Marriott International, Inc. $MAR Shares Sold by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. cut its position in Marriott International, Inc. (NASDAQ:MAR) by 5.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 30,769 shares of the company’s stock after selling 1,867 shares during the period. Rockefeller Capital Management L.P.’s holdings in Marriott International were worth $8,407,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in Marriott International by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 20,236,478 shares of the company’s stock worth $4,820,329,000 after buying an additional 184,387 shares during the period. Wellington Management Group LLP increased its stake in shares of Marriott International by 16.4% in 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. Geode Capital Management LLC raised its holdings in shares of Marriott International by 2.0% during the second quarter. Geode Capital Management LLC now owns 5,223,539 shares of the company’s stock worth $1,420,308,000 after purchasing an additional 102,798 shares during the last quarter. Invesco Ltd. lifted its position in Marriott International by 18.9% during the first quarter. Invesco Ltd. now owns 4,123,836 shares of the company’s stock valued at $982,298,000 after purchasing an additional 654,766 shares during the period. Finally, Alliancebernstein L.P. grew its position in Marriott International by 194.7% during the 1st 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 period. Institutional investors and hedge funds own 70.70% of the company’s stock.

Insider Activity at Marriott International

In other Marriott International news, insider Deborah Marriott Harrison sold 70,000 shares of the stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $291.63, for a total transaction of $20,414,100.00. Following the completion of the transaction, the insider owned 175,210 shares of the company’s stock, valued at $51,096,492.30. This represents a 28.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Rena Hozore Reiss sold 5,483 shares of Marriott International stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $287.11, for a total value of $1,574,224.13. Following the completion of the sale, the executive vice president directly owned 39,360 shares in the company, valued at $11,300,649.60. This represents a 12.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 85,799 shares of company stock worth $24,911,376 in the last quarter. Corporate insiders own 10.68% of the company’s stock.

Analysts Set New Price Targets

MAR has been the subject of several analyst reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Marriott International in a report on Wednesday, October 8th. Wells Fargo & Company assumed coverage on Marriott International in a report on Tuesday. They issued an “overweight” rating and a $329.00 price target for the company. Truist Financial upped their price objective on Marriott International from $273.00 to $278.00 and gave the stock a “hold” rating in a research report on Wednesday, September 3rd. BMO Capital Markets lifted 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, November 5th. Finally, Morgan Stanley lowered their price target on shares of Marriott International from $302.00 to $296.00 and set an “overweight” rating on the stock in a report on Wednesday, October 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $289.87.

Marriott International Price Performance

Shares of MAR stock opened at $284.20 on Thursday. Marriott International, Inc. has a 1-year low of $205.40 and a 1-year high of $307.52. The company has a market cap of $76.27 billion, a price-to-earnings ratio of 30.01, a PEG ratio of 2.74 and a beta of 1.36. The stock has a 50 day simple moving average of $270.04 and a 200-day simple moving average of $268.10.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings results on Tuesday, November 4th. The company reported $2.47 EPS for the quarter, topping 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. Analysts anticipate that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International declared that its board has authorized a share repurchase program on Thursday, August 7th that allows the company to buyback 25,000,000 outstanding shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

Marriott International Announces Dividend

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

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.