Rakuten Investment Management Inc. Invests $16.76 Million in Marriott International, Inc. $MAR

Rakuten Investment Management Inc. acquired a new stake in Marriott International, Inc. (NASDAQ:MAR) during the third quarter, according to its most recent filing with the SEC. The firm acquired 66,151 shares of the company’s stock, valued at approximately $16,757,000.

Several other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of 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 lifted its holdings in shares of Marriott International by 1.2% in the 2nd quarter. State Street Corp now owns 9,488,566 shares of the company’s stock valued at $2,592,371,000 after buying an additional 114,973 shares during the period. Geode Capital Management LLC boosted its stake in shares of Marriott International by 2.0% in the second quarter. Geode Capital Management LLC now owns 5,223,539 shares of the company’s stock valued at $1,420,308,000 after buying an additional 102,798 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings 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 worth $1,281,825,000 after acquiring an additional 330,952 shares during the period. Finally, Invesco Ltd. lifted its holdings in Marriott International by 5.0% in the second quarter. Invesco Ltd. now owns 4,330,656 shares of the company’s stock valued at $1,183,178,000 after acquiring an additional 206,820 shares during the period. Institutional investors and hedge funds own 70.70% of the company’s stock.

Insider Buying and Selling

In related news, insider William P. Brown sold 6,666 shares of the stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $280.04, for a total transaction of $1,866,746.64. Following the transaction, the insider directly owned 11,000 shares in the company, valued at approximately $3,080,440. This represents a 37.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Rena Hozore Reiss sold 5,483 shares of Marriott International stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $287.11, for a total value of $1,574,224.13. Following the completion of the sale, the executive vice president owned 39,360 shares of the company’s stock, valued at $11,300,649.60. This trade represents a 12.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 88,289 shares of company stock worth $25,669,425 in the last three months. 10.68% of the stock is currently owned by insiders.

Marriott International Stock Performance

Marriott International stock opened at $313.84 on Wednesday. Marriott International, Inc. has a fifty-two week low of $205.40 and a fifty-two week high of $331.09. The company has a market capitalization of $84.22 billion, a price-to-earnings ratio of 33.14, a PEG ratio of 2.54 and a beta of 1.16. The stock has a fifty day moving average of $306.09 and a two-hundred day moving average of $281.73.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $2.47 EPS for the quarter, beating 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 business had revenue of $1.73 billion for the quarter, compared to analyst estimates 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, analysts forecast that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International Announces Dividend

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

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Morgan Stanley increased their price target on shares of Marriott International from $296.00 to $328.00 and gave the company an “overweight” rating in a report on Friday, January 16th. Robert W. Baird decreased their price target 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. BMO Capital Markets raised Marriott International from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $285.00 to $370.00 in a research note on Friday, January 9th. Weiss Ratings reissued a “buy (b-)” rating on shares of Marriott International in a report on Wednesday, October 8th. Finally, Truist Financial lifted their price target on Marriott International from $278.00 to $283.00 and gave the stock a “hold” rating in a research note on Thursday, December 4th. Three research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $312.50.

Marriott International Company Profile

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.