Marriott International, Inc. $MAR Shares Sold by Lockheed Martin Investment Management Co.

Lockheed Martin Investment Management Co. trimmed its holdings in Marriott International, Inc. (NASDAQ:MAR) by 6.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,730 shares of the company’s stock after selling 1,630 shares during the quarter. Lockheed Martin Investment Management Co.’s holdings in Marriott International were worth $6,483,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of MAR. Pallas Capital Advisors LLC lifted its position in Marriott International by 0.4% during the 2nd quarter. Pallas Capital Advisors LLC now owns 8,649 shares of the company’s stock worth $2,363,000 after acquiring an additional 37 shares during the period. CreativeOne Wealth LLC lifted its position in Marriott International by 2.1% during the 1st quarter. CreativeOne Wealth LLC now owns 1,831 shares of the company’s stock worth $436,000 after acquiring an additional 38 shares during the period. Motley Fool Asset Management LLC lifted its position in Marriott International by 0.3% during the 1st quarter. Motley Fool Asset Management LLC now owns 12,824 shares of the company’s stock worth $3,055,000 after acquiring an additional 39 shares during the period. Valmark Advisers Inc. lifted its position in Marriott International by 1.6% during the 2nd quarter. Valmark Advisers Inc. now owns 2,462 shares of the company’s stock worth $673,000 after acquiring an additional 39 shares during the period. Finally, Geneos Wealth Management Inc. lifted its position in Marriott International by 1.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,387 shares of the company’s stock worth $569,000 after acquiring an additional 40 shares during the period. 70.70% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on MAR. Barclays decreased their price objective on 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. Robert W. Baird decreased their price objective on Marriott International from $287.00 to $285.00 and set a “neutral” rating for the company in a research report on Tuesday, October 21st. BMO Capital Markets decreased their price objective on 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. 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. Finally, Morgan Stanley reduced their price target on Marriott International from $302.00 to $296.00 and set an “overweight” rating for the company in a report on Wednesday, October 22nd. Two equities 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. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $283.17.

Marriott International Stock Performance

Shares of MAR stock opened at $262.27 on Friday. The stock has a fifty day moving average price of $265.92 and a 200 day moving average price of $262.79. The stock has a market cap of $71.20 billion, a PE ratio of 29.57, a P/E/G ratio of 2.72 and a beta of 1.35. Marriott International, Inc. has a 1 year low of $205.40 and a 1 year high of $307.52.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $2.65 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.65. The firm had revenue of $6.74 billion during 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 was up 4.7% on a year-over-year basis. During the same period in the previous year, the firm posted $2.50 earnings per share. 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, equities research analysts predict that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International declared that its board has authorized a share buyback program on Thursday, August 7th that authorizes the company to repurchase 25,000,000 shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

Marriott International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors 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 annualized dividend and a yield of 1.0%. Marriott International’s payout ratio is currently 30.21%.

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.