Vise Technologies Inc. Invests $889,000 in Marriott International, Inc. $MAR

Vise Technologies Inc. purchased a new stake in shares of Marriott International, Inc. (NASDAQ:MAR) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,253 shares of the company’s stock, valued at approximately $889,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. purchased a new stake in shares of Marriott International in the 2nd quarter worth approximately $613,000. Nissay Asset Management Corp Japan ADV boosted its holdings in Marriott International by 9.5% in the first quarter. Nissay Asset Management Corp Japan ADV now owns 62,995 shares of the company’s stock worth $15,005,000 after acquiring an additional 5,482 shares in the last quarter. Permanens Capital L.P. grew its stake in shares of Marriott International by 15.6% in the first 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 during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Marriott International by 3.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 219,939 shares of the company’s stock valued at $52,389,000 after acquiring an additional 8,149 shares in the last quarter. Finally, Swedbank AB raised its position 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 purchasing an additional 881 shares during the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on MAR. Robert W. Baird reduced their price objective on shares of 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 reiterated a “buy (b-)” rating on shares of Marriott International in a report on Wednesday, October 8th. Truist Financial boosted their price objective on shares of Marriott International from $273.00 to $278.00 and gave the stock a “hold” rating in a report on Wednesday, September 3rd. BMO Capital Markets increased their target price on Marriott International from $280.00 to $285.00 and gave the company a “market perform” rating in a research note on Wednesday, November 5th. Finally, Morgan Stanley decreased their price target on Marriott International from $302.00 to $296.00 and set an “overweight” rating for the company in a research note on Wednesday, October 22nd. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $286.40.

Insider Buying and Selling at Marriott International

In other news, EVP Benjamin T. Breland sold 1,650 shares of Marriott International stock in a transaction on Friday, November 7th. The shares were sold at an average price of $286.10, for a total transaction of $472,065.00. Following the transaction, the executive vice president owned 18,225 shares in the company, valued at $5,214,172.50. This trade represents a 8.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Deborah Marriott Harrison sold 70,000 shares of the firm’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $291.63, for a total value of $20,414,100.00. Following the completion of the transaction, the insider directly owned 175,210 shares in the company, valued at approximately $51,096,492.30. This represents a 28.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 85,799 shares of company stock valued at $24,911,376 in the last quarter. Insiders own 10.68% of the company’s stock.

Marriott International Trading Down 1.5%

Shares of MAR stock opened at $287.43 on Friday. The stock has a market capitalization of $77.13 billion, a P/E ratio of 30.35, a P/E/G ratio of 2.82 and a beta of 1.36. The firm’s 50 day moving average is $268.51 and its 200 day moving average is $266.75. Marriott International, Inc. has a 12-month low of $205.40 and a 12-month high of $307.52.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share for the quarter, beating the consensus estimate of $2.38 by $0.09. The firm had revenue of $1.73 billion for the quarter, compared to analysts’ expectations of $6.46 billion. Marriott International had a negative return on equity of 89.29% and a net margin of 10.07%. 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, equities analysts predict that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Thursday, November 20th will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 0.9%. The ex-dividend date is Thursday, November 20th. Marriott International’s payout ratio is 28.30%.

Marriott International announced that its board has initiated a stock repurchase program 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 programs are usually a sign that the company’s management believes its stock is undervalued.

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.