Wall Street Zen upgraded shares of Marriott Vacations Worldwide (NYSE:VAC – Free Report) from a hold rating to a buy rating in a research report released on Saturday morning.
Other research analysts have also issued research reports about the company. The Goldman Sachs Group reaffirmed a “buy” rating and set a $132.00 price target on shares of Marriott Vacations Worldwide in a research report on Friday, August 7th. Wells Fargo & Company lifted their target price on shares of Marriott Vacations Worldwide from $68.00 to $101.00 and gave the company an “underweight” rating in a report on Friday, August 7th. Zacks Research upgraded shares of Marriott Vacations Worldwide from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Morgan Stanley lifted their target price on Marriott Vacations Worldwide from $51.00 to $52.00 and gave the company an “underweight” rating in a research note on Friday, July 17th. Finally, Barclays upped their price objective on shares of Marriott Vacations Worldwide from $94.00 to $140.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Marriott Vacations Worldwide has a consensus rating of “Moderate Buy” and an average target price of $99.30.
Read Our Latest Stock Report on Marriott Vacations Worldwide
Marriott Vacations Worldwide Stock Performance
Marriott Vacations Worldwide (NYSE:VAC – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $2.31 earnings per share for the quarter, topping 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 company had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.30 billion. During the same quarter last year, the company earned $1.96 earnings per share. The firm’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. Research analysts predict that Marriott Vacations Worldwide will post 8.88 EPS for the current fiscal year.
Institutional Investors Weigh In On Marriott Vacations Worldwide
Several institutional investors have recently modified their holdings of the company. Cassaday & Co Wealth Management LLC boosted its position 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 holdings in shares of Marriott Vacations Worldwide by 4.2% in the first quarter. Aaron Wealth Advisors LLC now owns 7,274 shares of the company’s stock valued at $474,000 after purchasing an additional 296 shares in the last quarter. Blue Trust Inc. grew its position in shares of Marriott Vacations Worldwide by 55.2% in the first quarter. Blue Trust Inc. now owns 956 shares of the company’s stock valued at $62,000 after purchasing an additional 340 shares during the last quarter. Rockefeller Capital Management L.P. grew its position in shares of Marriott Vacations Worldwide by 51.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,085 shares of the company’s stock valued at $63,000 after purchasing an additional 367 shares during the last quarter. Finally, Advisory Services Network LLC purchased a new position in shares of Marriott Vacations Worldwide during the 3rd quarter worth approximately $27,000. 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.
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