SPC Financial Inc. Decreases Holdings in Marriott International, Inc. $MAR

SPC Financial Inc. lessened its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 13.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,261 shares of the company’s stock after selling 2,055 shares during the period. SPC Financial Inc.’s holdings in Marriott International were worth $3,623,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Pallas Capital Advisors LLC increased its stake in shares of 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 in the last quarter. CreativeOne Wealth LLC increased its stake in shares of Marriott International by 2.1% in the first 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 stake in shares of Marriott International by 0.3% in the first quarter. Motley Fool Asset Management LLC now owns 12,824 shares of the company’s stock worth $3,055,000 after purchasing an additional 39 shares in the last quarter. Valmark Advisers Inc. increased its stake in shares of Marriott International by 1.6% in the second quarter. Valmark Advisers Inc. now owns 2,462 shares of the company’s stock worth $673,000 after purchasing an additional 39 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in shares of Marriott International by 1.7% in the first quarter. Geneos Wealth Management Inc. now owns 2,387 shares of the company’s stock worth $569,000 after purchasing an additional 40 shares in the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Truist Financial lifted their target price on shares of Marriott International from $273.00 to $278.00 and gave the stock a “hold” rating in a research note on Wednesday, September 3rd. BMO Capital Markets reduced their price objective 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. JPMorgan Chase & Co. started coverage on shares of Marriott International in a research note on Monday, June 23rd. They set a “neutral” rating and a $284.00 price objective for the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Marriott International in a research note on Wednesday. Finally, Robert W. Baird boosted their price objective on shares of 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 assigned a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $282.63.

Marriott International Price Performance

Shares of Marriott International stock opened at $260.20 on Friday. Marriott International, Inc. has a 1 year low of $205.40 and a 1 year high of $307.52. The firm has a market cap of $70.63 billion, a PE ratio of 29.33, a PEG ratio of 2.57 and a beta of 1.35. The company has a 50 day simple moving average of $265.21 and a two-hundred day simple moving average of $259.11.

Marriott International (NASDAQ:MAR) last announced its earnings results on Tuesday, August 5th. The company reported $2.65 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.65. Marriott International had a net margin of 9.60% and a negative return on equity of 93.44%. The business had revenue of $6.74 billion during the quarter, compared to analyst estimates of $6.66 billion. During the same period in the previous year, the business posted $2.50 earnings per share. Marriott International’s revenue for the quarter was up 4.7% on a year-over-year basis. 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, research analysts anticipate that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Dividend Announcement

The firm also recently disclosed 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 was Thursday, August 21st. Marriott International’s payout ratio is presently 30.21%.

Marriott International announced that its Board of Directors has authorized a share buyback program on Thursday, August 7th that allows the company to repurchase 25,000,000 shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its stock is undervalued.

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.