Marriott International, Inc. $MAR Shares Sold by Strs Ohio

Strs Ohio lessened its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 2.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 78,660 shares of the company’s stock after selling 1,888 shares during the period. Strs Ohio’s holdings in Marriott International were worth $20,486,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the company. AlphaQuest LLC raised its holdings in shares of Marriott International by 2,750.0% during the second quarter. AlphaQuest LLC now owns 114 shares of the company’s stock valued at $31,000 after acquiring an additional 110 shares during the last quarter. Addison Advisors LLC purchased a new stake in shares of Marriott International during the second quarter worth approximately $34,000. Darwin Wealth Management LLC acquired a new position in Marriott International in the 2nd quarter valued at $37,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in Marriott International during the 2nd quarter worth $38,000. Finally, Quaker Wealth Management LLC grew its holdings in shares of Marriott International by 203.4% during the second quarter. Quaker Wealth Management LLC now owns 150 shares of the company’s stock worth $41,000 after buying an additional 295 shares in the last quarter. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on MAR shares. Morgan Stanley boosted their price target on shares of Marriott International from $296.00 to $328.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. Sanford C. Bernstein boosted their target price on Marriott International from $329.00 to $369.00 and gave the stock an “outperform” rating in a report on Tuesday, January 6th. Robert W. Baird cut their price target on Marriott International from $287.00 to $285.00 and set a “neutral” rating for the company in a report on Tuesday, October 21st. Weiss Ratings reissued a “buy (b-)” rating on shares of Marriott International in a research note on Thursday. Finally, Wells Fargo & Company initiated coverage on Marriott International in a research note on Tuesday, November 18th. They issued an “overweight” rating and a $329.00 target price for the company. Three research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $313.75.

Insiders Place Their Bets

In other news, EVP Peggy Roe sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $292.12, for a total value of $584,240.00. Following the transaction, the executive vice president directly owned 17,466 shares in the company, valued at approximately $5,102,167.92. This represents a 10.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Felitia Lee sold 1,617 shares of Marriott International stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $305.98, for a total transaction of $494,769.66. Following the completion of the sale, the chief accounting officer owned 4,893 shares of the company’s stock, valued at $1,497,160.14. This trade represents a 24.84% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 88,289 shares of company stock worth $25,669,425. Insiders own 10.68% of the company’s stock.

Marriott International Stock Performance

MAR opened at $319.70 on Friday. The stock has a market capitalization of $85.79 billion, a PE ratio of 33.76, a P/E/G ratio of 2.49 and a beta of 1.16. Marriott International, Inc. has a one year low of $205.40 and a one year high of $331.09. The business’s 50 day moving average price is $308.03 and its 200 day moving average price is $282.59.

Marriott International (NASDAQ:MAR) last posted its earnings results on Tuesday, November 4th. The company reported $2.47 EPS for the quarter, beating analysts’ consensus estimates of $2.38 by $0.09. The company had revenue of $1.73 billion for the quarter, compared to the consensus estimate 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 and its FY 2025 guidance at 9.980-10.060 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 Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Thursday, November 20th were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Thursday, November 20th. Marriott International’s dividend payout ratio (DPR) is 28.30%.

Marriott International Profile

Marriott International is a global lodging company that develops, manages and franchises a broad portfolio of hotels and related lodging facilities. Its core activities include hotel and resort management, franchise operations, property development and the provision of centralized services such as reservations, marketing and loyalty program management. The company’s brand architecture spans market segments from luxury and premium to select-service and extended-stay, enabling it to serve a wide range of business and leisure travelers as well as corporate and group customers.

The company traces its roots to the hospitality business founded by J.