Marriott Vacations Worldwide (NYSE:VAC) Hits New 1-Year High – Still a Buy?

Marriott Vacations Worldwide Corporation (NYSE:VAC) reached a new 52-week high on Monday . The stock traded as high as $102.03 and last traded at $100.4650, with a volume of 521 shares changing hands. The stock had previously closed at $101.30.

Wall Street Analysts Forecast Growth

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

Marriott Vacations Worldwide Stock Performance

The stock’s 50-day simple moving average is $83.45 and its 200 day simple moving average is $69.61. The company has a market capitalization of $3.51 billion, a PE ratio of -10.12, a P/E/G ratio of 2.35 and a beta of 1.25. The company has a debt-to-equity ratio of 2.80, a quick ratio of 2.77 and a current ratio of 3.30.

Marriott Vacations Worldwide (NYSE:VAC) last released its quarterly earnings data 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 firm had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.20 billion. Marriott Vacations Worldwide had a positive return on equity of 11.37% and a negative net margin of 6.72%.Marriott Vacations Worldwide’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period last year, the firm posted $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 expect that Marriott Vacations Worldwide Corporation will post 7.26 earnings per share for the current fiscal year.

Marriott Vacations Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 27th were issued a $0.80 dividend. The ex-dividend date was Wednesday, May 27th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 3.1%. Marriott Vacations Worldwide’s dividend payout ratio is presently -31.71%.

Institutional Investors Weigh In On Marriott Vacations Worldwide

Several institutional investors have recently added to or reduced their stakes in VAC. Diversified Trust Co. boosted its holdings in 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 purchasing an additional 234 shares in the last quarter. Cassaday & Co Wealth Management LLC raised its holdings in Marriott Vacations Worldwide by 5.9% during the first 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 lifted its position in shares of Marriott Vacations Worldwide by 4.2% during the 1st quarter. Aaron Wealth Advisors LLC now owns 7,274 shares of the company’s stock worth $474,000 after buying an additional 296 shares during the last quarter. Blue Trust Inc. lifted its position 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 during the last quarter. Finally, Wedge Capital Management L L P NC lifted its position in shares of Marriott Vacations Worldwide by 0.8% during the 4th quarter. Wedge Capital Management L L P NC now owns 46,686 shares of the company’s stock worth $2,693,000 after buying an additional 355 shares during the last quarter. Hedge funds and other institutional investors own 89.52% of the company’s stock.

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.