Dimensional Fund Advisors LP Purchases 54,285 Shares of Marriott Vacations Worldwide Corporation $VAC

Dimensional Fund Advisors LP lifted its position in shares of Marriott Vacations Worldwide Corporation (NYSE:VAC) by 2.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,950,309 shares of the company’s stock after purchasing an additional 54,285 shares during the quarter. Dimensional Fund Advisors LP owned 5.64% of Marriott Vacations Worldwide worth $129,820,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of Marriott Vacations Worldwide in the 2nd quarter valued at $27,971,000. Senvest Management LLC grew its stake in Marriott Vacations Worldwide by 19.4% in the second quarter. Senvest Management LLC now owns 1,816,012 shares of the company’s stock valued at $131,316,000 after acquiring an additional 294,937 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in shares of Marriott Vacations Worldwide by 71.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 635,977 shares of the company’s stock worth $45,987,000 after acquiring an additional 265,278 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Marriott Vacations Worldwide by 37.4% in the second quarter. Geode Capital Management LLC now owns 788,879 shares of the company’s stock worth $57,051,000 after acquiring an additional 214,629 shares in the last quarter. Finally, Bridgeway Capital Management LLC acquired a new stake in shares of Marriott Vacations Worldwide during the second quarter worth about $12,119,000. Institutional investors and hedge funds own 89.52% of the company’s stock.

Insider Buying and Selling

In related news, insider Michael Flaskey purchased 14,862 shares of the firm’s stock in a transaction on Tuesday, March 10th. The stock was purchased at an average cost of $67.26 per share, for a total transaction of $999,618.12. Following the completion of the purchase, the insider directly owned 14,862 shares in the company, valued at $999,618.12. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders purchased 14,971 shares of company stock worth $1,006,280 over the last ninety days. Corporate insiders own 1.60% of the company’s stock.

Marriott Vacations Worldwide Stock Performance

Shares of VAC stock opened at $68.93 on Thursday. Marriott Vacations Worldwide Corporation has a 12 month low of $44.58 and a 12 month high of $86.33. The company’s fifty day simple moving average is $59.98 and its 200-day simple moving average is $62.55. The firm has a market cap of $2.36 billion, a PE ratio of -7.44, a P/E/G ratio of 1.74 and a beta of 1.24. The company has a quick ratio of 2.94, a current ratio of 3.48 and a debt-to-equity ratio of 2.85.

Marriott Vacations Worldwide (NYSE:VAC) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.72 by $0.14. Marriott Vacations Worldwide had a negative net margin of 6.12% and a positive return on equity of 11.77%. The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same period in the previous year, the business earned $1.86 EPS. The company’s revenue was down .3% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. Equities research analysts expect that Marriott Vacations Worldwide Corporation will post 6.23 EPS for the current fiscal year.

Marriott Vacations Worldwide Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th will be issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 4.6%. The ex-dividend date is Wednesday, March 4th. Marriott Vacations Worldwide’s dividend payout ratio is presently -34.52%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on VAC shares. Mizuho upgraded Marriott Vacations Worldwide from a “neutral” rating to an “outperform” rating and boosted their price objective for the company from $58.00 to $104.00 in a research report on Thursday, March 5th. Weiss Ratings raised shares of Marriott Vacations Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, March 3rd. Jefferies Financial Group upgraded shares of Marriott Vacations Worldwide from a “hold” rating to a “buy” rating and upped their price target for the company from $52.00 to $105.00 in a report on Monday, March 2nd. Morgan Stanley restated an “underweight” rating and set a $52.00 price objective (down from $70.00) on shares of Marriott Vacations Worldwide in a report on Friday, January 16th. Finally, Wells Fargo & Company increased their target price on Marriott Vacations Worldwide from $46.00 to $58.00 and gave the stock an “underweight” rating in a report on Friday, February 27th. Five analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $73.67.

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.