Empowered Funds LLC Reduces Holdings in Marriott Vacations Worldwide Corporation $VAC

Empowered Funds LLC trimmed its stake in shares of Marriott Vacations Worldwide Corporation (NYSE:VAC) by 3.4% during the 1st quarter, Holdings Channel.com reports. The fund owned 132,616 shares of the company’s stock after selling 4,608 shares during the quarter. Empowered Funds LLC’s holdings in Marriott Vacations Worldwide were worth $8,636,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Advisory Services Network LLC bought a new stake in Marriott Vacations Worldwide in the third quarter valued at approximately $27,000. IFP Advisors Inc grew its holdings in shares of Marriott Vacations Worldwide by 1,828.0% in the third quarter. IFP Advisors Inc now owns 482 shares of the company’s stock worth $32,000 after purchasing an additional 457 shares during the last quarter. International Assets Investment Management LLC raised its holdings in Marriott Vacations Worldwide by 877.2% during the 1st quarter. International Assets Investment Management LLC now owns 557 shares of the company’s stock valued at $38,000 after buying an additional 500 shares during the last quarter. Leonteq Securities AG bought a new stake in Marriott Vacations Worldwide during the 4th quarter valued at $35,000. Finally, Kestra Advisory Services LLC purchased a new stake in Marriott Vacations Worldwide during the 4th quarter valued at $37,000. 89.52% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. The Goldman Sachs Group reissued a “buy” rating and issued a $132.00 price target on shares of Marriott Vacations Worldwide 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 report on Monday, August 10th. Wall Street Zen raised Marriott Vacations Worldwide from a “hold” rating to a “buy” rating in a research note on Saturday. Barclays boosted their price target on Marriott Vacations Worldwide from $94.00 to $140.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $134.00 price target on shares of Marriott Vacations Worldwide in a research report on Wednesday. One 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 stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $99.30.

Marriott Vacations Worldwide Stock Down 0.5%

Shares of NYSE VAC opened at $120.65 on Friday. The company has a current ratio of 3.56, a quick ratio of 2.99 and a debt-to-equity ratio of 2.65. Marriott Vacations Worldwide Corporation has a 12 month low of $44.58 and a 12 month high of $131.34. The firm has a market capitalization of $4.15 billion, a PE ratio of -12.39, a price-to-earnings-growth ratio of 2.26 and a beta of 1.23. The firm has a fifty day simple moving average of $100.62 and a two-hundred day simple moving average of $79.58.

Marriott Vacations Worldwide (NYSE:VAC) last announced its earnings results 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. Marriott Vacations Worldwide had a negative net margin of 6.47% and a positive return on equity of 12.27%. The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same quarter in the previous year, the firm posted $1.96 EPS. The company’s revenue for the quarter was up 5.9% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. Equities analysts expect that Marriott Vacations Worldwide Corporation will post 8.88 earnings per share for the current year.

Marriott Vacations Worldwide 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.