5,171 Shares in Marriott International, Inc. $MAR Acquired by Soundwatch Capital LLC

Soundwatch Capital LLC acquired a new stake in Marriott International, Inc. (NASDAQ:MAR) in the second quarter, HoldingsChannel.com reports. The firm acquired 5,171 shares of the company’s stock, valued at approximately $1,471,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of MAR. AlphaQuest LLC boosted its stake in Marriott International by 2,750.0% during the 2nd quarter. AlphaQuest LLC now owns 114 shares of the company’s stock worth $31,000 after purchasing an additional 110 shares during the period. Addison Advisors LLC acquired a new stake in shares of Marriott International during the second 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 about $38,000. Westside Investment Management Inc. increased its position in Marriott International by 198.0% in the 2nd quarter. Westside Investment Management Inc. now owns 149 shares of the company’s stock valued at $41,000 after acquiring an additional 99 shares during the period. Finally, Quaker Wealth Management LLC lifted its position in Marriott International by 203.4% during the 2nd quarter. Quaker Wealth Management LLC now owns 150 shares of the company’s stock worth $41,000 after acquiring an additional 295 shares during the period. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on MAR. Wells Fargo & Company assumed coverage on Marriott International in a report on Tuesday, November 18th. They issued an “overweight” rating and a $329.00 target price on the stock. Barclays boosted 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. Morgan Stanley lowered their target price on shares of Marriott International from $302.00 to $296.00 and set an “overweight” rating on the stock in a report on Wednesday, October 22nd. BMO Capital Markets raised their price objective on shares of Marriott International from $280.00 to $285.00 and gave the company a “market perform” rating in a research report on Wednesday, November 5th. Finally, Robert W. Baird dropped their target price on Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 21st. Three investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $289.87.

Insider Buying and Selling at Marriott International

In other news, insider William P. Brown sold 6,666 shares of the business’s stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $280.04, for a total value of $1,866,746.64. Following the completion of the transaction, the insider directly owned 11,000 shares of the company’s stock, valued at $3,080,440. The trade was a 37.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Benjamin T. Breland sold 1,650 shares of the stock in a transaction on Friday, November 7th. The shares were sold at an average price of $286.10, for a total value of $472,065.00. Following the sale, the executive vice president directly owned 18,225 shares in the company, valued at approximately $5,214,172.50. The trade was a 8.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 85,799 shares of company stock worth $24,911,376. 10.68% of the stock is currently owned by insiders.

Marriott International Price Performance

MAR opened at $295.84 on Friday. The stock’s 50 day simple moving average is $270.91 and its 200 day simple moving average is $268.66. The stock has a market cap of $79.39 billion, a P/E ratio of 31.24, a P/E/G ratio of 2.86 and a beta of 1.36. Marriott International, Inc. has a 1-year low of $205.40 and a 1-year high of $307.52.

Marriott International (NASDAQ:MAR) last posted its earnings results on Tuesday, November 4th. The company reported $2.47 EPS for the quarter, topping analysts’ consensus estimates of $2.38 by $0.09. Marriott International had a negative return on equity of 89.29% and a net margin of 10.07%.The company had revenue of $1.73 billion for the quarter, compared to the consensus estimate 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. Research analysts expect that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International Dividend Announcement

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

Marriott International announced that its board has initiated a stock buyback program on Thursday, August 7th that permits the company to buyback 25,000,000 outstanding shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

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.