Yousif Capital Management LLC trimmed its position in shares of Marriott International, Inc. (NASDAQ:MAR – Free Report) by 8.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 27,107 shares of the company’s stock after selling 2,349 shares during the period. Yousif Capital Management LLC’s holdings in Marriott International were worth $7,060,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also modified their holdings of the business. Oppenheimer Asset Management Inc. bought a new stake in shares of Marriott International in the second quarter valued at about $613,000. Nissay Asset Management Corp Japan ADV raised its holdings in Marriott International by 9.5% in the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 62,995 shares of the company’s stock valued at $15,005,000 after acquiring an additional 5,482 shares in the last quarter. Permanens Capital L.P. grew its holdings in shares of Marriott International by 15.6% during the 1st quarter. Permanens Capital L.P. now owns 15,396 shares of the company’s stock worth $3,667,000 after purchasing an additional 2,076 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Marriott International by 3.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 219,939 shares of the company’s stock valued at $52,389,000 after purchasing an additional 8,149 shares during the period. Finally, Swedbank AB lifted its position in Marriott International by 1.3% in the first quarter. Swedbank AB now owns 68,429 shares of the company’s stock worth $16,300,000 after purchasing an additional 881 shares during the period. Institutional investors and hedge funds own 70.70% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have issued reports on the stock. Robert W. Baird lowered their price target on shares of Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a report on Tuesday, October 21st. Barclays upped their target price on shares of Marriott International from $274.00 to $276.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 17th. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a research note on Wednesday, October 8th. The Goldman Sachs Group upgraded Marriott International from a “neutral” rating to a “buy” rating and upped their price objective for the company from $288.00 to $345.00 in a research note on Monday, December 15th. Finally, BMO Capital Markets raised their target price on Marriott International from $280.00 to $285.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 5th. Three investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $297.00.
Insider Buying and Selling
In other news, EVP Benjamin T. Breland sold 1,650 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $286.10, for a total transaction of $472,065.00. Following the transaction, the executive vice president directly owned 18,225 shares in the company, valued at approximately $5,214,172.50. This represents a 8.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Deborah Marriott Harrison sold 70,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $291.63, for a total transaction of $20,414,100.00. Following the completion of the sale, the insider directly owned 175,210 shares of the company’s stock, valued at approximately $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. In the last 90 days, insiders sold 88,289 shares of company stock valued at $25,669,425. Insiders own 10.68% of the company’s stock.
Marriott International Price Performance
Shares of MAR opened at $315.01 on Thursday. The company has a market capitalization of $84.53 billion, a P/E ratio of 33.26, a PEG ratio of 3.03 and a beta of 1.16. Marriott International, Inc. has a one year low of $205.40 and a one year high of $316.69. The business’s 50 day simple moving average is $288.14 and its 200-day simple moving average is $274.75.
Marriott International (NASDAQ:MAR – Get Free Report) last issued its quarterly earnings data on Tuesday, November 4th. The company reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate 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 and its FY 2025 guidance at 9.980-10.060 EPS. On average, sell-side analysts anticipate that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.
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. This represents a $2.68 annualized dividend and a yield of 0.9%. The ex-dividend date is Thursday, November 20th. Marriott International’s dividend payout ratio (DPR) is presently 28.30%.
About Marriott International
Marriott International is a global lodging company that develops, manages and franchises a broad portfolio of hotels and related lodging facilities. Its core activities include hotel and resort management, franchise operations, property development and the provision of centralized services such as reservations, marketing and loyalty program management. The company’s brand architecture spans market segments from luxury and premium to select-service and extended-stay, enabling it to serve a wide range of business and leisure travelers as well as corporate and group customers.
The company traces its roots to the hospitality business founded by J.
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