Ninety One UK Ltd Buys Shares of 2,134 Marriott International, Inc. $MAR

Ninety One UK Ltd bought a new position in Marriott International, Inc. (NASDAQ:MAR) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,134 shares of the company’s stock, valued at approximately $583,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC lifted its stake in Marriott International by 2.5% in the fourth quarter. Brighton Jones LLC now owns 8,887 shares of the company’s stock valued at $2,479,000 after buying an additional 218 shares during the last quarter. NBC Securities Inc. lifted its position in Marriott International by 53,700.0% in the 1st quarter. NBC Securities Inc. now owns 1,614 shares of the company’s stock valued at $384,000 after purchasing an additional 1,611 shares during the last quarter. Merit Financial Group LLC boosted its stake in Marriott International by 33.1% during the 1st quarter. Merit Financial Group LLC now owns 5,587 shares of the company’s stock valued at $1,331,000 after purchasing an additional 1,390 shares during the period. Capital Asset Advisory Services LLC acquired a new stake in shares of Marriott International in the first quarter valued at approximately $395,000. Finally, Unigestion Holding SA bought a new stake in shares of Marriott International during the first quarter valued at approximately $1,527,000. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Marriott International Trading Up 0.5%

MAR stock opened at $261.66 on Thursday. Marriott International, Inc. has a one year low of $205.40 and a one year high of $307.52. The firm has a 50-day moving average of $265.67 and a two-hundred day moving average of $257.92. The firm has a market capitalization of $71.03 billion, a PE ratio of 29.50, a P/E/G ratio of 2.57 and a beta of 1.35.

Marriott International (NASDAQ:MAR) last released its earnings results on Tuesday, August 5th. The company reported $2.65 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $2.65. The company had revenue of $6.74 billion during the quarter, compared to analyst estimates of $6.66 billion. Marriott International had a negative return on equity of 93.44% and a net margin of 9.60%.The company’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $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. On average, equities research analysts anticipate that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International declared that its board has authorized a stock buyback plan on Thursday, August 7th that authorizes the company to buyback 25,000,000 outstanding shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board of directors believes its shares are undervalued.

Marriott International Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts have issued reports on MAR shares. Truist Financial boosted their price target on Marriott International from $273.00 to $278.00 and gave the stock a “hold” rating in a research report on Wednesday, September 3rd. Robert W. Baird upped their price objective on shares of Marriott International from $285.00 to $287.00 and gave the stock a “neutral” rating in a report on Wednesday, August 20th. JPMorgan Chase & Co. started coverage on shares of Marriott International in a research note on Monday, June 23rd. They set a “neutral” rating and a $284.00 target price on the stock. Finally, BMO Capital Markets decreased their price objective 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. Two 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 stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $281.26.

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.