Blair William & Co. IL Purchases 1,711 Shares of Marriott International, Inc. $MAR

Blair William & Co. IL increased its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 5.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,442 shares of the company’s stock after purchasing an additional 1,711 shares during the quarter. Blair William & Co. IL’s holdings in Marriott International were worth $9,410,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. US Bancorp DE lifted its holdings in Marriott International by 2.9% in the second quarter. US Bancorp DE now owns 93,766 shares of the company’s stock valued at $25,618,000 after buying an additional 2,655 shares during the period. Armstrong Fleming & Moore Inc acquired a new stake in Marriott International in the second quarter worth $3,546,000. Trifecta Capital Advisors LLC raised its holdings in Marriott International by 22,466.7% in the second quarter. Trifecta Capital Advisors LLC now owns 2,031 shares of the company’s stock worth $555,000 after purchasing an additional 2,022 shares during the period. Vontobel Holding Ltd. raised its holdings in Marriott International by 3.9% in the second quarter. Vontobel Holding Ltd. now owns 24,650 shares of the company’s stock worth $6,735,000 after purchasing an additional 915 shares during the period. Finally, Maryland State Retirement & Pension System raised its holdings in Marriott International by 3.2% in the second quarter. Maryland State Retirement & Pension System now owns 11,064 shares of the company’s stock worth $3,023,000 after purchasing an additional 339 shares during the period. 70.70% of the stock is owned by institutional investors.

Marriott International Stock Performance

Shares of Marriott International stock opened at $260.20 on Friday. The stock has a market capitalization of $70.63 billion, a price-to-earnings ratio of 29.33, a P/E/G ratio of 2.57 and a beta of 1.35. The company’s 50 day moving average price is $265.21 and its 200-day moving average price is $259.11. Marriott International, Inc. has a 52-week low of $205.40 and a 52-week high of $307.52.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $2.65 EPS for the quarter, meeting the consensus estimate of $2.65. The business 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 last 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, equities research analysts forecast that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International declared that its board has approved a share buyback program on Thursday, August 7th that allows the company to repurchase 25,000,000 outstanding shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its shares are undervalued.

Marriott International Announces Dividend

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

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Robert W. Baird increased their price objective on shares of Marriott International from $285.00 to $287.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 20th. JPMorgan Chase & Co. began coverage on shares of Marriott International in a research report on Monday, June 23rd. They issued a “neutral” rating and a $284.00 price objective for the company. Weiss Ratings reissued a “buy (b-)” rating on shares of Marriott International in a research report on Wednesday. Barclays cut their target price on shares of Marriott International from $276.00 to $262.00 and set an “equal weight” rating for the company in a research note on Friday, October 3rd. Finally, BMO Capital Markets cut their target price on shares of Marriott International from $285.00 to $280.00 and set a “market perform” rating for the company in a research note on Wednesday, August 6th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Marriott International has a consensus rating of “Moderate Buy” and a consensus price target of $282.63.

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.