J.W. Cole Advisors Inc. Grows Stock Holdings in Marriott International, Inc. $MAR

J.W. Cole Advisors Inc. grew its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 32.2% during the second quarter, HoldingsChannel reports. The firm owned 8,662 shares of the company’s stock after purchasing an additional 2,111 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Marriott International were worth $2,367,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. AlphaQuest LLC lifted its position in Marriott International by 2,750.0% during the second quarter. AlphaQuest LLC now owns 114 shares of the company’s stock worth $31,000 after buying an additional 110 shares during the period. Addison Advisors LLC acquired a new position in shares of Marriott International during the 2nd quarter valued at about $34,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of Marriott International in the second quarter worth approximately $38,000. Quaker Wealth Management LLC grew its holdings in Marriott International by 203.4% in the second quarter. Quaker Wealth Management LLC now owns 150 shares of the company’s stock valued at $41,000 after purchasing an additional 295 shares during the period. Finally, Westside Investment Management Inc. raised its stake in Marriott International by 198.0% during the second quarter. Westside Investment Management Inc. now owns 149 shares of the company’s stock worth $41,000 after purchasing an additional 99 shares during the period. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on MAR shares. Barclays boosted their price objective on shares of Marriott International from $262.00 to $274.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 5th. Truist Financial boosted their price target on Marriott International from $273.00 to $278.00 and gave the company a “hold” rating in a research report on Wednesday, September 3rd. Morgan Stanley cut their price objective on Marriott International from $302.00 to $296.00 and set an “overweight” rating on the stock in a report on Wednesday, October 22nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Marriott International in a report on Wednesday, October 8th. Finally, Robert W. Baird cut their price target on shares of Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a report on Tuesday, October 21st. Three investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $289.87.

Insiders Place Their Bets

In related news, EVP Peggy Roe sold 2,000 shares of the stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $292.12, for a total value of $584,240.00. Following the completion of the transaction, the executive vice president owned 17,466 shares of the company’s stock, valued at approximately $5,102,167.92. This represents a 10.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider William P. Brown sold 6,666 shares of Marriott International stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $280.04, for a total value of $1,866,746.64. Following the sale, the insider owned 11,000 shares in the company, valued at $3,080,440. This represents a 37.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 86,672 shares of company stock valued at $25,174,655. Insiders own 10.68% of the company’s stock.

Marriott International Stock Up 0.2%

NASDAQ MAR opened at $304.65 on Friday. Marriott International, Inc. has a fifty-two week low of $205.40 and a fifty-two week high of $307.52. The business has a 50 day moving average price of $273.93 and a two-hundred day moving average price of $269.82. The stock has a market cap of $81.75 billion, a PE ratio of 32.17, a P/E/G ratio of 2.94 and a beta of 1.36.

Marriott International (NASDAQ:MAR) last posted its earnings results on Tuesday, November 4th. The company reported $2.47 EPS for the quarter, topping analysts’ consensus estimates of $2.38 by $0.09. The business had revenue of $1.73 billion for the quarter, compared to analysts’ expectations of $6.46 billion. Marriott International had a net margin of 10.07% and a negative return on equity of 89.29%. Marriott International has set its Q4 2025 guidance at 2.540-2.620 EPS. FY 2025 guidance at 9.980-10.060 EPS. Sell-side analysts anticipate that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International Dividend Announcement

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 given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, November 20th. Marriott International’s payout ratio is presently 28.30%.

Marriott International announced that its board has authorized a stock buyback program on Thursday, August 7th that authorizes the company to repurchase 25,000,000 shares. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its shares are undervalued.

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.