Handelsbanken Fonder AB Increases Holdings in Marriott Vacations Worldwide Corporation $VAC

Handelsbanken Fonder AB increased its position in Marriott Vacations Worldwide Corporation (NYSE:VAC) by 231.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,177 shares of the company’s stock after purchasing an additional 9,200 shares during the quarter. Handelsbanken Fonder AB’s holdings in Marriott Vacations Worldwide were worth $1,342,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of VAC. California State Teachers Retirement System grew its position in shares of Marriott Vacations Worldwide by 30.2% during the 1st quarter. California State Teachers Retirement System now owns 35,683 shares of the company’s stock worth $2,324,000 after buying an additional 8,281 shares in the last quarter. Quantinno Capital Management LP lifted its stake in Marriott Vacations Worldwide by 12.3% in the first quarter. Quantinno Capital Management LP now owns 474,037 shares of the company’s stock worth $30,869,000 after acquiring an additional 52,007 shares during the period. Public Employees Retirement System of Ohio lifted its stake in Marriott Vacations Worldwide by 51.2% in the first quarter. Public Employees Retirement System of Ohio now owns 65,679 shares of the company’s stock worth $4,277,000 after acquiring an additional 22,236 shares during the period. Caxton Associates LLP grew its holdings in Marriott Vacations Worldwide by 13.6% during the 1st quarter. Caxton Associates LLP now owns 57,242 shares of the company’s stock worth $3,728,000 after acquiring an additional 6,852 shares in the last quarter. Finally, Sei Investments Co. grew its holdings in Marriott Vacations Worldwide by 174.0% during the 1st quarter. Sei Investments Co. now owns 142,843 shares of the company’s stock worth $9,302,000 after acquiring an additional 90,704 shares in the last quarter. 89.52% of the stock is owned by institutional investors.

Insider Buying and Selling at Marriott Vacations Worldwide

In other news, insider Kathleen A. Pighini sold 2,500 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $120.00, for a total value of $300,000.00. Following the completion of the sale, the insider owned 10,821 shares of the company’s stock, valued at $1,298,520. This trade represents a 18.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 13.30% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have recently commented on VAC shares. Morgan Stanley restated an “underweight” rating and issued a $65.00 price target on shares of Marriott Vacations Worldwide in a report on Tuesday. The Goldman Sachs Group reissued a “buy” rating and set a $132.00 price objective on shares of Marriott Vacations Worldwide in a report on Friday, August 7th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $134.00 price objective on shares of Marriott Vacations Worldwide in a research note on Wednesday, August 12th. Wells Fargo & Company upped their target price on Marriott Vacations Worldwide from $68.00 to $101.00 and gave the stock an “underweight” rating in a report on Friday, August 7th. Finally, Susquehanna initiated coverage on Marriott Vacations Worldwide in a research report on Tuesday. They set a “neutral” rating and a $110.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Marriott Vacations Worldwide has a consensus rating of “Hold” and an average price target of $101.45.

Marriott Vacations Worldwide Stock Performance

VAC stock opened at $115.30 on Wednesday. The firm has a market cap of $3.97 billion, a price-to-earnings ratio of -11.84, a PEG ratio of 2.26 and a beta of 1.23. The firm has a 50-day simple moving average of $101.74 and a two-hundred day simple moving average of $80.63. Marriott Vacations Worldwide Corporation has a one year low of $44.58 and a one year high of $131.34. The company has a debt-to-equity ratio of 2.65, a quick ratio of 2.99 and a current ratio of 3.56.

Marriott Vacations Worldwide (NYSE:VAC) last released its quarterly earnings results on Thursday, August 6th. The company reported $2.31 earnings per share for the quarter, beating analysts’ consensus estimates of $1.97 by $0.34. The business had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.30 billion. Marriott Vacations Worldwide had a negative net margin of 6.47% and a positive return on equity of 12.27%. The company’s revenue was up 5.9% compared to the same quarter last year. During the same period last year, the business earned $1.96 EPS. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. On average, equities analysts forecast that Marriott Vacations Worldwide Corporation will post 8.88 EPS for the current fiscal year.

Marriott Vacations Worldwide 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.