Marietta Wealth Management LLC Has $5.23 Million Stake in Marriott International, Inc. $MAR

Marietta Wealth Management LLC boosted its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 1.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,130 shares of the company’s stock after buying an additional 365 shares during the period. Marietta Wealth Management LLC’s holdings in Marriott International were worth $5,227,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. Morse Asset Management Inc acquired a new stake in shares of Marriott International in the 1st quarter valued at approximately $30,000. Sound Income Strategies LLC boosted its stake in shares of Marriott International by 46.7% in the 1st quarter. Sound Income Strategies LLC now owns 157 shares of the company’s stock valued at $37,000 after purchasing an additional 50 shares in the last quarter. Center for Financial Planning Inc. boosted its stake in shares of Marriott International by 468.6% in the 1st 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 in the last quarter. Banque Transatlantique SA acquired a new stake in shares of Marriott International in the 1st quarter valued at approximately $52,000. Finally, McClarren Financial Advisors Inc. acquired a new stake in shares of Marriott International in the 1st quarter valued at approximately $57,000. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a research note on Saturday, September 27th. Barclays dropped their price objective on shares of Marriott International from $276.00 to $262.00 and set an “equal weight” rating for the company in a report on Friday. Truist Financial raised their price objective on shares of Marriott International from $273.00 to $278.00 and gave the company a “hold” rating in a report on Wednesday, September 3rd. BMO Capital Markets dropped 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. Finally, Robert W. Baird raised their price objective on shares of Marriott International from $285.00 to $287.00 and gave the company a “neutral” rating in a report on Wednesday, August 20th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat.com, Marriott International has an average rating of “Moderate Buy” and a consensus price target of $282.63.

Marriott International Stock Performance

Marriott International stock opened at $267.57 on Friday. Marriott International, Inc. has a 52-week low of $205.40 and a 52-week high of $307.52. The firm has a 50 day moving average price of $265.31 and a two-hundred day moving average price of $258.31. The firm has a market cap of $72.63 billion, a price-to-earnings ratio of 30.17, a PEG ratio of 2.64 and a beta of 1.35.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Tuesday, August 5th. The company reported $2.65 earnings per share (EPS) for the quarter, hitting the consensus estimate 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 analyst estimates of $6.66 billion. During the same quarter last year, the business earned $2.50 EPS. The company’s 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, equities research analysts predict that Marriott International, Inc. will post 10.1 EPS 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 given 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 dividend payout ratio (DPR) is 30.21%.

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

Marriott International Company 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.