Marriott Vacations Worldwide (NYSE:VAC) Shares Cross Above 200 Day Moving Average - Here's What Happened

Key Points

• Marriott Vacations Worldwide shares crossed above their 200-day moving average, reaching $105.18 before last trading at approximately $102.44, while the stock was down 2.1% on the day.
• Analyst views remain mixed: the consensus rating is “Hold” with an average price target of $106.27, despite targets ranging from $65 to $134.
• The company exceeded quarterly earnings expectations, reporting $2.31 in EPS versus a $1.97 estimate and $1.32 billion in revenue; it also announced a $0.80 quarterly dividend, equal to a 3.1% annualized yield.

Shares of Marriott Vacations Worldwide Corporation (NYSE:VAC - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $90.46 and traded as high as $105.18. Marriott Vacations Worldwide shares last traded at $102.4420, with a volume of 294,051 shares changing hands.

Analyst Upgrades and Downgrades

VAC has been the topic of a number of recent research reports. Wells Fargo & Company raised their price objective on Marriott Vacations Worldwide from $68.00 to $101.00 and gave the company an "underweight" rating in a research note on Friday, August 7th. Susquehanna started coverage on Marriott Vacations Worldwide in a research report on Tuesday, August 18th. They set a "neutral" rating and a $110.00 price target on the stock. Wall Street Zen raised Marriott Vacations Worldwide from a "hold" rating to a "buy" rating in a research note on Saturday, August 15th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $134.00 price objective on shares of Marriott Vacations Worldwide in a research note on Wednesday, August 12th. 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 equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $106.27.

Marriott Vacations Worldwide Trading Down 2.1%

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's fifty day moving average price is $106.38 and its two-hundred day moving average price is $90.46. The company has a market capitalization of $3.52 billion, a PE ratio of -10.52, a price-to-earnings-growth ratio of 2.33 and a beta of 1.24.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $2.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.97 by $0.34. The company 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%.Marriott Vacations Worldwide's quarterly revenue was up 5.9% on a year-over-year basis. During the same period last year, the firm earned $1.96 earnings per share. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. Sell-side analysts anticipate that Marriott Vacations Worldwide Corporation will post 8.7 earnings per share for the current year.

Marriott Vacations Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th were paid a dividend of $0.80 per share. The ex-dividend date of this dividend was Wednesday, September 16th. This represents a $3.20 annualized dividend and a dividend yield of 3.1%. Marriott Vacations Worldwide's payout ratio is -32.85%.

Insider Buying and Selling

In related news, insider Kathleen A. Pighini sold 2,500 shares of the company'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 owned 10,821 shares in the company, valued at $1,298,520. This represents a 18.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Christian Asmar sold 750,000 shares of the firm's stock in a transaction on Wednesday, August 19th. The stock was 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 of the company's stock, valued at $376,927,398.82. The trade was a 18.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 13.30% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Marriott Vacations Worldwide

A number of large investors have recently modified their holdings of the stock. Bank of New York Mellon Corp bought a new position in Marriott Vacations Worldwide in the second quarter worth $17,975,000. Penn Capital Management Company LLC bought a new position in shares of Marriott Vacations Worldwide in the 2nd quarter worth about $16,611,000. Ancora Advisors LLC purchased a new position in Marriott Vacations Worldwide during the 2nd quarter valued at about $16,002,000. Bamco Inc. NY purchased a new position in Marriott Vacations Worldwide during the 2nd quarter valued at about $14,751,000. Finally, Empowered Funds LLC bought a new stake in Marriott Vacations Worldwide during the second quarter worth about $14,325,000. Institutional investors own 89.52% of the company's stock.

About Marriott Vacations Worldwide

Marriott Vacations Worldwide Corporation NYSE: VAC is a vacation ownership and leisure travel company headquartered in Orlando, Florida. The company develops, markets, sells, and manages vacation ownership interests, commonly known as timeshare products, that provide customers with access to resort accommodations and related travel experiences.

Its portfolio includes Marriott Vacation Club, Sheraton Vacation Club, Westin Vacation Club, Grand Residences by Marriott, and Hyatt Vacation Club brands.

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