Marriott International, Inc. $MAR Shares Sold by WBH Advisory Inc.

WBH Advisory Inc. lessened its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 22.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,038 shares of the company’s stock after selling 304 shares during the quarter. WBH Advisory Inc.’s holdings in Marriott International were worth $284,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Nissay Asset Management Corp Japan ADV boosted its stake 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. boosted its position in shares of Marriott International by 15.6% during the 1st quarter. Permanens Capital L.P. now owns 15,396 shares of the company’s stock valued at $3,667,000 after acquiring an additional 2,076 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of 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 valued at $52,389,000 after acquiring an additional 8,149 shares during the last quarter. Swedbank AB boosted its position in shares of Marriott International by 1.3% during the 1st quarter. Swedbank AB now owns 68,429 shares of the company’s stock valued at $16,300,000 after acquiring an additional 881 shares during the last quarter. Finally, Sequoia Financial Advisors LLC boosted its position in shares of Marriott International by 11.9% during the 1st quarter. Sequoia Financial Advisors LLC now owns 13,441 shares of the company’s stock valued at $3,202,000 after acquiring an additional 1,432 shares during the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

Marriott International Price Performance

Shares of NASDAQ:MAR opened at $260.00 on Tuesday. The firm has a market capitalization of $70.58 billion, a PE ratio of 29.31, a price-to-earnings-growth ratio of 2.57 and a beta of 1.35. The firm’s 50-day moving average is $265.56 and its two-hundred day moving average is $260.49. Marriott International, Inc. has a 1 year low of $205.40 and a 1 year high of $307.52.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $2.65 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $2.65. The company had revenue of $6.74 billion for the quarter, compared to analyst estimates 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 in the prior year, the firm 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. Analysts expect that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International Announces Dividend

The firm 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 dividend payout ratio is 30.21%.

Marriott International announced that its Board of Directors has initiated a share buyback program on Thursday, August 7th that allows the company to buyback 25,000,000 outstanding shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on MAR shares. Weiss Ratings reissued a “buy (b-)” rating on shares of Marriott International in a research report on Wednesday, October 8th. BMO Capital Markets lowered their price target 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. Robert W. Baird boosted their price target on shares of Marriott International from $285.00 to $287.00 and gave the company a “neutral” rating in a research report on Wednesday, August 20th. JPMorgan Chase & Co. started coverage on shares of Marriott International in a report on Monday, June 23rd. They issued a “neutral” rating and a $284.00 price objective on the stock. Finally, Truist Financial boosted their price objective 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. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $281.67.

Marriott International Company 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.