Public Employees Retirement System of Ohio Boosts Stock Holdings in Marriott Vacations Worldwide Corporation $VAC

Public Employees Retirement System of Ohio lifted its position in Marriott Vacations Worldwide Corporation (NYSE:VAC) by 51.2% in the 1st quarter, HoldingsChannel.com reports. The firm owned 65,679 shares of the company’s stock after acquiring an additional 22,236 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Marriott Vacations Worldwide were worth $4,277,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the company. Capital World Investors purchased a new position in Marriott Vacations Worldwide in the third quarter valued at $226,000. 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 worth $195,730,000 after acquiring an additional 234,105 shares in the last quarter. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Marriott Vacations Worldwide during the 4th quarter valued at about $12,633,000. AQR Capital Management LLC grew its position in shares of Marriott Vacations Worldwide by 157.8% during the 4th quarter. AQR Capital Management LLC now owns 351,552 shares of the company’s stock valued at $20,281,000 after acquiring an additional 215,202 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in shares of Marriott Vacations Worldwide by 41.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 399,668 shares of the company’s stock valued at $23,057,000 after purchasing an additional 117,030 shares in the last quarter. 89.52% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

VAC has been the subject of a number of analyst reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Marriott Vacations Worldwide in a report on Friday, June 12th. The Goldman Sachs Group raised Marriott Vacations Worldwide from a “sell” rating to a “buy” rating and set a $100.00 price objective on the stock in a report on Monday, June 1st. Barclays upped their target price on Marriott Vacations Worldwide from $80.00 to $94.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Wells Fargo & Company increased their target price on Marriott Vacations Worldwide from $66.00 to $68.00 and gave the company an “underweight” rating in a research report on Tuesday, July 14th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Marriott Vacations Worldwide from $92.00 to $119.00 and gave the company a “buy” rating in a research note on Tuesday, June 30th. Seven investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, Marriott Vacations Worldwide has an average rating of “Hold” and a consensus target price of $86.70.

Marriott Vacations Worldwide Stock Performance

Shares of NYSE:VAC opened at $102.91 on Thursday. 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 Corporation has a 1 year low of $44.58 and a 1 year high of $105.97. The firm has a market capitalization of $3.53 billion, a PE ratio of -10.20, a P/E/G ratio of 2.32 and a beta of 1.22. The business’s 50 day moving average price is $94.03 and its 200-day moving average price is $75.49.

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 the consensus estimate of $1.67 by ($0.43). The firm 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 firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior 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, equities research analysts expect that Marriott Vacations Worldwide Corporation will post 7.32 earnings per share for the current fiscal year.

Marriott Vacations Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 27th were paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Wednesday, May 27th. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is currently -31.71%.

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.