Marriott International, Inc. $MAR Stock Holdings Lessened by Tritonpoint Wealth LLC

Tritonpoint Wealth LLC cut its holdings in Marriott International, Inc. (NASDAQ:MAR) by 6.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,746 shares of the company’s stock after selling 1,104 shares during the quarter. Tritonpoint Wealth LLC’s holdings in Marriott International were worth $4,575,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Pallas Capital Advisors LLC raised its position in shares of Marriott International by 0.4% in the 2nd quarter. Pallas Capital Advisors LLC now owns 8,649 shares of the company’s stock valued at $2,363,000 after acquiring an additional 37 shares during the period. CreativeOne Wealth LLC grew its stake in shares of Marriott International by 2.1% during the 1st quarter. CreativeOne Wealth LLC now owns 1,831 shares of the company’s stock worth $436,000 after acquiring an additional 38 shares in the last quarter. Motley Fool Asset Management LLC grew its stake in shares of Marriott International by 0.3% during the 1st quarter. Motley Fool Asset Management LLC now owns 12,824 shares of the company’s stock worth $3,055,000 after acquiring an additional 39 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Marriott International by 1.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,387 shares of the company’s stock worth $569,000 after acquiring an additional 40 shares in the last quarter. Finally, 4J Wealth Management LLC grew its stake in shares of Marriott International by 3.6% in the first quarter. 4J Wealth Management LLC now owns 1,224 shares of the company’s stock valued at $292,000 after buying an additional 43 shares in the last quarter. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Marriott International Price Performance

Shares of MAR stock opened at $264.21 on Friday. The business’s 50 day simple moving average is $266.25 and its 200 day simple moving average is $257.57. Marriott International, Inc. has a one year low of $205.40 and a one year high of $307.52. The stock has a market capitalization of $71.72 billion, a PE ratio of 29.79, a PEG ratio of 2.61 and a beta of 1.38.

Marriott International (NASDAQ:MAR) last announced its earnings results on Tuesday, August 5th. The company reported $2.65 EPS for the quarter, meeting the consensus estimate of $2.65. Marriott International had a negative return on equity of 93.44% and a net margin of 9.60%.The business had revenue of $6.74 billion for the quarter, compared to analysts’ expectations of $6.66 billion. During the same period in the prior year, the business posted $2.50 earnings per share. The firm’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. As a group, research analysts expect that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International declared that its Board of Directors has authorized a share repurchase program on Thursday, August 7th that permits the company to buyback 25,000,000 outstanding shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

Marriott International Dividend Announcement

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

Analyst Ratings Changes

MAR has been the subject of a number of research analyst reports. BMO Capital Markets reduced their price objective 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. JPMorgan Chase & Co. initiated coverage on Marriott International in a research note on Monday, June 23rd. They issued a “neutral” rating and a $284.00 price target for the company. Truist Financial boosted their target price on Marriott International from $273.00 to $278.00 and gave the stock a “hold” rating in a research note on Wednesday, September 3rd. Finally, Robert W. Baird boosted their price target on Marriott International from $285.00 to $287.00 and gave the stock a “neutral” rating in a report on Wednesday, August 20th. Two 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 stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $281.26.

Marriott International 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.