Marriott International, Inc. $MAR Shares Sold by Capco Asset Management LLC

Capco Asset Management LLC reduced its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 0.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 246,543 shares of the company’s stock after selling 1,628 shares during the period. Marriott International accounts for about 14.2% of Capco Asset Management LLC’s investment portfolio, making the stock its largest position. Capco Asset Management LLC owned about 0.09% of Marriott International worth $67,358,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the company. Oppenheimer Asset Management Inc. acquired a new stake in Marriott International in the 2nd quarter worth about $613,000. Nissay Asset Management Corp Japan ADV lifted its holdings in shares of Marriott International by 9.5% during the 1st 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 during the period. Permanens Capital L.P. boosted its position 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 position in 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 worth $52,389,000 after purchasing an additional 8,149 shares during the last quarter. Finally, Swedbank AB raised its stake in Marriott International by 1.3% during the first 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 period. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Insider Transactions at Marriott International

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

Marriott International Stock Performance

MAR stock opened at $285.72 on Friday. The firm has a market cap of $76.67 billion, a P/E ratio of 30.17, a price-to-earnings-growth ratio of 2.78 and a beta of 1.36. Marriott International, Inc. has a 1 year low of $205.40 and a 1 year high of $307.52. The stock has a 50-day simple moving average of $268.93 and a 200-day simple moving average of $267.09.

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, topping analysts’ consensus estimates of $2.38 by $0.09. Marriott International had a negative return on equity of 89.29% and a net margin of 10.07%.The firm had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $6.46 billion. Marriott International has set its Q4 2025 guidance at 2.540-2.620 EPS. FY 2025 guidance at 9.980-10.060 EPS. On average, equities research analysts predict that Marriott International, Inc. will post 10.1 EPS for the current year.

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

Marriott International Dividend Announcement

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

Analysts Set New Price Targets

MAR has been the subject of several research reports. Robert W. Baird lowered 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. BMO Capital Markets boosted their price target on Marriott International from $280.00 to $285.00 and gave the company a “market perform” rating in a research report on Wednesday, November 5th. Barclays raised their price objective on Marriott International from $262.00 to $274.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 5th. Morgan Stanley decreased their target price on Marriott International from $302.00 to $296.00 and set an “overweight” rating for the company in a report on Wednesday, October 22nd. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Marriott International has a consensus rating of “Moderate Buy” and a consensus price target 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.