Traub Capital Management LLC Makes New $69,000 Investment in Marriott International, Inc. $MAR

Traub Capital Management LLC bought a new position in shares of Marriott International, Inc. (NASDAQ:MAR) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 252 shares of the company’s stock, valued at approximately $69,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. AlphaQuest LLC increased its stake 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 in the last quarter. Addison Advisors LLC purchased a new position in shares of Marriott International in the second quarter valued at $34,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of Marriott International during the 2nd quarter worth $38,000. Westside Investment Management Inc. boosted its position in shares of Marriott International by 198.0% in the 2nd quarter. Westside Investment Management Inc. now owns 149 shares of the company’s stock worth $41,000 after buying an additional 99 shares in the last quarter. Finally, Quaker Wealth Management LLC increased its holdings in Marriott International by 203.4% during the 2nd quarter. Quaker Wealth Management LLC now owns 150 shares of the company’s stock valued at $41,000 after acquiring an additional 295 shares in the last quarter. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Marriott International news, EVP Rena Hozore Reiss sold 5,483 shares of the business’s stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $287.11, for a total transaction of $1,574,224.13. Following the transaction, the executive vice president owned 39,360 shares in the company, valued at $11,300,649.60. The trade was a 12.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider William P. Brown sold 6,666 shares of the stock in a transaction dated Thursday, November 6th. The shares were sold at an average price of $280.04, for a total value of $1,866,746.64. Following the completion of the sale, the insider owned 11,000 shares of the company’s stock, valued at approximately $3,080,440. This trade represents a 37.73% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 85,799 shares of company stock valued at $24,911,376 over the last ninety days. Insiders own 10.68% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Truist Financial increased their target price on Marriott International from $273.00 to $278.00 and gave the company a “hold” rating in a report on Wednesday, September 3rd. BMO Capital Markets increased their price objective on Marriott International from $280.00 to $285.00 and gave the company a “market perform” rating in a research note on Wednesday, November 5th. Barclays boosted their target price on shares of Marriott International from $262.00 to $274.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 5th. Wells Fargo & Company started coverage on shares of Marriott International in a report on Tuesday. They set an “overweight” rating and a $329.00 price target for the company. Finally, Morgan Stanley cut their price target on Marriott International from $302.00 to $296.00 and set an “overweight” rating for the company in a report on Wednesday, October 22nd. Three investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, Marriott International presently has an average rating of “Moderate Buy” and an average price target of $289.87.

Marriott International Price Performance

Shares of NASDAQ:MAR opened at $284.20 on Thursday. The business has a 50-day moving average of $270.04 and a two-hundred day moving average of $268.10. The firm has a market capitalization of $76.27 billion, a PE ratio of 30.01, a P/E/G ratio of 2.74 and a beta of 1.36. Marriott International, Inc. has a 12 month low of $205.40 and a 12 month high of $307.52.

Marriott International (NASDAQ:MAR) last issued its earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.38 by $0.09. The business had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $6.46 billion. Marriott International had a negative return on equity of 89.29% and a net margin of 10.07%. 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, research analysts anticipate that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International announced that its board has authorized 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 repurchase shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company’s management believes its shares are undervalued.

Marriott International Dividend Announcement

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

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.