J.W. Cole Advisors Inc. Grows Stock Holdings in Marriott International, Inc. $MAR

J.W. Cole Advisors Inc. raised its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 32.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,662 shares of the company’s stock after acquiring an additional 2,111 shares during the period. J.W. Cole Advisors Inc.’s holdings in Marriott International were worth $2,367,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. AlphaQuest LLC increased its holdings in shares of Marriott International by 2,750.0% in the second quarter. AlphaQuest LLC now owns 114 shares of the company’s stock valued at $31,000 after purchasing an additional 110 shares during the period. Addison Advisors LLC purchased a new position in Marriott International in the 2nd quarter valued at $34,000. Harel Insurance Investments & Financial Services Ltd. purchased a new position in Marriott International during the 2nd quarter worth $38,000. Quaker Wealth Management LLC lifted its stake in shares of Marriott International by 203.4% in the 2nd quarter. Quaker Wealth Management LLC now owns 150 shares of the company’s stock worth $41,000 after acquiring an additional 295 shares during the period. Finally, Westside Investment Management Inc. boosted its holdings in shares of Marriott International by 198.0% in the second quarter. Westside Investment Management Inc. now owns 149 shares of the company’s stock valued at $41,000 after acquiring an additional 99 shares in the last quarter. 70.70% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Marriott International

In related news, EVP Benjamin T. Breland sold 1,650 shares of Marriott International stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $286.10, for a total transaction of $472,065.00. Following the completion of the transaction, the executive vice president directly owned 18,225 shares in the company, valued at $5,214,172.50. The trade was a 8.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider William P. Brown sold 6,666 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $280.04, for a total value of $1,866,746.64. Following the completion of the sale, the insider directly owned 11,000 shares in the company, valued at approximately $3,080,440. The trade was a 37.73% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 86,672 shares of company stock worth $25,174,655. 10.68% of the stock is currently owned by insiders.

Analyst Ratings Changes

MAR has been the subject of a number of recent analyst reports. Morgan Stanley reduced their price objective on shares of Marriott International from $302.00 to $296.00 and set an “overweight” rating for the company in a research report on Wednesday, October 22nd. Weiss Ratings reissued a “buy (b-)” rating on shares of Marriott International in a report on Wednesday, October 8th. Robert W. Baird decreased their price target on Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 21st. BMO Capital Markets increased their price objective on Marriott International from $280.00 to $285.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 5th. Finally, Truist Financial boosted their target price on shares of Marriott International from $273.00 to $278.00 and gave the stock a “hold” rating in a research report on Wednesday, September 3rd. Three research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $289.87.

Marriott International Stock Performance

MAR opened at $304.65 on Friday. The company has a market cap of $81.75 billion, a price-to-earnings ratio of 32.17, a PEG ratio of 2.94 and a beta of 1.36. Marriott International, Inc. has a one year low of $205.40 and a one year high of $307.52. The business’s fifty day moving average is $273.93 and its two-hundred day moving average is $269.82.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.38 by $0.09. The business had revenue of $1.73 billion during the quarter, compared to the consensus estimate of $6.46 billion. Marriott International had a negative return on equity of 89.29% and a net margin of 10.07%. Marriott International has set its Q4 2025 guidance at 2.540-2.620 EPS. FY 2025 guidance at 9.980-10.060 EPS. On average, analysts predict that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International declared that its Board of Directors has authorized a stock repurchase plan on Thursday, August 7th that permits the company to repurchase 25,000,000 shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its stock is undervalued.

Marriott International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Thursday, November 20th will be given a $0.67 dividend. The ex-dividend date is Thursday, November 20th. This represents a $2.68 annualized dividend and a dividend yield of 0.9%. Marriott International’s dividend payout ratio is currently 28.30%.

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.