877 Shares in Marriott International, Inc. $MAR Bought by Leavell Investment Management Inc.

Leavell Investment Management Inc. bought a new position in Marriott International, Inc. (NASDAQ:MAR) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 877 shares of the company’s stock, valued at approximately $240,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in shares of Marriott International by 0.9% during the first quarter. Vanguard Group Inc. now owns 20,236,478 shares of the company’s stock valued at $4,820,329,000 after acquiring an additional 184,387 shares during the period. Wellington Management Group LLP increased its stake in shares of Marriott International by 16.4% in the first quarter. Wellington Management Group LLP now owns 5,427,410 shares of the company’s stock valued at $1,292,809,000 after buying an additional 766,309 shares in the last quarter. Invesco Ltd. increased its position in Marriott International by 18.9% in the first quarter. Invesco Ltd. now owns 4,123,836 shares of the company’s stock worth $982,298,000 after purchasing an additional 654,766 shares during the period. Alliancebernstein L.P. increased its position in Marriott International by 194.7% in the first quarter. Alliancebernstein L.P. now owns 1,709,665 shares of the company’s stock worth $407,242,000 after purchasing an additional 1,129,555 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Marriott International by 2.5% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,514,831 shares of the company’s stock worth $360,833,000 after buying an additional 37,212 shares during the period. 70.70% of the stock is owned by institutional investors.

Marriott International Stock Down 0.0%

Shares of NASDAQ:MAR opened at $271.21 on Tuesday. The business’s 50 day moving average is $265.96 and its 200 day moving average is $262.24. The stock has a market cap of $73.62 billion, a price-to-earnings ratio of 30.58, a PEG ratio of 2.80 and a beta of 1.35. Marriott International, Inc. has a 12-month low of $205.40 and a 12-month high of $307.52.

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

Marriott International declared that its board has initiated a share repurchase program on Thursday, August 7th that permits the company to repurchase 25,000,000 shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s management believes its shares are undervalued.

Marriott International Announces Dividend

The firm also recently announced 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 was Thursday, August 21st. Marriott International’s payout ratio is presently 30.21%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on MAR. Robert W. Baird cut their price objective on Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a report on Tuesday, October 21st. BMO Capital Markets reduced their target price on Marriott International from $285.00 to $280.00 and set a “market perform” rating on the stock in a report on Wednesday, August 6th. Morgan Stanley reduced their price objective on Marriott International from $302.00 to $296.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 22nd. Barclays reduced their price objective on Marriott International from $276.00 to $262.00 and set an “equal weight” rating on the stock in a research note on Friday, October 3rd. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Marriott International in a research report on Wednesday, October 8th. 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 company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $283.17.

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.