EagleClaw Capital Managment LLC Has $5.20 Million Position in Marriott International, Inc. $MAR

EagleClaw Capital Managment LLC reduced its stake in Marriott International, Inc. (NASDAQ:MAR) by 1.1% during the 2nd quarter, Holdings Channel reports. The fund owned 19,040 shares of the company’s stock after selling 215 shares during the period. EagleClaw Capital Managment LLC’s holdings in Marriott International were worth $5,202,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of MAR. Vanguard Group Inc. grew its holdings in shares of Marriott International by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 20,236,478 shares of the company’s stock worth $4,820,329,000 after purchasing an additional 184,387 shares in the last quarter. Wellington Management Group LLP increased its holdings in Marriott International by 16.4% in the 1st quarter. Wellington Management Group LLP now owns 5,427,410 shares of the company’s stock worth $1,292,809,000 after purchasing an additional 766,309 shares in the last quarter. Geode Capital Management LLC boosted its position in Marriott International by 2.0% during the 2nd quarter. Geode Capital Management LLC now owns 5,223,539 shares of the company’s stock worth $1,420,308,000 after buying an additional 102,798 shares during the period. Invesco Ltd. grew its stake in shares of Marriott International by 18.9% in the first quarter. Invesco Ltd. now owns 4,123,836 shares of the company’s stock worth $982,298,000 after purchasing an additional 654,766 shares during the last quarter. Finally, Alliancebernstein L.P. increased its stake in shares of Marriott International by 194.7% in the first quarter. Alliancebernstein L.P. now owns 1,709,665 shares of the company’s stock valued at $407,242,000 after buying an additional 1,129,555 shares during the period. 70.70% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, EVP Peggy Roe sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $292.12, for a total transaction of $584,240.00. Following the completion of the transaction, the executive vice president owned 17,466 shares in the company, valued at $5,102,167.92. This represents a 10.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Deborah Marriott Harrison sold 70,000 shares of the company’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $291.63, for a total transaction of $20,414,100.00. Following the completion of the transaction, the insider owned 175,210 shares of the company’s stock, valued at $51,096,492.30. This trade represents a 28.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 85,799 shares of company stock worth $24,911,376. 10.68% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on MAR shares. BMO Capital Markets lifted their target price on shares of Marriott International from $280.00 to $285.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 5th. Truist Financial raised their price target on shares of Marriott International from $273.00 to $278.00 and gave the company a “hold” rating in a research report on Wednesday, September 3rd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Marriott International in a report on Wednesday, October 8th. Robert W. Baird dropped their price target on Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a report on Tuesday, October 21st. Finally, Barclays increased their target price on shares of Marriott International from $262.00 to $274.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 5th. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat.com, Marriott International has an average rating of “Moderate Buy” and a consensus target price of $286.40.

Marriott International Stock Down 0.1%

NASDAQ MAR opened at $291.67 on Thursday. The stock’s 50-day simple moving average is $268.14 and its two-hundred day simple moving average is $266.60. The company has a market capitalization of $78.27 billion, a price-to-earnings ratio of 30.80, a PEG ratio of 2.82 and a beta of 1.36. Marriott International, Inc. has a twelve month low of $205.40 and a twelve month high of $307.52.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $2.47 EPS for the quarter, topping the consensus estimate of $2.38 by $0.09. The firm had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $6.46 billion. Marriott International had a net margin of 10.07% and a negative return on equity of 89.29%. Marriott International has set its Q4 2025 guidance at 2.540-2.620 EPS. FY 2025 guidance at 9.980-10.060 EPS. On average, equities analysts expect that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International declared 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 buy shares of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board believes its shares are undervalued.

Marriott International Announces Dividend

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

About Marriott International

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.