New York State Teachers Retirement System Has $1.99 Million Stake in Marriott Vacations Worldwide Corporation $VAC

New York State Teachers Retirement System reduced its holdings in shares of Marriott Vacations Worldwide Corporation (NYSE:VAC) by 17.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 30,489 shares of the company’s stock after selling 6,272 shares during the quarter. New York State Teachers Retirement System owned approximately 0.09% of Marriott Vacations Worldwide worth $1,985,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Goldman Sachs Group Inc. raised its stake in Marriott Vacations Worldwide by 18.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 140,662 shares of the company’s stock valued at $9,036,000 after acquiring an additional 21,623 shares during the period. Empowered Funds LLC boosted its position in Marriott Vacations Worldwide by 147.9% during the first quarter. Empowered Funds LLC now owns 8,487 shares of the company’s stock worth $545,000 after purchasing an additional 5,064 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Marriott Vacations Worldwide by 4.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 100,636 shares of the company’s stock valued at $6,465,000 after purchasing an additional 4,497 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Marriott Vacations Worldwide by 102.9% in the second quarter. Invesco Ltd. now owns 212,199 shares of the company’s stock valued at $15,344,000 after purchasing an additional 107,598 shares during the last quarter. Finally, First Trust Advisors LP raised its position in shares of Marriott Vacations Worldwide by 22.7% in the second quarter. First Trust Advisors LP now owns 121,820 shares of the company’s stock valued at $8,809,000 after purchasing an additional 22,506 shares during the period. 89.52% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently commented on the stock. Barclays lifted their target price on shares of Marriott Vacations Worldwide from $80.00 to $94.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Wells Fargo & Company increased their target price on Marriott Vacations Worldwide from $58.00 to $66.00 and gave the stock an “underweight” rating in a research note on Thursday, May 7th. The Goldman Sachs Group raised Marriott Vacations Worldwide from a “sell” rating to a “buy” rating and set a $100.00 price target for the company in a report on Monday, June 1st. Zacks Research downgraded Marriott Vacations Worldwide from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 2nd. Finally, Morgan Stanley upped their price objective on Marriott Vacations Worldwide from $50.00 to $51.00 and gave the company an “underweight” rating in a report on Tuesday, May 12th. Seven investment 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 an average rating of “Hold” and an average target price of $86.40.

Marriott Vacations Worldwide Trading Down 0.5%

Shares of VAC stock opened at $98.31 on Friday. The company has a current ratio of 3.30, a quick ratio of 2.77 and a debt-to-equity ratio of 2.80. The stock has a market cap of $3.38 billion, a P/E ratio of -9.74, a price-to-earnings-growth ratio of 2.24 and a beta of 1.22. The stock has a 50 day simple moving average of $87.58 and a 200 day simple moving average of $71.82. Marriott Vacations Worldwide Corporation has a 1 year low of $44.58 and a 1 year high of $105.97.

Marriott Vacations Worldwide (NYSE:VAC) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $1.24 EPS for the quarter, missing analysts’ consensus estimates 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%.Marriott Vacations Worldwide’s revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the business earned $1.66 EPS. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. On average, research analysts predict that Marriott Vacations Worldwide Corporation will post 7.31 earnings per share for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th were given 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 3.3%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is presently -31.71%.

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.