Marriott Vacations Worldwide (NYSE:VAC) Research Coverage Started at JPMorgan Chase & Co.

JPMorgan Chase & Co. initiated coverage on shares of Marriott Vacations Worldwide (NYSE:VAC) in a research note issued to investors on Thursday morning, MarketBeat reports. The brokerage issued an overweight rating and a $125.00 target price on the stock.

A number of other analysts have also issued reports on the company. Truist Financial boosted their price target on Marriott Vacations Worldwide from $97.00 to $134.00 and gave the company a “buy” rating in a report on Thursday, September 10th. Wells Fargo & Company raised their price objective on Marriott Vacations Worldwide from $68.00 to $101.00 and gave the stock an “underweight” rating in a report on Friday, August 7th. Susquehanna initiated coverage on Marriott Vacations Worldwide in a research report on Tuesday, August 18th. They set a “neutral” rating and a $110.00 target price for the company. The Goldman Sachs Group reiterated a “buy” rating and issued a $132.00 target price on shares of Marriott Vacations Worldwide in a report on Friday, August 7th. Finally, Zacks Research raised Marriott Vacations Worldwide from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $107.83.

Marriott Vacations Worldwide Trading Up 0.9%

VAC stock opened at $105.18 on Thursday. The company has a market capitalization of $3.62 billion, a PE ratio of -10.80, a P/E/G ratio of 2.32 and a beta of 1.30. Marriott Vacations Worldwide has a 12 month low of $44.58 and a 12 month high of $131.34. The firm’s 50-day moving average is $107.15 and its 200 day moving average is $92.04. The company has a debt-to-equity ratio of 2.65, a current ratio of 3.56 and a quick ratio of 2.99.

Marriott Vacations Worldwide (NYSE:VAC) last announced its quarterly earnings data on Thursday, August 6th. The company reported $2.31 earnings per share for the quarter, beating analysts’ consensus estimates of $1.97 by $0.34. The company had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.30 billion. Marriott Vacations Worldwide had a negative net margin of 6.47% and a positive return on equity of 12.27%. The firm’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter last year, the business posted $1.96 EPS. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. On average, research analysts anticipate that Marriott Vacations Worldwide will post 8.77 EPS for the current year.

Marriott Vacations Worldwide Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th were paid a dividend of $0.80 per share. The ex-dividend date was Wednesday, September 16th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 3.0%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is currently -32.85%.

Insider Activity at Marriott Vacations Worldwide

In other Marriott Vacations Worldwide 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 completion of the sale, the director owned 3,380,818 shares in the company, valued at $376,927,398.82. This represents a 18.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Kathleen A. Pighini sold 2,500 shares of the stock in a transaction on Monday, August 17th. The shares were sold at an average price of $120.00, for a total value of $300,000.00. Following the sale, the insider directly owned 10,821 shares in the company, valued at $1,298,520. This trade represents a 18.77% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 13.30% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. GAMMA Investing LLC increased its position in shares of Marriott Vacations Worldwide by 11.4% during the 3rd quarter. GAMMA Investing LLC now owns 2,239 shares of the company’s stock worth $229,000 after purchasing an additional 229 shares during the last quarter. Cassaday & Co Wealth Management LLC lifted its position in Marriott Vacations Worldwide by 5.9% in the first quarter. Cassaday & Co Wealth Management LLC now owns 4,987 shares of the company’s stock valued at $325,000 after buying an additional 276 shares during the last quarter. Aaron Wealth Advisors LLC lifted its position in 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 buying an additional 296 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in Marriott Vacations Worldwide by 2.3% during the second quarter. The Manufacturers Life Insurance Company now owns 14,082 shares of the company’s stock worth $1,435,000 after buying an additional 316 shares during the period. Finally, Blue Trust Inc. boosted its stake in Marriott Vacations Worldwide by 55.2% during the first quarter. Blue Trust Inc. now owns 956 shares of the company’s stock worth $62,000 after buying an additional 340 shares during the period. 89.52% of the stock is owned by institutional investors.

Marriott Vacations Worldwide Company Profile

Marriott Vacations Worldwide Corporation (NYSE:VAC) is a vacation ownership and leisure travel company headquartered in Orlando, Florida. The company develops, markets, sells, and manages vacation ownership interests, commonly known as timeshare products, that provide customers with access to resort accommodations and related travel experiences.

Its portfolio includes Marriott Vacation Club, Sheraton Vacation Club, Westin Vacation Club, Grand Residences by Marriott, and Hyatt Vacation Club brands.