McAdam LLC Increases Stake in Marriott International, Inc. $MAR

McAdam LLC increased its position in Marriott International, Inc. (NASDAQ:MAR) by 16.1% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 1,675 shares of the company’s stock after acquiring an additional 232 shares during the quarter. McAdam LLC’s holdings in Marriott International were worth $399,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Bernard Wealth Management Corp. bought a new position in Marriott International in the 4th quarter worth about $25,000. Morse Asset Management Inc bought a new position in Marriott International in the 1st quarter worth about $30,000. Heck Capital Advisors LLC bought a new position in Marriott International in the 4th quarter worth about $38,000. Sound Income Strategies LLC boosted its stake in Marriott International by 46.7% in the 1st quarter. Sound Income Strategies LLC now owns 157 shares of the company’s stock worth $37,000 after purchasing an additional 50 shares during the period. Finally, Minot DeBlois Advisors LLC bought a new position in Marriott International in the 4th quarter worth about $52,000. Institutional investors own 70.70% of the company’s stock.

Marriott International Trading Down 0.6%

Shares of NASDAQ MAR opened at $262.42 on Thursday. The stock has a market cap of $71.24 billion, a price-to-earnings ratio of 29.59, a P/E/G ratio of 2.60 and a beta of 1.38. Marriott International, Inc. has a 1-year low of $205.40 and a 1-year high of $307.52. The stock’s 50-day moving average is $269.49 and its 200 day moving average is $257.94.

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

Marriott International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Thursday, August 21st will be issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Thursday, August 21st. Marriott International’s dividend payout ratio (DPR) is currently 30.21%.

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

Analyst Ratings Changes

Several research analysts have commented on MAR shares. Dbs Bank upgraded Marriott International from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 14th. UBS Group dropped their price target on Marriott International from $302.00 to $299.00 and set a “neutral” rating for the company in a research report on Wednesday, May 21st. Truist Financial lifted 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 lifted their price target on Marriott International from $285.00 to $287.00 and gave the company a “neutral” rating in a research report on Wednesday, August 20th. Finally, BMO Capital Markets dropped their price target on Marriott International from $285.00 to $280.00 and set a “market perform” rating for the company in a research report on Wednesday, August 6th. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat, Marriott International currently has a consensus rating of “Moderate Buy” and a consensus target price of $281.26.

Insider Buying and Selling at Marriott International

In related news, insider Rajeev Menon sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $268.28, for a total transaction of $670,700.00. Following the transaction, the insider directly owned 5,706 shares of the company’s stock, valued at approximately $1,530,805.68. This trade represents a 30.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 10.68% of the company’s stock.

About Marriott International

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.