ASR Vermogensbeheer N.V. Lowers Stake in Marriott International, Inc. $MAR

ASR Vermogensbeheer N.V. reduced its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 4.0% in the second quarter, HoldingsChannel reports. The fund owned 17,921 shares of the company’s stock after selling 747 shares during the period. ASR Vermogensbeheer N.V.’s holdings in Marriott International were worth $4,896,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in MAR. Morse Asset Management Inc purchased a new position in Marriott International during the first quarter valued at $30,000. Sound Income Strategies LLC raised its position in shares of Marriott International by 46.7% in the 1st quarter. Sound Income Strategies LLC now owns 157 shares of the company’s stock worth $37,000 after purchasing an additional 50 shares during the last quarter. Center for Financial Planning Inc. raised its position in shares of Marriott International by 468.6% in the 1st 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 last quarter. Banque Transatlantique SA purchased a new position in Marriott International in the first quarter worth about $52,000. Finally, McClarren Financial Advisors Inc. purchased a new position in Marriott International in the first quarter worth about $57,000. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

Marriott International Stock Up 0.4%

NASDAQ MAR opened at $267.57 on Friday. Marriott International, Inc. has a 52 week low of $205.40 and a 52 week high of $307.52. The firm has a market capitalization of $72.63 billion, a P/E ratio of 30.17, a PEG ratio of 2.63 and a beta of 1.35. The company has a 50-day moving average price of $265.31 and a 200-day moving average price of $258.24.

Marriott International (NASDAQ:MAR) last announced its earnings results on Tuesday, August 5th. The company reported $2.65 EPS for the quarter, meeting analysts’ consensus estimates of $2.65. Marriott International had a net margin of 9.60% and a negative return on equity of 93.44%. The business had revenue of $6.74 billion during the quarter, compared to analysts’ expectations of $6.66 billion. During the same period in the prior year, the company earned $2.50 earnings per share. The firm’s revenue was up 4.7% on a year-over-year basis. 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, equities research analysts anticipate that Marriott International, Inc. will post 10.1 EPS for the current year.

Marriott International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, August 21st were given a $0.67 dividend. The ex-dividend date 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 is presently 30.21%.

Marriott International announced that its Board of Directors has approved a share repurchase program on Thursday, August 7th that authorizes the company to repurchase 25,000,000 shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s leadership believes its stock is undervalued.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. JPMorgan Chase & Co. assumed coverage on shares of Marriott International in a report on Monday, June 23rd. They issued a “neutral” rating and a $284.00 price objective for the company. Robert W. Baird boosted their price target on Marriott International from $285.00 to $287.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 20th. Weiss Ratings reissued a “buy (b-)” rating on shares of Marriott International in a research report on Saturday, September 27th. BMO Capital Markets decreased their target price on Marriott International from $285.00 to $280.00 and set a “market perform” rating for the company in a research report on Wednesday, August 6th. Finally, Barclays decreased 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 report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat, Marriott International currently has a consensus rating of “Moderate Buy” and a consensus price target of $282.63.

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.