Insider Selling: Marriott International (NASDAQ:MAR) Insider Sells $1,866,746.64 in Stock

Marriott International, Inc. (NASDAQ:MAR) insider William Brown sold 6,666 shares of the business’s stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $280.04, for a total transaction of $1,866,746.64. Following the transaction, the insider directly owned 11,000 shares in the company, valued at approximately $3,080,440. The trade was a 37.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.

Marriott International Price Performance

Shares of MAR opened at $291.67 on Thursday. Marriott International, Inc. has a one year low of $205.40 and a one year high of $307.52. The firm has a market capitalization of $78.27 billion, a PE ratio of 30.80, a price-to-earnings-growth ratio of 2.82 and a beta of 1.36. The company has a 50-day simple moving average of $268.14 and a two-hundred day simple moving average of $266.60.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share for the quarter, beating the consensus estimate of $2.38 by $0.09. The company had revenue of $1.73 billion for the quarter, compared to analyst estimates of $6.46 billion. Marriott International had a negative return on equity of 89.29% and a net margin of 10.07%. Marriott International has set its Q4 2025 guidance at 2.540-2.620 EPS. FY 2025 guidance at 9.980-10.060 EPS. Analysts expect that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

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

Marriott International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Thursday, November 20th will be issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Thursday, November 20th. Marriott International’s dividend payout ratio (DPR) is presently 28.30%.

Institutional Trading of Marriott International

Large investors have recently modified their holdings of the company. Morse Asset Management Inc purchased a new position in Marriott International in the first quarter worth about $30,000. AlphaQuest LLC lifted its stake in shares of Marriott International by 2,750.0% in the 2nd quarter. AlphaQuest LLC now owns 114 shares of the company’s stock worth $31,000 after purchasing an additional 110 shares during the period. Addison Advisors LLC bought a new stake in Marriott International during the second quarter valued at approximately $34,000. Darwin Wealth Management LLC purchased a new stake in Marriott International during the second quarter valued at approximately $37,000. Finally, Harel Insurance Investments & Financial Services Ltd. bought a new position in Marriott International in the second quarter worth approximately $38,000. Institutional investors own 70.70% of the company’s stock.

Wall Street Analyst Weigh In

MAR has been the subject of a number of analyst reports. Barclays raised their price objective on Marriott International from $262.00 to $274.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 5th. BMO Capital Markets upped their price target on shares of Marriott International from $280.00 to $285.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 5th. 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 research note on Wednesday, September 3rd. Robert W. Baird dropped 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 note on Tuesday, October 21st. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Marriott International in a research report on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $286.40.

About Marriott International

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.