Amundi Sells 63,892 Shares of Marriott International, Inc. $MAR

Amundi trimmed its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 11.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 487,712 shares of the company’s stock after selling 63,892 shares during the quarter. Amundi’s holdings in Marriott International were worth $135,350,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. AlphaQuest LLC boosted its position in Marriott International by 2,750.0% during the 2nd quarter. AlphaQuest LLC now owns 114 shares of the company’s stock worth $31,000 after buying an additional 110 shares during the period. Addison Advisors LLC bought a new position in shares of Marriott International during the second quarter valued at $34,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of Marriott International during the second quarter worth $38,000. Westside Investment Management Inc. grew its stake in shares of Marriott International by 198.0% in the second quarter. Westside Investment Management Inc. now owns 149 shares of the company’s stock worth $41,000 after purchasing an additional 99 shares during the last quarter. Finally, Quaker Wealth Management LLC increased its holdings in Marriott International by 203.4% in the second quarter. Quaker Wealth Management LLC now owns 150 shares of the company’s stock valued at $41,000 after purchasing an additional 295 shares during the period. Institutional investors own 70.70% of the company’s stock.

Marriott International Stock Down 1.2%

Shares of MAR stock opened at $292.59 on Monday. Marriott International, Inc. has a 52 week low of $205.40 and a 52 week high of $309.42. The firm has a 50 day moving average of $278.46 and a 200-day moving average of $271.11. The company has a market cap of $78.52 billion, a price-to-earnings ratio of 30.90, a price-to-earnings-growth ratio of 2.83 and a beta of 1.15.

Marriott International (NASDAQ:MAR) last issued its earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share (EPS) for the quarter, topping 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 business had revenue of $1.73 billion for the quarter, compared to analyst estimates of $6.46 billion. Marriott International has set its Q4 2025 guidance at 2.540-2.620 EPS and its FY 2025 guidance at 9.980-10.060 EPS. Analysts anticipate that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Barclays upped their price target on 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 initiated coverage on Marriott International in a report on Tuesday, November 18th. They issued an “overweight” rating and a $329.00 target price on the stock. Truist Financial raised their price target on shares of Marriott International from $278.00 to $283.00 and gave the stock a “hold” rating in a report on Thursday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Marriott International in a research note on Wednesday, October 8th. Finally, Robert W. Baird lowered their target price on shares of Marriott International from $287.00 to $285.00 and set a “neutral” rating for the company in a research note on Tuesday, October 21st. Three research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $290.20.

Insiders Place Their Bets

In related news, EVP Peggy Roe sold 2,000 shares of Marriott International stock in a transaction on Monday, November 10th. The shares were sold at an average price of $292.12, for a total value of $584,240.00. Following the completion of the sale, the executive vice president owned 17,466 shares of the company’s stock, valued at approximately $5,102,167.92. This trade represents a 10.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Rena Hozore Reiss sold 5,483 shares of the company’s stock in a transaction on Friday, November 7th. The stock was sold at an average price of $287.11, for a total transaction of $1,574,224.13. Following the transaction, the executive vice president owned 39,360 shares in the company, valued at approximately $11,300,649.60. The trade was a 12.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 86,672 shares of company stock valued at $25,174,655. 10.68% of the stock is currently owned by corporate insiders.

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.