Marriott International, Inc. $MAR Position Lessened by Alexis Investment Partners LLC

Alexis Investment Partners LLC trimmed its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 11.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,722 shares of the company’s stock after selling 348 shares during the period. Alexis Investment Partners LLC’s holdings in Marriott International were worth $744,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of MAR. Brighton Jones LLC raised its holdings in shares of Marriott International by 2.5% during the fourth quarter. Brighton Jones LLC now owns 8,887 shares of the company’s stock worth $2,479,000 after acquiring an additional 218 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in Marriott International by 1.0% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 41,877 shares of the company’s stock valued at $9,975,000 after buying an additional 431 shares in the last quarter. Exchange Traded Concepts LLC raised its holdings in Marriott International by 17.7% during the first quarter. Exchange Traded Concepts LLC now owns 772 shares of the company’s stock valued at $184,000 after buying an additional 116 shares in the last quarter. Advisor Resource Council bought a new position in Marriott International during the first quarter valued at about $215,000. Finally, Inlight Wealth Management LLC bought a new position in Marriott International during the first quarter valued at about $136,000. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on MAR. Barclays cut their target price on Marriott International from $276.00 to $262.00 and set an “equal weight” rating on the stock in a report on Friday, October 3rd. BMO Capital Markets cut their target price on Marriott International from $285.00 to $280.00 and set a “market perform” rating on the stock in a report on Wednesday, August 6th. Truist Financial raised their price target on Marriott International from $273.00 to $278.00 and gave the company a “hold” rating in a research report on Wednesday, September 3rd. Robert W. Baird raised their price target on Marriott International from $285.00 to $287.00 and gave the company a “neutral” rating in a research report on Wednesday, August 20th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Marriott International in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat, Marriott International currently has an average rating of “Moderate Buy” and a consensus price target of $282.63.

Marriott International Stock Up 0.7%

MAR stock opened at $260.85 on Monday. Marriott International, Inc. has a twelve month low of $205.40 and a twelve month high of $307.52. The company has a market cap of $70.81 billion, a PE ratio of 29.41, a price-to-earnings-growth ratio of 2.57 and a beta of 1.35. The business’s 50-day simple moving average is $265.52 and its 200 day simple moving average is $260.17.

Marriott International (NASDAQ:MAR) last released its earnings results on Tuesday, August 5th. The company reported $2.65 earnings per share for the quarter, hitting analysts’ consensus estimates of $2.65. Marriott International had a negative return on equity of 93.44% and a net margin of 9.60%.The business had revenue of $6.74 billion for the quarter, compared to the consensus estimate of $6.66 billion. During the same period last year, the business earned $2.50 earnings per share. The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. 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, equities research analysts anticipate 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 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 programs are typically an indication that the company’s leadership believes its shares are undervalued.

Marriott International Announces Dividend

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

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.