Prime Capital Investment Advisors LLC Grows Stock Holdings in Marriott International, Inc. $MAR

Prime Capital Investment Advisors LLC increased its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 10.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 31,588 shares of the company’s stock after acquiring an additional 2,886 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Marriott International were worth $8,630,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Pallas Capital Advisors LLC increased its stake in Marriott International by 0.4% in the 2nd quarter. Pallas Capital Advisors LLC now owns 8,649 shares of the company’s stock valued at $2,363,000 after buying an additional 37 shares during the period. CreativeOne Wealth LLC boosted its position in shares of Marriott International by 2.1% during the 1st quarter. CreativeOne Wealth LLC now owns 1,831 shares of the company’s stock worth $436,000 after purchasing an additional 38 shares in the last quarter. Motley Fool Asset Management LLC grew its stake in shares of Marriott International by 0.3% during the 1st quarter. Motley Fool Asset Management LLC now owns 12,824 shares of the company’s stock worth $3,055,000 after purchasing an additional 39 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of Marriott International by 1.7% in the first quarter. Geneos Wealth Management Inc. now owns 2,387 shares of the company’s stock valued at $569,000 after purchasing an additional 40 shares during the period. Finally, 4J Wealth Management LLC boosted its holdings in Marriott International by 3.6% during the first quarter. 4J Wealth Management LLC now owns 1,224 shares of the company’s stock worth $292,000 after buying an additional 43 shares in the last quarter. 70.70% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on MAR. Robert W. Baird boosted their price target on Marriott International from $285.00 to $287.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 20th. Truist Financial lifted 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. BMO Capital Markets dropped their target price on shares of Marriott International from $285.00 to $280.00 and set a “market perform” rating for the company in a report on Wednesday, August 6th. JPMorgan Chase & Co. initiated coverage on shares of Marriott International in a research report on Monday, June 23rd. They issued a “neutral” rating and a $284.00 price target on the stock. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Marriott International in a report on Saturday, September 27th. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $282.63.

Marriott International Stock Up 1.6%

MAR stock opened at $271.94 on Tuesday. The stock has a market capitalization of $73.82 billion, a price-to-earnings ratio of 30.66, a price-to-earnings-growth ratio of 2.64 and a beta of 1.35. The stock’s fifty day simple moving average is $265.23 and its 200-day simple moving average is $258.64. Marriott International, Inc. has a 52-week low of $205.40 and a 52-week high of $307.52.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $2.65 earnings per share (EPS) for the quarter, hitting 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 firm had revenue of $6.74 billion for the quarter, compared to analyst estimates of $6.66 billion. During the same period last year, the company earned $2.50 EPS. The firm’s quarterly revenue 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. As a group, analysts anticipate that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

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

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

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.