First Western Trust Bank Trims Stake in Marriott International, Inc. $MAR

First Western Trust Bank cut its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 4.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,174 shares of the company’s stock after selling 723 shares during the period. First Western Trust Bank’s holdings in Marriott International were worth $4,146,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Alliancebernstein L.P. grew its stake in shares of Marriott International by 194.7% during the 1st quarter. Alliancebernstein L.P. now owns 1,709,665 shares of the company’s stock valued at $407,242,000 after acquiring an additional 1,129,555 shares during the period. Kingstone Capital Partners Texas LLC bought a new position in shares of Marriott International in the second quarter worth approximately $266,084,000. Wellington Management Group LLP raised its position in shares of Marriott International by 16.4% during the 1st quarter. Wellington Management Group LLP now owns 5,427,410 shares of the company’s stock valued at $1,292,809,000 after purchasing an additional 766,309 shares during the period. Boston Partners purchased a new stake in Marriott International in the 2nd quarter worth $196,579,000. Finally, Nuveen LLC bought a new stake in Marriott International during the first quarter valued at about $166,059,000. Institutional investors own 70.70% of the company’s stock.

Marriott International Trading Down 0.1%

MAR opened at $291.67 on Thursday. The stock has a 50-day moving average of $268.14 and a 200 day moving average of $266.60. 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 $78.27 billion, a P/E ratio of 30.80, a P/E/G ratio of 2.82 and a beta of 1.36.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.38 by $0.09. The business had revenue of $1.73 billion during the quarter, compared to analyst estimates of $6.46 billion. Marriott International had a negative return on equity of 89.29% and a net margin of 10.07%. 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 fiscal year.

Marriott International Announces Dividend

The firm also recently disclosed 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 is 28.30%.

Marriott International declared that its board has approved a stock repurchase program on Thursday, August 7th that permits the company to buyback 25,000,000 outstanding shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on MAR shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of Marriott International in a research report on Wednesday, October 8th. Robert W. Baird reduced their price objective on shares of Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 21st. Morgan Stanley dropped their target price on shares of Marriott International from $302.00 to $296.00 and set an “overweight” rating for the company in a research report on Wednesday, October 22nd. Barclays lifted their price target on shares of Marriott International from $262.00 to $274.00 and gave the company an “equal weight” rating in a report on Wednesday, November 5th. Finally, Truist Financial increased their price objective 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. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $286.40.

Insider Buying and Selling at Marriott International

In other news, insider William P. Brown sold 6,666 shares of the business’s stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $280.04, for a total transaction of $1,866,746.64. Following the completion of the sale, the insider directly owned 11,000 shares of the company’s stock, valued at approximately $3,080,440. The trade was a 37.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Benjamin T. Breland sold 1,650 shares of the firm’s stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $286.10, for a total transaction of $472,065.00. Following the completion of the transaction, the executive vice president directly owned 18,225 shares in the company, valued at $5,214,172.50. This represents a 8.30% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 85,799 shares of company stock valued at $24,911,376. 10.68% of the stock is owned by company insiders.

Marriott International Company 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.