Sigma Planning Corp Has $810,000 Stock Holdings in Marriott International, Inc. $MAR

Sigma Planning Corp lowered its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 8.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,966 shares of the company’s stock after selling 261 shares during the period. Sigma Planning Corp’s holdings in Marriott International were worth $810,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in MAR. Morse Asset Management Inc bought a new stake in shares of Marriott International during the first quarter valued at approximately $30,000. AlphaQuest LLC grew its position in Marriott International by 2,750.0% in the 2nd quarter. AlphaQuest LLC now owns 114 shares of the company’s stock valued at $31,000 after purchasing an additional 110 shares during the period. Harel Insurance Investments & Financial Services Ltd. acquired a new position in Marriott International during the second quarter worth $38,000. Quaker Wealth Management LLC lifted its stake in shares of Marriott International by 203.4% in the second quarter. Quaker Wealth Management LLC now owns 150 shares of the company’s stock valued at $41,000 after buying an additional 295 shares in the last quarter. Finally, Banque Transatlantique SA bought a new stake in shares of Marriott International during the first quarter worth about $52,000. 70.70% of the stock is owned by institutional investors.

Marriott International Price Performance

Shares of Marriott International stock opened at $281.14 on Friday. The firm has a market cap of $76.32 billion, a PE ratio of 29.69, a P/E/G ratio of 2.92 and a beta of 1.36. Marriott International, Inc. has a 1 year low of $205.40 and a 1 year high of $307.52. The stock has a fifty day moving average price of $266.14 and a 200-day moving average price of $264.57.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share for the quarter, beating the consensus estimate of $2.38 by $0.09. The company had revenue of $1.73 billion during the quarter, compared to analyst estimates of $6.46 billion. Marriott International had a net margin of 10.07% and a negative return on equity of 89.29%. Marriott International has set its Q4 2025 guidance at 2.540-2.620 EPS. FY 2025 guidance at 9.980-10.060 EPS. As a group, equities analysts anticipate that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International declared that its Board of Directors has approved a share repurchase plan on Thursday, August 7th that permits the company to buyback 25,000,000 outstanding shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are often a sign that the company’s board of directors believes its shares are undervalued.

Marriott International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Thursday, November 20th will be issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Thursday, November 20th. Marriott International’s dividend payout ratio is 28.30%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Marriott International in a research report on Wednesday, October 8th. Robert W. Baird cut their target price on Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 21st. Morgan Stanley lowered their price target on Marriott International from $302.00 to $296.00 and set an “overweight” rating for the company in a research report on Wednesday, October 22nd. Barclays lifted their price objective on shares of Marriott International from $262.00 to $274.00 and gave the stock an “equal weight” rating in a report on Wednesday. Finally, BMO Capital Markets increased their target price on shares of Marriott International from $280.00 to $285.00 and gave the company a “market perform” rating in a report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Marriott International presently has an average rating of “Moderate Buy” and a consensus price target of $286.40.

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.