Clarius Group LLC Cuts Position in Marriott International, Inc. $MAR

Clarius Group LLC lowered its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 8.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,405 shares of the company’s stock after selling 132 shares during the quarter. Clarius Group LLC’s holdings in Marriott International were worth $384,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC raised its position in Marriott International by 2.5% during the fourth quarter. Brighton Jones LLC now owns 8,887 shares of the company’s stock worth $2,479,000 after acquiring an additional 218 shares during the period. OLD National Bancorp IN boosted its holdings in Marriott International by 12.8% in the 1st quarter. OLD National Bancorp IN now owns 1,259 shares of the company’s stock worth $300,000 after buying an additional 143 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Marriott International by 123.4% during the first quarter. Farther Finance Advisors LLC now owns 6,933 shares of the company’s stock valued at $1,652,000 after acquiring an additional 3,829 shares during the last quarter. Harbor Capital Advisors Inc. lifted its position in shares of Marriott International by 2.7% in the first quarter. Harbor Capital Advisors Inc. now owns 9,161 shares of the company’s stock valued at $2,182,000 after acquiring an additional 243 shares in the last quarter. Finally, Accurate Wealth Management LLC boosted its stake in Marriott International by 2.3% during the 1st quarter. Accurate Wealth Management LLC now owns 3,697 shares of the company’s stock worth $832,000 after purchasing an additional 82 shares during the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. began coverage on shares of Marriott International in a research note on Monday, June 23rd. They issued a “neutral” rating and a $284.00 price target on the stock. Truist Financial upped their price target on Marriott International from $273.00 to $278.00 and gave the company a “hold” rating in a research report on Wednesday, September 3rd. Robert W. Baird lifted their price objective on Marriott International from $285.00 to $287.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 20th. BMO Capital Markets cut their target price on 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. Finally, Barclays lowered their price target on shares of Marriott International from $276.00 to $262.00 and set an “equal weight” rating on the stock in a research report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $282.63.

Marriott International Stock Performance

Shares of MAR stock opened at $271.94 on Tuesday. The firm has a market cap of $73.82 billion, a P/E ratio of 30.66, a P/E/G ratio of 2.64 and a beta of 1.35. The firm’s 50 day moving average price is $265.23 and its 200-day moving average price is $258.64. Marriott International, Inc. has a one year low of $205.40 and a one year high of $307.52.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Tuesday, August 5th. The company reported $2.65 EPS 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 for the quarter, compared to analysts’ expectations of $6.66 billion. During the same period in the prior year, the firm earned $2.50 earnings per share. The firm’s revenue was up 4.7% compared to the same quarter last year. 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, research analysts predict that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International announced that its Board of Directors has authorized a stock repurchase program on Thursday, August 7th that allows the company to buyback 25,000,000 outstanding shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its shares are undervalued.

Marriott International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, August 21st were paid a dividend of $0.67 per share. The ex-dividend date was Thursday, August 21st. This represents a $2.68 dividend on an annualized basis and a yield of 1.0%. Marriott International’s dividend payout ratio is 30.21%.

Marriott International 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.