First Western Trust Bank Sells 723 Shares of Marriott International, Inc. $MAR

First Western Trust Bank decreased its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 4.5% during the second quarter, HoldingsChannel reports. The firm owned 15,174 shares of the company’s stock after selling 723 shares during the period. First Western Trust Bank’s holdings in Marriott International were worth $4,146,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Morse Asset Management Inc bought a new stake in Marriott International during the 1st quarter valued at $30,000. AlphaQuest LLC boosted its position in Marriott International by 2,750.0% during the second quarter. AlphaQuest LLC now owns 114 shares of the company’s stock valued at $31,000 after purchasing an additional 110 shares in the last quarter. Addison Advisors LLC purchased a new position in Marriott International in the second quarter valued at about $34,000. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of Marriott International during the second quarter valued at about $38,000. Finally, Quaker Wealth Management LLC boosted its holdings in shares of Marriott International by 203.4% in the 2nd quarter. Quaker Wealth Management LLC now owns 150 shares of the company’s stock valued at $41,000 after buying an additional 295 shares in the last quarter. 70.70% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Marriott International

In other news, EVP Peggy Roe sold 2,000 shares of Marriott International stock in a transaction on Monday, November 10th. The stock was sold at an average price of $292.12, for a total value of $584,240.00. Following the completion of the sale, the executive vice president directly owned 17,466 shares of the company’s stock, valued at approximately $5,102,167.92. The trade was a 10.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Deborah Marriott Harrison sold 70,000 shares of the business’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $291.63, for a total value of $20,414,100.00. Following the completion of the sale, the insider owned 175,210 shares in the company, valued at $51,096,492.30. This represents a 28.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 85,799 shares of company stock valued at $24,911,376. Corporate insiders own 10.68% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Truist Financial increased their target price 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. Robert W. Baird cut their price target on shares of Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 21st. Barclays lifted their price objective on shares of Marriott International from $262.00 to $274.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 5th. Weiss Ratings reissued a “buy (b-)” rating on shares of Marriott International in a research report on Wednesday, October 8th. Finally, Morgan Stanley reduced their target price on shares of Marriott International from $302.00 to $296.00 and set an “overweight” rating for the company in a report on Wednesday, October 22nd. Two equities research 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’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $286.40.

Marriott International Trading Down 0.1%

Shares of MAR opened at $291.67 on Thursday. The firm has a market capitalization of $78.27 billion, a P/E ratio of 30.80, a P/E/G ratio of 2.82 and a beta of 1.36. The firm has a 50-day moving average price of $268.14 and a 200 day moving average price of $266.60. Marriott International, Inc. has a 12-month low of $205.40 and a 12-month high of $307.52.

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

Marriott International declared that its Board of Directors has authorized a share repurchase plan on Thursday, August 7th that allows the company to repurchase 25,000,000 shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

Marriott International Dividend Announcement

The company also recently announced 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 of this dividend is Thursday, November 20th. This represents a $2.68 dividend on an annualized basis 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.