New York State Teachers Retirement System Sells 6,272 Shares of Marriott Vacations Worldwide Corporation $VAC

New York State Teachers Retirement System trimmed its position in Marriott Vacations Worldwide Corporation (NYSE:VAC) by 17.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,489 shares of the company’s stock after selling 6,272 shares during the quarter. New York State Teachers Retirement System’s holdings in Marriott Vacations Worldwide were worth $1,985,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Advisory Services Network LLC bought a new stake in Marriott Vacations Worldwide during the third quarter worth $27,000. IFP Advisors Inc increased its stake in shares of Marriott Vacations Worldwide by 1,828.0% in the 3rd quarter. IFP Advisors Inc now owns 482 shares of the company’s stock valued at $32,000 after purchasing an additional 457 shares during the last quarter. Leonteq Securities AG acquired a new position in shares of Marriott Vacations Worldwide during the 4th quarter worth $35,000. Kestra Advisory Services LLC acquired a new position in shares of Marriott Vacations Worldwide during the 4th quarter worth $37,000. Finally, Blue Trust Inc. raised its holdings in shares of Marriott Vacations Worldwide by 55.2% during the 1st quarter. Blue Trust Inc. now owns 956 shares of the company’s stock worth $62,000 after buying an additional 340 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently weighed in on VAC. The Goldman Sachs Group raised Marriott Vacations Worldwide from a “sell” rating to a “buy” rating and set a $100.00 price objective on the stock in a research note on Monday, June 1st. Deutsche Bank Aktiengesellschaft boosted their target price on Marriott Vacations Worldwide from $92.00 to $119.00 and gave the stock a “buy” rating in a research note on Tuesday, June 30th. Weiss Ratings reissued a “sell (d)” rating on shares of Marriott Vacations Worldwide in a report on Friday, June 12th. Mizuho set a $103.00 price target on shares of Marriott Vacations Worldwide in a research note on Wednesday, May 6th. Finally, Wells Fargo & Company lifted their price target on shares of Marriott Vacations Worldwide from $58.00 to $66.00 and gave the company an “underweight” rating in a report on Thursday, May 7th. Seven equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $86.40.

Marriott Vacations Worldwide Stock Performance

Shares of Marriott Vacations Worldwide stock opened at $98.31 on Friday. The company has a quick ratio of 2.77, a current ratio of 3.30 and a debt-to-equity ratio of 2.80. Marriott Vacations Worldwide Corporation has a twelve month low of $44.58 and a twelve month high of $105.97. The stock has a market cap of $3.38 billion, a price-to-earnings ratio of -9.74, a P/E/G ratio of 2.24 and a beta of 1.22. The company’s fifty day moving average is $87.58 and its 200 day moving average is $71.82.

Marriott Vacations Worldwide (NYSE:VAC) last announced 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 company had revenue of $1.26 billion for the quarter, compared to the consensus estimate 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 firm’s revenue for the quarter was up 4.8% on a year-over-year basis. 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. Sell-side analysts forecast that Marriott Vacations Worldwide Corporation will post 7.31 EPS for the current year.

Marriott Vacations Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 27th were given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Wednesday, May 27th. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is -31.71%.

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.