Marriott International, Inc. $MAR Stock Position Lowered by IFC Advisors LLC

IFC Advisors LLC lessened its position in Marriott International, Inc. (NASDAQ:MAR) by 5.4% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,180 shares of the company’s stock after selling 68 shares during the period. IFC Advisors LLC’s holdings in Marriott International were worth $322,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Morse Asset Management Inc acquired a new stake in shares of Marriott International during the first quarter worth $30,000. Sound Income Strategies LLC raised its position in shares of 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. raised its position in shares of 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 acquired a new stake in shares of Marriott International during the first quarter worth $52,000. Finally, McClarren Financial Advisors Inc. acquired a new stake in shares of Marriott International during the first quarter worth $57,000. Institutional investors own 70.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on MAR shares. Robert W. Baird boosted their target price on 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 dropped their price target on Marriott International from $285.00 to $280.00 and set a “market perform” rating on the stock in a research report on Wednesday, August 6th. JPMorgan Chase & Co. started coverage on Marriott International in a research report on Monday, June 23rd. They set a “neutral” rating and a $284.00 price target on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Marriott International in a research report on Wednesday, October 8th. Finally, Truist Financial upped their price target on Marriott International from $273.00 to $278.00 and gave the company a “hold” rating in a research report on Wednesday, September 3rd. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $282.63.

Marriott International Stock Performance

MAR opened at $263.26 on Tuesday. The company has a market cap of $71.46 billion, a PE ratio of 29.68, a price-to-earnings-growth ratio of 2.57 and a beta of 1.35. The stock has a 50-day moving average of $265.30 and a 200-day moving average of $259.40. Marriott International, Inc. has a 52-week low of $205.40 and a 52-week 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 (EPS) for the quarter, hitting the consensus estimate of $2.65. The company had revenue of $6.74 billion during the quarter, compared to the consensus estimate 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 revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the company 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 year.

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 paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Thursday, August 21st. Marriott International’s dividend payout ratio is 30.21%.

Marriott International announced that its board has initiated a stock repurchase program on Thursday, August 7th that authorizes the company to buyback 25,000,000 shares. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board believes its stock is undervalued.

About Marriott International

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.