Marriott International, Inc. $MAR Holdings Raised by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. grew its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 26.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 16,699 shares of the company’s stock after purchasing an additional 3,458 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Marriott International were worth $4,562,000 as of its most recent SEC filing.

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

Insider Activity

In other Marriott International news, insider Deborah Marriott Harrison sold 70,000 shares of the business’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $291.63, for a total transaction of $20,414,100.00. Following the sale, the insider directly owned 175,210 shares of the company’s stock, valued at $51,096,492.30. The trade was a 28.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Benjamin T. Breland sold 1,650 shares of Marriott International stock in a transaction on Friday, November 7th. The shares were sold at an average price of $286.10, for a total value of $472,065.00. Following the transaction, the executive vice president owned 18,225 shares in the company, valued at $5,214,172.50. This represents a 8.30% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 86,672 shares of company stock worth $25,174,655. 10.68% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have commented on MAR. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a research report on Wednesday, October 8th. Barclays boosted their target price on Marriott International from $262.00 to $274.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 5th. Truist Financial lifted 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. BMO Capital Markets upped their price objective on Marriott International from $280.00 to $285.00 and gave the company a “market perform” rating in a report on Wednesday, November 5th. Finally, Morgan Stanley lowered their target price on Marriott International from $302.00 to $296.00 and set an “overweight” rating on the stock in a report on Wednesday, October 22nd. Three equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, Marriott International currently has a consensus rating of “Moderate Buy” and an average price target of $289.87.

Marriott International Stock Up 0.4%

Shares of NASDAQ MAR opened at $304.65 on Wednesday. Marriott International, Inc. has a 52-week low of $205.40 and a 52-week high of $307.52. The stock has a market capitalization of $81.75 billion, a price-to-earnings ratio of 32.17, a PEG ratio of 2.93 and a beta of 1.16. The stock’s fifty day simple moving average is $276.30 and its 200 day simple moving average is $270.45.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share for the quarter, topping analysts’ consensus estimates of $2.38 by $0.09. Marriott International had a negative return on equity of 89.29% and a net margin of 10.07%.The firm had revenue of $1.73 billion for the quarter, compared to analysts’ expectations of $6.46 billion. 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, analysts anticipate that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International declared that its Board of Directors has approved a share buyback plan 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. Shares buyback plans are typically a sign that the company’s board believes its stock is undervalued.

Marriott International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Thursday, November 20th will be paid a $0.67 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $2.68 dividend on an annualized basis and a yield of 0.9%. Marriott International’s dividend payout ratio (DPR) is currently 28.30%.

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.