First Pacific Advisors LP Purchases 5,648 Shares of Marriott International, Inc. $MAR

First Pacific Advisors LP lifted its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 1.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 450,714 shares of the company’s stock after acquiring an additional 5,648 shares during the quarter. Marriott International makes up 1.8% of First Pacific Advisors LP’s investment portfolio, making the stock its 20th largest position. First Pacific Advisors LP’s holdings in Marriott International were worth $123,140,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in MAR. Alliancebernstein L.P. lifted its holdings in Marriott International by 194.7% during the 1st quarter. Alliancebernstein L.P. now owns 1,709,665 shares of the company’s stock worth $407,242,000 after purchasing an additional 1,129,555 shares in the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Marriott International in the 2nd quarter valued at about $266,084,000. Wellington Management Group LLP raised 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 valued at $1,292,809,000 after acquiring an additional 766,309 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Marriott International in the 1st quarter valued at about $166,059,000. Finally, Invesco Ltd. raised 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 valued at $982,298,000 after acquiring an additional 654,766 shares in the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Marriott International Price Performance

MAR opened at $265.45 on Wednesday. The stock’s 50 day simple moving average is $265.93 and its 200 day simple moving average is $262.53. 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 $72.06 billion, a price-to-earnings ratio of 29.93, a PEG ratio of 2.80 and a beta of 1.35.

Marriott International (NASDAQ:MAR) last posted 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. Marriott International had a negative return on equity of 93.44% and a net margin of 9.60%.The business had revenue of $6.74 billion for the quarter, compared to analyst estimates of $6.66 billion. During the same period last year, the company earned $2.50 EPS. Marriott International’s revenue for the quarter was up 4.7% compared to the same quarter last year. 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, sell-side analysts anticipate that Marriott International, Inc. will post 10.1 EPS for the current year.

Marriott International announced that its board has authorized a stock buyback plan on Thursday, August 7th that permits the company to buyback 25,000,000 outstanding shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

Marriott International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors 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 currently 30.21%.

Wall Street Analyst Weigh In

Several analysts have weighed in on MAR shares. Truist Financial raised their price target on Marriott International from $273.00 to $278.00 and gave the company a “hold” rating in a report on Wednesday, September 3rd. Morgan Stanley lowered their price target on Marriott International from $302.00 to $296.00 and set an “overweight” rating on the stock in a report on Wednesday, October 22nd. Robert W. Baird decreased their price objective on Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a report on Tuesday, October 21st. Weiss Ratings reissued a “buy (b-)” rating on shares of Marriott International in a report on Wednesday, October 8th. Finally, BMO Capital Markets decreased their price objective 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. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $283.17.

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.