Rockefeller Capital Management L.P. Reduces Stock Position in Marriott International, Inc. $MAR

Rockefeller Capital Management L.P. lessened its holdings in Marriott International, Inc. (NASDAQ:MAR) by 5.7% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 30,769 shares of the company’s stock after selling 1,867 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Marriott International were worth $8,407,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. AlphaQuest LLC increased its stake in Marriott International by 2,750.0% in the 2nd quarter. AlphaQuest LLC now owns 114 shares of the company’s stock worth $31,000 after buying an additional 110 shares during the period. Addison Advisors LLC bought a new position in Marriott International in the 2nd quarter worth about $34,000. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of Marriott International during the second quarter worth approximately $38,000. Quaker Wealth Management LLC raised its stake in shares of Marriott International by 203.4% during the second quarter. Quaker Wealth Management LLC now owns 150 shares of the company’s stock valued at $41,000 after acquiring an additional 295 shares in the last quarter. Finally, Westside Investment Management Inc. grew its stake in Marriott International by 198.0% in the second quarter. Westside Investment Management Inc. now owns 149 shares of the company’s stock worth $41,000 after purchasing an additional 99 shares in the last quarter. 70.70% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

MAR has been the subject of a number of research analyst reports. Truist Financial lifted their target price on Marriott International from $273.00 to $278.00 and gave the company a “hold” rating in a research report on Wednesday, September 3rd. Wells Fargo & Company assumed coverage on Marriott International in a report on Tuesday. They issued an “overweight” rating and a $329.00 price objective for the company. Robert W. Baird dropped their target price on shares of Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a report on Tuesday, October 21st. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a report on Wednesday, October 8th. Finally, Barclays increased their price objective on shares of Marriott International from $262.00 to $274.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 5th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and ten 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 target price of $289.87.

Insider Activity

In related news, EVP Peggy Roe sold 2,000 shares of the company’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $292.12, for a total transaction of $584,240.00. Following the transaction, the executive vice president directly owned 17,466 shares of the company’s stock, valued at $5,102,167.92. This represents a 10.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Benjamin T. Breland sold 1,650 shares of the firm’s stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $286.10, for a total value of $472,065.00. Following the completion of the sale, the executive vice president directly owned 18,225 shares of the company’s stock, valued at approximately $5,214,172.50. This represents a 8.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 85,799 shares of company stock worth $24,911,376 over the last quarter. Company insiders own 10.68% of the company’s stock.

Marriott International Stock Performance

MAR stock opened at $284.20 on Thursday. Marriott International, Inc. has a one year low of $205.40 and a one year high of $307.52. The firm has a market cap of $76.27 billion, a price-to-earnings ratio of 30.01, a PEG ratio of 2.74 and a beta of 1.36. The firm has a 50-day simple moving average of $270.04 and a two-hundred day simple moving average of $268.10.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $2.47 EPS for the quarter, topping the consensus estimate of $2.38 by $0.09. Marriott International had a net margin of 10.07% and a negative return on equity of 89.29%. The firm had revenue of $1.73 billion during 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. As a group, equities analysts predict that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Thursday, November 20th will be given a $0.67 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.9%. Marriott International’s dividend payout ratio (DPR) is presently 28.30%.

Marriott International declared that its Board of Directors has initiated a share buyback plan on Thursday, August 7th that authorizes the company to buyback 25,000,000 outstanding shares. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued.

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.