Marriott International, Inc. $MAR Shares Sold by Spire Wealth Management

Spire Wealth Management trimmed its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 13.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 39,393 shares of the company’s stock after selling 5,869 shares during the period. Spire Wealth Management’s holdings in Marriott International were worth $10,762,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of MAR. Morse Asset Management Inc acquired a new position in shares of Marriott International during the first quarter valued at $30,000. AlphaQuest LLC increased its holdings in shares of Marriott International by 2,750.0% during the second 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. Quaker Wealth Management LLC boosted its stake in Marriott International by 203.4% during the second quarter. Quaker Wealth Management LLC now owns 150 shares of the company’s stock valued at $41,000 after buying an additional 295 shares in the last quarter. Banque Transatlantique SA bought a new position in Marriott International during the first quarter valued at about $52,000. Finally, McClarren Financial Advisors Inc. bought a new position in Marriott International during the first quarter valued at about $57,000. 70.70% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Barclays decreased their target price on Marriott International from $276.00 to $262.00 and set an “equal weight” rating for the company in a research note on Friday, October 3rd. Truist Financial raised their target price on Marriott International from $273.00 to $278.00 and gave the company a “hold” rating in a research note on Wednesday, September 3rd. BMO Capital Markets decreased their target price on Marriott International from $285.00 to $280.00 and set a “market perform” rating for the company in a research note on Wednesday, August 6th. Morgan Stanley decreased their target price on Marriott International from $302.00 to $296.00 and set an “overweight” rating for the company in a research note on Wednesday, October 22nd. Finally, Robert W. Baird decreased their target price on Marriott International from $287.00 to $285.00 and set a “neutral” rating for the company in a research note on Tuesday, October 21st. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $283.17.

Marriott International Stock Down 0.9%

NASDAQ:MAR opened at $263.12 on Thursday. Marriott International, Inc. has a 1-year low of $205.40 and a 1-year high of $307.52. The firm has a market capitalization of $71.43 billion, a price-to-earnings ratio of 29.66, a price-to-earnings-growth ratio of 2.74 and a beta of 1.35. The stock has a fifty day simple moving average of $265.92 and a 200 day simple moving average of $262.80.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Tuesday, August 5th. The company reported $2.65 earnings per share for the quarter, meeting analysts’ consensus estimates of $2.65. Marriott International had a negative return on equity of 93.44% and a net margin of 9.60%.The business had revenue of $6.74 billion during the quarter, compared to analyst estimates of $6.66 billion. During the same quarter last year, the company posted $2.50 EPS. Marriott International’s revenue for the quarter was up 4.7% on a year-over-year basis. Marriott International has set its FY 2025 guidance at 9.850-10.080 EPS. Q3 2025 guidance at 2.310-2.390 EPS. Equities analysts predict that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, August 21st were paid a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, August 21st. Marriott International’s dividend payout ratio is currently 30.21%.

Marriott International announced that its Board of Directors has initiated a stock repurchase program on Thursday, August 7th that allows the company to repurchase 25,000,000 shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication 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.