GW Henssler & Associates Ltd. Decreases Stock Position in Marriott International, Inc. $MAR

GW Henssler & Associates Ltd. cut its stake in Marriott International, Inc. (NASDAQ:MAR) by 17.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 899 shares of the company’s stock after selling 189 shares during the period. GW Henssler & Associates Ltd.’s holdings in Marriott International were worth $246,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MAR. Brighton Jones LLC boosted its holdings in Marriott International by 2.5% in the fourth quarter. Brighton Jones LLC now owns 8,887 shares of the company’s stock valued at $2,479,000 after purchasing an additional 218 shares during the period. Simon Quick Advisors LLC boosted its holdings in Marriott International by 14.1% in the first quarter. Simon Quick Advisors LLC now owns 1,086 shares of the company’s stock valued at $259,000 after purchasing an additional 134 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in Marriott International by 1.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 41,877 shares of the company’s stock valued at $9,975,000 after purchasing an additional 431 shares during the period. Morey & Quinn Wealth Partners LLC purchased a new stake in Marriott International during the 1st quarter worth about $828,000. Finally, Sound Income Strategies LLC lifted its holdings in Marriott International by 46.7% during the 1st quarter. Sound Income Strategies LLC now owns 157 shares of the company’s stock worth $37,000 after buying an additional 50 shares during the last quarter. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

Marriott International Stock Performance

Marriott International stock opened at $260.20 on Monday. Marriott International, Inc. has a fifty-two week low of $205.40 and a fifty-two week high of $307.52. The company has a market capitalization of $70.63 billion, a P/E ratio of 29.33, a PEG ratio of 2.57 and a beta of 1.35. The stock has a 50-day simple moving average of $265.21 and a 200-day simple moving average of $259.21.

Marriott International (NASDAQ:MAR) last posted its earnings results on Tuesday, August 5th. The company reported $2.65 earnings per share for the quarter, meeting the consensus estimate 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 business’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period 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. As a group, analysts forecast that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International declared that its board has initiated 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 reacquire shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s management believes its stock is undervalued.

Marriott International Announces Dividend

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

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Robert W. Baird lifted 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. Barclays decreased 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, October 3rd. Truist Financial lifted their price target on Marriott International from $273.00 to $278.00 and gave the stock a “hold” rating in a report on Wednesday, September 3rd. 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, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Marriott International in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $282.63.

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.