Marriott International, Inc. $MAR Position Trimmed by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC decreased its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 23.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,316 shares of the company’s stock after selling 691 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Marriott International were worth $552,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in MAR. Bernard Wealth Management Corp. bought a new stake in Marriott International during the fourth quarter valued at $25,000. Morse Asset Management Inc bought a new position in shares of Marriott International during the first quarter worth about $30,000. Sound Income Strategies LLC grew its position in shares of Marriott International by 46.7% during the first quarter. Sound Income Strategies LLC now owns 157 shares of the company’s stock worth $37,000 after acquiring an additional 50 shares during the last quarter. Heck Capital Advisors LLC bought a new position in shares of Marriott International during the fourth quarter worth about $38,000. Finally, Center for Financial Planning Inc. grew its position in shares of Marriott International by 468.6% during the first quarter. Center for Financial Planning Inc. now owns 199 shares of the company’s stock worth $47,000 after acquiring an additional 164 shares during the last quarter. Institutional investors own 70.70% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Robert W. Baird upped their price target on shares of Marriott International from $285.00 to $287.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 20th. UBS Group lowered their price target on shares of Marriott International from $302.00 to $299.00 and set a “neutral” rating for the company in a research report on Wednesday, May 21st. Truist Financial upped their price target on shares of Marriott International from $273.00 to $278.00 and gave the stock a “hold” rating in a research report on Wednesday, September 3rd. Dbs Bank upgraded shares of Marriott International from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 14th. Finally, BMO Capital Markets decreased their target price on shares of Marriott International from $285.00 to $280.00 and set a “market perform” rating for the company in a research report on Wednesday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $281.26.

Marriott International Stock Down 1.5%

Shares of MAR opened at $264.00 on Wednesday. The firm has a 50-day moving average price of $269.79 and a 200 day moving average price of $257.91. The firm has a market capitalization of $71.67 billion, a PE ratio of 29.76, a P/E/G ratio of 2.64 and a beta of 1.38. Marriott International, Inc. has a 52-week low of $205.40 and a 52-week high of $307.52.

Marriott International (NASDAQ:MAR) last announced its earnings results on Tuesday, August 5th. The company reported $2.65 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $2.65. Marriott International had a net margin of 9.60% and a negative return on equity of 93.44%. The firm had revenue of $6.74 billion during the quarter, compared to analyst estimates of $6.66 billion. During the same quarter in the prior year, the firm posted $2.50 EPS. Marriott International’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. On average, equities analysts expect that Marriott International, Inc. will post 10.1 EPS for the current year.

Marriott International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Thursday, August 21st will be paid a $0.67 dividend. The ex-dividend date of this dividend is 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 declared that its Board of Directors has initiated a stock buyback program on Thursday, August 7th that allows the company to repurchase 25,000,000 outstanding shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity

In other news, insider Rajeev Menon sold 2,500 shares of Marriott International stock in a transaction that occurred on Tuesday, June 24th. The shares were sold at an average price of $268.28, for a total value of $670,700.00. Following the transaction, the insider owned 5,706 shares of the company’s stock, valued at $1,530,805.68. The trade was a 30.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 10.68% of the stock is owned by corporate insiders.

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.