Marriott Vacations Worldwide Corporation (NYSE:VAC) Receives Consensus Recommendation of "Hold" from Brokerages

Key Points

• Analysts have a consensus “Hold” rating on Marriott Vacations Worldwide, with seven buys, two holds, three sells and one strong buy. The average 12-month price target is $106.27, modestly above the reported $102.62 share price.
• The company exceeded quarterly expectations, reporting EPS of $2.31 versus the $1.97 consensus and revenue of $1.32 billion. Revenue increased 5.9% year over year, while full-year EPS guidance is $8.25–$9.05.
• Marriott Vacations Worldwide declared a quarterly dividend of $0.80 per share, implying a 3.1% annualized yield. Insiders recently sold shares, including a director’s $83.6 million sale, while institutional investors own 89.52% of the stock.

Marriott Vacations Worldwide Corporation (NYSE:VAC - Get Free Report) has earned an average rating of "Hold" from the thirteen brokerages that are covering the company, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, two have given a hold recommendation, seven have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $106.2727.

A number of research firms have recently commented on VAC. Truist Financial raised their price objective on shares of Marriott Vacations Worldwide from $97.00 to $134.00 and gave the company a "buy" rating in a research report on Thursday, September 10th. Morgan Stanley reaffirmed an "underweight" rating and set a $65.00 target price on shares of Marriott Vacations Worldwide in a report on Tuesday, August 18th. Wells Fargo & Company increased their target price on shares of Marriott Vacations Worldwide from $68.00 to $101.00 and gave the stock an "underweight" rating in a research note on Friday, August 7th. Susquehanna assumed coverage on shares of Marriott Vacations Worldwide in a report on Tuesday, August 18th. They issued a "neutral" rating and a $110.00 price target for the company. Finally, Wall Street Zen upgraded Marriott Vacations Worldwide from a "hold" rating to a "buy" rating in a research report on Saturday, August 15th.

Marriott Vacations Worldwide Price Performance

Shares of NYSE VAC opened at $102.62 on Friday. The company has a debt-to-equity ratio of 2.65, a quick ratio of 2.99 and a current ratio of 3.56. Marriott Vacations Worldwide has a fifty-two week low of $44.58 and a fifty-two week high of $131.34. The stock has a market cap of $3.53 billion, a PE ratio of -10.54, a price-to-earnings-growth ratio of 1.96 and a beta of 1.24. The stock has a fifty day moving average of $105.78 and a 200-day moving average of $88.42.

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 business had revenue of $1.32 billion for the quarter, compared to analysts' expectations of $1.30 billion. Marriott Vacations Worldwide had a positive return on equity of 12.27% and a negative net margin of 6.47%.The firm's quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.96 EPS. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. Equities research analysts anticipate that Marriott Vacations Worldwide will post 8.7 earnings per share for the current year.

Marriott Vacations Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Wednesday, September 16th. Marriott Vacations Worldwide's dividend payout ratio (DPR) is -32.85%.

Insider Activity at Marriott Vacations Worldwide

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 $376,927,398.82. The trade was a 18.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Kathleen A. Pighini sold 2,500 shares of the business'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 transaction, the insider directly owned 10,821 shares of the company's stock, valued at approximately $1,298,520. This represents a 18.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 13.30% of the stock is currently owned by corporate insiders.

Institutional Trading of Marriott Vacations Worldwide

Hedge funds have recently made changes to their positions in the stock. Cassaday & Co Wealth Management LLC grew its position in Marriott Vacations Worldwide by 5.9% in the first quarter. Cassaday & Co Wealth Management LLC now owns 4,987 shares of the company's stock worth $325,000 after acquiring an additional 276 shares in the last quarter. Aaron Wealth Advisors LLC raised its position in Marriott Vacations Worldwide by 4.2% during the first quarter. Aaron Wealth Advisors LLC now owns 7,274 shares of the company's stock valued at $474,000 after purchasing an additional 296 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in Marriott Vacations Worldwide by 2.3% during the second quarter. The Manufacturers Life Insurance Company now owns 14,082 shares of the company's stock valued at $1,435,000 after purchasing an additional 316 shares in the last quarter. Blue Trust Inc. lifted its stake in Marriott Vacations Worldwide by 55.2% during the first quarter. Blue Trust Inc. now owns 956 shares of the company's stock worth $62,000 after purchasing an additional 340 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of Marriott Vacations Worldwide by 51.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,085 shares of the company's stock worth $63,000 after purchasing an additional 367 shares in the last quarter. 89.52% of the stock is owned by institutional investors.

About Marriott Vacations Worldwide

Marriott Vacations Worldwide Corporation NYSE: VAC is a vacation ownership and leisure travel company. It develops, markets, sells, and manages vacation ownership interests, including timeshare and related membership products, that provide customers with access to resort accommodations and vacation experiences.

The company operates a portfolio of vacation ownership brands that includes Marriott Vacation Club, Sheraton Vacation Club, Westin Vacation Club, Grand Residences by Marriott, and Hyatt Vacation Club.

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