Marriott Vacations Worldwide (NYSE:VAC) Price Target Raised to $52.00

Marriott Vacations Worldwide (NYSE:VAC) had its target price hoisted by Morgan Stanley from $51.00 to $52.00 in a research note released on Friday,Benzinga reports. The brokerage currently has an underweight rating on the stock.

A number of other brokerages have also weighed in on VAC. Wells Fargo & Company upped their price objective on Marriott Vacations Worldwide from $66.00 to $68.00 and gave the stock an “underweight” rating in a report on Tuesday, July 14th. Zacks Research downgraded Marriott Vacations Worldwide from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 2nd. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Marriott Vacations Worldwide from $92.00 to $119.00 and gave the stock a “buy” rating in a research report on Tuesday, June 30th. Mizuho set a $103.00 price target on shares of Marriott Vacations Worldwide in a research note on Wednesday, May 6th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Marriott Vacations Worldwide in a report on Friday, June 12th. Seven research analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $86.70.

Marriott Vacations Worldwide Price Performance

Shares of VAC opened at $99.89 on Friday. Marriott Vacations Worldwide has a twelve month low of $44.58 and a twelve month high of $105.97. The stock’s 50 day moving average is $89.93 and its two-hundred day moving average is $73.34. The firm has a market capitalization of $3.43 billion, a PE ratio of -9.90, a P/E/G ratio of 2.26 and a beta of 1.22. The company has a current ratio of 3.30, a quick ratio of 2.77 and a debt-to-equity ratio of 2.80.

Marriott Vacations Worldwide (NYSE:VAC) last released its earnings results on Tuesday, May 5th. The company reported $1.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.67 by ($0.43). The business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.20 billion. Marriott Vacations Worldwide had a positive return on equity of 11.37% and a negative net margin of 6.72%.The business’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.66 EPS. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. Research analysts anticipate that Marriott Vacations Worldwide will post 7.32 earnings per share for the current year.

Marriott Vacations Worldwide Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th were paid a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Wednesday, May 27th. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is presently -31.71%.

Institutional Trading of Marriott Vacations Worldwide

A number of institutional investors have recently bought and sold shares of VAC. Diversified Trust Co. lifted its position in shares of Marriott Vacations Worldwide by 6.1% in the fourth quarter. Diversified Trust Co. now owns 4,077 shares of the company’s stock valued at $235,000 after acquiring an additional 234 shares in the last quarter. Cassaday & Co Wealth Management LLC increased its position in Marriott Vacations Worldwide by 5.9% during the 1st quarter. Cassaday & Co Wealth Management LLC now owns 4,987 shares of the company’s stock worth $325,000 after purchasing an additional 276 shares in the last quarter. Aaron Wealth Advisors LLC raised its stake in Marriott Vacations Worldwide by 4.2% in the 1st 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 during the last quarter. Blue Trust Inc. raised its stake in Marriott Vacations Worldwide by 55.2% in the 1st quarter. Blue Trust Inc. now owns 956 shares of the company’s stock valued at $62,000 after purchasing an additional 340 shares during the last quarter. Finally, Wedge Capital Management L L P NC lifted its holdings in Marriott Vacations Worldwide by 0.8% in the 4th quarter. Wedge Capital Management L L P NC now owns 46,686 shares of the company’s stock valued at $2,693,000 after purchasing an additional 355 shares in the last quarter. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

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.