Penn Capital Management Company LLC Takes $16.61 Million Position in Marriott Vacations Worldwide Corporation $VAC

Key Points

• Penn Capital Management initiated a $16.61 million position in Marriott Vacations Worldwide, buying 162,740 shares, while institutional investors collectively own 89.52% of VAC.
• VAC reported quarterly EPS of $2.31, beating estimates of $1.97, as revenue rose 5.9% year over year to $1.32 billion. Analysts expect about $8.70 in EPS for the current year, though the company has negative net margins and substantial leverage.
• Insider activity was mixed: Director Christian Asmar sold 750,000 shares worth $83.6 million, while Kathleen Pighini sold 2,500 shares. Analyst views remain divided, producing a consensus “Hold” rating and an average price target of $101.45.

Penn Capital Management Company LLC bought a new position in shares of Marriott Vacations Worldwide Corporation (NYSE:VAC - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 162,740 shares of the company's stock, valued at approximately $16,611,000. Penn Capital Management Company LLC owned approximately 0.47% of Marriott Vacations Worldwide as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in VAC. Goldman Sachs Group Inc. increased its stake in Marriott Vacations Worldwide by 18.2% in the first quarter. Goldman Sachs Group Inc. now owns 140,662 shares of the company's stock valued at $9,036,000 after purchasing an additional 21,623 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of Marriott Vacations Worldwide by 147.9% in the 1st quarter. Empowered Funds LLC now owns 8,487 shares of the company's stock valued at $545,000 after buying an additional 5,064 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Marriott Vacations Worldwide by 4.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 100,636 shares of the company's stock valued at $6,465,000 after buying an additional 4,497 shares in the last quarter. Invesco Ltd. grew its position in shares of Marriott Vacations Worldwide by 102.9% in the 2nd quarter. Invesco Ltd. now owns 212,199 shares of the company's stock valued at $15,344,000 after buying an additional 107,598 shares during the last quarter. Finally, First Trust Advisors LP grew its position in shares of Marriott Vacations Worldwide by 22.7% in the 2nd quarter. First Trust Advisors LP now owns 121,820 shares of the company's stock valued at $8,809,000 after buying an additional 22,506 shares during the last quarter. Hedge funds and other institutional investors own 89.52% of the company's stock.

Insiders Place Their Bets

In other news, insider Kathleen A. Pighini sold 2,500 shares of the business's stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $120.00, for a total transaction of $300,000.00. Following the transaction, the insider directly owned 10,821 shares in the company, valued at $1,298,520. The trade was a 18.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 value 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. This represents a 18.16% decrease in their position. The SEC filing for this sale provides additional information. 13.30% of the stock is currently owned by corporate insiders.

Marriott Vacations Worldwide Stock Down 1.2%

Marriott Vacations Worldwide stock opened at $110.15 on Friday. The stock has a 50 day moving average of $104.77 and a two-hundred day moving average of $83.72. Marriott Vacations Worldwide Corporation has a twelve month low of $44.58 and a twelve month high of $131.34. The stock has a market capitalization of $3.79 billion, a price-to-earnings ratio of -11.31, a PEG ratio of 2.10 and a beta of 1.23. The company has a current ratio of 3.56, a quick ratio of 2.99 and a debt-to-equity ratio of 2.65.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $2.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.97 by $0.34. Marriott Vacations Worldwide had a positive return on equity of 12.27% and a negative net margin of 6.47%.The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same quarter in the previous year, the company posted $1.96 earnings per share. The company's revenue for the quarter was up 5.9% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. As a group, research analysts expect that Marriott Vacations Worldwide Corporation will post 8.7 earnings per share for the current year.

Key Marriott Vacations Worldwide News

Here are the key news stories impacting Marriott Vacations Worldwide this week:

• Positive Sentiment: Broad earnings-estimate upgrades: Zacks lifted its FY2026 EPS forecast to $8.33 from $7.38, FY2027 to $8.67 from $7.44, and FY2028 to $9.20 from $7.96. Quarterly estimates were also raised, including Q3 2026 EPS to $1.99 from $1.66 and Q3 2027 EPS to $2.70 from $1.89. These revisions indicate stronger expected earnings momentum. Marriott Vacations Worldwide earnings estimate revisions
• Positive Sentiment: Analyst remains strongly bullish: Zacks Research maintained a “Strong-Buy” view on VAC, reinforcing the positive signal from the higher forecasts. The current-year analyst consensus is $8.88 EPS, while Zacks projects earnings growth to $9.20 per share in FY2028. Zacks Research rating and estimates
• Positive Sentiment: Growth-stock appeal highlighted: A separate Zacks analysis identified Marriott Vacations Worldwide as a strong growth stock using its Style Scores framework, potentially attracting growth-oriented investors. Why Marriott Vacations Worldwide is a Strong Growth Stock
• Neutral Sentiment: The revisions are analyst forecasts rather than new company guidance or reported results. Investors should also weigh execution risk, Marriott Vacations Worldwide’s substantial leverage, and the possibility that elevated expectations are already reflected in the shares.

Wall Street Analyst Weigh In

A number of analysts have recently commented on VAC shares. Zacks Research upgraded Marriott Vacations Worldwide from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 10th. Barclays lifted 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. Susquehanna initiated coverage on 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. Morgan Stanley reaffirmed an "underweight" rating and issued a $65.00 target price on shares of Marriott Vacations Worldwide in a report on Tuesday, August 18th. Finally, Mizuho set a $103.00 price target on shares of Marriott Vacations Worldwide in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have given a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $101.45.

About Marriott Vacations Worldwide

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.

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