Marriott International, Inc. $MAR Shares Sold by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. cut its stake in Marriott International, Inc. (NASDAQ:MAR) by 4.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 87,500 shares of the company’s stock after selling 3,600 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Marriott International were worth $23,906,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Pallas Capital Advisors LLC raised its holdings in Marriott International by 0.4% in the second quarter. Pallas Capital Advisors LLC now owns 8,649 shares of the company’s stock valued at $2,363,000 after acquiring an additional 37 shares in the last quarter. CreativeOne Wealth LLC increased 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 valued at $436,000 after purchasing an additional 38 shares during the last quarter. Motley Fool Asset Management LLC increased its stake in Marriott International by 0.3% during the first quarter. Motley Fool Asset Management LLC now owns 12,824 shares of the company’s stock valued at $3,055,000 after purchasing an additional 39 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in Marriott International by 1.7% during the first quarter. Geneos Wealth Management Inc. now owns 2,387 shares of the company’s stock valued at $569,000 after purchasing an additional 40 shares during the last quarter. Finally, 4J Wealth Management LLC increased its stake in Marriott International by 3.6% during the first quarter. 4J Wealth Management LLC now owns 1,224 shares of the company’s stock valued at $292,000 after purchasing an additional 43 shares during the last quarter. 70.70% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Marriott International

In related news, insider Rajeev Menon sold 2,500 shares of the stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $268.28, for a total value of $670,700.00. Following the completion of the transaction, the insider owned 5,706 shares in the company, valued at $1,530,805.68. This represents a 30.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 10.68% of the stock is owned by corporate insiders.

Marriott International Stock Up 0.7%

Shares of MAR opened at $263.95 on Friday. The firm has a 50-day moving average price of $267.76 and a 200 day moving average price of $257.40. The firm has a market capitalization of $71.65 billion, a PE ratio of 29.76, a P/E/G ratio of 2.58 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. The firm had revenue of $6.74 billion during the quarter, compared to analyst estimates of $6.66 billion. Marriott International had a net margin of 9.60% and a negative return on equity of 93.44%. Marriott International’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.50 EPS. 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 declared that its board has authorized a stock buyback plan on Thursday, August 7th that allows the company to buyback 25,000,000 shares. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback plans are often an indication that the company’s management believes its stock is undervalued.

Marriott International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Thursday, August 21st will be given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Thursday, August 21st. Marriott International’s dividend payout ratio is currently 30.21%.

Analysts Set New Price Targets

MAR has been the subject of several recent research reports. Robert W. Baird boosted their target price on shares of Marriott International from $285.00 to $287.00 and gave the company a “neutral” rating in a research note on Wednesday, August 20th. JPMorgan Chase & Co. assumed coverage on shares of Marriott International in a research report on Monday, June 23rd. They set a “neutral” rating and a $284.00 price target for the company. 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. Finally, BMO Capital Markets lowered their price target 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 given a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $281.26.

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.