Twin Tree Management LP Acquires Shares of 48,418 Marriott International, Inc. $MAR

Twin Tree Management LP acquired a new stake in shares of Marriott International, Inc. (NASDAQ:MAR) in the second quarter, HoldingsChannel.com reports. The firm acquired 48,418 shares of the company’s stock, valued at approximately $13,228,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of Marriott International by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 20,236,478 shares of the company’s stock valued at $4,820,329,000 after acquiring an additional 184,387 shares during the last quarter. Wellington Management Group LLP grew its position in Marriott International by 16.4% in the 1st quarter. Wellington Management Group LLP now owns 5,427,410 shares of the company’s stock worth $1,292,809,000 after purchasing an additional 766,309 shares during the period. Invesco Ltd. lifted its holdings in shares of Marriott International by 18.9% during the 1st quarter. Invesco Ltd. now owns 4,123,836 shares of the company’s stock valued at $982,298,000 after buying an additional 654,766 shares during the period. Alliancebernstein L.P. boosted its stake in shares of Marriott International by 194.7% in 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. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Marriott International by 2.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,514,831 shares of the company’s stock worth $360,833,000 after buying an additional 37,212 shares during the last quarter. 70.70% of the stock is currently owned by institutional investors.

Marriott International Stock Performance

Shares of Marriott International stock opened at $266.19 on Thursday. Marriott International, Inc. has a one year low of $205.40 and a one year high of $307.52. The stock’s fifty day moving average is $265.53 and its 200 day moving average is $259.50. The stock has a market cap of $72.26 billion, a P/E ratio of 30.01, a P/E/G ratio of 2.64 and a beta of 1.35.

Marriott International (NASDAQ:MAR) last announced its earnings results on Tuesday, August 5th. The company reported $2.65 EPS for the quarter, hitting analysts’ consensus estimates of $2.65. The company 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%.Marriott International’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period last year, the firm earned $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. Analysts predict that Marriott International, Inc. will post 10.1 EPS for the current year.

Marriott International Announces Dividend

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

Marriott International announced that its board has approved a share buyback plan on Thursday, August 7th that allows the company to buyback 25,000,000 outstanding shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on MAR shares. Barclays dropped their price target 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. Truist Financial raised their price target on Marriott International from $273.00 to $278.00 and gave the stock a “hold” rating in a research note on Wednesday, September 3rd. Robert W. Baird raised their price target on Marriott International from $285.00 to $287.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 20th. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a research note on Wednesday, October 8th. Finally, JPMorgan Chase & Co. began coverage on Marriott International in a research note on Monday, June 23rd. They issued a “neutral” rating and a $284.00 price target on the stock. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $282.63.

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.