Vanguard Personalized Indexing Management LLC Grows Position in Marriott International, Inc. $MAR

Vanguard Personalized Indexing Management LLC increased its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 38.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 31,767 shares of the company’s stock after buying an additional 8,831 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Marriott International were worth $8,684,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in MAR. Alliancebernstein L.P. grew its stake in Marriott International by 194.7% during the 1st quarter. Alliancebernstein L.P. now owns 1,709,665 shares of the company’s stock worth $407,242,000 after buying an additional 1,129,555 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new position in shares of Marriott International in the 2nd quarter valued at approximately $266,084,000. Wellington Management Group LLP grew its stake in shares of Marriott International by 16.4% in the 1st quarter. Wellington Management Group LLP now owns 5,427,410 shares of the company’s stock valued at $1,292,809,000 after purchasing an additional 766,309 shares during the last quarter. Nuveen LLC purchased a new position in shares of Marriott International in the 1st quarter valued at approximately $166,059,000. Finally, Invesco Ltd. grew its stake in shares of Marriott International by 18.9% in the 1st quarter. Invesco Ltd. now owns 4,123,836 shares of the company’s stock valued at $982,298,000 after purchasing an additional 654,766 shares during the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on MAR shares. Barclays lowered their target price on Marriott International from $276.00 to $262.00 and set an “equal weight” rating on the stock in a research note on Friday, October 3rd. BMO Capital Markets lowered their target price on Marriott International from $285.00 to $280.00 and set a “market perform” rating on the stock in a research note on Wednesday, August 6th. Truist Financial lifted their target price on Marriott International from $273.00 to $278.00 and gave the company a “hold” rating in a research note on Wednesday, September 3rd. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a research note on Wednesday, October 8th. Finally, Robert W. Baird lifted their price target on Marriott International from $285.00 to $287.00 and gave the company a “neutral” rating in a research note on Wednesday, August 20th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $282.63.

Marriott International Stock Performance

Shares of MAR stock opened at $260.20 on Monday. The stock has a fifty day moving average price of $265.21 and a 200 day moving average price of $259.21. The stock has a market cap of $70.63 billion, a PE ratio of 29.33, a P/E/G ratio of 2.57 and a beta of 1.35. Marriott International, Inc. has a 1 year low of $205.40 and a 1 year high of $307.52.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Tuesday, August 5th. The company reported $2.65 earnings per share for the quarter, hitting analysts’ consensus estimates of $2.65. Marriott International had a negative return on equity of 93.44% and a net margin of 9.60%.The company had revenue of $6.74 billion during the quarter, compared to analysts’ expectations of $6.66 billion. During the same period in the previous year, the firm posted $2.50 earnings per share. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. Marriott International has set its FY 2025 guidance at 9.850-10.080 EPS. Q3 2025 guidance at 2.310-2.390 EPS. As a group, equities research analysts predict that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International declared that its board has authorized a share buyback program on Thursday, August 7th that authorizes the company to repurchase 25,000,000 shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

Marriott International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, August 21st were issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Thursday, August 21st. Marriott International’s payout ratio is 30.21%.

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.