Interchange Capital Partners LLC Has $27,000 Position in Marriott International, Inc. $MAR

Interchange Capital Partners LLC reduced its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 96.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 99 shares of the company’s stock after selling 2,817 shares during the quarter. Interchange Capital Partners LLC’s holdings in Marriott International were worth $27,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of MAR. Mutual Advisors LLC increased its stake in shares of Marriott International by 4.5% in the second quarter. Mutual Advisors LLC now owns 1,048 shares of the company’s stock valued at $292,000 after buying an additional 45 shares in the last quarter. Generali Asset Management SPA SGR increased its stake in shares of Marriott International by 1.2% in the second quarter. Generali Asset Management SPA SGR now owns 10,579 shares of the company’s stock valued at $2,890,000 after buying an additional 124 shares in the last quarter. Twin Tree Management LP acquired a new stake in shares of Marriott International in the second quarter valued at $13,228,000. Sagespring Wealth Partners LLC increased its stake in shares of Marriott International by 23.8% in the second quarter. Sagespring Wealth Partners LLC now owns 3,709 shares of the company’s stock valued at $1,013,000 after buying an additional 712 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB increased its stake in shares of Marriott International by 5.0% in the second quarter. Wilmington Savings Fund Society FSB now owns 4,069 shares of the company’s stock valued at $1,112,000 after buying an additional 194 shares in the last quarter. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Marriott International Trading Down 0.7%

Shares of MAR opened at $266.19 on Thursday. Marriott International, Inc. has a 1 year low of $205.40 and a 1 year high of $307.52. The stock has a market cap of $72.26 billion, a P/E ratio of 30.01, a price-to-earnings-growth ratio of 2.64 and a beta of 1.35. The stock’s 50-day moving average price is $265.53 and its two-hundred day moving average price is $259.50.

Marriott International (NASDAQ:MAR) last issued 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. Marriott International had a negative return on equity of 93.44% and a net margin of 9.60%.The firm had revenue of $6.74 billion for the quarter, compared to analysts’ expectations of $6.66 billion. During the same quarter last year, the business earned $2.50 earnings per share. The company’s revenue was up 4.7% compared to the same quarter last year. 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 analysts forecast that Marriott International, Inc. will post 10.1 EPS for the current year.

Marriott International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, August 21st were given 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 of Directors has approved a stock repurchase program on Thursday, August 7th that authorizes the company to buyback 25,000,000 outstanding shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board believes its stock is undervalued.

Analyst Ratings Changes

A number of brokerages have recently weighed in on MAR. Barclays lowered their target price on Marriott International from $276.00 to $262.00 and set an “equal weight” rating for the company in a research note on Friday, October 3rd. Robert W. Baird raised their price target on Marriott International from $285.00 to $287.00 and gave the company a “neutral” rating in a report on Wednesday, August 20th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Marriott International in a report on Wednesday, October 8th. Truist Financial raised their price target on Marriott International from $273.00 to $278.00 and gave the company a “hold” rating in a report on Wednesday, September 3rd. Finally, JPMorgan Chase & Co. assumed coverage on Marriott International in a report on Monday, June 23rd. They issued a “neutral” rating and a $284.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $282.63.

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.