SG Americas Securities LLC Trims Position in Marriott International, Inc. $MAR

SG Americas Securities LLC cut its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 39.4% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 3,480 shares of the company’s stock after selling 2,262 shares during the period. SG Americas Securities LLC’s holdings in Marriott International were worth $951,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Alliancebernstein L.P. increased its holdings in Marriott International by 194.7% during the 1st quarter. Alliancebernstein L.P. now owns 1,709,665 shares of the company’s stock worth $407,242,000 after acquiring an additional 1,129,555 shares during the period. Kingstone Capital Partners Texas LLC bought a new position in shares of Marriott International in the second quarter worth $266,084,000. Wellington Management Group LLP raised its position in shares of Marriott International by 16.4% in the first quarter. Wellington Management Group LLP now owns 5,427,410 shares of the company’s stock worth $1,292,809,000 after buying an additional 766,309 shares in the last quarter. Boston Partners purchased a new position in Marriott International during the second quarter worth about $196,579,000. Finally, Nuveen LLC bought a new position in Marriott International in the 1st quarter worth about $166,059,000. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Marriott International Stock Performance

Shares of Marriott International stock opened at $295.84 on Friday. Marriott International, Inc. has a 52-week low of $205.40 and a 52-week high of $307.52. The company has a fifty day moving average of $270.91 and a 200-day moving average of $268.66. The stock has a market capitalization of $79.39 billion, a price-to-earnings ratio of 31.24, a price-to-earnings-growth ratio of 2.86 and a beta of 1.36.

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

Marriott International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Thursday, November 20th will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 0.9%. The ex-dividend date is Thursday, November 20th. Marriott International’s dividend payout ratio (DPR) is presently 28.30%.

Marriott International announced that its board has authorized a share buyback program on Thursday, August 7th that permits the company to buyback 25,000,000 shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its stock is undervalued.

Analyst Upgrades and Downgrades

MAR has been the subject of a number of research analyst reports. 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. Wells Fargo & Company assumed coverage on shares of Marriott International in a research report on Tuesday, November 18th. They set an “overweight” rating and a $329.00 target price for the company. BMO Capital Markets increased their price target on shares of Marriott International from $280.00 to $285.00 and gave the stock a “market perform” rating in a report on Wednesday, November 5th. Barclays lifted their price objective on shares of Marriott International from $262.00 to $274.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 5th. Finally, Robert W. Baird lowered their price target on Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 21st. 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 MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $289.87.

Insider Transactions at Marriott International

In related news, insider William P. Brown sold 6,666 shares of the company’s stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $280.04, for a total transaction of $1,866,746.64. Following the completion of the sale, the insider directly owned 11,000 shares in the company, valued at $3,080,440. This represents a 37.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Peggy Roe sold 2,000 shares of the firm’s stock in a transaction on Monday, November 10th. The stock was sold at an average price of $292.12, for a total transaction of $584,240.00. Following the completion of the sale, the executive vice president directly owned 17,466 shares in the company, valued at approximately $5,102,167.92. This trade represents a 10.27% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 85,799 shares of company stock valued at $24,911,376. Insiders own 10.68% of the company’s stock.

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.