Cooper Financial Group Sells 3,598 Shares of Marriott International, Inc. $MAR

Cooper Financial Group reduced its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 66.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,840 shares of the company’s stock after selling 3,598 shares during the period. Cooper Financial Group’s holdings in Marriott International were worth $503,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Nissay Asset Management Corp Japan ADV raised its position in Marriott International by 9.5% during the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 62,995 shares of the company’s stock worth $15,005,000 after purchasing an additional 5,482 shares during the last quarter. Permanens Capital L.P. raised its position in Marriott International by 15.6% during the 1st quarter. Permanens Capital L.P. now owns 15,396 shares of the company’s stock worth $3,667,000 after purchasing an additional 2,076 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Marriott International by 3.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 219,939 shares of the company’s stock worth $52,389,000 after acquiring an additional 8,149 shares during the period. Swedbank AB grew its holdings in Marriott International by 1.3% during the 1st quarter. Swedbank AB now owns 68,429 shares of the company’s stock worth $16,300,000 after acquiring an additional 881 shares during the period. Finally, Sequoia Financial Advisors LLC grew its holdings in Marriott International by 11.9% during the 1st quarter. Sequoia Financial Advisors LLC now owns 13,441 shares of the company’s stock worth $3,202,000 after acquiring an additional 1,432 shares during the period. 70.70% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on MAR shares. Robert W. Baird increased their price target on Marriott International from $285.00 to $287.00 and gave the stock a “neutral” rating in a report on Wednesday, August 20th. JPMorgan Chase & Co. started coverage on Marriott International in a report on Monday, June 23rd. They set a “neutral” rating and a $284.00 price target for the company. BMO Capital Markets decreased their price target on Marriott International from $285.00 to $280.00 and set a “market perform” rating for the company in a report on Wednesday, August 6th. Finally, Truist Financial raised their target price on Marriott International from $273.00 to $278.00 and gave the company a “hold” rating in a research note on Wednesday, September 3rd. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $281.26.

Marriott International Price Performance

Shares of MAR opened at $261.66 on Thursday. The company has a market cap of $71.03 billion, a PE ratio of 29.50, a P/E/G ratio of 2.57 and a beta of 1.35. Marriott International, Inc. has a one year low of $205.40 and a one year high of $307.52. The stock has a 50-day moving average of $265.67 and a 200-day moving average of $257.92.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Tuesday, August 5th. The company reported $2.65 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $2.65. The business had revenue of $6.74 billion during the quarter, compared to the consensus estimate of $6.66 billion. Marriott International had a negative return on equity of 93.44% and a net margin of 9.60%.The company’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.50 EPS. Marriott International has set its FY 2025 guidance at 9.850-10.080 EPS. Q3 2025 guidance at 2.310-2.390 EPS. Analysts expect that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International declared that its Board of Directors has authorized a share repurchase program on Thursday, August 7th that allows the company to repurchase 25,000,000 outstanding shares. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.

Marriott International Announces Dividend

The business 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 payout ratio is 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.