Apollon Wealth Management LLC Increases Stock Position in Marriott International, Inc. $MAR

Apollon Wealth Management LLC increased its position in Marriott International, Inc. (NASDAQ:MARFree Report) by 23.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,852 shares of the company’s stock after buying an additional 1,688 shares during the quarter. Apollon Wealth Management LLC’s holdings in Marriott International were worth $2,306,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. acquired a new stake in shares of Marriott International in the second quarter worth $613,000. Nissay Asset Management Corp Japan ADV boosted its position in Marriott International by 9.5% during the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 62,995 shares of the company’s stock worth $15,005,000 after purchasing an additional 5,482 shares during the period. Permanens Capital L.P. increased its holdings in Marriott International by 15.6% in the 1st quarter. Permanens Capital L.P. now owns 15,396 shares of the company’s stock valued at $3,667,000 after purchasing an additional 2,076 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Marriott International by 3.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 219,939 shares of the company’s stock worth $52,389,000 after purchasing an additional 8,149 shares in the last quarter. Finally, Swedbank AB boosted its position in shares of Marriott International by 1.3% in the first quarter. Swedbank AB now owns 68,429 shares of the company’s stock worth $16,300,000 after buying an additional 881 shares during the period. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Marriott International

In other Marriott International news, EVP Peggy Roe sold 2,000 shares of the stock in a transaction on Monday, November 10th. The stock was sold at an average price of $292.12, for a total value of $584,240.00. Following the sale, the executive vice president directly owned 17,466 shares of the company’s stock, valued at $5,102,167.92. This trade represents a 10.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Deborah Marriott Harrison sold 70,000 shares of the business’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $291.63, for a total transaction of $20,414,100.00. Following the transaction, the insider directly owned 175,210 shares of the company’s stock, valued at approximately $51,096,492.30. This trade represents a 28.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 88,289 shares of company stock worth $25,669,425. Corporate insiders own 10.68% of the company’s stock.

Marriott International Price Performance

Marriott International stock opened at $313.89 on Wednesday. Marriott International, Inc. has a 12 month low of $205.40 and a 12 month high of $316.69. The company has a fifty day moving average price of $292.35 and a two-hundred day moving average price of $276.27. The company has a market cap of $84.23 billion, a PE ratio of 33.15, a P/E/G ratio of 3.04 and a beta of 1.16.

Marriott International (NASDAQ:MARGet Free Report) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share (EPS) for the quarter, topping 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 company 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 and its FY 2025 guidance at 9.980-10.060 EPS. Equities research analysts anticipate that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Dividend Announcement

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

Analyst Ratings Changes

MAR has been the topic of several recent research reports. The Goldman Sachs Group raised Marriott International from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $288.00 to $345.00 in a research report on Monday, December 15th. BMO Capital Markets boosted their target price on shares of Marriott International from $280.00 to $285.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 5th. Wells Fargo & Company assumed coverage on shares of Marriott International in a report on Tuesday, November 18th. They set an “overweight” rating and a $329.00 price target for the company. Barclays boosted their price objective on shares of Marriott International from $274.00 to $276.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 17th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Marriott International in a research report on Wednesday, October 8th. Three analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $297.00.

Check Out Our Latest Stock Analysis on Marriott International

Marriott International Profile

(Free Report)

Marriott International is a global lodging company that develops, manages and franchises a broad portfolio of hotels and related lodging facilities. Its core activities include hotel and resort management, franchise operations, property development and the provision of centralized services such as reservations, marketing and loyalty program management. The company’s brand architecture spans market segments from luxury and premium to select-service and extended-stay, enabling it to serve a wide range of business and leisure travelers as well as corporate and group customers.

The company traces its roots to the hospitality business founded by J.

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Institutional Ownership by Quarter for Marriott International (NASDAQ:MAR)

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