Baltimore Washington Financial Advisors Inc. Increases Position in Marriott International, Inc. $MAR

Baltimore Washington Financial Advisors Inc. increased its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 9.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 86,307 shares of the company’s stock after buying an additional 7,790 shares during the period. Baltimore Washington Financial Advisors Inc.’s holdings in Marriott International were worth $23,580,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. AlphaQuest LLC grew its holdings in shares of Marriott International by 2,750.0% in the 2nd quarter. AlphaQuest LLC now owns 114 shares of the company’s stock worth $31,000 after acquiring an additional 110 shares during the period. Addison Advisors LLC purchased a new stake in Marriott International during the second quarter worth $34,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in Marriott International in the second quarter valued at $38,000. Westside Investment Management Inc. raised its stake in shares of Marriott International by 198.0% during 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 during the last quarter. Finally, Quaker Wealth Management LLC boosted its position in shares of Marriott International by 203.4% in the 2nd quarter. Quaker Wealth Management LLC now owns 150 shares of the company’s stock worth $41,000 after buying an additional 295 shares in the last quarter. 70.70% of the stock is owned by hedge funds and other institutional investors.

Marriott International Stock Up 0.2%

MAR opened at $304.65 on Thursday. Marriott International, Inc. has a 52-week low of $205.40 and a 52-week high of $307.52. The company has a 50 day moving average of $273.11 and a two-hundred day moving average of $269.58. The company has a market cap of $81.75 billion, a P/E ratio of 32.17, a P/E/G ratio of 2.94 and a beta of 1.36.

Marriott International (NASDAQ:MAR) last posted its earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share for the quarter, beating the consensus estimate 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 business 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. Research analysts anticipate that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International announced that its Board of Directors has initiated a share buyback program on Thursday, August 7th that allows the company to buyback 25,000,000 outstanding shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company’s board believes its shares are undervalued.

Marriott International Dividend Announcement

The business 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. This represents a $2.68 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Thursday, November 20th. Marriott International’s dividend payout ratio (DPR) is presently 28.30%.

Insider Activity

In other Marriott International news, EVP Rena Hozore Reiss sold 5,483 shares of the company’s 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 transaction, the executive vice president owned 39,360 shares in the company, valued at $11,300,649.60. This represents a 12.23% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Benjamin T. Breland sold 1,650 shares of Marriott International stock in a transaction that occurred 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 sale, the executive vice president owned 18,225 shares in the company, valued at $5,214,172.50. This represents a 8.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 86,672 shares of company stock worth $25,174,655 in the last ninety days. 10.68% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Morgan Stanley cut their target price on shares of Marriott International from $302.00 to $296.00 and set an “overweight” rating for the company in a research report on Wednesday, October 22nd. Wells Fargo & Company started coverage on shares of Marriott International in a research note on Tuesday, November 18th. They set an “overweight” rating and a $329.00 price objective for the company. Truist Financial raised their target price on shares of 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 upped their price target on shares of Marriott International from $280.00 to $285.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 5th. Finally, Robert W. Baird lowered their price objective on shares of Marriott International from $287.00 to $285.00 and set a “neutral” rating for the company in a research note on Tuesday, October 21st. Three analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, Marriott International presently has an average rating of “Moderate Buy” and a consensus target price of $289.87.

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.