Callan Family Office LLC Has $3.44 Million Holdings in Marriott International, Inc. $MAR

Callan Family Office LLC lifted its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 419.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,593 shares of the company’s stock after buying an additional 10,168 shares during the period. Callan Family Office LLC’s holdings in Marriott International were worth $3,441,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. Pallas Capital Advisors LLC boosted its stake in shares of Marriott International by 0.4% during the 2nd quarter. Pallas Capital Advisors LLC now owns 8,649 shares of the company’s stock worth $2,363,000 after buying an additional 37 shares during the last quarter. CreativeOne Wealth LLC boosted its stake in shares of Marriott International by 2.1% during the 1st quarter. CreativeOne Wealth LLC now owns 1,831 shares of the company’s stock worth $436,000 after buying an additional 38 shares during the last quarter. Motley Fool Asset Management LLC boosted its stake in shares of Marriott International by 0.3% during the 1st quarter. Motley Fool Asset Management LLC now owns 12,824 shares of the company’s stock worth $3,055,000 after buying an additional 39 shares during the last quarter. Valmark Advisers Inc. boosted its stake in shares of Marriott International by 1.6% during the 2nd quarter. Valmark Advisers Inc. now owns 2,462 shares of the company’s stock worth $673,000 after buying an additional 39 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Marriott International by 1.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,387 shares of the company’s stock valued at $569,000 after purchasing an additional 40 shares during the period. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MAR has been the topic of a number of research analyst reports. Truist Financial upped their target price on shares of Marriott International from $273.00 to $278.00 and gave the company a “hold” rating in a report on Wednesday, September 3rd. JPMorgan Chase & Co. initiated coverage on shares of Marriott International in a report on Monday, June 23rd. They issued a “neutral” rating and a $284.00 target price on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Marriott International in a report on Wednesday. Barclays dropped their target price on shares of Marriott International from $276.00 to $262.00 and set an “equal weight” rating on the stock in a report on Friday, October 3rd. Finally, BMO Capital Markets dropped their target price on shares of Marriott International from $285.00 to $280.00 and set a “market perform” rating on the stock in a report on Wednesday, August 6th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $282.63.

Marriott International Stock Down 2.2%

Shares of MAR stock opened at $260.20 on Friday. The firm has a 50 day moving average price of $265.21 and a two-hundred day moving average price of $259.02. The company has a market capitalization of $70.63 billion, a PE ratio of 29.33, a price-to-earnings-growth ratio of 2.62 and a beta of 1.35. Marriott International, Inc. has a 12-month low of $205.40 and a 12-month high of $307.52.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $2.65 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.65. The firm had revenue of $6.74 billion during the quarter, compared to the consensus estimate of $6.66 billion. Marriott International had a net margin of 9.60% and a negative return on equity of 93.44%. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period last year, the business posted $2.50 earnings per share. 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 expect that Marriott International, Inc. will post 10.1 EPS for the current year.

Marriott International declared that its Board of Directors has approved a stock buyback 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 typically a sign that the company’s management believes its shares are undervalued.

Marriott International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, August 21st were issued a dividend of $0.67 per share. The ex-dividend date of this dividend was Thursday, August 21st. This represents a $2.68 annualized dividend and a dividend yield of 1.0%. Marriott International’s dividend payout ratio (DPR) is currently 30.21%.

About Marriott International

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.