Marriott International, Inc. $MAR Shares Sold by AdvisorNet Financial Inc

AdvisorNet Financial Inc trimmed its position in Marriott International, Inc. (NASDAQ:MAR) by 26.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 553 shares of the company’s stock after selling 197 shares during the period. AdvisorNet Financial Inc’s holdings in Marriott International were worth $151,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in MAR. Brighton Jones LLC lifted its stake in shares of Marriott International by 2.5% during the fourth quarter. Brighton Jones LLC now owns 8,887 shares of the company’s stock worth $2,479,000 after buying an additional 218 shares during the period. Integrated Advisors Network LLC acquired a new stake in shares of Marriott International during the fourth quarter worth $225,000. NorthCrest Asset Manangement LLC acquired a new stake in shares of Marriott International during the fourth quarter worth $293,000. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Marriott International by 2.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 41,446 shares of the company’s stock worth $11,561,000 after buying an additional 1,041 shares during the period. Finally, 111 Capital acquired a new stake in shares of Marriott International during the fourth quarter worth $954,000. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently issued reports on MAR. JPMorgan Chase & Co. began coverage on shares of Marriott International in a research report on Monday, June 23rd. They set a “neutral” rating and a $284.00 target price for the company. Robert W. Baird boosted their target price on shares of Marriott International from $285.00 to $287.00 and gave the company a “neutral” rating in a research report on Wednesday, August 20th. BMO Capital Markets decreased their target price on shares of Marriott International from $285.00 to $280.00 and set a “market perform” rating for the company in a research report on Wednesday, August 6th. Finally, Truist Financial boosted their target price on shares of Marriott International from $273.00 to $278.00 and gave the company a “hold” rating in a research report on Wednesday, September 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat.com, Marriott International currently has a consensus rating of “Moderate Buy” and an average price target of $281.26.

Marriott International Stock Performance

MAR opened at $260.90 on Friday. 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 $266.42 and a two-hundred day moving average of $257.35. The stock has a market capitalization of $70.82 billion, a price-to-earnings ratio of 29.41, a PEG ratio of 2.58 and a beta of 1.38.

Marriott International (NASDAQ:MAR) last released its quarterly earnings data on Tuesday, August 5th. The company reported $2.65 earnings per share for the quarter, meeting 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 company had revenue of $6.74 billion during the quarter, compared to analysts’ expectations of $6.66 billion. During the same quarter in the previous year, the company earned $2.50 earnings per share. The firm’s revenue for the quarter 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 Announces Dividend

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

Marriott International announced that its board has approved a share repurchase program on Thursday, August 7th that authorizes the company to buyback 25,000,000 shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its shares are undervalued.

Marriott International Company Profile

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.