Marriott International, Inc. $MAR Shares Bought by Nordea Investment Management AB

Nordea Investment Management AB grew its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 0.1% during the second quarter, Holdings Channel reports. The firm owned 67,098 shares of the company’s stock after acquiring an additional 44 shares during the quarter. Nordea Investment Management AB’s holdings in Marriott International were worth $18,257,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in shares of Marriott International by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 20,236,478 shares of the company’s stock worth $4,820,329,000 after acquiring an additional 184,387 shares during the period. Wellington Management Group LLP increased its holdings in shares of 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 acquiring an additional 766,309 shares during the period. Invesco Ltd. increased its holdings in shares of Marriott International by 18.9% in the 1st quarter. Invesco Ltd. now owns 4,123,836 shares of the company’s stock worth $982,298,000 after acquiring an additional 654,766 shares during the period. Alliancebernstein L.P. increased its holdings 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 acquiring an additional 1,129,555 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings 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 acquiring an additional 37,212 shares during the period. 70.70% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on MAR shares. Robert W. Baird increased their price objective on shares of Marriott International from $285.00 to $287.00 and gave the stock a “neutral” rating in a report on Wednesday, August 20th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Marriott International in a research report on Wednesday, October 8th. BMO Capital Markets decreased their target price on shares of Marriott International from $285.00 to $280.00 and set a “market perform” rating for the company in a research report on Wednesday, August 6th. JPMorgan Chase & Co. started coverage on shares of Marriott International in a research report on Monday, June 23rd. They issued a “neutral” rating and a $284.00 target price for the company. Finally, Truist Financial increased their target price on shares of 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 issued a Hold rating to the stock. According to MarketBeat, Marriott International currently has a consensus rating of “Moderate Buy” and a consensus target price of $282.63.

Marriott International Trading Up 0.7%

NASDAQ:MAR opened at $260.85 on Monday. Marriott International, Inc. has a twelve month low of $205.40 and a twelve month high of $307.52. The company has a 50-day moving average of $265.52 and a 200-day moving average of $260.17. The firm has a market cap of $70.81 billion, a price-to-earnings ratio of 29.41, a price-to-earnings-growth ratio of 2.57 and a beta of 1.35.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $2.65 earnings per share 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 company had revenue of $6.74 billion during the quarter, compared to analyst estimates of $6.66 billion. During the same quarter last year, the firm posted $2.50 EPS. The business’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. On average, research analysts forecast that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International declared that its Board of Directors has approved a stock repurchase program on Thursday, August 7th that permits the company to repurchase 25,000,000 shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board of directors believes its stock is undervalued.

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

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.