Insider Selling: Marriott International (NASDAQ:MAR) EVP Sells 1,650 Shares of Stock

Marriott International, Inc. (NASDAQ:MAR) EVP Benjamin Breland sold 1,650 shares of the business’s stock in a transaction on Friday, November 7th. The shares were sold at an average price of $286.10, for a total transaction of $472,065.00. Following the completion of the transaction, the executive vice president directly owned 18,225 shares in the company, valued at $5,214,172.50. This represents a 8.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Marriott International Price Performance

NASDAQ MAR opened at $291.90 on Wednesday. Marriott International, Inc. has a 1-year low of $205.40 and a 1-year high of $307.52. The business has a 50 day moving average price of $267.60 and a 200 day moving average price of $266.43. The company has a market capitalization of $78.33 billion, a P/E ratio of 30.82, a PEG ratio of 2.99 and a beta of 1.36.

Marriott International (NASDAQ:MAR) last released its earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share (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 company had revenue of $1.73 billion for the quarter, compared to analyst estimates 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. On average, research analysts expect that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International announced that its board has initiated a share buyback program on Thursday, August 7th that allows the company to buyback 25,000,000 shares. This buyback authorization allows the company to buy shares of its stock through open market purchases. Shares buyback programs are often an indication that the company’s board 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. Stockholders of record on Thursday, November 20th will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, November 20th. Marriott International’s payout ratio is currently 28.30%.

Analysts Set New Price Targets

MAR has been the topic of a number of recent research reports. Truist Financial lifted their price target on shares of Marriott International from $273.00 to $278.00 and gave the company a “hold” rating in a research report on Wednesday, September 3rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Marriott International in a research report on Wednesday, October 8th. Morgan Stanley cut their price objective on Marriott International from $302.00 to $296.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 22nd. Barclays upped their target price on Marriott International from $262.00 to $274.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 5th. Finally, BMO Capital Markets boosted their price target on Marriott International from $280.00 to $285.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 5th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat.com, Marriott International currently has a consensus rating of “Moderate Buy” and a consensus target price of $286.40.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of MAR. Oppenheimer Asset Management Inc. bought a new stake in Marriott International during the second quarter valued at $613,000. Nissay Asset Management Corp Japan ADV boosted its holdings in shares of Marriott International by 9.5% in the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 62,995 shares of the company’s stock valued at $15,005,000 after buying an additional 5,482 shares during the period. Permanens Capital L.P. grew its position in shares of Marriott International by 15.6% during the 1st quarter. Permanens Capital L.P. now owns 15,396 shares of the company’s stock valued at $3,667,000 after buying an additional 2,076 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Marriott International by 3.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 219,939 shares of the company’s stock worth $52,389,000 after acquiring an additional 8,149 shares during the period. Finally, Swedbank AB boosted its stake in Marriott International by 1.3% in the first quarter. Swedbank AB now owns 68,429 shares of the company’s stock valued at $16,300,000 after acquiring an additional 881 shares during the period. Institutional investors own 70.70% of the company’s stock.

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.