Chicago Partners Investment Group LLC Takes Position in Marriott International, Inc. $MAR

Chicago Partners Investment Group LLC acquired a new stake in Marriott International, Inc. (NASDAQ:MAR) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 753 shares of the company’s stock, valued at approximately $206,000.

A number of other hedge funds have also made changes to their positions in the business. Pallas Capital Advisors LLC increased its holdings in shares of Marriott International by 0.4% in the 2nd quarter. Pallas Capital Advisors LLC now owns 8,649 shares of the company’s stock valued at $2,363,000 after acquiring an additional 37 shares during the last quarter. CreativeOne Wealth LLC increased its holdings in shares of Marriott International by 2.1% in the 1st quarter. CreativeOne Wealth LLC now owns 1,831 shares of the company’s stock valued at $436,000 after acquiring an additional 38 shares during the last quarter. Motley Fool Asset Management LLC increased its holdings in shares of Marriott International by 0.3% in the 1st quarter. Motley Fool Asset Management LLC now owns 12,824 shares of the company’s stock valued at $3,055,000 after acquiring an additional 39 shares during the last quarter. Valmark Advisers Inc. grew its stake in Marriott International by 1.6% during the 2nd quarter. Valmark Advisers Inc. now owns 2,462 shares of the company’s stock worth $673,000 after buying an additional 39 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its stake in Marriott International by 1.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,387 shares of the company’s stock worth $569,000 after buying an additional 40 shares during the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Marriott International Price Performance

MAR opened at $271.32 on Friday. The business has a 50 day simple moving average of $265.86 and a 200-day simple moving average of $261.77. The stock has a market capitalization of $73.65 billion, a P/E ratio of 30.59, a P/E/G ratio of 2.80 and a beta of 1.35. Marriott International, Inc. has a 12 month low of $205.40 and a 12 month high of $307.52.

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

Marriott International Announces Dividend

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

Marriott International announced that its board has approved a stock repurchase plan on Thursday, August 7th that allows the company to repurchase 25,000,000 shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. BMO Capital Markets dropped their price target on Marriott International from $285.00 to $280.00 and set a “market perform” rating on the stock in a research note on Wednesday, August 6th. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a research note on Saturday. Barclays dropped their price target on Marriott International from $276.00 to $262.00 and set an “equal weight” rating on the stock in a research note on Friday, October 3rd. Truist Financial raised their price target on Marriott International from $273.00 to $278.00 and gave the stock a “hold” rating in a research note on Wednesday, September 3rd. Finally, Robert W. Baird lowered their target price on Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 21st. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat.com, Marriott International presently has a consensus rating of “Moderate Buy” and a consensus target price of $283.17.

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.