Marriott International, Inc. $MAR Stock Holdings Lessened by Mediolanum International Funds Ltd

Mediolanum International Funds Ltd lessened its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 67.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,013 shares of the company’s stock after selling 8,400 shares during the period. Mediolanum International Funds Ltd’s holdings in Marriott International were worth $1,097,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of MAR. AlphaQuest LLC raised its position in shares of Marriott International by 2,750.0% during the 2nd quarter. AlphaQuest LLC now owns 114 shares of the company’s stock worth $31,000 after purchasing an additional 110 shares during the period. Addison Advisors LLC bought a new position in Marriott International during the 2nd quarter worth $34,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in Marriott International in the second quarter worth $38,000. Quaker Wealth Management LLC lifted its stake in Marriott International by 203.4% in 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 during the last quarter. Finally, Westside Investment Management Inc. boosted its holdings in shares of Marriott International by 198.0% during the second 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 period. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Wells Fargo & Company started coverage on shares of Marriott International in a research report on Tuesday, November 18th. They issued an “overweight” rating and a $329.00 price objective on the stock. Morgan Stanley cut their price target on Marriott International from $302.00 to $296.00 and set an “overweight” rating on the stock in a report on Wednesday, October 22nd. Weiss Ratings reissued a “buy (b-)” rating on shares of Marriott International in a report on Wednesday, October 8th. BMO Capital Markets lifted 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. Finally, Truist Financial increased their price target on Marriott International from $273.00 to $278.00 and gave the stock a “hold” rating in a research note on Wednesday, September 3rd. Three investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $289.87.

Marriott International Price Performance

Shares of NASDAQ:MAR opened at $295.84 on Monday. The stock has a market cap of $79.39 billion, a price-to-earnings ratio of 31.24, a PEG ratio of 2.86 and a beta of 1.36. Marriott International, Inc. has a 12 month low of $205.40 and a 12 month high of $307.52. The stock’s 50 day moving average price is $270.91 and its 200 day moving average price is $268.75.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings results 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 company had revenue of $1.73 billion for the quarter, compared to analysts’ expectations 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, sell-side analysts expect that Marriott International, Inc. will post 10.1 EPS for the current year.

Marriott International Dividend Announcement

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

Marriott International announced that its Board of Directors has initiated a share repurchase program on Thursday, August 7th that authorizes the company to buyback 25,000,000 outstanding shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

Insider Activity at Marriott International

In other news, EVP Peggy Roe sold 2,000 shares of Marriott International stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $292.12, for a total value of $584,240.00. Following the transaction, the executive vice president owned 17,466 shares of the company’s stock, valued at $5,102,167.92. The trade was a 10.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Deborah Marriott Harrison sold 70,000 shares of the stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $291.63, for a total transaction of $20,414,100.00. Following the sale, the insider directly owned 175,210 shares of the company’s stock, valued at approximately $51,096,492.30. This represents a 28.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 85,799 shares of company stock worth $24,911,376. Company insiders own 10.68% of the company’s stock.

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.