XML Financial LLC raised its holdings in shares of Marriott International, Inc. (NASDAQ:MAR – Free Report) by 1.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,451 shares of the company’s stock after acquiring an additional 65 shares during the period. XML Financial LLC’s holdings in Marriott International were worth $1,216,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of the business. Capital Investment Advisors LLC lifted its stake in Marriott International by 1.7% during the 2nd quarter. Capital Investment Advisors LLC now owns 6,409 shares of the company’s stock valued at $1,751,000 after acquiring an additional 106 shares during the period. GC Wealth Management RIA LLC acquired a new stake in Marriott International during the 2nd quarter valued at approximately $648,000. V Square Quantitative Management LLC lifted its stake in Marriott International by 331.3% during the 2nd quarter. V Square Quantitative Management LLC now owns 10,184 shares of the company’s stock valued at $2,782,000 after acquiring an additional 7,823 shares during the period. Sound Income Strategies LLC lifted its stake in Marriott International by 80.3% during the 2nd quarter. Sound Income Strategies LLC now owns 283 shares of the company’s stock valued at $77,000 after acquiring an additional 126 shares during the period. Finally, Norris Perne & French LLP MI acquired a new stake in Marriott International during the 2nd quarter valued at approximately $231,000. 70.70% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several analysts have commented on MAR shares. Robert W. Baird lifted their price objective on shares of Marriott International from $285.00 to $287.00 and gave the company a “neutral” rating in a research note 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 note on Wednesday, August 6th. 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 note on Wednesday, September 3rd. Finally, JPMorgan Chase & Co. started coverage on shares of Marriott International in a research note on Monday, June 23rd. They issued a “neutral” rating and a $284.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $281.26.
Marriott International Stock Performance
NASDAQ:MAR opened at $260.44 on Wednesday. The company has a fifty day moving average of $265.91 and a two-hundred day moving average of $257.90. The stock has a market capitalization of $70.70 billion, a PE ratio of 29.36, a P/E/G ratio of 2.63 and a beta of 1.38. Marriott International, Inc. has a fifty-two week low of $205.40 and a fifty-two week high of $307.52.
Marriott International (NASDAQ:MAR – Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $2.65 earnings per share for the quarter, hitting analysts’ consensus estimates of $2.65. The company had revenue of $6.74 billion during the quarter, compared to analysts’ expectations of $6.66 billion. Marriott International had a net margin of 9.60% and a negative return on equity of 93.44%. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the prior year, the business posted $2.50 earnings per share. Marriott International has set its FY 2025 guidance at 9.850-10.080 EPS. Q3 2025 guidance at 2.310-2.390 EPS. Research analysts forecast that Marriott International, Inc. will post 10.1 earnings per share for the current year.
Marriott International announced that its board has initiated a share buyback program on Thursday, August 7th that allows the company to buyback 25,000,000 shares. This buyback authorization allows 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 Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, August 21st were issued a dividend of $0.67 per share. The ex-dividend date of this dividend was Thursday, August 21st. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.0%. Marriott International’s dividend payout ratio is presently 30.21%.
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.
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