Invesco Ltd. Boosts Stock Position in Marriott International, Inc. $MAR

Invesco Ltd. increased its position in Marriott International, Inc. (NASDAQ:MAR) by 5.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,330,656 shares of the company’s stock after buying an additional 206,820 shares during the quarter. Invesco Ltd. owned 1.60% of Marriott International worth $1,183,178,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of MAR. Norges Bank purchased a new stake in Marriott International during the 2nd quarter valued at $638,968,000. Alliancebernstein L.P. raised its stake in shares of Marriott International by 194.7% during the first 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 last quarter. Kingstone Capital Partners Texas LLC bought a new stake in shares of Marriott International in the second quarter worth about $266,084,000. Wellington Management Group LLP increased its holdings in 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. Finally, Boston Partners bought a new position in Marriott International during the 2nd quarter valued at approximately $196,579,000. 70.70% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. BMO Capital Markets boosted their target price on 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 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. Truist Financial raised their target price on shares of Marriott International from $273.00 to $278.00 and gave the stock a “hold” rating in a research report on Wednesday, September 3rd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Marriott International in a research report on Wednesday, October 8th. Finally, Barclays raised their price objective on shares of Marriott International from $262.00 to $274.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 5th. Three research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $289.87.

Insider Activity at Marriott International

In related news, EVP Benjamin T. Breland sold 1,650 shares of the stock in a transaction on Friday, November 7th. The stock was sold at an average price of $286.10, for a total transaction of $472,065.00. Following the sale, the executive vice president directly owned 18,225 shares of the company’s stock, valued at $5,214,172.50. This trade represents a 8.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, 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 value 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. This trade represents a 12.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 86,672 shares of company stock valued at $25,174,655 over the last ninety days. Corporate insiders own 10.68% of the company’s stock.

Marriott International Stock Up 0.4%

MAR stock opened at $304.65 on Wednesday. The business has a 50 day moving average of $276.30 and a 200 day moving average of $270.45. Marriott International, Inc. has a twelve month low of $205.40 and a twelve month high of $307.52. The firm has a market cap of $81.75 billion, a PE ratio of 32.17, a price-to-earnings-growth ratio of 2.93 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 for the quarter, beating the consensus estimate of $2.38 by $0.09. The firm had revenue of $1.73 billion during the quarter, compared to the consensus estimate 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 and its FY 2025 guidance at 9.980-10.060 EPS. On average, research analysts expect that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

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

Marriott International declared that its board has authorized a stock repurchase plan on Thursday, August 7th that authorizes the company to buyback 25,000,000 shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company’s leadership believes its shares are undervalued.

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.