Tema Etfs LLC bought a new stake in Marriott International, Inc. (NASDAQ:MAR – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,568 shares of the company’s stock, valued at approximately $1,971,000.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MAR. AlphaQuest LLC boosted its position in 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 last quarter. Addison Advisors LLC purchased a new position in Marriott International in the second quarter valued at about $34,000. Darwin Wealth Management LLC acquired a new stake in Marriott International during the 2nd quarter valued at approximately $37,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of Marriott International in the 2nd quarter valued at approximately $38,000. Finally, Quaker Wealth Management LLC grew its position in shares of 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 in the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.
Wall Street Analyst Weigh In
A number of research analysts have commented on the stock. Robert W. Baird reduced their price objective on shares of Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 21st. Wells Fargo & Company assumed coverage on shares of Marriott International in a research report on Tuesday, November 18th. They set an “overweight” rating and a $329.00 price target on the stock. BMO Capital Markets raised Marriott International from a “market perform” rating to an “outperform” rating and boosted their price objective for the company from $285.00 to $370.00 in a report on Friday. Truist Financial increased their target price on Marriott International from $278.00 to $283.00 and gave the stock a “hold” rating in a report on Thursday, December 4th. Finally, The Goldman Sachs Group upgraded Marriott International from a “neutral” rating to a “buy” rating and boosted their price target for the company from $288.00 to $345.00 in a report on Monday, December 15th. Three research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $306.81.
Marriott International Trading Down 1.5%
Shares of NASDAQ MAR opened at $323.35 on Tuesday. Marriott International, Inc. has a 12-month low of $205.40 and a 12-month high of $331.09. The company has a market cap of $86.77 billion, a PE ratio of 34.14, a P/E/G ratio of 2.56 and a beta of 1.16. The stock has a 50 day simple moving average of $301.61 and a 200-day simple moving average of $279.82.
Marriott International (NASDAQ:MAR – Get Free Report) last announced its quarterly 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 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 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 fiscal year.
Marriott International Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Thursday, November 20th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, November 20th. Marriott International’s dividend payout ratio is currently 28.30%.
Insider Buying and Selling at Marriott International
In other news, insider William P. Brown sold 6,666 shares of the business’s stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $280.04, for a total value of $1,866,746.64. Following the sale, the insider owned 11,000 shares of the company’s stock, valued at approximately $3,080,440. The trade was a 37.73% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Deborah Marriott Harrison sold 70,000 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $291.63, for a total value of $20,414,100.00. Following the transaction, the insider directly owned 175,210 shares of the company’s stock, valued at $51,096,492.30. This represents a 28.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 88,289 shares of company stock valued at $25,669,425. 10.68% of the stock is currently owned by company insiders.
About Marriott International
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.
Read More
- Five stocks we like better than Marriott International
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- How a Family Trust May Be Able To Help Preserve Your Wealth
- A U.S. “birthright” claim worth trillions – activated quietly
- Ticker Revealed: Pre-IPO Access to “Next Elon Musk” Company
- This stock gets a 94 out of 100
Receive News & Ratings for Marriott International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marriott International and related companies with MarketBeat.com's FREE daily email newsletter.
