99 and a current ratio of 3.56. The firm has a 50-day simple moving average of $106.46 and a two-hundred day simple moving average of $94.99.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $2.31 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.97 by $0.34. The firm 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 company's quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.96 EPS. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. On average, equities analysts forecast that Marriott Vacations Worldwide will post 8.77 EPS for the current fiscal year.

Insider Buying and Selling

In other Marriott Vacations Worldwide news, Director Christian Asmar sold 750,000 shares of Marriott Vacations Worldwide 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 completion of the sale, the director directly owned 3,380,818 shares in the company, valued at approximately $376,927,398.82. The trade was a 18.16% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Kathleen A. Pighini sold 2,500 shares of the company's stock in a transaction on Monday, August 17th. The shares were 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 in the company, valued at $1,298,520. This trade represents a 18.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 13.30% of the company's stock.

Institutional Investors Weigh In On Marriott Vacations Worldwide

Hedge funds have recently added to or reduced their stakes in the business. Signaturefd LLC grew its position in Marriott Vacations Worldwide by 67.0% during the third quarter. Signaturefd LLC now owns 561 shares of the company's stock valued at $57,000 after buying an additional 225 shares during the period. Fifth Third Wealth Advisors LLC acquired a new position in shares of Marriott Vacations Worldwide in the third quarter worth about $290,000. Root Financial Partners LLC purchased a new stake in shares of Marriott Vacations Worldwide during the 3rd quarter worth about $26,000. Reyes Financial Architecture Inc. purchased a new stake in shares of Marriott Vacations Worldwide during the 3rd quarter worth about $106,000. Finally, CWA Asset Management Group LLC purchased a new stake in shares of Marriott Vacations Worldwide during the 3rd quarter worth about $978,000. 89.52% of the stock is owned by hedge funds and other institutional investors.

About Marriott Vacations Worldwide

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.

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