3,507 Shares in Marriott International, Inc. $MAR Purchased by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. acquired a new stake in Marriott International, Inc. (NASDAQ:MAR) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 3,507 shares of the company’s stock, valued at approximately $958,000.

Several other hedge funds have also modified their holdings of MAR. Norges Bank purchased a new stake in Marriott International during the second quarter worth $638,968,000. Alliancebernstein L.P. raised its stake in shares of 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 buying an additional 1,129,555 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in Marriott International in the 2nd quarter valued at about $266,084,000. Wellington Management Group LLP increased its holdings in Marriott International by 16.4% during the 1st quarter. Wellington Management Group LLP now owns 5,427,410 shares of the company’s stock valued at $1,292,809,000 after acquiring an additional 766,309 shares in the last quarter. Finally, Boston Partners acquired a new position in Marriott International during the second quarter worth about $196,579,000. 70.70% of the stock is owned by institutional investors and hedge funds.

Marriott International Trading Up 3.3%

Shares of NASDAQ:MAR opened at $308.49 on Tuesday. The firm’s 50 day moving average is $281.81 and its two-hundred day moving average is $272.46. The firm has a market capitalization of $82.78 billion, a P/E ratio of 32.58, a PEG ratio of 2.89 and a beta of 1.15. Marriott International, Inc. has a 52 week low of $205.40 and a 52 week high of $310.23.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share (EPS) for the quarter, topping 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 firm 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 and its FY 2025 guidance at 9.980-10.060 EPS. Analysts predict 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 will be paid on Wednesday, December 31st. Shareholders of record on Thursday, November 20th will be paid a dividend of $0.67 per share. The ex-dividend date 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%.

Analyst Ratings Changes

Several analysts have recently issued reports on MAR shares. Truist Financial upped their price objective on Marriott International from $278.00 to $283.00 and gave the company a “hold” rating in a research report on Thursday, December 4th. BMO Capital Markets upped 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. The Goldman Sachs Group upgraded shares of Marriott International from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $288.00 to $345.00 in a report on Monday. Weiss Ratings reissued a “buy (b-)” rating on shares of Marriott International in a research note on Wednesday, October 8th. Finally, Barclays lifted their target price on shares of Marriott International from $262.00 to $274.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 5th. Three equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $296.87.

Insider Buying and Selling

In other news, CAO Felitia Lee sold 873 shares of Marriott International stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $301.58, for a total value of $263,279.34. Following the completion of the transaction, the chief accounting officer owned 6,510 shares in the company, valued at approximately $1,963,285.80. The trade was a 11.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Rena Hozore Reiss sold 5,483 shares of the firm’s stock in a transaction dated 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 directly owned 39,360 shares in the company, valued at $11,300,649.60. This trade represents a 12.23% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 86,672 shares of company stock worth $25,174,655. Insiders own 10.68% of the company’s stock.

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.