Quilter Plc Has $60.94 Million Holdings in Marriott International, Inc. $MAR

Quilter Plc grew its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 5.9% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 233,975 shares of the company’s stock after acquiring an additional 13,121 shares during the period. Quilter Plc’s holdings in Marriott International were worth $60,936,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MAR. Lazari Capital Management Inc. increased its stake in shares of Marriott International by 1.6% during the 3rd quarter. Lazari Capital Management Inc. now owns 2,356 shares of the company’s stock worth $614,000 after purchasing an additional 37 shares during the last quarter. L2 Asset Management LLC increased its position in Marriott International by 4.0% during the second quarter. L2 Asset Management LLC now owns 996 shares of the company’s stock worth $272,000 after buying an additional 38 shares during the last quarter. Valmark Advisers Inc. raised its holdings in Marriott International by 1.6% during the second quarter. Valmark Advisers Inc. now owns 2,462 shares of the company’s stock valued at $673,000 after buying an additional 39 shares in the last quarter. AE Wealth Management LLC lifted its position in shares of Marriott International by 2.5% in the second quarter. AE Wealth Management LLC now owns 1,622 shares of the company’s stock worth $443,000 after buying an additional 40 shares during the last quarter. Finally, HBK Sorce Advisory LLC increased its holdings in shares of Marriott International by 1.2% during the 3rd quarter. HBK Sorce Advisory LLC now owns 3,512 shares of the company’s stock valued at $935,000 after acquiring an additional 40 shares during the last quarter. Institutional investors own 70.70% of the company’s stock.

Insider Transactions at Marriott International

In other Marriott International news, EVP Benjamin T. Breland sold 1,650 shares of the firm’s stock in a transaction dated Friday, November 7th. The shares were 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 owned 18,225 shares in the company, valued at $5,214,172.50. This trade represents a 8.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Deborah Marriott Harrison sold 70,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $291.63, for a total value of $20,414,100.00. Following the completion of the sale, the insider owned 175,210 shares in the company, valued at approximately $51,096,492.30. This represents a 28.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 88,289 shares of company stock valued at $25,669,425. Corporate insiders own 10.68% of the company’s stock.

Marriott International Stock Down 0.6%

MAR stock opened at $319.70 on Friday. The business’s 50-day simple moving average is $308.03 and its 200 day simple moving average is $282.59. The company has a market cap of $85.79 billion, a PE ratio of 33.76, a price-to-earnings-growth ratio of 2.49 and a beta of 1.16. Marriott International, Inc. has a twelve month low of $205.40 and a twelve month high of $331.09.

Marriott International (NASDAQ:MAR) last released its quarterly earnings data on Tuesday, November 4th. The company reported $2.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.38 by $0.09. The business had revenue of $1.73 billion for the quarter, compared to analysts’ expectations 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 and its FY 2025 guidance at 9.980-10.060 EPS. On average, equities research analysts anticipate that Marriott International, Inc. will post 10.1 EPS for the current year.

Marriott International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Thursday, November 20th were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Thursday, November 20th. Marriott International’s payout ratio is 28.30%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on MAR shares. Sanford C. Bernstein upped their target price on Marriott International from $329.00 to $369.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 6th. Robert W. Baird decreased their price objective on shares of Marriott International from $287.00 to $285.00 and set a “neutral” rating for the company in a report on Tuesday, October 21st. Citigroup lifted their target price on shares of Marriott International from $285.00 to $345.00 and gave the stock a “neutral” rating in a report on Thursday, January 15th. Evercore ISI raised their price target on Marriott International from $320.00 to $350.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, The Goldman Sachs Group raised Marriott International from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $288.00 to $345.00 in a research report on Monday, December 15th. Three investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, Marriott International has a consensus rating of “Moderate Buy” and a consensus target price of $313.75.

Marriott International Company Profile

Marriott International is a global lodging company that develops, manages and franchises a broad portfolio of hotels and related lodging facilities. Its core activities include hotel and resort management, franchise operations, property development and the provision of centralized services such as reservations, marketing and loyalty program management. The company’s brand architecture spans market segments from luxury and premium to select-service and extended-stay, enabling it to serve a wide range of business and leisure travelers as well as corporate and group customers.

The company traces its roots to the hospitality business founded by J.