Empirical Financial Services LLC d.b.a. Empirical Wealth Management Has $874,000 Stock Position in Marriott International, Inc. $MAR

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lowered its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 37.4% in the second quarter, HoldingsChannel reports. The fund owned 3,197 shares of the company’s stock after selling 1,914 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Marriott International were worth $874,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in MAR. 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 position in Marriott International by 2.1% during the first quarter. CreativeOne Wealth LLC now owns 1,831 shares of the company’s stock valued at $436,000 after purchasing an additional 38 shares during the last quarter. Motley Fool Asset Management LLC boosted its position in Marriott International by 0.3% during the first quarter. Motley Fool Asset Management LLC now owns 12,824 shares of the company’s stock valued at $3,055,000 after purchasing an additional 39 shares during the last quarter. Geneos Wealth Management Inc. boosted 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 buying an additional 40 shares during the last quarter. Finally, 4J Wealth Management LLC boosted its holdings in shares of Marriott International by 3.6% in the 1st quarter. 4J Wealth Management LLC now owns 1,224 shares of the company’s stock valued at $292,000 after buying an additional 43 shares during the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

Marriott International Trading Up 0.4%

Shares of NASDAQ MAR opened at $267.57 on Friday. The firm has a market cap of $72.63 billion, a P/E ratio of 30.17, a price-to-earnings-growth ratio of 2.64 and a beta of 1.35. The business’s 50 day moving average is $265.31 and its 200-day moving average is $258.31. Marriott International, Inc. has a 1-year low of $205.40 and a 1-year high of $307.52.

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

Marriott International declared that its board has approved a share buyback program on Thursday, August 7th that authorizes the company to buyback 25,000,000 outstanding shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors 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%.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Barclays dropped 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. Truist Financial upped their price objective on Marriott International from $273.00 to $278.00 and gave the company a “hold” rating in a research note on Wednesday, September 3rd. Robert W. Baird increased their price target on Marriott International from $285.00 to $287.00 and gave the company a “neutral” rating in a research note on Wednesday, August 20th. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a research note on Saturday, September 27th. Finally, BMO Capital Markets dropped their price objective on shares of Marriott International from $285.00 to $280.00 and set a “market perform” rating on the stock in a research report on Wednesday, August 6th. Two investment 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. Based on data from MarketBeat.com, Marriott International has a consensus rating of “Moderate Buy” and a consensus target price of $282.63.

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.