Vontobel Holding Ltd. Has $6.74 Million Position in Marriott International, Inc. $MAR

Vontobel Holding Ltd. lifted its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 3.9% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,650 shares of the company’s stock after acquiring an additional 915 shares during the quarter. Vontobel Holding Ltd.’s holdings in Marriott International were worth $6,735,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Morse Asset Management Inc bought a new stake in shares of Marriott International during the first quarter worth $30,000. Sound Income Strategies LLC raised its position in shares of Marriott International by 46.7% during the first quarter. Sound Income Strategies LLC now owns 157 shares of the company’s stock worth $37,000 after acquiring an additional 50 shares during the last quarter. Center for Financial Planning Inc. increased its holdings in Marriott International by 468.6% in the first quarter. Center for Financial Planning Inc. now owns 199 shares of the company’s stock valued at $47,000 after purchasing an additional 164 shares during the last quarter. Banque Transatlantique SA bought a new stake in Marriott International in the first quarter valued at about $52,000. Finally, McClarren Financial Advisors Inc. bought a new stake in Marriott International in the first quarter valued at about $57,000. Institutional investors own 70.70% of the company’s stock.

Marriott International Stock Performance

Shares of NASDAQ MAR opened at $260.20 on Friday. The stock has a 50 day moving average price of $265.21 and a 200 day moving average price of $259.02. Marriott International, Inc. has a 52 week low of $205.40 and a 52 week high of $307.52. The stock has a market capitalization of $70.63 billion, a PE ratio of 29.33, a price-to-earnings-growth ratio of 2.62 and a beta of 1.35.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $2.65 EPS for the quarter, meeting the consensus estimate of $2.65. The firm had revenue of $6.74 billion during 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%.The business’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.50 earnings per share. 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, research analysts forecast that Marriott International, Inc. will post 10.1 EPS for the current year.

Marriott International declared that its board has approved a share buyback program on Thursday, August 7th that authorizes the company to buyback 25,000,000 outstanding shares. This buyback authorization authorizes the company to reacquire 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.

Marriott International Announces Dividend

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

Analyst Upgrades and Downgrades

MAR has been the subject of a number of recent analyst reports. BMO Capital Markets dropped their price objective on Marriott International from $285.00 to $280.00 and set a “market perform” rating for the company in a report on Wednesday, August 6th. Truist Financial upped their price objective on Marriott International from $273.00 to $278.00 and gave the company a “hold” rating in a report on Wednesday, September 3rd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Marriott International in a report on Wednesday. Robert W. Baird upped their price objective on Marriott International from $285.00 to $287.00 and gave the company a “neutral” rating in a report on Wednesday, August 20th. Finally, Barclays lowered their price target on Marriott International from $276.00 to $262.00 and set an “equal weight” rating for the company in a report on Friday, October 3rd. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average 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.