Vise Technologies Inc. Purchases Shares of 3,253 Marriott International, Inc. $MAR

Vise Technologies Inc. acquired a new stake in shares of Marriott International, Inc. (NASDAQ:MAR) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 3,253 shares of the company’s stock, valued at approximately $889,000.

Several other large investors have also recently made changes to their positions in MAR. Brighton Jones LLC boosted its stake in Marriott International by 2.5% during the fourth quarter. Brighton Jones LLC now owns 8,887 shares of the company’s stock valued at $2,479,000 after buying an additional 218 shares during the last quarter. Apollon Wealth Management LLC raised its holdings in shares of Marriott International by 6.1% during the 1st quarter. Apollon Wealth Management LLC now owns 7,440 shares of the company’s stock worth $1,772,000 after acquiring an additional 427 shares in the last quarter. Whittier Trust Co. boosted its position in shares of Marriott International by 22.6% during the 1st quarter. Whittier Trust Co. now owns 8,488 shares of the company’s stock valued at $2,022,000 after acquiring an additional 1,563 shares during the last quarter. Cullen Frost Bankers Inc. grew its holdings in shares of Marriott International by 3.3% in the first quarter. Cullen Frost Bankers Inc. now owns 46,551 shares of the company’s stock valued at $11,088,000 after purchasing an additional 1,483 shares in the last quarter. Finally, Kingsview Wealth Management LLC raised its stake in Marriott International by 2.4% during the first quarter. Kingsview Wealth Management LLC now owns 3,897 shares of the company’s stock valued at $928,000 after purchasing an additional 91 shares in the last quarter. 70.70% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on MAR shares. BMO Capital Markets lifted their price objective on shares of Marriott International from $280.00 to $285.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 5th. Morgan Stanley dropped 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 boosted their price objective on Marriott International from $262.00 to $274.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 5th. Robert W. Baird lowered their price objective 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. Finally, Truist Financial lifted their price objective on shares of Marriott International from $273.00 to $278.00 and gave the stock a “hold” rating in a research note on Wednesday, September 3rd. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Marriott International currently has a consensus rating of “Moderate Buy” and an average target price of $286.40.

Insider Transactions at Marriott International

In other Marriott International news, insider Deborah Marriott Harrison sold 70,000 shares of the business’s stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $291.63, for a total value of $20,414,100.00. Following the completion of the transaction, the insider directly owned 175,210 shares in the company, valued at approximately $51,096,492.30. The trade was a 28.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider William P. Brown sold 6,666 shares of the firm’s stock in a transaction dated Thursday, November 6th. The shares were sold at an average price of $280.04, for a total transaction of $1,866,746.64. Following the completion of the sale, the insider owned 11,000 shares in the company, valued at $3,080,440. This represents a 37.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 85,799 shares of company stock worth $24,911,376. Company insiders own 10.68% of the company’s stock.

Marriott International Trading Down 1.5%

Shares of Marriott International stock opened at $287.43 on Friday. Marriott International, Inc. has a 12 month low of $205.40 and a 12 month high of $307.52. The stock’s fifty day moving average price is $268.51 and its 200-day moving average price is $266.75. The firm has a market cap of $77.13 billion, a P/E ratio of 30.35, a P/E/G ratio of 2.82 and a beta of 1.36.

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

Marriott International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Thursday, November 20th will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Thursday, November 20th. Marriott International’s dividend payout ratio (DPR) is 28.30%.

Marriott International announced that its board has approved a share buyback plan on Thursday, August 7th that permits the company to buyback 25,000,000 shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s leadership believes its stock is undervalued.

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.