Marriott Vacations Worldwide (NYSE:VAC) Hits New 52-Week High – Here’s What Happened

Marriott Vacations Worldwide Corporation (NYSE:VAC)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $92.04 and last traded at $92.6880, with a volume of 16293 shares. The stock had previously closed at $89.51.

Wall Street Analyst Weigh In

VAC has been the topic of a number of recent research reports. The Goldman Sachs Group raised Marriott Vacations Worldwide from a “sell” rating to a “buy” rating and set a $100.00 target price on the stock in a report on Monday, June 1st. Stifel Nicolaus raised their target price on Marriott Vacations Worldwide from $77.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Wells Fargo & Company raised their target price on Marriott Vacations Worldwide from $58.00 to $66.00 and gave the stock an “underweight” rating in a report on Thursday, May 7th. Mizuho set a $103.00 target price on Marriott Vacations Worldwide in a report on Wednesday, May 6th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $92.00 target price on shares of Marriott Vacations Worldwide in a report on Thursday, April 30th. Seven research analysts have rated the stock with a Buy rating, two have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Marriott Vacations Worldwide has an average rating of “Hold” and an average price target of $83.70.

Marriott Vacations Worldwide Trading Up 0.0%

The company has a quick ratio of 2.77, a current ratio of 3.30 and a debt-to-equity ratio of 2.80. The stock has a fifty day simple moving average of $74.34 and a 200 day simple moving average of $64.76. The firm has a market capitalization of $3.07 billion, a P/E ratio of -8.89, a PEG ratio of 2.04 and a beta of 1.25.

Marriott Vacations Worldwide (NYSE:VAC) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $1.24 EPS for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.43). The business had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.20 billion. Marriott Vacations Worldwide had a negative net margin of 6.72% and a positive return on equity of 11.37%. Marriott Vacations Worldwide’s revenue was up 4.8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.66 earnings per share. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. As a group, research analysts forecast that Marriott Vacations Worldwide Corporation will post 7.26 EPS for the current year.

Marriott Vacations Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 27th will be issued a dividend of $0.80 per share. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $3.20 dividend on an annualized basis and a yield of 3.6%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is currently -31.71%.

Institutional Investors Weigh In On Marriott Vacations Worldwide

A number of institutional investors and hedge funds have recently bought and sold shares of VAC. Capital World Investors bought a new stake in Marriott Vacations Worldwide during the third quarter valued at about $226,000. Vanguard Group Inc. raised its holdings in Marriott Vacations Worldwide by 7.4% during the fourth quarter. Vanguard Group Inc. now owns 3,392,787 shares of the company’s stock valued at $195,730,000 after acquiring an additional 234,105 shares during the period. Schonfeld Strategic Advisors LLC bought a new stake in Marriott Vacations Worldwide during the fourth quarter valued at about $12,633,000. AQR Capital Management LLC raised its holdings in Marriott Vacations Worldwide by 157.8% during the fourth quarter. AQR Capital Management LLC now owns 351,552 shares of the company’s stock valued at $20,281,000 after acquiring an additional 215,202 shares during the period. Finally, Goldman Sachs Group Inc. grew its position in shares of Marriott Vacations Worldwide by 41.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 399,668 shares of the company’s stock valued at $23,057,000 after purchasing an additional 117,030 shares in the last quarter. 89.52% of the stock is owned by institutional investors.

Marriott Vacations Worldwide Company Profile

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.