State of Alaska Department of Revenue Buys 11,069 Shares of Marriott Vacations Worldwide Corporation $VAC

State of Alaska Department of Revenue lifted its stake in Marriott Vacations Worldwide Corporation (NYSE:VAC) by 224.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,011 shares of the company’s stock after buying an additional 11,069 shares during the quarter. State of Alaska Department of Revenue’s holdings in Marriott Vacations Worldwide were worth $923,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in VAC. Goldman Sachs Group Inc. boosted its position in shares of Marriott Vacations Worldwide by 18.2% in the first quarter. Goldman Sachs Group Inc. now owns 140,662 shares of the company’s stock worth $9,036,000 after purchasing an additional 21,623 shares during the period. Empowered Funds LLC boosted its position in shares of Marriott Vacations Worldwide by 147.9% in the first quarter. Empowered Funds LLC now owns 8,487 shares of the company’s stock worth $545,000 after purchasing an additional 5,064 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Marriott Vacations Worldwide by 4.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 100,636 shares of the company’s stock worth $6,465,000 after purchasing an additional 4,497 shares during the period. Invesco Ltd. boosted its position in shares of Marriott Vacations Worldwide by 102.9% in the second quarter. Invesco Ltd. now owns 212,199 shares of the company’s stock worth $15,344,000 after purchasing an additional 107,598 shares during the period. Finally, First Trust Advisors LP boosted its position in shares of Marriott Vacations Worldwide by 22.7% in the second quarter. First Trust Advisors LP now owns 121,820 shares of the company’s stock worth $8,809,000 after purchasing an additional 22,506 shares during the period. Institutional investors own 89.52% of the company’s stock.

Insider Buying and Selling

In other news, insider Michael Flaskey purchased 14,862 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was bought at an average cost of $67.26 per share, with a total value of $999,618.12. Following the completion of the purchase, the insider owned 14,862 shares in the company, valued at approximately $999,618.12. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 13.30% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Wells Fargo & Company upped their price target on shares of Marriott Vacations Worldwide from $46.00 to $58.00 and gave the stock an “underweight” rating in a research report on Friday, February 27th. Stifel Nicolaus raised their price target on Marriott Vacations Worldwide from $77.00 to $85.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Wall Street Zen raised Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. Jefferies Financial Group raised Marriott Vacations Worldwide from a “hold” rating to a “buy” rating and raised their price target for the company from $52.00 to $105.00 in a report on Monday, March 2nd. Finally, Citizens Jmp cut Marriott Vacations Worldwide from an “outperform” rating to a “market perform” rating in a report on Monday, March 9th. Five equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, Marriott Vacations Worldwide presently has a consensus rating of “Hold” and an average target price of $73.44.

Marriott Vacations Worldwide Trading Down 8.1%

VAC stock opened at $71.51 on Thursday. The company has a debt-to-equity ratio of 2.85, a current ratio of 3.48 and a quick ratio of 2.94. The company has a market capitalization of $2.45 billion, a price-to-earnings ratio of -7.71, a PEG ratio of 2.02 and a beta of 1.19. The business has a 50 day simple moving average of $66.35 and a two-hundred day simple moving average of $61.27. Marriott Vacations Worldwide Corporation has a 1-year low of $44.58 and a 1-year high of $86.33.

Marriott Vacations Worldwide (NYSE:VAC) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.72 by $0.14. The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.30 billion. Marriott Vacations Worldwide had a negative net margin of 6.12% and a positive return on equity of 11.77%. Marriott Vacations Worldwide’s revenue for the quarter was down .3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.86 EPS. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. Research analysts anticipate that Marriott Vacations Worldwide Corporation will post 7.3 EPS for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th were paid a dividend of $0.80 per share. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $3.20 dividend on an annualized basis and a yield of 4.5%. Marriott Vacations Worldwide’s dividend payout ratio is presently -34.52%.

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.