Marriott International (NASDAQ:MAR) CAO Sells $494,769.66 in Stock

Marriott International, Inc. (NASDAQ:MAR) CAO Felitia Lee sold 1,617 shares of the business’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $305.98, for a total value of $494,769.66. Following the completion of the sale, the chief accounting officer owned 4,893 shares in the company, valued at $1,497,160.14. This represents a 24.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Felitia Lee also recently made the following trade(s):

• On Tuesday, November 25th, Felitia Lee sold 873 shares of Marriott International stock. The shares were sold at an average price of $301.58, for a total value of $263,279.34.

Marriott International Stock Down 0.8%

NASDAQ:MAR traded down $2.52 on Tuesday, reaching $305.97. 1,992,143 shares of the company’s stock were exchanged, compared to its average volume of 1,635,131. The firm has a market capitalization of $82.11 billion, a price-to-earnings ratio of 32.31, a price-to-earnings-growth ratio of 2.89 and a beta of 1.16. Marriott International, Inc. has a 52-week low of $205.40 and a 52-week high of $310.23. The business has a fifty day moving average of $281.81 and a 200-day moving average of $272.46.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $2.47 earnings per share for the quarter, beating analysts’ consensus estimates of $2.38 by $0.09. The firm had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $6.46 billion. Marriott International had a net margin of 10.07% and a negative return on equity of 89.29%. Marriott International has set its Q4 2025 guidance at 2.540-2.620 EPS and its FY 2025 guidance at 9.980-10.060 EPS. As a group, equities analysts anticipate that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Announces Dividend

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

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. BMO Capital Markets lifted their target price on Marriott International from $280.00 to $285.00 and gave the company a “market perform” rating in a report on Wednesday, November 5th. Barclays lifted their price objective on Marriott International from $262.00 to $274.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 5th. Truist Financial upped their target price on shares of Marriott International from $278.00 to $283.00 and gave the stock a “hold” rating in a research note on Thursday, December 4th. Wells Fargo & Company assumed coverage on shares of Marriott International in a research note on Tuesday, November 18th. They issued an “overweight” rating and a $329.00 price target for the company. Finally, Morgan Stanley dropped their price objective on shares of Marriott International from $302.00 to $296.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 22nd. Three analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $296.87.

Hedge Funds Weigh In On Marriott International

Several hedge funds have recently added to or reduced their stakes in MAR. Norges Bank purchased a new stake in shares of Marriott International during the 2nd quarter worth approximately $638,968,000. Wellington Management Group LLP lifted its position in Marriott International by 21.7% in the third quarter. Wellington Management Group LLP now owns 9,175,377 shares of the company’s stock valued at $2,389,635,000 after acquiring an additional 1,637,119 shares during the last quarter. Alliancebernstein L.P. boosted its stake in Marriott International by 194.7% in the first quarter. Alliancebernstein L.P. now owns 1,709,665 shares of the company’s stock valued at $407,242,000 after acquiring an additional 1,129,555 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Marriott International during the second quarter worth about $266,084,000. Finally, Boston Partners purchased a new stake in shares of Marriott International in the 2nd quarter valued at about $196,579,000. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

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.