Signaturefd LLC Acquires 189 Shares of Marriott International, Inc. $MAR

Signaturefd LLC lifted its stake in Marriott International, Inc. (NASDAQ:MAR) by 3.1% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 6,362 shares of the company’s stock after purchasing an additional 189 shares during the quarter. Signaturefd LLC’s holdings in Marriott International were worth $1,738,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Morse Asset Management Inc bought a new stake in shares of Marriott International during the 1st quarter valued at $30,000. Sound Income Strategies LLC lifted its position in Marriott International by 46.7% during the first quarter. Sound Income Strategies LLC now owns 157 shares of the company’s stock worth $37,000 after purchasing an additional 50 shares during the period. Center for Financial Planning Inc. lifted its position in Marriott International by 468.6% during the first quarter. Center for Financial Planning Inc. now owns 199 shares of the company’s stock worth $47,000 after purchasing an additional 164 shares during the period. Banque Transatlantique SA bought a new stake in Marriott International during the first quarter worth about $52,000. Finally, McClarren Financial Advisors Inc. bought a new stake in shares of Marriott International during the 1st quarter worth approximately $57,000. 70.70% of the stock is currently owned by institutional investors.

Marriott International Price Performance

Shares of NASDAQ MAR opened at $264.21 on Friday. The business’s fifty day moving average price is $266.25 and its 200-day moving average price is $257.57. The stock has a market capitalization of $71.72 billion, a PE ratio of 29.79, a P/E/G ratio of 2.61 and a beta of 1.38. Marriott International, Inc. has a one year low of $205.40 and a one year high of $307.52.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $2.65 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $2.65. The business had revenue of $6.74 billion for the quarter, compared to analysts’ expectations of $6.66 billion. Marriott International had a negative return on equity of 93.44% and a net margin of 9.60%.The firm’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.50 EPS. 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 analysts expect that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Thursday, August 21st will be given a dividend of $0.67 per share. The ex-dividend date is Thursday, August 21st. This represents a $2.68 annualized dividend and a dividend yield of 1.0%. Marriott International’s dividend payout ratio is 30.21%.

Marriott International declared that its Board of Directors has approved a stock repurchase plan on Thursday, August 7th that permits the company to buyback 25,000,000 outstanding shares. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on MAR shares. BMO Capital Markets dropped their price target on shares of Marriott International from $285.00 to $280.00 and set a “market perform” rating for the company 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 stock a “hold” rating in a report on Wednesday, September 3rd. JPMorgan Chase & Co. started coverage on Marriott International in a report on Monday, June 23rd. They issued a “neutral” rating and a $284.00 target price for the company. Finally, Robert W. Baird lifted their target price on Marriott International from $285.00 to $287.00 and gave the stock a “neutral” rating in a report on Wednesday, August 20th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat.com, Marriott International presently has a consensus rating of “Moderate Buy” and an average target price of $281.26.

Marriott International Company 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.