Marriott International, Inc. $MAR Shares Sold by Wealthspire Advisors LLC

Wealthspire Advisors LLC cut its position in Marriott International, Inc. (NASDAQ:MAR) by 4.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,003 shares of the company’s stock after selling 545 shares during the period. Wealthspire Advisors LLC’s holdings in Marriott International were worth $3,553,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MAR. AlphaQuest LLC grew its holdings in shares of Marriott International by 2,750.0% during the second quarter. AlphaQuest LLC now owns 114 shares of the company’s stock worth $31,000 after buying an additional 110 shares in the last quarter. Addison Advisors LLC purchased a new stake in Marriott International during the 2nd quarter valued at about $34,000. Harel Insurance Investments & Financial Services Ltd. purchased a new position in Marriott International in the 2nd quarter worth approximately $38,000. Westside Investment Management Inc. grew its position in shares of Marriott International by 198.0% in the second quarter. Westside Investment Management Inc. now owns 149 shares of the company’s stock valued at $41,000 after purchasing an additional 99 shares in the last quarter. Finally, Quaker Wealth Management LLC boosted its stake in Marriott International by 203.4% during the second quarter. Quaker Wealth Management LLC now owns 150 shares of the company’s stock worth $41,000 after buying an additional 295 shares during the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on MAR. Wells Fargo & Company began coverage on Marriott International in a research note on Tuesday. They issued an “overweight” rating and a $329.00 target price for the company. Barclays boosted their target price on shares of Marriott International from $262.00 to $274.00 and gave the company an “equal weight” rating in a report on Wednesday, November 5th. Robert W. Baird lowered their price objective on Marriott International from $287.00 to $285.00 and set a “neutral” rating for the company in a research report on Tuesday, October 21st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Marriott International in a research note on Wednesday, October 8th. Finally, BMO Capital Markets upped their target price on shares of Marriott International from $280.00 to $285.00 and gave the company a “market perform” rating in a research report on Wednesday, November 5th. Three investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Marriott International presently has an average rating of “Moderate Buy” and a consensus target price of $289.87.

Insider Transactions at Marriott International

In other news, EVP Peggy Roe sold 2,000 shares of the stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $292.12, for a total value of $584,240.00. Following the transaction, the executive vice president owned 17,466 shares in the company, valued at approximately $5,102,167.92. This represents a 10.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Rena Hozore Reiss sold 5,483 shares of the firm’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $287.11, for a total transaction of $1,574,224.13. Following the sale, the executive vice president directly owned 39,360 shares in the company, valued at approximately $11,300,649.60. The trade was a 12.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 85,799 shares of company stock valued at $24,911,376 over the last ninety days. Company insiders own 10.68% of the company’s stock.

Marriott International Price Performance

Shares of NASDAQ:MAR opened at $284.20 on Thursday. The firm’s 50-day moving average is $270.04 and its two-hundred day moving average is $268.10. Marriott International, Inc. has a 1 year low of $205.40 and a 1 year high of $307.52. The firm has a market capitalization of $76.27 billion, a PE ratio of 30.01, a price-to-earnings-growth ratio of 2.74 and a beta of 1.36.

Marriott International (NASDAQ:MAR) last released its earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.38 by $0.09. The company had revenue of $1.73 billion for the quarter, compared to analyst estimates of $6.46 billion. Marriott International had a net margin of 10.07% and a negative return on equity of 89.29%. Marriott International has set its Q4 2025 guidance at 2.540-2.620 EPS. FY 2025 guidance at 9.980-10.060 EPS. Analysts expect that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Thursday, November 20th will be issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 0.9%. The ex-dividend date is Thursday, November 20th. Marriott International’s payout ratio is 28.30%.

Marriott International announced that its board has approved a share buyback program on Thursday, August 7th that permits the company to buyback 25,000,000 outstanding shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.

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.