Marriott International (NASDAQ:MAR) CAO Felitia Lee Sells 1,617 Shares of Stock

Marriott International, Inc. (NASDAQ:MAR) CAO Felitia Lee sold 1,617 shares of the stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $305.98, for a total transaction of $494,769.66. Following the transaction, the chief accounting officer owned 4,893 shares in the company, valued at approximately $1,497,160.14. This trade represents a 24.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Felitia Lee also recently made the following trade(s):

• On Tuesday, November 25th, Felitia Lee sold 873 shares of Marriott International stock. The stock was sold at an average price of $301.58, for a total value of $263,279.34.

Marriott International Stock Performance

MAR stock opened at $305.97 on Wednesday. The company has a market cap of $82.11 billion, a price-to-earnings ratio of 32.31, a P/E/G ratio of 2.98 and a beta of 1.16. The business’s 50-day moving average is $282.58 and its two-hundred day moving average is $272.76. Marriott International, Inc. has a fifty-two week low of $205.40 and a fifty-two week high of $310.23.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data on Tuesday, November 4th. The company reported $2.47 earnings per share for the quarter, topping the consensus estimate of $2.38 by $0.09. The firm had revenue of $1.73 billion for the quarter, compared to analysts’ expectations 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 and its FY 2025 guidance at 9.980-10.060 EPS. Equities analysts predict that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. BMO Capital Markets lifted their price objective on Marriott International from $280.00 to $285.00 and gave the company a “market perform” rating in a research report on Wednesday, November 5th. Truist Financial lifted their price target on shares of Marriott International from $278.00 to $283.00 and gave the company a “hold” rating in a report on Thursday, December 4th. The Goldman Sachs Group raised shares of Marriott International from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $288.00 to $345.00 in a research note on Monday. Wells Fargo & Company initiated coverage on Marriott International in a report on Tuesday, November 18th. They set an “overweight” rating and a $329.00 price target on the stock. Finally, Barclays upped their price objective on Marriott International from $262.00 to $274.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 5th. Three analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $296.87.

Hedge Funds Weigh In On Marriott International

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Brighton Jones LLC increased its position in Marriott International by 2.5% in the fourth quarter. Brighton Jones LLC now owns 8,887 shares of the company’s stock worth $2,479,000 after purchasing an additional 218 shares during the last quarter. Fox Run Management L.L.C. purchased a new stake in shares of Marriott International during the 1st quarter valued at about $486,000. American Century Companies Inc. lifted its holdings in shares of Marriott International by 314.1% in the 1st quarter. American Century Companies Inc. now owns 110,114 shares of the company’s stock valued at $26,229,000 after acquiring an additional 83,522 shares during the last quarter. Cresset Asset Management LLC grew its position in Marriott International by 12.7% in the first quarter. Cresset Asset Management LLC now owns 10,120 shares of the company’s stock worth $2,411,000 after acquiring an additional 1,137 shares in the last quarter. Finally, Versor Investments LP raised its position in Marriott International by 85.5% during the first quarter. Versor Investments LP now owns 1,484 shares of the company’s stock valued at $353,000 after purchasing an additional 684 shares during the period. 70.70% of the stock is owned by institutional investors.

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.