RFG Advisory LLC Grows Stock Position in Marriott International, Inc. $MAR

RFG Advisory LLC lifted its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 60.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,665 shares of the company’s stock after purchasing an additional 630 shares during the quarter. RFG Advisory LLC’s holdings in Marriott International were worth $455,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of MAR. Alliancebernstein L.P. raised its stake in shares of Marriott International by 194.7% during the first quarter. Alliancebernstein L.P. now owns 1,709,665 shares of the company’s stock worth $407,242,000 after purchasing an additional 1,129,555 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Marriott International during the second quarter worth approximately $266,084,000. Wellington Management Group LLP grew its holdings in Marriott International by 16.4% during the first quarter. Wellington Management Group LLP now owns 5,427,410 shares of the company’s stock worth $1,292,809,000 after acquiring an additional 766,309 shares during the period. Nuveen LLC acquired a new position in Marriott International during the first quarter worth $166,059,000. Finally, Invesco Ltd. grew its holdings in Marriott International by 18.9% during the first quarter. Invesco Ltd. now owns 4,123,836 shares of the company’s stock worth $982,298,000 after acquiring an additional 654,766 shares during the period. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Marriott International Stock Performance

MAR opened at $260.85 on Friday. The business’s fifty day moving average is $265.52 and its two-hundred day moving average is $259.92. The company has a market cap of $70.81 billion, a price-to-earnings ratio of 29.41, a PEG ratio of 2.57 and a beta of 1.35. Marriott International, Inc. has a one year low of $205.40 and a one year high of $307.52.

Marriott International (NASDAQ:MAR) last posted its earnings results on Tuesday, August 5th. The company reported $2.65 EPS for the quarter, hitting analysts’ consensus estimates of $2.65. Marriott International had a negative return on equity of 93.44% and a net margin of 9.60%.The company had revenue of $6.74 billion for the quarter, compared to the consensus estimate of $6.66 billion. During the same period in the previous year, the business earned $2.50 earnings per share. Marriott International’s quarterly revenue was up 4.7% compared to the same quarter last year. Marriott International has set its FY 2025 guidance at 9.850-10.080 EPS. Q3 2025 guidance at 2.310-2.390 EPS. On average, analysts predict that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International announced that its Board of Directors has initiated 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 repurchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.

Marriott International Announces Dividend

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

Analysts Set New Price Targets

A number of brokerages recently weighed in on MAR. JPMorgan Chase & Co. began coverage on Marriott International in a report on Monday, June 23rd. They set a “neutral” rating and a $284.00 price objective on the stock. BMO Capital Markets dropped their price objective 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. Barclays dropped their price objective 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. Robert W. Baird upped their price objective on Marriott International from $285.00 to $287.00 and gave the stock a “neutral” rating in a report on Wednesday, August 20th. Finally, Truist Financial boosted their target price on Marriott International from $273.00 to $278.00 and gave the stock a “hold” rating in a research report on Wednesday, September 3rd. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Marriott International has a consensus rating of “Moderate Buy” and a consensus target price of $282.63.

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.