Marriott International, Inc. $MAR Shares Acquired by Trifecta Capital Advisors LLC

Trifecta Capital Advisors LLC lifted its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 22,466.7% in the second quarter, Holdings Channel reports. The institutional investor owned 2,031 shares of the company’s stock after buying an additional 2,022 shares during the quarter. Trifecta Capital Advisors LLC’s holdings in Marriott International were worth $555,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Marriott International by 0.9% during the first quarter. Vanguard Group Inc. now owns 20,236,478 shares of the company’s stock worth $4,820,329,000 after purchasing an additional 184,387 shares during the last quarter. Wellington Management Group LLP lifted its stake in Marriott International by 16.4% during the first quarter. Wellington Management Group LLP now owns 5,427,410 shares of the company’s stock worth $1,292,809,000 after purchasing an additional 766,309 shares during the last quarter. Invesco Ltd. lifted its stake in Marriott International by 18.9% during the first quarter. Invesco Ltd. now owns 4,123,836 shares of the company’s stock worth $982,298,000 after purchasing an additional 654,766 shares during the last quarter. Alliancebernstein L.P. lifted its stake in Marriott International by 194.7% during the first quarter. Alliancebernstein L.P. now owns 1,709,665 shares of the company’s stock worth $407,242,000 after purchasing an additional 1,129,555 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in Marriott International by 2.5% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,514,831 shares of the company’s stock worth $360,833,000 after purchasing an additional 37,212 shares during the last quarter. 70.70% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

Marriott International Stock Up 0.2%

Shares of NASDAQ MAR opened at $267.98 on Thursday. Marriott International, Inc. has a fifty-two week low of $205.40 and a fifty-two week high of $307.52. The firm’s 50-day simple moving average is $265.07 and its 200 day simple moving average is $258.77. The stock has a market cap of $72.75 billion, a P/E ratio of 30.21, a P/E/G ratio of 2.64 and a beta of 1.35.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $2.65 earnings per share 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 business had revenue of $6.74 billion for the quarter, compared to analysts’ expectations of $6.66 billion. During the same period in the previous year, the business earned $2.50 earnings per share. The company’s revenue was up 4.7% on a year-over-year basis. 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, sell-side analysts anticipate that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, August 21st were issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, August 21st. Marriott International’s payout ratio is presently 30.21%.

Marriott International declared that its board has initiated a share repurchase program on Thursday, August 7th that permits the company to buyback 25,000,000 outstanding shares. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company’s leadership 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.