Rogco LP Decreases Holdings in Marriott International, Inc. $MAR

Rogco LP reduced its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 7.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,457 shares of the company’s stock after selling 200 shares during the quarter. Rogco LP’s holdings in Marriott International were worth $671,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Pallas Capital Advisors LLC grew its holdings in Marriott International by 0.4% in the second quarter. Pallas Capital Advisors LLC now owns 8,649 shares of the company’s stock worth $2,363,000 after purchasing an additional 37 shares during the last quarter. CreativeOne Wealth LLC boosted its position in shares of Marriott International by 2.1% in the 1st quarter. CreativeOne Wealth LLC now owns 1,831 shares of the company’s stock worth $436,000 after purchasing an additional 38 shares in the last quarter. Motley Fool Asset Management LLC increased its position in Marriott International by 0.3% during the 1st quarter. Motley Fool Asset Management LLC now owns 12,824 shares of the company’s stock valued at $3,055,000 after buying an additional 39 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in Marriott International by 1.7% in the first quarter. Geneos Wealth Management Inc. now owns 2,387 shares of the company’s stock valued at $569,000 after buying an additional 40 shares during the last quarter. Finally, 4J Wealth Management LLC grew its stake in shares of Marriott International by 3.6% during the first quarter. 4J Wealth Management LLC now owns 1,224 shares of the company’s stock worth $292,000 after acquiring an additional 43 shares during the last quarter. 70.70% of the stock is owned by institutional investors.

Marriott International Trading Down 2.4%

Shares of MAR stock opened at $260.44 on Wednesday. Marriott International, Inc. has a twelve month low of $205.40 and a twelve month high of $307.52. The stock has a market cap of $70.70 billion, a P/E ratio of 29.36, a P/E/G ratio of 2.63 and a beta of 1.38. The stock has a 50 day moving average of $265.91 and a 200 day moving average of $257.90.

Marriott International (NASDAQ:MAR) last released its quarterly earnings data on Tuesday, August 5th. The company reported $2.65 EPS for the quarter, hitting the consensus estimate of $2.65. The business had revenue of $6.74 billion for the quarter, compared to analyst estimates of $6.66 billion. Marriott International had a negative return on equity of 93.44% and a net margin of 9.60%.The business’s quarterly revenue was up 4.7% compared to the same quarter last year. 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. On average, research analysts predict that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International declared that its Board of Directors has authorized a stock buyback plan on Thursday, August 7th that allows the company to repurchase 25,000,000 shares. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Marriott International Announces Dividend

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

Wall Street Analyst Weigh In

Several analysts have weighed in on MAR shares. Robert W. Baird boosted their target price on shares of Marriott International from $285.00 to $287.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 20th. BMO Capital Markets reduced their target price on 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. JPMorgan Chase & Co. started coverage on Marriott International in a research note on Monday, June 23rd. They set a “neutral” rating and a $284.00 price target on the stock. Finally, Truist Financial raised their price objective on Marriott International from $273.00 to $278.00 and gave the stock a “hold” rating in a research note on Wednesday, September 3rd. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.