Quotient Wealth Partners LLC Grows Stake in Marriott International, Inc. $MAR

Quotient Wealth Partners LLC increased its stake in Marriott International, Inc. (NASDAQ:MARFree Report) by 3.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,803 shares of the company’s stock after purchasing an additional 68 shares during the quarter. Quotient Wealth Partners LLC’s holdings in Marriott International were worth $493,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the company. Morse Asset Management Inc purchased a new position in shares of Marriott International during the 1st quarter valued at $30,000. Center for Financial Planning Inc. boosted its position in Marriott International by 468.6% during the first quarter. Center for Financial Planning Inc. now owns 199 shares of the company’s stock worth $47,000 after purchasing an additional 164 shares during the period. Banque Transatlantique SA purchased a new position in shares of Marriott International in the first quarter worth about $52,000. McClarren Financial Advisors Inc. purchased a new stake in shares of Marriott International during the 1st quarter valued at approximately $57,000. Finally, Creative Capital Management Investments LLC bought a new position in Marriott International in the 2nd quarter worth approximately $70,000. 70.70% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

MAR has been the topic of several recent research reports. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a research report on Wednesday, October 8th. JPMorgan Chase & Co. initiated coverage on Marriott International in a research note on Monday, June 23rd. They issued a “neutral” rating and a $284.00 target price for the company. BMO Capital Markets decreased their price target on 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. Barclays cut their price objective on shares of Marriott International from $276.00 to $262.00 and set an “equal weight” rating for the company in a research report on Friday, October 3rd. Finally, Robert W. Baird boosted their price objective on shares of Marriott International from $285.00 to $287.00 and gave the company a “neutral” rating in a research note on Wednesday, August 20th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $282.63.

Get Our Latest Research Report on MAR

Marriott International Trading Up 0.7%

Shares of NASDAQ MAR opened at $260.85 on Friday. The business has a 50-day moving average of $265.52 and a 200-day moving average of $259.92. The firm has a market capitalization of $70.81 billion, a price-to-earnings ratio of 29.41, a PEG ratio of 2.57 and a beta of 1.35. Marriott International, Inc. has a 12 month low of $205.40 and a 12 month high of $307.52.

Marriott International (NASDAQ:MARGet Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported $2.65 EPS for the quarter, hitting analysts’ consensus estimates of $2.65. The business had revenue of $6.74 billion during the quarter, compared to analysts’ expectations of $6.66 billion. Marriott International had a net margin of 9.60% and a negative return on equity of 93.44%. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.50 EPS. Marriott International has set its FY 2025 guidance at 9.850-10.080 EPS. Q3 2025 guidance at 2.310-2.390 EPS. On average, analysts predict that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, August 21st were issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Thursday, August 21st. Marriott International’s dividend payout ratio is presently 30.21%.

Marriott International declared that its Board of Directors has authorized a share buyback plan on Thursday, August 7th that permits the company to buyback 25,000,000 outstanding shares. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback plans are often an indication that the company’s management believes its stock is undervalued.

Marriott International Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Marriott International (NASDAQ:MAR)

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