Empower Advisory Group LLC Buys 926 Shares of Marriott International, Inc. $MAR

Empower Advisory Group LLC increased its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 1.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 59,632 shares of the company’s stock after purchasing an additional 926 shares during the quarter. Empower Advisory Group LLC’s holdings in Marriott International were worth $16,292,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in MAR. Morse Asset Management Inc bought a new stake in shares of Marriott International during the 1st quarter worth approximately $30,000. AlphaQuest LLC lifted its stake in Marriott International by 2,750.0% during the second quarter. AlphaQuest LLC now owns 114 shares of the company’s stock worth $31,000 after purchasing an additional 110 shares during the last quarter. Addison Advisors LLC acquired a new stake in shares of Marriott International in the 2nd quarter valued at $34,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of Marriott International during the 2nd quarter worth $38,000. Finally, Quaker Wealth Management LLC lifted its position in shares of Marriott International by 203.4% during the 2nd quarter. Quaker Wealth Management LLC now owns 150 shares of the company’s stock worth $41,000 after buying an additional 295 shares during the last quarter. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. 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 report on Wednesday, September 3rd. BMO Capital Markets increased their price objective on shares of Marriott International from $280.00 to $285.00 and gave the company a “market perform” rating in a research note on Wednesday, November 5th. Robert W. Baird lowered their price target on shares of Marriott International from $287.00 to $285.00 and set a “neutral” rating for the company in a report on Tuesday, October 21st. Finally, Morgan Stanley cut their price objective on Marriott International from $302.00 to $296.00 and set an “overweight” rating on the stock in a report on Wednesday, October 22nd. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $286.40.

Insiders Place Their Bets

In related news, insider William P. Brown sold 6,666 shares of the company’s stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $280.04, for a total transaction of $1,866,746.64. Following the sale, the insider owned 11,000 shares in the company, valued at $3,080,440. This represents a 37.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Benjamin T. Breland sold 1,650 shares of Marriott International stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $286.10, for a total value of $472,065.00. Following the completion of the sale, the executive vice president owned 18,225 shares of the company’s stock, valued at approximately $5,214,172.50. The trade was a 8.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 85,799 shares of company stock valued at $24,911,376 over the last quarter. Company insiders own 10.68% of the company’s stock.

Marriott International Trading Down 0.6%

Shares of MAR opened at $285.72 on Friday. The stock’s 50-day moving average price is $268.93 and its two-hundred day moving average price is $267.28. Marriott International, Inc. has a 12 month low of $205.40 and a 12 month high of $307.52. The company has a market capitalization of $76.67 billion, a PE ratio of 30.17, a PEG ratio of 2.76 and a beta of 1.36.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data 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 negative return on equity of 89.29% and a net margin of 10.07%.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. FY 2025 guidance at 9.980-10.060 EPS. Equities research analysts predict that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International Announces Dividend

The company 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 dividend of $0.67 per share. The ex-dividend date is Thursday, November 20th. This represents a $2.68 annualized dividend and a dividend yield of 0.9%. Marriott International’s dividend payout ratio is 28.30%.

Marriott International announced that its Board of Directors has approved a stock repurchase program on Thursday, August 7th that authorizes the company to buyback 25,000,000 shares. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its stock is 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.