Valeo Financial Advisors LLC Raises Holdings in Marriott International, Inc. $MAR

Valeo Financial Advisors LLC increased its stake in Marriott International, Inc. (NASDAQ:MARFree Report) by 11.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,637 shares of the company’s stock after acquiring an additional 484 shares during the period. Valeo Financial Advisors LLC’s holdings in Marriott International were worth $1,267,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Nissay Asset Management Corp Japan ADV grew its position in Marriott International by 9.5% in the first quarter. Nissay Asset Management Corp Japan ADV now owns 62,995 shares of the company’s stock worth $15,005,000 after acquiring an additional 5,482 shares in the last quarter. Permanens Capital L.P. grew its position in Marriott International by 15.6% in the first quarter. Permanens Capital L.P. now owns 15,396 shares of the company’s stock worth $3,667,000 after acquiring an additional 2,076 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Marriott International by 3.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 219,939 shares of the company’s stock worth $52,389,000 after acquiring an additional 8,149 shares in the last quarter. Swedbank AB boosted its position in shares of Marriott International by 1.3% during the first quarter. Swedbank AB now owns 68,429 shares of the company’s stock valued at $16,300,000 after buying an additional 881 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its position in shares of Marriott International by 11.9% during the first quarter. Sequoia Financial Advisors LLC now owns 13,441 shares of the company’s stock valued at $3,202,000 after buying an additional 1,432 shares during the period. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on MAR shares. JPMorgan Chase & Co. started coverage on Marriott International in a research report on Monday, June 23rd. They set a “neutral” rating and a $284.00 target price for the company. Truist Financial boosted their target price on Marriott International from $273.00 to $278.00 and gave the company a “hold” rating in a research report on Wednesday, September 3rd. Barclays dropped their target price on Marriott International from $276.00 to $262.00 and set an “equal weight” rating for the company in a research report on Friday, October 3rd. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a research report on Saturday, September 27th. Finally, Robert W. Baird boosted their target price on Marriott International from $285.00 to $287.00 and gave the company a “neutral” rating in a research report on Wednesday, August 20th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $282.63.

Read Our Latest Analysis on MAR

Marriott International Stock Performance

Shares of NASDAQ MAR opened at $267.45 on Wednesday. The firm has a market capitalization of $72.60 billion, a price-to-earnings ratio of 30.15, a PEG ratio of 2.68 and a beta of 1.35. Marriott International, Inc. has a 52-week low of $205.40 and a 52-week high of $307.52. The stock has a 50 day moving average price of $265.11 and a 200 day moving average price of $258.71.

Marriott International (NASDAQ:MARGet Free Report) 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. The company had revenue of $6.74 billion during the quarter, compared to the consensus estimate of $6.66 billion. Marriott International had a net margin of 9.60% and a negative return on equity of 93.44%. Marriott International’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. Analysts forecast that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, August 21st were paid a $0.67 dividend. The ex-dividend date of this dividend was 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 30.21%.

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

Marriott International Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Marriott International (NASDAQ:MAR)

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