Quadrant Capital Group LLC grew its stake in shares of Marriott International, Inc. (NASDAQ:MAR – Free Report) by 2.0% in the 2nd quarter, Holdings Channel.com reports. The fund owned 15,878 shares of the company’s stock after purchasing an additional 311 shares during the quarter. Quadrant Capital Group LLC’s holdings in Marriott International were worth $4,338,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of MAR. Pallas Capital Advisors LLC raised its stake in Marriott International by 0.4% during the second quarter. Pallas Capital Advisors LLC now owns 8,649 shares of the company’s stock valued at $2,363,000 after buying an additional 37 shares in the last quarter. CreativeOne Wealth LLC lifted its stake in Marriott International by 2.1% during the first quarter. CreativeOne Wealth LLC now owns 1,831 shares of the company’s stock worth $436,000 after purchasing an additional 38 shares during the last quarter. Motley Fool Asset Management LLC raised its holdings in shares of Marriott International by 0.3% during the first quarter. Motley Fool Asset Management LLC now owns 12,824 shares of the company’s stock worth $3,055,000 after purchasing an additional 39 shares during the period. Valmark Advisers Inc. raised its stake in Marriott International by 1.6% during the second quarter. Valmark Advisers Inc. now owns 2,462 shares of the company’s stock worth $673,000 after acquiring an additional 39 shares during the period. Finally, Geneos Wealth Management Inc. raised its position in shares of Marriott International by 1.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,387 shares of the company’s stock worth $569,000 after purchasing an additional 40 shares during the period. Institutional investors own 70.70% of the company’s stock.
Insider Buying and Selling at Marriott International
In other Marriott International news, CAO Felitia Lee sold 873 shares of Marriott International stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $301.58, for a total value of $263,279.34. Following the transaction, the chief accounting officer owned 6,510 shares in the company, valued at approximately $1,963,285.80. The trade was a 11.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Benjamin T. Breland sold 1,650 shares of the 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 sale, the executive vice president owned 18,225 shares of the company’s stock, valued at $5,214,172.50. This trade represents a 8.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 86,672 shares of company stock valued at $25,174,655. Corporate insiders own 10.68% of the company’s stock.
Analyst Ratings Changes
Get Our Latest Stock Analysis on MAR
Marriott International Price Performance
NASDAQ MAR opened at $304.65 on Thursday. Marriott International, Inc. has a 12 month low of $205.40 and a 12 month high of $307.52. The firm has a market capitalization of $81.75 billion, a PE ratio of 32.17, a P/E/G ratio of 2.94 and a beta of 1.36. The company’s 50 day simple moving average is $273.11 and its 200 day simple moving average is $269.58.
Marriott International (NASDAQ:MAR – Get Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.38 by $0.09. The firm had revenue of $1.73 billion during the quarter, compared to analyst estimates of $6.46 billion. Marriott International had a negative return on equity of 89.29% and a net margin of 10.07%. 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 earnings per share for the current fiscal year.
Marriott International declared that its Board of Directors has approved a stock repurchase program on Thursday, August 7th that permits the company to repurchase 25,000,000 shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board of directors believes its stock is undervalued.
Marriott International Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders 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 annualized dividend and a dividend yield of 0.9%. Marriott International’s payout ratio is currently 28.30%.
Marriott International Company 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.
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