Marriott International, Inc. $MAR Shares Bought by Quilter Plc

Quilter Plc grew its position in Marriott International, Inc. (NASDAQ:MAR) by 1.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 220,854 shares of the company’s stock after acquiring an additional 2,570 shares during the quarter. Quilter Plc’s holdings in Marriott International were worth $60,340,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Brighton Jones LLC increased its stake in Marriott International by 2.5% in the fourth quarter. Brighton Jones LLC now owns 8,887 shares of the company’s stock valued at $2,479,000 after purchasing an additional 218 shares during the period. Kestra Private Wealth Services LLC grew its holdings in shares of Marriott International by 10.0% during the first quarter. Kestra Private Wealth Services LLC now owns 7,110 shares of the company’s stock worth $1,694,000 after buying an additional 648 shares during the last quarter. J.W. Cole Advisors Inc. increased its position in Marriott International by 53.9% in the 1st quarter. J.W. Cole Advisors Inc. now owns 6,551 shares of the company’s stock valued at $1,560,000 after acquiring an additional 2,295 shares during the period. Ignite Planners LLC lifted its position in Marriott International by 6.7% during the 1st quarter. Ignite Planners LLC now owns 828 shares of the company’s stock worth $202,000 after acquiring an additional 52 shares during the period. Finally, Y Intercept Hong Kong Ltd increased its holdings in shares of Marriott International by 142.1% in the first quarter. Y Intercept Hong Kong Ltd now owns 11,922 shares of the company’s stock valued at $2,840,000 after purchasing an additional 6,997 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, insider Deborah Marriott Harrison sold 70,000 shares of the stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $291.63, for a total transaction of $20,414,100.00. Following the sale, the insider owned 175,210 shares in the company, valued at approximately $51,096,492.30. This represents a 28.55% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Peggy Roe sold 2,000 shares of the business’s stock in a transaction on Monday, November 10th. The stock was sold at an average price of $292.12, for a total value of $584,240.00. Following the completion of the transaction, the executive vice president directly owned 17,466 shares of the company’s stock, valued at approximately $5,102,167.92. This trade represents a 10.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 85,799 shares of company stock worth $24,911,376 in the last quarter. Insiders own 10.68% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on MAR shares. Robert W. Baird lowered their price objective on shares of Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 21st. Weiss Ratings reiterated a “buy (b-)” rating on shares of Marriott International in a research note on Wednesday, October 8th. Wells Fargo & Company began coverage on Marriott International in a report on Tuesday. They issued an “overweight” rating and a $329.00 price objective on the stock. BMO Capital Markets increased their target price on Marriott International from $280.00 to $285.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 5th. Finally, Barclays lifted their price target on Marriott International from $262.00 to $274.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 5th. Three analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $289.87.

Marriott International Price Performance

MAR opened at $284.20 on Thursday. Marriott International, Inc. has a 1-year low of $205.40 and a 1-year high of $307.52. The stock has a market cap of $76.27 billion, a P/E ratio of 30.01, a P/E/G ratio of 2.74 and a beta of 1.36. The stock’s 50 day simple moving average is $270.04 and its 200 day simple moving average is $268.10.

Marriott International (NASDAQ:MAR) last posted its 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. Marriott International had a negative return on equity of 89.29% and a net margin of 10.07%.The company had revenue of $1.73 billion for the quarter, compared to analyst estimates 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. Research analysts expect that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International announced that its board has approved a stock repurchase plan on Thursday, August 7th that allows the company to repurchase 25,000,000 shares. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Marriott International Announces Dividend

The business also recently disclosed 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 dividend yield of 0.9%. The ex-dividend date is Thursday, November 20th. Marriott International’s payout ratio is currently 28.30%.

Marriott International Company 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.