Tiemann Investment Advisors LLC Sells 139 Shares of Marriott International, Inc. $MAR

Tiemann Investment Advisors LLC reduced its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 5.8% in the first quarter, according to its most recent filing with the SEC. The fund owned 2,240 shares of the company’s stock after selling 139 shares during the period. Tiemann Investment Advisors LLC’s holdings in Marriott International were worth $534,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Bernard Wealth Management Corp. purchased a new position in shares of Marriott International in the 4th quarter worth about $25,000. Morse Asset Management Inc purchased a new stake in shares of Marriott International in the 1st quarter valued at $30,000. Kapitalo Investimentos Ltda purchased a new position in Marriott International in the 4th quarter worth $34,000. Sound Income Strategies LLC boosted its position in Marriott International by 46.7% during the first quarter. Sound Income Strategies LLC now owns 157 shares of the company’s stock valued at $37,000 after buying an additional 50 shares during the period. Finally, Heck Capital Advisors LLC bought a new position in shares of Marriott International during the fourth quarter valued at about $38,000. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Insiders Place Their Bets

In other news, insider Rajeev Menon sold 2,500 shares of Marriott International stock in a transaction that occurred on Tuesday, June 24th. The shares were sold at an average price of $268.28, for a total transaction of $670,700.00. Following the completion of the sale, the insider owned 5,706 shares of the company’s stock, valued at approximately $1,530,805.68. The trade was a 30.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Anthony Capuano sold 12,000 shares of the firm’s stock in a transaction on Friday, May 30th. The stock was sold at an average price of $263.90, for a total value of $3,166,800.00. Following the transaction, the chief executive officer owned 124,067 shares in the company, valued at $32,741,281.30. The trade was a 8.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 10.68% of the company’s stock.

Marriott International Stock Performance

MAR opened at $263.53 on Thursday. The stock has a market capitalization of $71.54 billion, a price-to-earnings ratio of 29.71, a PEG ratio of 2.62 and a beta of 1.44. Marriott International, Inc. has a fifty-two week low of $205.40 and a fifty-two week high of $307.52. The company has a fifty day moving average of $268.94 and a 200 day moving average of $260.38.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $2.65 EPS for the quarter, hitting analysts’ consensus estimates of $2.65. Marriott International had a net margin of 9.60% and a negative return on equity of 93.44%. The business had revenue of $6.74 billion during the quarter, compared to analysts’ expectations of $6.66 billion. During the same period last year, the company posted $2.50 EPS. The business’s revenue was up 4.7% on a year-over-year basis. Marriott International has set its FY 2025 guidance at 9.850-10.080 EPS. Q3 2025 guidance at 2.310-2.390 EPS. On average, equities research analysts forecast that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International declared that its board has approved a share repurchase plan on Thursday, August 7th that allows the company to buyback 25,000,000 outstanding shares. This buyback authorization allows the company to buy shares of its stock through open market purchases. Shares buyback plans are often a sign that the company’s board believes its stock is undervalued.

Marriott International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Thursday, August 21st will be issued a dividend of $0.67 per share. The ex-dividend date is Thursday, August 21st. This represents a $2.68 dividend on an annualized basis and a yield of 1.0%. Marriott International’s payout ratio is presently 30.21%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on MAR. Mizuho dropped their target price on Marriott International from $293.00 to $285.00 and set a “neutral” rating for the company in a report on Wednesday, May 7th. JPMorgan Chase & Co. assumed coverage on shares of Marriott International in a report on Monday, June 23rd. They issued a “neutral” rating and a $284.00 target price on the stock. BMO Capital Markets lowered their price target on shares of Marriott International from $285.00 to $280.00 and set a “market perform” rating for the company in a report on Wednesday, August 6th. Jefferies Financial Group raised shares of Marriott International from a “hold” rating to a “buy” rating and raised their price target for the stock from $226.00 to $303.00 in a report on Monday, May 12th. Finally, UBS Group dropped their target price on shares of Marriott International from $302.00 to $299.00 and set a “neutral” rating for the company in a report on Wednesday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $281.00.

About Marriott International

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.