Global Retirement Partners LLC Purchases New Position in Marriott International, Inc. $MAR

Global Retirement Partners LLC acquired a new stake in shares of Marriott International, Inc. (NASDAQ:MAR) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,633 shares of the company’s stock, valued at approximately $446,000.

Several other hedge funds also recently modified their holdings of the business. AlphaQuest LLC boosted its holdings in Marriott International by 2,750.0% in the second quarter. AlphaQuest LLC now owns 114 shares of the company’s stock worth $31,000 after purchasing an additional 110 shares in the last quarter. Addison Advisors LLC acquired a new position in shares of Marriott International during the 2nd quarter valued at about $34,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in Marriott International in the 2nd quarter worth approximately $38,000. Quaker Wealth Management LLC boosted its position in Marriott International by 203.4% during the second quarter. Quaker Wealth Management LLC now owns 150 shares of the company’s stock worth $41,000 after purchasing an additional 295 shares during the period. Finally, Westside Investment Management Inc. grew its holdings in Marriott International by 198.0% during the second quarter. Westside Investment Management Inc. now owns 149 shares of the company’s stock valued at $41,000 after purchasing an additional 99 shares during the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

Analyst Upgrades and Downgrades

MAR has been the topic of a number of recent analyst reports. Wells Fargo & Company began coverage on Marriott International in a research note on Tuesday, November 18th. They issued an “overweight” rating and a $329.00 price objective on the stock. Morgan Stanley reduced their price objective on Marriott International from $302.00 to $296.00 and set an “overweight” rating for the company in a research report on Wednesday, October 22nd. Robert W. Baird cut their target price 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. Truist Financial upped their price objective 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. Finally, BMO Capital Markets lifted their price objective on Marriott International from $280.00 to $285.00 and gave the stock a “market perform” rating in a report on Wednesday, November 5th. Three equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $289.87.

Marriott International Price Performance

MAR opened at $305.05 on Friday. Marriott International, Inc. has a fifty-two week low of $205.40 and a fifty-two week high of $307.52. The company has a market cap of $81.86 billion, a price-to-earnings ratio of 32.21, a price-to-earnings-growth ratio of 2.94 and a beta of 1.36. The firm has a 50 day simple moving average of $274.66 and a 200 day simple moving average of $270.02.

Marriott International (NASDAQ:MAR) last issued its earnings results on Tuesday, November 4th. The company reported $2.47 EPS 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 company had revenue of $1.73 billion during the quarter, compared to analysts’ expectations 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. As a group, analysts expect that Marriott International, Inc. will post 10.1 EPS for the current year.

Marriott International Announces Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.9%. Marriott International’s dividend payout ratio is 28.30%.

Marriott International announced that its Board of Directors has initiated a stock repurchase program on Thursday, August 7th that allows the company to repurchase 25,000,000 shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling at Marriott International

In related news, EVP Rena Hozore Reiss sold 5,483 shares of the business’s stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $287.11, for a total transaction of $1,574,224.13. Following the completion of the transaction, the executive vice president owned 39,360 shares in the company, valued at approximately $11,300,649.60. The trade was a 12.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Peggy Roe sold 2,000 shares of the stock in a transaction on Monday, November 10th. The stock was sold at an average price of $292.12, for a total transaction of $584,240.00. Following the completion of the sale, the executive vice president owned 17,466 shares in the company, valued at approximately $5,102,167.92. This trade represents a 10.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 86,672 shares of company stock worth $25,174,655 over the last ninety days. 10.68% of the stock is owned by corporate insiders.

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.