Marriott International, Inc. $MAR Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC cut its holdings in shares of Marriott International, Inc. (NASDAQ:MARFree Report) by 2.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,456 shares of the company’s stock after selling 606 shares during the quarter. Yousif Capital Management LLC’s holdings in Marriott International were worth $8,048,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MAR. Pegasus Asset Management Inc. boosted its holdings in Marriott International by 4.7% in the 2nd quarter. Pegasus Asset Management Inc. now owns 9,213 shares of the company’s stock valued at $2,517,000 after purchasing an additional 410 shares during the last quarter. Index Fund Advisors Inc. acquired a new position in Marriott International in the 2nd quarter valued at about $666,000. M3 Advisory Group LLC acquired a new position in Marriott International in the 2nd quarter valued at about $221,000. Commonwealth Financial Services LLC acquired a new position in Marriott International in the 2nd quarter valued at about $468,000. Finally, Vanguard Personalized Indexing Management LLC boosted its holdings in Marriott International by 38.5% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 31,767 shares of the company’s stock valued at $8,684,000 after purchasing an additional 8,831 shares during the last quarter. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have weighed in on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Marriott International in a report on Wednesday, October 8th. 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 report on Wednesday, August 6th. Truist Financial upped their price objective on shares of Marriott International from $273.00 to $278.00 and gave the stock a “hold” rating in a report on Wednesday, September 3rd. Barclays decreased their price objective on shares of Marriott International from $276.00 to $262.00 and set an “equal weight” rating on the stock in a report on Friday, October 3rd. Finally, JPMorgan Chase & Co. initiated coverage on shares of Marriott International in a report on Monday, June 23rd. They issued a “neutral” rating and a $284.00 price objective on the stock. Two investment 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 stock. According to data from MarketBeat, Marriott International currently has a consensus rating of “Moderate Buy” and an average target price of $282.63.

View Our Latest Stock Analysis on Marriott International

Marriott International Stock Up 1.2%

Marriott International stock opened at $263.26 on Tuesday. The firm has a market cap of $71.46 billion, a PE ratio of 29.68, a price-to-earnings-growth ratio of 2.57 and a beta of 1.35. Marriott International, Inc. has a 52-week low of $205.40 and a 52-week high of $307.52. The company’s 50 day moving average is $265.30 and its two-hundred day moving average is $259.40.

Marriott International (NASDAQ:MARGet Free Report) last released its earnings results on Tuesday, August 5th. The company reported $2.65 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $2.65. The company had revenue of $6.74 billion for the quarter, compared to analyst estimates of $6.66 billion. Marriott International had a net margin of 9.60% and a negative return on equity of 93.44%. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the prior year, the business earned $2.50 EPS. 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 fiscal year.

Marriott International announced that its board has initiated a share buyback program on Thursday, August 7th that allows the company to buyback 25,000,000 outstanding shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Marriott International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, August 21st were issued 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 yield of 1.0%. Marriott International’s dividend payout ratio is 30.21%.

Marriott International Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding MAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marriott International, Inc. (NASDAQ:MARFree Report).

Institutional Ownership by Quarter for Marriott International (NASDAQ:MAR)

Receive News & Ratings for Marriott International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marriott International and related companies with MarketBeat.com's FREE daily email newsletter.