Silvia Mccoll Wealth Management LLC Reduces Position in Marriott International, Inc. $MAR

Silvia Mccoll Wealth Management LLC decreased its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 8.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 883 shares of the company’s stock after selling 77 shares during the quarter. Silvia Mccoll Wealth Management LLC’s holdings in Marriott International were worth $241,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Morse Asset Management Inc purchased a new stake in shares of Marriott International during the first quarter worth $30,000. Sound Income Strategies LLC boosted its position in shares of Marriott International by 46.7% during the 1st quarter. Sound Income Strategies LLC now owns 157 shares of the company’s stock valued at $37,000 after acquiring an additional 50 shares during the last quarter. Center for Financial Planning Inc. boosted its position in shares of Marriott International by 468.6% during the 1st quarter. Center for Financial Planning Inc. now owns 199 shares of the company’s stock valued at $47,000 after acquiring an additional 164 shares during the last quarter. Banque Transatlantique SA acquired a new position in shares of Marriott International during the 1st quarter valued at about $52,000. Finally, McClarren Financial Advisors Inc. acquired a new position in shares of Marriott International during the 1st quarter valued at about $57,000. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Marriott International Price Performance

NASDAQ MAR opened at $267.57 on Friday. The stock has a market capitalization of $72.63 billion, a P/E ratio of 30.17, a PEG ratio of 2.64 and a beta of 1.35. Marriott International, Inc. has a 12 month low of $205.40 and a 12 month high of $307.52. The firm’s 50-day moving average is $265.31 and its two-hundred day moving average is $258.31.

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. Marriott International had a net margin of 9.60% and a negative return on equity of 93.44%. The firm had revenue of $6.74 billion during the quarter, compared to analysts’ expectations of $6.66 billion. During the same quarter in the previous year, the business posted $2.50 earnings per share. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. 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 EPS for the current 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 $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Thursday, August 21st. Marriott International’s dividend payout ratio (DPR) is presently 30.21%.

Marriott International announced that its Board of Directors has authorized a stock buyback program on Thursday, August 7th that authorizes the company to buyback 25,000,000 outstanding shares. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. JPMorgan Chase & Co. assumed coverage on shares of Marriott International in a research report on Monday, June 23rd. They set a “neutral” rating and a $284.00 price target on the stock. Truist Financial boosted their price target on shares of 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 boosted their price target on shares of Marriott International from $285.00 to $287.00 and gave the company a “neutral” rating in a research report on Wednesday, August 20th. BMO Capital Markets decreased their target price on shares of Marriott International from $285.00 to $280.00 and set a “market perform” rating on the stock in a research report on Wednesday, August 6th. Finally, Barclays decreased their target price on shares of Marriott International from $276.00 to $262.00 and set an “equal weight” rating on the stock in a research report on Friday. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $282.63.

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.