80,000 Shares in Marriott International, Inc. $MAR Bought by Headwater Capital Co Ltd

Headwater Capital Co Ltd purchased a new position in shares of Marriott International, Inc. (NASDAQ:MAR) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 80,000 shares of the company’s stock, valued at approximately $21,857,000. Marriott International comprises about 7.6% of Headwater Capital Co Ltd’s investment portfolio, making the stock its 5th largest position.

Several other large investors also recently bought and sold shares of MAR. Pallas Capital Advisors LLC lifted its position in shares of Marriott International by 0.4% in the second quarter. Pallas Capital Advisors LLC now owns 8,649 shares of the company’s stock valued at $2,363,000 after acquiring an additional 37 shares in the last quarter. CreativeOne Wealth LLC boosted its position in Marriott International by 2.1% during the first quarter. CreativeOne Wealth LLC now owns 1,831 shares of the company’s stock worth $436,000 after acquiring an additional 38 shares during the last quarter. Motley Fool Asset Management LLC boosted its holdings in shares of Marriott International by 0.3% during the 1st quarter. Motley Fool Asset Management LLC now owns 12,824 shares of the company’s stock worth $3,055,000 after purchasing an additional 39 shares during the last quarter. Valmark Advisers Inc. lifted its position in Marriott International by 1.6% during the second quarter. Valmark Advisers Inc. now owns 2,462 shares of the company’s stock worth $673,000 after buying an additional 39 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Marriott International by 1.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,387 shares of the company’s stock worth $569,000 after acquiring an additional 40 shares during the period. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Morgan Stanley dropped their price objective on shares of Marriott International from $302.00 to $296.00 and set an “overweight” rating for the company in a report on Wednesday, October 22nd. Weiss Ratings reissued a “buy (b-)” rating on shares of Marriott International in a research note on Wednesday, October 8th. Truist Financial lifted their price target on shares of Marriott International from $273.00 to $278.00 and gave the company a “hold” rating in a research report on Wednesday, September 3rd. Robert W. Baird reduced their target price on Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 21st. Finally, Wells Fargo & Company assumed coverage on Marriott International in a report on Tuesday. They set an “overweight” rating and a $329.00 price target for the company. Three investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $289.87.

Insiders Place Their Bets

In other news, EVP Rena Hozore Reiss sold 5,483 shares of the business’s stock in a transaction dated 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 completion of the transaction, the executive vice president directly owned 39,360 shares of the company’s stock, valued at approximately $11,300,649.60. The trade was a 12.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Benjamin T. Breland sold 1,650 shares of the firm’s 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 completion of the sale, the executive vice president directly owned 18,225 shares in the company, valued at approximately $5,214,172.50. This trade represents a 8.30% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 85,799 shares of company stock valued at $24,911,376. Corporate insiders own 10.68% of the company’s stock.

Marriott International Trading Up 0.5%

MAR opened at $284.20 on Thursday. The stock’s 50-day moving average price is $270.04 and its 200 day moving average price is $268.10. Marriott International, Inc. has a 12-month low of $205.40 and a 12-month high of $307.52. The firm has a market cap of $76.27 billion, a price-to-earnings ratio of 30.01, a PEG ratio of 2.74 and a beta of 1.36.

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 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. FY 2025 guidance at 9.980-10.060 EPS. On average, research analysts forecast that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Thursday, November 20th will be given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Thursday, November 20th. Marriott International’s dividend payout ratio (DPR) is currently 28.30%.

Marriott International announced that its Board of Directors has authorized a share buyback plan on Thursday, August 7th that permits the company to repurchase 25,000,000 outstanding shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its shares are undervalued.

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.