Marriott International, Inc. $MAR Shares Sold by Metis Global Partners LLC

Metis Global Partners LLC reduced its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 11.7% during the second quarter, HoldingsChannel reports. The firm owned 8,246 shares of the company’s stock after selling 1,089 shares during the quarter. Metis Global Partners LLC’s holdings in Marriott International were worth $2,253,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Summit Wealth & Retirement Planning Inc. purchased a new position in Marriott International in the 2nd quarter valued at about $310,000. Kinsale Capital Group Inc. boosted its holdings in Marriott International by 12.7% in the second quarter. Kinsale Capital Group Inc. now owns 26,297 shares of the company’s stock valued at $7,185,000 after purchasing an additional 2,963 shares during the last quarter. Paulson Wealth Management Inc. acquired a new stake in Marriott International during the 2nd quarter valued at approximately $217,000. Soltis Investment Advisors LLC raised its position in shares of Marriott International by 1.0% in the 2nd quarter. Soltis Investment Advisors LLC now owns 7,396 shares of the company’s stock valued at $2,021,000 after purchasing an additional 73 shares in the last quarter. Finally, Resona Asset Management Co. Ltd. boosted its stake in shares of Marriott International by 3.8% during the 2nd quarter. Resona Asset Management Co. Ltd. now owns 76,022 shares of the company’s stock valued at $20,773,000 after buying an additional 2,777 shares during the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Marriott International Trading Up 3.6%

NASDAQ:MAR opened at $291.16 on Monday. The stock has a 50 day moving average of $266.60 and a 200-day moving average of $265.65. Marriott International, Inc. has a 52 week low of $205.40 and a 52 week high of $307.52. The firm has a market capitalization of $78.13 billion, a PE ratio of 30.75, a price-to-earnings-growth ratio of 3.00 and a beta of 1.36.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share for the quarter, beating analysts’ consensus estimates of $2.38 by $0.09. The company had revenue of $1.73 billion during the quarter, compared to the consensus estimate of $6.46 billion. Marriott International had a net margin of 10.07% and a negative return on equity of 89.29%. Marriott International has set its Q4 2025 guidance at 2.540-2.620 EPS. FY 2025 guidance at 9.980-10.060 EPS. As a group, analysts predict that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Thursday, November 20th will be issued a $0.67 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $2.68 annualized dividend and a dividend yield of 0.9%. Marriott International’s dividend payout ratio is currently 28.30%.

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

Analysts Set New Price Targets

Several analysts recently issued reports on MAR shares. Morgan Stanley cut their price target on shares of Marriott International from $302.00 to $296.00 and set an “overweight” rating on the stock in a report on Wednesday, October 22nd. Truist Financial upped their target price on shares of Marriott International from $273.00 to $278.00 and gave the company a “hold” rating in a research note on Wednesday, September 3rd. Robert W. Baird decreased their price target on Marriott International from $287.00 to $285.00 and set a “neutral” rating for the company in a research note on Tuesday, October 21st. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a research note on Wednesday, October 8th. Finally, Barclays lifted their target price on Marriott International from $262.00 to $274.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 5th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $286.40.

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.