GAM Holding AG Has $10.21 Million Holdings in Marriott International, Inc. $MAR

GAM Holding AG lessened its stake in Marriott International, Inc. (NASDAQ:MAR) by 20.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 37,380 shares of the company’s stock after selling 9,540 shares during the quarter. GAM Holding AG’s holdings in Marriott International were worth $10,213,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Pallas Capital Advisors LLC raised its stake in Marriott International by 0.4% during the second quarter. Pallas Capital Advisors LLC now owns 8,649 shares of the company’s stock worth $2,363,000 after acquiring an additional 37 shares in the last quarter. CreativeOne Wealth LLC raised its stake in Marriott International by 2.1% during the first quarter. CreativeOne Wealth LLC now owns 1,831 shares of the company’s stock worth $436,000 after acquiring an additional 38 shares in the last quarter. Motley Fool Asset Management LLC raised its stake 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 worth $3,055,000 after acquiring an additional 39 shares in the last quarter. Valmark Advisers Inc. raised its stake in Marriott International by 1.6% during the second quarter. Valmark Advisers Inc. now owns 2,462 shares of the company’s stock worth $673,000 after acquiring an additional 39 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in Marriott International by 1.7% during the first quarter. Geneos Wealth Management Inc. now owns 2,387 shares of the company’s stock worth $569,000 after acquiring an additional 40 shares in the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Robert W. Baird lowered their target price on Marriott International from $287.00 to $285.00 and set a “neutral” rating for the company in a research note on Tuesday, October 21st. BMO Capital Markets reduced their price target on Marriott International from $285.00 to $280.00 and set a “market perform” rating on the stock in a report on Wednesday, August 6th. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a report on Wednesday, October 8th. Truist Financial boosted 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. Finally, Barclays reduced their price target on Marriott International from $276.00 to $262.00 and set an “equal weight” rating on the stock in a report on Friday, October 3rd. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $283.17.

Marriott International Price Performance

Shares of MAR stock opened at $262.27 on Friday. The business’s 50 day simple moving average is $265.92 and its 200 day simple moving average is $262.79. Marriott International, Inc. has a one year low of $205.40 and a one year high of $307.52. The stock has a market capitalization of $71.20 billion, a PE ratio of 29.57, a PEG ratio of 2.72 and a beta of 1.35.

Marriott International (NASDAQ:MAR) last announced its earnings results on Tuesday, August 5th. The company reported $2.65 EPS for the quarter, meeting 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 business had revenue of $6.74 billion for the quarter, compared to analysts’ expectations of $6.66 billion. During the same period in the prior year, the business posted $2.50 earnings per share. The firm’s revenue was up 4.7% on a year-over-year basis. 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, research analysts expect that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International announced that its Board of Directors has approved a stock buyback plan on Thursday, August 7th that authorizes the company to repurchase 25,000,000 outstanding shares. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Marriott International Announces Dividend

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

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.