Marriott Vacations Worldwide (NYSE:VAC) Price Target Raised to $52.00 at Morgan Stanley

Marriott Vacations Worldwide (NYSE:VAC) had its target price hoisted by Morgan Stanley from $51.00 to $52.00 in a report released on Friday morning,Benzinga reports. They currently have an underweight rating on the stock.

Several other equities analysts have also recently weighed in on VAC. Barclays raised their price objective on Marriott Vacations Worldwide from $80.00 to $94.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. The Goldman Sachs Group raised shares of Marriott Vacations Worldwide from a “sell” rating to a “buy” rating and set a $100.00 price objective for the company in a report on Monday, June 1st. Mizuho set a $103.00 target price on shares of Marriott Vacations Worldwide in a research note on Wednesday, May 6th. Wells Fargo & Company boosted their price target on shares of Marriott Vacations Worldwide from $66.00 to $68.00 and gave the stock an “underweight” rating in a research note on Tuesday. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Marriott Vacations Worldwide from $92.00 to $119.00 and gave the stock a “buy” rating in a research note on Tuesday, June 30th. Seven investment 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. According to data from MarketBeat.com, Marriott Vacations Worldwide has an average rating of “Hold” and an average target price of $86.70.

Marriott Vacations Worldwide Stock Performance

Shares of NYSE:VAC opened at $99.89 on Friday. The company has a debt-to-equity ratio of 2.80, a current ratio of 3.30 and a quick ratio of 2.77. Marriott Vacations Worldwide has a 1 year low of $44.58 and a 1 year high of $105.97. The stock has a market capitalization of $3.43 billion, a price-to-earnings ratio of -9.90, a price-to-earnings-growth ratio of 2.31 and a beta of 1.22. The company’s 50 day simple moving average is $89.93 and its 200 day simple moving average is $73.23.

Marriott Vacations Worldwide (NYSE:VAC) last announced its quarterly 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 business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.20 billion. Marriott Vacations Worldwide had a negative net margin of 6.72% and a positive return on equity of 11.37%. The company’s revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the company 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 predict that Marriott Vacations Worldwide will post 7.31 EPS for the current fiscal year.

Marriott Vacations Worldwide Dividend Announcement

The company also recently declared 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. The ex-dividend date of this dividend was Wednesday, May 27th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 3.2%. Marriott Vacations Worldwide’s dividend payout ratio is presently -31.71%.

Institutional Investors Weigh In On Marriott Vacations Worldwide

A number of hedge funds have recently made changes to their positions in the stock. Handelsbanken Fonder AB grew its position in Marriott Vacations Worldwide by 231.3% during the 2nd quarter. Handelsbanken Fonder AB now owns 13,177 shares of the company’s stock worth $1,342,000 after purchasing an additional 9,200 shares during the last quarter. California State Teachers Retirement System increased its position in shares of Marriott Vacations Worldwide by 30.2% in the 1st quarter. California State Teachers Retirement System now owns 35,683 shares of the company’s stock valued at $2,324,000 after acquiring an additional 8,281 shares during the period. Quantinno Capital Management LP increased its position in shares of Marriott Vacations Worldwide by 12.3% in the 1st quarter. Quantinno Capital Management LP now owns 474,037 shares of the company’s stock valued at $30,869,000 after acquiring an additional 52,007 shares during the period. Public Employees Retirement System of Ohio raised its stake in Marriott Vacations Worldwide by 51.2% in the 1st 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 last quarter. Finally, Caxton Associates LLP raised its stake in Marriott Vacations Worldwide by 13.6% in 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 during the last quarter. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

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.