Commonwealth of Pennsylvania Public School Empls Retrmt SYS Acquires 3,425 Shares of Marriott International, Inc. $MAR

Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 6.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,754 shares of the company’s stock after acquiring an additional 3,425 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Marriott International were worth $15,233,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. grew its stake in shares of Marriott International by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 20,236,478 shares of the company’s stock worth $4,820,329,000 after buying an additional 184,387 shares during the last quarter. Wellington Management Group LLP grew its stake in shares of Marriott International by 16.4% in the first quarter. Wellington Management Group LLP now owns 5,427,410 shares of the company’s stock worth $1,292,809,000 after acquiring an additional 766,309 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Marriott International by 2.0% during the second quarter. Geode Capital Management LLC now owns 5,223,539 shares of the company’s stock valued at $1,420,308,000 after acquiring an additional 102,798 shares in the last quarter. Invesco Ltd. raised its position in shares of Marriott International by 18.9% in the 1st quarter. Invesco Ltd. now owns 4,123,836 shares of the company’s stock worth $982,298,000 after purchasing an additional 654,766 shares during the last quarter. Finally, Alliancebernstein L.P. grew its position in Marriott International by 194.7% during the 1st quarter. Alliancebernstein L.P. now owns 1,709,665 shares of the company’s stock valued at $407,242,000 after purchasing an additional 1,129,555 shares during the last quarter. Institutional investors own 70.70% of the company’s stock.

Analyst Upgrades and Downgrades

MAR has been the topic of several analyst reports. Morgan Stanley dropped their target price on shares of Marriott International from $302.00 to $296.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 22nd. BMO Capital Markets boosted their price target on Marriott International from $280.00 to $285.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 5th. Truist Financial lifted their price objective on Marriott International from $273.00 to $278.00 and gave the stock a “hold” rating in a report on Wednesday, September 3rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Marriott International in a report on Wednesday, October 8th. Finally, Robert W. Baird lowered their price objective on shares of Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 21st. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $286.40.

Insiders Place Their Bets

In other Marriott International news, insider Deborah Marriott Harrison sold 70,000 shares of Marriott International stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $291.63, for a total value of $20,414,100.00. Following the sale, the insider directly owned 175,210 shares in the company, valued at approximately $51,096,492.30. The trade was a 28.55% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Benjamin T. Breland sold 1,650 shares of the business’s stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $286.10, for a total value of $472,065.00. Following the completion of the sale, the executive vice president owned 18,225 shares in the company, valued at $5,214,172.50. This represents a 8.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 85,799 shares of company stock worth $24,911,376 over the last ninety days. 10.68% of the stock is owned by company insiders.

Marriott International Stock Performance

NASDAQ:MAR opened at $285.72 on Monday. The stock has a 50-day simple moving average of $268.93 and a two-hundred day simple moving average of $267.48. Marriott International, Inc. has a 52-week low of $205.40 and a 52-week high of $307.52. The firm has a market capitalization of $76.67 billion, a PE ratio of 30.17, a P/E/G ratio of 2.76 and a beta of 1.36.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.38 by $0.09. Marriott International had a net margin of 10.07% and a negative return on equity of 89.29%. The firm had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $6.46 billion. Marriott International has set its Q4 2025 guidance at 2.540-2.620 EPS. FY 2025 guidance at 9.980-10.060 EPS. Equities analysts forecast that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Thursday, November 20th will be issued a $0.67 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $2.68 dividend on an annualized basis and a yield of 0.9%. Marriott International’s payout ratio is currently 28.30%.

Marriott International announced that its Board of Directors has initiated a share repurchase plan on Thursday, August 7th that authorizes the company to buyback 25,000,000 outstanding shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board of directors believes its stock is undervalued.

Marriott International Company Profile

Marriott International, Inc engages in operating, franchising, and licensing hotel, residential, timeshare, and other lodging properties worldwide. It operates its properties under the JW Marriott, The Ritz-Carlton, The Luxury Collection, W Hotels, St. Regis, EDITION, Bvlgari, Marriott Hotels, Sheraton, Westin, Autograph Collection, Renaissance Hotels, Le Méridien, Delta Hotels by Marriott, Tribute Portfolio, Gaylord Hotels, Design Hotels, Marriott Executive Apartments, Apartments by Marriott Bonvoy, Courtyard by Marriott, Fairfield by Marriott, Residence Inn by Marriott, SpringHill Suites by Marriott, Four Points by Sheraton, TownePlace Suites by Marriott, Aloft Hotels, AC Hotels by Marriott, Moxy Hotels, Element Hotels, Protea Hotels by Marriott, City Express by Marriott, and St.