Mutual of America Capital Management LLC Trims Stake in Marriott International, Inc. $MAR

Mutual of America Capital Management LLC lessened its stake in Marriott International, Inc. (NASDAQ:MAR) by 6.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,419 shares of the company’s stock after selling 1,649 shares during the period. Mutual of America Capital Management LLC’s holdings in Marriott International were worth $6,360,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Lazari Capital Management Inc. raised its position in shares of Marriott International by 1.6% in the third quarter. Lazari Capital Management Inc. now owns 2,356 shares of the company’s stock worth $614,000 after acquiring an additional 37 shares during the period. L2 Asset Management LLC raised its holdings in Marriott International by 4.0% in the 2nd quarter. L2 Asset Management LLC now owns 996 shares of the company’s stock worth $272,000 after purchasing an additional 38 shares during the period. Valmark Advisers Inc. grew its holdings in Marriott International by 1.6% in the second quarter. Valmark Advisers Inc. now owns 2,462 shares of the company’s stock valued at $673,000 after purchasing an additional 39 shares during the period. AE Wealth Management LLC increased its position in shares of Marriott International by 2.5% in the second quarter. AE Wealth Management LLC now owns 1,622 shares of the company’s stock valued at $443,000 after buying an additional 40 shares in the last quarter. Finally, HBK Sorce Advisory LLC lifted its position in shares of Marriott International by 1.2% during the 3rd quarter. HBK Sorce Advisory LLC now owns 3,512 shares of the company’s stock valued at $935,000 after buying an additional 40 shares in the last quarter. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Wells Fargo & Company started coverage on shares of Marriott International in a research report on Tuesday, November 18th. They set an “overweight” rating and a $329.00 price objective for the company. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a research report on Thursday, January 22nd. Citigroup boosted their price objective on Marriott International from $285.00 to $345.00 and gave the stock a “neutral” rating in a research note on Thursday, January 15th. Truist Financial raised their target price on Marriott International from $278.00 to $283.00 and gave the company a “hold” rating in a research report on Thursday, December 4th. Finally, Barclays increased their price objective on Marriott International from $276.00 to $320.00 and gave the company an “equal weight” rating in a research note on Friday, January 16th. Three research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Marriott International currently has a consensus rating of “Moderate Buy” and an average target price of $313.75.

Marriott International Stock Performance

Shares of Marriott International stock opened at $312.07 on Thursday. The business’s 50 day moving average price is $309.89 and its 200 day moving average price is $283.28. The company has a market cap of $83.74 billion, a price-to-earnings ratio of 32.95, a PEG ratio of 2.45 and a beta of 1.16. Marriott International, Inc. has a one year low of $205.40 and a one year high of $331.09.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $2.47 EPS for the quarter, topping 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 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 predict that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Thursday, November 20th were issued a dividend of $0.67 per share. The ex-dividend date was Thursday, November 20th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.9%. Marriott International’s dividend payout ratio (DPR) is currently 28.30%.

Insider Transactions at Marriott International

In related news, insider Deborah Marriott Harrison sold 70,000 shares of the stock in a transaction that occurred on 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 completion of the transaction, the insider directly owned 175,210 shares in the company, valued at approximately $51,096,492.30. This represents a 28.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Peggy Roe sold 2,000 shares of Marriott International stock in a transaction on Monday, November 10th. The shares were sold at an average price of $292.12, for a total value of $584,240.00. Following the completion of the sale, the executive vice president owned 17,466 shares in the company, valued at $5,102,167.92. This represents a 10.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 88,289 shares of company stock valued at $25,669,425 in the last ninety days. 10.68% of the stock is currently owned by corporate insiders.

Marriott International 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.