Applied Finance Capital Management LLC Purchases 1,203 Shares of Marriott International, Inc. $MAR

Applied Finance Capital Management LLC lifted its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 21.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,737 shares of the company’s stock after purchasing an additional 1,203 shares during the quarter. Applied Finance Capital Management LLC’s holdings in Marriott International were worth $1,841,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in MAR. Nissay Asset Management Corp Japan ADV grew its stake 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 valued at $15,005,000 after acquiring an additional 5,482 shares during the period. Permanens Capital L.P. lifted its holdings in shares of Marriott International by 15.6% during the 1st quarter. Permanens Capital L.P. now owns 15,396 shares of the company’s stock valued at $3,667,000 after purchasing an additional 2,076 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Marriott International by 3.8% during the 1st 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 in the last quarter. Swedbank AB raised its holdings in Marriott International by 1.3% during the 1st quarter. Swedbank AB now owns 68,429 shares of the company’s stock worth $16,300,000 after buying an additional 881 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its holdings in shares of Marriott International by 11.9% in the first quarter. Sequoia Financial Advisors LLC now owns 13,441 shares of the company’s stock valued at $3,202,000 after buying an additional 1,432 shares during the period. Institutional investors and hedge funds own 70.70% of the company’s stock.

Marriott International Trading Down 2.7%

NASDAQ MAR opened at $259.04 on Friday. Marriott International, Inc. has a 12 month low of $205.40 and a 12 month high of $307.52. The stock has a 50 day moving average of $265.50 and a 200-day moving average of $259.65. The company has a market cap of $70.32 billion, a PE ratio of 29.20, a PEG ratio of 2.62 and a beta of 1.35.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results 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 for the quarter, compared to analyst estimates of $6.66 billion. Marriott International had a net margin of 9.60% and a negative return on equity of 93.44%. The company’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the prior 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, sell-side analysts predict that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, August 21st were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, August 21st. Marriott International’s payout ratio is 30.21%.

Marriott International declared that its Board of Directors has approved a stock buyback program on Thursday, August 7th that allows the company to buyback 25,000,000 shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. BMO Capital Markets cut their price objective on shares of Marriott International from $285.00 to $280.00 and set a “market perform” rating on the stock in a research report on Wednesday, August 6th. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a report on Wednesday, October 8th. Truist Financial increased their price objective on Marriott International from $273.00 to $278.00 and gave the stock a “hold” rating in a report on Wednesday, September 3rd. Robert W. Baird upped their price target on Marriott International from $285.00 to $287.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 20th. Finally, Barclays lowered their price objective on shares of Marriott International from $276.00 to $262.00 and set an “equal weight” rating on the stock in a report on Friday, October 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $282.63.

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.