MQS Management LLC Has $263,000 Stock Position in Marriott International, Inc. $MAR

MQS Management LLC trimmed its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 59.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 964 shares of the company’s stock after selling 1,414 shares during the quarter. MQS Management LLC’s holdings in Marriott International were worth $263,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Nissay Asset Management Corp Japan ADV boosted its holdings in Marriott International by 9.5% during the first quarter. Nissay Asset Management Corp Japan ADV now owns 62,995 shares of the company’s stock valued at $15,005,000 after purchasing an additional 5,482 shares in the last quarter. Permanens Capital L.P. boosted its holdings in shares of Marriott International by 15.6% in the 1st quarter. Permanens Capital L.P. now owns 15,396 shares of the company’s stock worth $3,667,000 after acquiring an additional 2,076 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Marriott International by 3.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 219,939 shares of the company’s stock worth $52,389,000 after acquiring an additional 8,149 shares in the last quarter. Swedbank AB boosted its holdings in shares of Marriott International by 1.3% in the 1st quarter. Swedbank AB now owns 68,429 shares of the company’s stock worth $16,300,000 after acquiring an additional 881 shares in the last quarter. Finally, Financial Gravity Asset Management Inc. acquired a new position in shares of Marriott International in the 1st quarter worth approximately $2,244,000. 70.70% of the stock is owned by institutional investors and hedge funds.

Marriott International Stock Performance

Shares of Marriott International stock opened at $271.21 on Tuesday. The firm has a fifty day moving average of $265.96 and a two-hundred day moving average of $262.24. The stock has a market capitalization of $73.62 billion, a price-to-earnings ratio of 30.58, a PEG ratio of 2.80 and a beta of 1.35. Marriott International, Inc. has a 52 week low of $205.40 and a 52 week high of $307.52.

Marriott International (NASDAQ:MAR) last issued its earnings results on Tuesday, August 5th. The company reported $2.65 EPS for the quarter, meeting the consensus estimate of $2.65. The company had revenue of $6.74 billion during the quarter, compared to analysts’ expectations of $6.66 billion. Marriott International had a net margin of 9.60% and a negative return on equity of 93.44%. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the previous 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. As a group, research analysts forecast that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

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

Marriott International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders 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 payout ratio is presently 30.21%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on MAR shares. Robert W. Baird reduced their target price on Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a report on Tuesday, October 21st. BMO Capital Markets reduced their target price on Marriott International from $285.00 to $280.00 and set a “market perform” rating on the stock in a report on Wednesday, August 6th. Truist Financial boosted their target price on Marriott International from $273.00 to $278.00 and gave the stock a “hold” rating in a report on Wednesday, September 3rd. Barclays dropped their price objective on shares of Marriott International from $276.00 to $262.00 and set an “equal weight” rating for the company in a research report on Friday, October 3rd. Finally, Morgan Stanley dropped their price objective on shares of Marriott International from $302.00 to $296.00 and set an “overweight” rating for the company in a research report on Wednesday, October 22nd. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Marriott International currently has a consensus rating of “Moderate Buy” and a consensus price target of $283.17.

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.