PKO Investment Management Joint Stock Co Has $3.36 Million Holdings in Marriott International, Inc. $MAR

PKO Investment Management Joint Stock Co cut its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 7.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,300 shares of the company’s stock after selling 1,000 shares during the period. PKO Investment Management Joint Stock Co’s holdings in Marriott International were worth $3,360,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Alliancebernstein L.P. increased its stake in Marriott International by 194.7% during the 1st quarter. Alliancebernstein L.P. now owns 1,709,665 shares of the company’s stock worth $407,242,000 after purchasing an additional 1,129,555 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in Marriott International during the 2nd quarter worth approximately $266,084,000. Wellington Management Group LLP increased its stake in Marriott International by 16.4% during the 1st quarter. Wellington Management Group LLP now owns 5,427,410 shares of the company’s stock worth $1,292,809,000 after purchasing an additional 766,309 shares in the last quarter. Nuveen LLC bought a new stake in Marriott International during the 1st quarter worth approximately $166,059,000. Finally, Invesco Ltd. grew its stake in shares of Marriott International by 18.9% during the 1st quarter. Invesco Ltd. now owns 4,123,836 shares of the company’s stock worth $982,298,000 after acquiring an additional 654,766 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 Marriott International stock opened at $271.32 on Friday. Marriott International, Inc. has a 1 year low of $205.40 and a 1 year high of $307.52. The company has a market capitalization of $73.65 billion, a price-to-earnings ratio of 30.59, a P/E/G ratio of 2.79 and a beta of 1.35. The business has a fifty day simple moving average of $265.86 and a two-hundred day simple moving average of $261.42.

Marriott International (NASDAQ:MAR) last posted its earnings results on Tuesday, August 5th. The company reported $2.65 earnings per share for the quarter, hitting analysts’ consensus estimates of $2.65. Marriott International had a negative return on equity of 93.44% and a net margin of 9.60%.The company had revenue of $6.74 billion during the quarter, compared to the consensus estimate of $6.66 billion. During the same quarter last year, the firm earned $2.50 earnings per share. The company’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, equities analysts anticipate that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International declared that its board has initiated a share buyback plan on Thursday, August 7th that allows the company to repurchase 25,000,000 outstanding shares. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.

Marriott International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, August 21st were given a $0.67 dividend. The ex-dividend date 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 (DPR) is presently 30.21%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Marriott International in a research note on Wednesday, October 8th. BMO Capital Markets decreased 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 research note on Wednesday, August 6th. Robert W. Baird decreased their price target on shares of Marriott International from $287.00 to $285.00 and set a “neutral” rating for the company in a research note on Tuesday. Truist Financial raised 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, Barclays decreased their target price on shares of Marriott International from $276.00 to $262.00 and set an “equal weight” rating for the company in a research note on Friday, October 3rd. Two 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 stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $283.17.

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.