Fishman Jay A Ltd. MI Sells 162 Shares of Marriott International, Inc. $MAR

Fishman Jay A Ltd. MI cut its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 10.0% during the second quarter, HoldingsChannel.com reports. The firm owned 1,459 shares of the company’s stock after selling 162 shares during the quarter. Fishman Jay A Ltd. MI’s holdings in Marriott International were worth $399,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Alliancebernstein L.P. grew its holdings in Marriott International by 194.7% during the 1st quarter. Alliancebernstein L.P. now owns 1,709,665 shares of the company’s stock worth $407,242,000 after acquiring an additional 1,129,555 shares during the period. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Marriott International during the second quarter worth $266,084,000. Wellington Management Group LLP increased its holdings in Marriott International by 16.4% in the first quarter. Wellington Management Group LLP now owns 5,427,410 shares of the company’s stock valued at $1,292,809,000 after purchasing an additional 766,309 shares during the last quarter. Nuveen LLC bought a new position in Marriott International during the first quarter worth about $166,059,000. Finally, Invesco Ltd. grew its position in shares of Marriott International by 18.9% during the 1st quarter. Invesco Ltd. now owns 4,123,836 shares of the company’s stock worth $982,298,000 after buying an additional 654,766 shares during the period. Institutional investors and hedge funds own 70.70% of the company’s stock.

Marriott International Price Performance

MAR opened at $267.57 on Monday. The company has a market capitalization of $72.63 billion, a price-to-earnings ratio of 30.17, a P/E/G ratio of 2.64 and a beta of 1.35. The business’s 50-day moving average price is $265.31 and its two-hundred day moving average price is $258.40. 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 (EPS) for the quarter, hitting 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%.Marriott International’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period last year, the company earned $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. Sell-side analysts anticipate that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International announced that its Board of Directors has initiated a stock repurchase plan on Thursday, August 7th that allows the company to repurchase 25,000,000 outstanding shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its shares are undervalued.

Marriott International Dividend Announcement

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

Wall Street Analyst Weigh In

Several research firms recently weighed in on MAR. Robert W. Baird lifted their price objective on shares of Marriott International from $285.00 to $287.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 20th. Truist Financial lifted their price target on shares of Marriott International from $273.00 to $278.00 and gave the stock a “hold” rating in a research report on Wednesday, September 3rd. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a research report on Saturday, September 27th. JPMorgan Chase & Co. started coverage on Marriott International in a report on Monday, June 23rd. They set a “neutral” rating and a $284.00 target price on the stock. Finally, Barclays lowered their price target on Marriott International from $276.00 to $262.00 and set an “equal weight” rating for the company in a report on Friday. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently 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.