B. Riley Wealth Advisors Inc. Buys New Shares in Marriott International, Inc. $MAR

B. Riley Wealth Advisors Inc. purchased a new position in shares of Marriott International, Inc. (NASDAQ:MAR) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 3,507 shares of the company’s stock, valued at approximately $958,000.

A number of other institutional investors also recently modified their holdings of MAR. AlphaQuest LLC increased its position in shares of Marriott International by 2,750.0% during the second quarter. AlphaQuest LLC now owns 114 shares of the company’s stock valued at $31,000 after acquiring an additional 110 shares during the last quarter. Addison Advisors LLC purchased a new stake in shares of Marriott International during the 2nd quarter valued at $34,000. Darwin Wealth Management LLC bought a new stake in shares of Marriott International during the 2nd quarter worth $37,000. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of Marriott International in the 2nd quarter worth about $38,000. Finally, Westside Investment Management Inc. grew its position in Marriott International by 198.0% during the second quarter. Westside Investment Management Inc. now owns 149 shares of the company’s stock valued at $41,000 after buying an additional 99 shares during the period. 70.70% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Marriott International

In other news, EVP Benjamin T. Breland sold 1,650 shares of Marriott International stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $286.10, for a total transaction of $472,065.00. Following the sale, the executive vice president owned 18,225 shares in the company, valued at $5,214,172.50. This trade represents a 8.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Peggy Roe sold 2,000 shares of the stock in a transaction that occurred 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 transaction, 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 ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 86,672 shares of company stock valued at $25,174,655. Corporate insiders own 10.68% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on MAR. BMO Capital Markets boosted their price objective on Marriott International from $280.00 to $285.00 and gave the company a “market perform” rating in a research note on Wednesday, November 5th. Morgan Stanley decreased their price target on Marriott International from $302.00 to $296.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 22nd. Truist Financial raised their price objective on shares of Marriott International from $278.00 to $283.00 and gave the company a “hold” rating in a research report on Thursday, December 4th. The Goldman Sachs Group raised shares of Marriott International from a “neutral” rating to a “buy” rating and upped their target price for the stock from $288.00 to $345.00 in a report on Monday. Finally, Barclays increased their target price on shares of Marriott International from $262.00 to $274.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 5th. Three research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $296.87.

Marriott International Stock Performance

Shares of Marriott International stock opened at $308.49 on Tuesday. Marriott International, Inc. has a one year low of $205.40 and a one year high of $310.23. The business has a 50-day simple moving average of $281.81 and a 200-day simple moving average of $272.46. The company has a market cap of $82.78 billion, a PE ratio of 32.58, a P/E/G ratio of 2.89 and a beta of 1.15.

Marriott International (NASDAQ:MAR) last announced its earnings results on Tuesday, November 4th. The company reported $2.47 EPS for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations 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. On average, sell-side analysts predict that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Thursday, November 20th will be given 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 dividend yield of 0.9%. Marriott International’s payout ratio is currently 28.30%.

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.