Strs Ohio Sells 1,888 Shares of Marriott International, Inc. $MAR

Strs Ohio lowered its holdings in Marriott International, Inc. (NASDAQ:MAR) by 2.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 78,660 shares of the company’s stock after selling 1,888 shares during the quarter. Strs Ohio’s holdings in Marriott International were worth $20,486,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of MAR. AlphaQuest LLC increased its holdings in shares of Marriott International by 2,750.0% in the 2nd quarter. AlphaQuest LLC now owns 114 shares of the company’s stock valued at $31,000 after acquiring an additional 110 shares during the period. Addison Advisors LLC bought a new position in Marriott International in the second quarter worth about $34,000. Darwin Wealth Management LLC purchased a new stake in shares of Marriott International during the second quarter valued at about $37,000. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of Marriott International in the 2nd quarter worth approximately $38,000. Finally, Quaker Wealth Management LLC lifted its position in Marriott International by 203.4% during the second quarter. Quaker Wealth Management LLC now owns 150 shares of the company’s stock valued at $41,000 after acquiring an additional 295 shares during the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Marriott International Stock Down 0.6%

Marriott International stock opened at $319.70 on Friday. Marriott International, Inc. has a 52 week low of $205.40 and a 52 week high of $331.09. The stock has a 50-day moving average price of $308.03 and a 200 day moving average price of $282.59. The company has a market capitalization of $85.79 billion, a price-to-earnings ratio of 33.76, a price-to-earnings-growth ratio of 2.49 and a beta of 1.16.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.38 by $0.09. The company had revenue of $1.73 billion during the quarter, compared to analyst estimates 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. Research analysts anticipate that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International Dividend Announcement

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

Insiders Place Their Bets

In other news, EVP Peggy Roe sold 2,000 shares of the company’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $292.12, for a total value of $584,240.00. Following the sale, the executive vice president owned 17,466 shares in the company, valued at $5,102,167.92. This represents a 10.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Rena Hozore Reiss sold 5,483 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $287.11, for a total value of $1,574,224.13. Following the completion of the sale, the executive vice president owned 39,360 shares in the company, valued at approximately $11,300,649.60. This represents a 12.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 88,289 shares of company stock worth $25,669,425. 10.68% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several analysts have recently commented on MAR shares. Robert W. Baird decreased their price objective on Marriott International from $287.00 to $285.00 and set a “neutral” rating for the company in a report on Tuesday, October 21st. Barclays increased their price target on Marriott International from $276.00 to $320.00 and gave the company an “equal weight” rating in a research note on Friday, January 16th. BMO Capital Markets upgraded Marriott International from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $285.00 to $370.00 in a research note on Friday, January 9th. Truist Financial increased their price objective on shares of Marriott International from $278.00 to $283.00 and gave the company a “hold” rating in a research report on Thursday, December 4th. Finally, Evercore ISI boosted their target price on shares of Marriott International from $320.00 to $350.00 and gave the stock an “outperform” rating in a research report on Thursday. Three equities research 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 company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $313.75.

Marriott International 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.