2,427 Shares in Marriott International, Inc. $MAR Purchased by Tred Avon Family Wealth LLC

Tred Avon Family Wealth LLC acquired a new position in Marriott International, Inc. (NASDAQ:MARFree Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,427 shares of the company’s stock, valued at approximately $632,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in Marriott International by 1.5% during the second quarter. Vanguard Group Inc. now owns 20,543,195 shares of the company’s stock worth $5,612,606,000 after acquiring an additional 306,717 shares during the period. State Street Corp increased its position in shares of Marriott International by 1.2% during the 2nd quarter. State Street Corp now owns 9,488,566 shares of the company’s stock valued at $2,592,371,000 after purchasing an additional 114,973 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of 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 purchasing an additional 102,798 shares during the period. Massachusetts Financial Services Co. MA grew its position in Marriott International by 7.2% during the third quarter. Massachusetts Financial Services Co. MA now owns 4,921,767 shares of the company’s stock valued at $1,281,825,000 after buying an additional 330,952 shares during the period. Finally, Invesco Ltd. raised its position in Marriott International by 5.0% in the second quarter. Invesco Ltd. now owns 4,330,656 shares of the company’s stock worth $1,183,178,000 after acquiring an additional 206,820 shares during the period. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Marriott International Stock Performance

Shares of MAR opened at $325.88 on Monday. Marriott International, Inc. has a 52-week low of $205.40 and a 52-week high of $331.09. The stock’s 50-day simple moving average is $304.94 and its 200 day simple moving average is $281.17. The stock has a market capitalization of $87.45 billion, a price-to-earnings ratio of 34.41, a price-to-earnings-growth ratio of 2.54 and a beta of 1.16.

Marriott International (NASDAQ:MARGet Free Report) last announced its quarterly earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $1.73 billion for the quarter, compared to analysts’ expectations 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, research analysts forecast that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Thursday, November 20th were paid a dividend of $0.67 per share. The ex-dividend date of this dividend was Thursday, November 20th. This represents a $2.68 annualized dividend and a yield of 0.8%. Marriott International’s dividend payout ratio (DPR) is currently 28.30%.

More Marriott International News

Here are the key news stories impacting Marriott International this week:

Insider Buying and Selling at Marriott International

In other Marriott International news, insider Deborah Marriott Harrison sold 70,000 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $291.63, for a total value of $20,414,100.00. Following the sale, 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 position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Rena Hozore Reiss sold 5,483 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $287.11, for a total transaction of $1,574,224.13. Following the completion of the transaction, the executive vice president owned 39,360 shares in the company, valued at approximately $11,300,649.60. This trade represents a 12.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 88,289 shares of company stock valued at $25,669,425 over the last 90 days. Insiders own 10.68% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on MAR. Wells Fargo & Company initiated coverage on shares of Marriott International in a research report on Tuesday, November 18th. They set an “overweight” rating and a $329.00 target price for the company. Sanford C. Bernstein raised their target price on Marriott International from $329.00 to $369.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 6th. Barclays upped their price target on Marriott International from $276.00 to $320.00 and gave the company an “equal weight” rating in a research report on Friday. The Goldman Sachs Group raised Marriott International from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $288.00 to $345.00 in a report on Monday, December 15th. Finally, Truist Financial upped their price objective on shares of Marriott International from $278.00 to $283.00 and gave the company a “hold” rating in a report on Thursday, December 4th. Three equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $312.50.

Read Our Latest Stock Report on Marriott International

About Marriott International

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Marriott International (NASDAQ:MAR)

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