Marriott International, Inc. $MAR Holdings Decreased by Advisors Asset Management Inc.

Advisors Asset Management Inc. cut its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 16.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,848 shares of the company’s stock after selling 2,391 shares during the quarter. Advisors Asset Management Inc.’s holdings in Marriott International were worth $3,237,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Marriott International by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 20,543,195 shares of the company’s stock valued at $5,612,606,000 after buying an additional 306,717 shares during the period. Wellington Management Group LLP lifted its holdings in 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 boosted its stake in Marriott International by 2.0% in 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 during the period. Invesco Ltd. raised its position in shares of Marriott International by 18.9% during 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 period. Finally, Alliancebernstein L.P. lifted its holdings in shares of Marriott International by 194.7% in the 1st quarter. Alliancebernstein L.P. now owns 1,709,665 shares of the company’s stock worth $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.

Marriott International Stock Performance

Shares of NASDAQ MAR opened at $305.05 on Friday. Marriott International, Inc. has a 1 year low of $205.40 and a 1 year high of $307.52. The firm has a market cap of $81.86 billion, a P/E ratio of 32.21, a PEG ratio of 2.94 and a beta of 1.36. The stock has a fifty day moving average price of $274.66 and a two-hundred day moving average price of $270.05.

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

Marriott International Announces Dividend

The firm also recently announced 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. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Thursday, November 20th. Marriott International’s payout ratio is presently 28.30%.

Marriott International declared that its Board of Directors has authorized a share buyback program on Thursday, August 7th that authorizes the company to repurchase 25,000,000 outstanding shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company’s management believes its stock is undervalued.

Analyst Ratings Changes

A number of research analysts recently commented on the company. BMO Capital Markets upped their price objective 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. Robert W. Baird lowered their price target on shares of Marriott International from $287.00 to $285.00 and set a “neutral” rating for the company in a research report on Tuesday, October 21st. Barclays lifted their price objective on shares of Marriott International from $262.00 to $274.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 5th. Wells Fargo & Company started coverage on shares of Marriott International in a research report on Tuesday, November 18th. They issued an “overweight” rating and a $329.00 target price for the company. Finally, Truist Financial lifted their price target on Marriott International from $273.00 to $278.00 and gave the company a “hold” rating in a report on Wednesday, September 3rd. Three analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $289.87.

Insider Buying and Selling at Marriott International

In other news, EVP Benjamin T. Breland sold 1,650 shares of the firm’s stock in a transaction on Friday, November 7th. The stock was sold at an average price of $286.10, for a total transaction of $472,065.00. Following the completion of the sale, the executive vice president directly owned 18,225 shares of the company’s stock, valued at $5,214,172.50. This trade represents a 8.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Felitia Lee sold 873 shares of Marriott International stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $301.58, for a total value of $263,279.34. Following the completion of the transaction, the chief accounting officer owned 6,510 shares in the company, valued at $1,963,285.80. The trade was a 11.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 86,672 shares of company stock valued at $25,174,655. Corporate insiders own 10.68% of the company’s stock.

Marriott International 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.