Burney Co. Sells 202 Shares of Marriott International, Inc. $MAR

Burney Co. cut its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 3.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,059 shares of the company’s stock after selling 202 shares during the quarter. Burney Co.’s holdings in Marriott International were worth $1,382,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. W.G. Shaheen & Associates DBA Whitney & Co bought a new stake in shares of Marriott International during the 2nd quarter valued at approximately $220,000. Telos Capital Management Inc. grew its holdings in shares of Marriott International by 4.0% during the 2nd quarter. Telos Capital Management Inc. now owns 1,125 shares of the company’s stock valued at $307,000 after purchasing an additional 43 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in Marriott International during the 2nd quarter worth approximately $38,000. Aviance Capital Partners LLC acquired a new stake in Marriott International during the 2nd quarter worth approximately $488,000. Finally, Mesirow Financial Investment Management Inc. boosted its position in Marriott International by 2.9% during the 2nd quarter. Mesirow Financial Investment Management Inc. now owns 4,394 shares of the company’s stock worth $1,201,000 after buying an additional 122 shares during the period. 70.70% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Morgan Stanley cut their target price on shares of Marriott International from $302.00 to $296.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 22nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Marriott International in a research report on Wednesday, October 8th. Robert W. Baird cut their target price on shares of Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 21st. Truist Financial lifted their target price on shares of Marriott International from $273.00 to $278.00 and gave the stock a “hold” rating in a research report on Wednesday, September 3rd. Finally, BMO Capital Markets dropped their price target on shares of Marriott International from $285.00 to $280.00 and set a “market perform” rating on the stock in a research report on Wednesday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, Marriott International presently has a consensus rating of “Moderate Buy” and a consensus target price of $285.27.

Marriott International Stock Performance

Shares of NASDAQ MAR opened at $272.24 on Wednesday. The company has a market capitalization of $73.90 billion, a P/E ratio of 30.69, a price-to-earnings-growth ratio of 2.73 and a beta of 1.36. 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 price is $265.65 and its 200-day moving average price is $264.32.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.38 by $0.09. The firm had revenue of $6.49 billion for the quarter, compared to the consensus estimate of $6.46 billion. Marriott International had a net margin of 9.60% and a negative return on equity of 93.44%. Marriott International has set its Q4 2025 guidance at 2.540-2.620 EPS. FY 2025 guidance at 9.980-10.060 EPS. Analysts forecast that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Announces Dividend

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

Marriott International announced that its board has authorized a stock repurchase plan on Thursday, August 7th that authorizes the company to repurchase 25,000,000 shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

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.