Marriott International, Inc. $MAR Shares Acquired by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC raised its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 11.7% during the second quarter, HoldingsChannel.com reports. The firm owned 4,637 shares of the company’s stock after buying an additional 484 shares during the period. Valeo Financial Advisors LLC’s holdings in Marriott International were worth $1,267,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the business. Vanguard Group Inc. increased its position in shares of 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 in the last quarter. Wellington Management Group LLP increased its position in shares of 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 in the last quarter. Invesco Ltd. increased its position in shares of 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 in the last quarter. Alliancebernstein L.P. increased its position in shares of 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 in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Marriott International by 2.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,514,831 shares of the company’s stock valued at $360,833,000 after acquiring an additional 37,212 shares during the period. 70.70% of the stock is owned by institutional investors and hedge funds.

Marriott International Stock Down 1.7%

MAR stock opened at $267.45 on Wednesday. The company’s 50-day simple moving average is $265.11 and its 200-day simple moving average is $258.71. Marriott International, Inc. has a 52-week low of $205.40 and a 52-week high of $307.52. The firm has a market cap of $72.60 billion, a P/E ratio of 30.15, a PEG ratio of 2.68 and a beta of 1.35.

Marriott International (NASDAQ:MAR) last posted its earnings results on Tuesday, August 5th. The company reported $2.65 earnings per share (EPS) for the quarter, hitting the consensus estimate 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 analyst estimates of $6.66 billion. During the same period in the prior year, the company posted $2.50 EPS. The company’s revenue for the quarter 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, analysts anticipate that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

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

Marriott International Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research firms recently issued reports on MAR. 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 report on Friday, October 3rd. BMO Capital Markets cut their target price on Marriott International from $285.00 to $280.00 and set a “market perform” rating on the stock in a research report on Wednesday, August 6th. Truist Financial upped their target price on Marriott International from $273.00 to $278.00 and gave the company a “hold” rating in a research report on Wednesday, September 3rd. Robert W. Baird upped their target price on Marriott International from $285.00 to $287.00 and gave the company a “neutral” rating in a research report on Wednesday, August 20th. Finally, JPMorgan Chase & Co. started coverage on Marriott International in a research report on Monday, June 23rd. They issued a “neutral” rating and a $284.00 target price on the stock. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $282.63.

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.