Seneca House Advisors Makes New Investment in Marriott International, Inc. $MAR

Seneca House Advisors purchased a new stake in shares of Marriott International, Inc. (NASDAQ:MARFree Report) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 9,463 shares of the company’s stock, valued at approximately $2,465,000. Marriott International accounts for about 1.0% of Seneca House Advisors’ portfolio, making the stock its 26th biggest position.

Several other large investors have also recently bought and sold shares of MAR. AlphaQuest LLC increased its stake in shares of Marriott International by 2,750.0% in the 2nd quarter. AlphaQuest LLC now owns 114 shares of the company’s stock valued at $31,000 after buying an additional 110 shares during the period. Addison Advisors LLC bought a new position in Marriott International in the second quarter valued at about $34,000. Darwin Wealth Management LLC bought a new stake in Marriott International during the 2nd quarter worth about $37,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in Marriott International during the 2nd quarter valued at about $38,000. Finally, Quaker Wealth Management LLC grew its position in shares of Marriott International by 203.4% during the 2nd 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 period. Institutional investors and hedge funds own 70.70% of the company’s stock.

Marriott International Trading Up 1.1%

NASDAQ:MAR opened at $310.16 on Friday. The stock has a market cap of $83.23 billion, a price-to-earnings ratio of 32.75, a PEG ratio of 3.00 and a beta of 1.16. The stock has a 50-day moving average price of $285.23 and a two-hundred day moving average price of $273.66. Marriott International, Inc. has a 1 year low of $205.40 and a 1 year high of $311.69.

Marriott International (NASDAQ:MARGet Free Report) last released its quarterly earnings data on Tuesday, November 4th. The company reported $2.47 earnings per share for the quarter, beating the consensus estimate of $2.38 by $0.09. Marriott International had a negative return on equity of 89.29% and a net margin of 10.07%.The business had revenue of $1.73 billion for the quarter, compared to analysts’ expectations of $6.46 billion. 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. Sell-side analysts forecast that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Announces Dividend

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 paid a $0.67 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $2.68 dividend on an annualized basis and a yield of 0.9%. Marriott International’s dividend payout ratio is presently 28.30%.

More Marriott International News

Here are the key news stories impacting Marriott International this week:

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on MAR. Barclays increased their price objective on shares of Marriott International from $274.00 to $276.00 and gave the company an “equal weight” rating in a report on Wednesday. BMO Capital Markets increased their price target on Marriott International from $280.00 to $285.00 and gave the company a “market perform” rating in a research note on Wednesday, November 5th. The Goldman Sachs Group raised Marriott International from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $288.00 to $345.00 in a research note on Monday, December 15th. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a report on Wednesday, October 8th. Finally, Wells Fargo & Company initiated coverage on Marriott International in a research note on Tuesday, November 18th. They issued an “overweight” rating and a $329.00 price target for the company. Three equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $297.00.

Get Our Latest Report on Marriott International

Insider Transactions at Marriott International

In other news, EVP Peggy Roe sold 2,000 shares of the company’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $292.12, for a total transaction of $584,240.00. Following the completion of the transaction, the executive vice president directly owned 17,466 shares of the company’s stock, valued at $5,102,167.92. This represents a 10.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Felitia Lee sold 1,617 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $305.98, for a total value of $494,769.66. Following the completion of the sale, the chief accounting officer owned 4,893 shares in the company, valued at $1,497,160.14. The trade was a 24.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 88,289 shares of company stock worth $25,669,425. 10.68% of the stock is currently owned by company insiders.

Marriott International Company Profile

(Free Report)

Marriott International is a global lodging company that develops, manages and franchises a broad portfolio of hotels and related lodging facilities. Its core activities include hotel and resort management, franchise operations, property development and the provision of centralized services such as reservations, marketing and loyalty program management. The company’s brand architecture spans market segments from luxury and premium to select-service and extended-stay, enabling it to serve a wide range of business and leisure travelers as well as corporate and group customers.

The company traces its roots to the hospitality business founded by J.

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Institutional Ownership by Quarter for Marriott International (NASDAQ:MAR)

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