Jupiter Topco LLC Acquires Shares of 13,729 Marriott Vacations Worldwide Corporation $VAC

Jupiter Topco LLC bought a new position in Marriott Vacations Worldwide Corporation (NYSE:VAC) in the 2nd quarter, Holdings Channel.com reports. The firm bought 13,729 shares of the company’s stock, valued at approximately $1,399,000.

Several other large investors also recently bought and sold shares of the company. LSV Asset Management lifted its stake in shares of Marriott Vacations Worldwide by 7.9% in the fourth quarter. LSV Asset Management now owns 204,657 shares of the company’s stock worth $11,807,000 after acquiring an additional 15,025 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Marriott Vacations Worldwide by 7.4% during the 4th quarter. Vanguard Group Inc. now owns 3,392,787 shares of the company’s stock valued at $195,730,000 after buying an additional 234,105 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Marriott Vacations Worldwide during the second quarter worth approximately $17,975,000. Illinois Municipal Retirement Fund acquired a new stake in shares of Marriott Vacations Worldwide during the first quarter worth approximately $868,000. Finally, Public Employees Retirement System of Ohio increased its stake in shares of 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 buying an additional 22,236 shares during the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Marriott Vacations Worldwide Trading Up 7.5%

NYSE:VAC opened at $106.70 on Friday. The stock has a market cap of $3.67 billion, a price-to-earnings ratio of -10.95, a PEG ratio of 1.89 and a beta of 1.24. 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 Corporation has a 1 year low of $44.58 and a 1 year high of $131.34. The business has a fifty day moving average of $105.12 and a 200-day moving average of $85.37.

Marriott Vacations Worldwide (NYSE:VAC) last posted its quarterly earnings data on Thursday, August 6th. The company reported $2.31 EPS for the quarter, beating analysts’ consensus estimates of $1.97 by $0.34. Marriott Vacations Worldwide had a negative net margin of 6.47% and a positive return on equity of 12.27%. The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same quarter last year, the business earned $1.96 earnings per share. The business’s revenue for the quarter was up 5.9% on a year-over-year basis. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. Equities analysts predict that Marriott Vacations Worldwide Corporation will post 8.7 earnings per share for the current year.

Marriott Vacations Worldwide Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be issued a $0.80 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $3.20 annualized dividend and a dividend yield of 3.0%. Marriott Vacations Worldwide’s dividend payout ratio is currently -32.85%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on VAC shares. The Goldman Sachs Group restated a “buy” rating and issued a $132.00 target price on shares of Marriott Vacations Worldwide in a research note on Friday, August 7th. Wall Street Zen raised Marriott Vacations Worldwide from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Morgan Stanley restated an “underweight” rating and set a $65.00 price objective on shares of Marriott Vacations Worldwide in a research note on Tuesday, August 18th. Weiss Ratings raised shares of Marriott Vacations Worldwide from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, August 7th. Finally, Barclays boosted their target price on shares of Marriott Vacations Worldwide from $94.00 to $140.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $101.45.

Insiders Place Their Bets

In related news, Director Christian Asmar sold 750,000 shares of the company’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $111.49, for a total transaction of $83,617,500.00. Following the transaction, the director directly owned 3,380,818 shares of the company’s stock, valued at approximately $376,927,398.82. The trade was a 18.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Kathleen A. Pighini sold 2,500 shares of the stock in a transaction dated 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 directly owned 10,821 shares of the company’s stock, valued at approximately $1,298,520. This represents a 18.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 13.30% of the stock is owned by insiders.

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.