Eagle Global Advisors LLC Lowers Holdings in Marriott International, Inc. $MAR

Eagle Global Advisors LLC lowered its holdings in Marriott International, Inc. (NASDAQ:MAR) by 44.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,100 shares of the company’s stock after selling 2,500 shares during the quarter. Eagle Global Advisors LLC’s holdings in Marriott International were worth $807,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of MAR. Octavia Wealth Advisors LLC raised its holdings in Marriott International by 8.0% in the 3rd quarter. Octavia Wealth Advisors LLC now owns 1,131 shares of the company’s stock valued at $294,000 after buying an additional 84 shares during the period. Lazari Capital Management Inc. raised its stake in shares of Marriott International by 1.6% in the 3rd quarter. Lazari Capital Management Inc. now owns 2,356 shares of the company’s stock valued at $614,000 after acquiring an additional 37 shares during the period. Global Wealth Management Investment Advisory Inc. lifted its holdings in shares of Marriott International by 49.9% in the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 11,465 shares of the company’s stock worth $2,986,000 after acquiring an additional 3,815 shares during the last quarter. Family Capital Management Inc. boosted its position in shares of Marriott International by 11.9% during the 3rd quarter. Family Capital Management Inc. now owns 1,451 shares of the company’s stock worth $378,000 after purchasing an additional 154 shares during the period. Finally, Concurrent Investment Advisors LLC raised its position in Marriott International by 2.6% in the third quarter. Concurrent Investment Advisors LLC now owns 8,289 shares of the company’s stock valued at $2,159,000 after purchasing an additional 210 shares during the period. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Marriott International

In other Marriott International news, EVP Peggy Roe sold 2,000 shares of the firm’s 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 in the company, valued at $5,102,167.92. This trade represents a 10.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Rena Hozore Reiss sold 5,483 shares of the company’s stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $287.11, for a total value of $1,574,224.13. Following the transaction, the executive vice president directly owned 39,360 shares of the company’s stock, valued at approximately $11,300,649.60. This represents a 12.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 88,289 shares of company stock valued at $25,669,425 over the last ninety days. Company insiders own 10.68% of the company’s stock.

Marriott International Stock Performance

Shares of Marriott International stock opened at $325.79 on Friday. The business has a 50-day simple moving average of $304.25 and a 200-day simple moving average of $280.76. Marriott International, Inc. has a one year low of $205.40 and a one year high of $331.09. The company has a market cap of $87.43 billion, a PE ratio of 34.40, a P/E/G ratio of 2.49 and a beta of 1.16.

Marriott International (NASDAQ:MAR) last issued 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 during 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. On average, sell-side analysts predict that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Thursday, November 20th were paid a dividend of $0.67 per share. The ex-dividend date was Thursday, November 20th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.8%. Marriott International’s payout ratio is presently 28.30%.

Analyst Ratings Changes

Several research firms have recently commented on MAR. Robert W. Baird lowered their price target on Marriott International from $287.00 to $285.00 and set a “neutral” rating for the company in a research report on Tuesday, October 21st. Truist Financial lifted their target price on Marriott International from $278.00 to $283.00 and gave the company a “hold” rating in a research report on Thursday, December 4th. Morgan Stanley reduced their price target on shares of Marriott International from $302.00 to $296.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 22nd. Barclays lifted their price objective on shares of Marriott International from $274.00 to $276.00 and gave the company an “equal weight” rating in a report on Wednesday, December 17th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Marriott International in a report on Wednesday, October 8th. Three research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, Marriott International has an average rating of “Moderate Buy” and an average price target of $307.75.

About Marriott International

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.