Marriott International, Inc. $MAR Holdings Lowered by Handelsbanken Fonder AB

Handelsbanken Fonder AB lowered its stake in Marriott International, Inc. (NASDAQ:MAR) by 9.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,375 shares of the company’s stock after selling 6,562 shares during the quarter. Handelsbanken Fonder AB’s holdings in Marriott International were worth $17,861,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. AlphaQuest LLC raised its stake in Marriott International by 2,750.0% during the 2nd quarter. AlphaQuest LLC now owns 114 shares of the company’s stock valued at $31,000 after purchasing an additional 110 shares during the period. Addison Advisors LLC acquired a new position in Marriott International in the second quarter worth approximately $34,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of Marriott International in the 2nd quarter valued at $38,000. Westside Investment Management Inc. increased its holdings in shares of Marriott International by 198.0% during the 2nd quarter. Westside Investment Management Inc. now owns 149 shares of the company’s stock valued at $41,000 after acquiring an additional 99 shares during the last quarter. Finally, Quaker Wealth Management LLC lifted its stake in shares of Marriott International by 203.4% in the second 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.

Insiders Place Their Bets

In other news, insider William P. Brown sold 6,666 shares of the company’s stock in a transaction dated Thursday, November 6th. The shares were sold at an average price of $280.04, for a total value of $1,866,746.64. Following the sale, the insider owned 11,000 shares of the company’s stock, valued at approximately $3,080,440. This represents a 37.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Rena Hozore Reiss sold 5,483 shares of Marriott International stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $287.11, for a total transaction of $1,574,224.13. Following the transaction, the executive vice president directly owned 39,360 shares of the company’s stock, valued at $11,300,649.60. This represents a 12.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 85,799 shares of company stock worth $24,911,376 over the last quarter. Corporate insiders own 10.68% of the company’s stock.

Marriott International Price Performance

MAR opened at $295.84 on Friday. The company has a market capitalization of $79.39 billion, a P/E ratio of 31.24, a P/E/G ratio of 2.86 and a beta of 1.36. The firm’s fifty day moving average price is $270.91 and its two-hundred day moving average price is $268.66. Marriott International, Inc. has a fifty-two week low of $205.40 and a fifty-two week high of $307.52.

Marriott International (NASDAQ:MAR) last released its quarterly earnings data on Tuesday, November 4th. The company reported $2.47 EPS for the quarter, topping analysts’ consensus estimates of $2.38 by $0.09. The company had revenue of $1.73 billion during the quarter, compared to the consensus estimate of $6.46 billion. Marriott International had a net margin of 10.07% and a negative return on equity of 89.29%. 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, equities research analysts expect that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International declared that its board has initiated a share repurchase plan on Thursday, August 7th that permits the company to repurchase 25,000,000 shares. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

Marriott International Dividend Announcement

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

Analysts Set New Price Targets

MAR has been the topic of several research analyst reports. Truist Financial raised their price target on 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 lowered their target price on Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a report on Tuesday, October 21st. BMO Capital Markets upped their price target on Marriott International from $280.00 to $285.00 and gave the stock a “market perform” rating in a report on Wednesday, November 5th. Morgan Stanley lowered their price objective on shares of Marriott International from $302.00 to $296.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 22nd. Finally, Wells Fargo & Company assumed coverage on shares of Marriott International in a research note on Tuesday, November 18th. They set an “overweight” rating and a $329.00 target price 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 company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $289.87.

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.