Invesco Ltd. Purchases 206,820 Shares of Marriott International, Inc. $MAR

Invesco Ltd. raised its position in Marriott International, Inc. (NASDAQ:MAR) by 5.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,330,656 shares of the company’s stock after acquiring an additional 206,820 shares during the quarter. Invesco Ltd.’s holdings in Marriott International were worth $1,183,178,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC grew its position in Marriott International by 2.5% during the fourth quarter. Brighton Jones LLC now owns 8,887 shares of the company’s stock valued at $2,479,000 after buying an additional 218 shares during the period. Assetmark Inc. grew its position in shares of Marriott International by 30.2% during the 1st quarter. Assetmark Inc. now owns 293 shares of the company’s stock valued at $70,000 after acquiring an additional 68 shares during the period. Arkadios Wealth Advisors raised its holdings in Marriott International by 14.3% in the 1st quarter. Arkadios Wealth Advisors now owns 1,425 shares of the company’s stock worth $339,000 after purchasing an additional 178 shares during the period. Harbour Investments Inc. lifted its position in Marriott International by 6.6% during the first quarter. Harbour Investments Inc. now owns 758 shares of the company’s stock valued at $180,000 after purchasing an additional 47 shares in the last quarter. Finally, ING Groep NV grew its holdings in Marriott International by 5.3% during the first quarter. ING Groep NV now owns 38,186 shares of the company’s stock valued at $9,096,000 after purchasing an additional 1,938 shares during the period. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Analyst Upgrades and Downgrades

MAR has been the topic of several recent research reports. Robert W. Baird decreased their price objective on Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 21st. Morgan Stanley lowered their price target 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. Truist Financial increased their price objective on shares of Marriott International from $273.00 to $278.00 and gave the stock a “hold” rating in a research note on Wednesday, September 3rd. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a research note on Wednesday, October 8th. Finally, Barclays increased their price target on Marriott International from $262.00 to $274.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 5th. Three analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $289.87.

Marriott International Stock Performance

MAR opened at $304.65 on Wednesday. The stock has a market capitalization of $81.75 billion, a price-to-earnings ratio of 32.17, a PEG ratio of 2.93 and a beta of 1.16. The company has a fifty day moving average of $276.30 and a 200 day moving average of $270.45. Marriott International, Inc. has a fifty-two week low of $205.40 and a fifty-two week high of $307.52.

Marriott International (NASDAQ:MAR) last released its quarterly earnings data on Tuesday, November 4th. The company reported $2.47 EPS for the quarter, beating 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 business had revenue of $1.73 billion during 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 and its FY 2025 guidance at 9.980-10.060 EPS. On average, equities research analysts forecast that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Thursday, November 20th will be paid 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%.

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

Insider Activity

In related news, EVP Benjamin T. Breland sold 1,650 shares of the firm’s 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 completion of the transaction, the executive vice president directly owned 18,225 shares of the company’s stock, valued at approximately $5,214,172.50. This trade represents a 8.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider William P. Brown sold 6,666 shares of the stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $280.04, for a total transaction of $1,866,746.64. Following the transaction, the insider owned 11,000 shares of the company’s stock, valued at $3,080,440. This trade represents a 37.73% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 86,672 shares of company stock worth $25,174,655. 10.68% of the stock is owned by corporate insiders.

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.