Corient Private Wealth LLC Decreases Holdings in Marriott International, Inc. $MAR

Corient Private Wealth LLC lowered its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 3.4% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 193,643 shares of the company’s stock after selling 6,723 shares during the quarter. Corient Private Wealth LLC owned approximately 0.07% of Marriott International worth $52,905,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Caldwell Trust Co purchased a new stake in shares of Marriott International during the 2nd quarter worth approximately $905,000. Valeo Financial Advisors LLC grew its holdings in Marriott International by 14.5% during the second quarter. Valeo Financial Advisors LLC now owns 4,755 shares of the company’s stock valued at $1,299,000 after purchasing an additional 602 shares during the period. SevenBridge Financial Group LLC increased its position in Marriott International by 49.3% in the second quarter. SevenBridge Financial Group LLC now owns 7,866 shares of the company’s stock worth $2,085,000 after buying an additional 2,598 shares during the last quarter. Osaic Holdings Inc. raised its stake in shares of Marriott International by 6.1% in the second quarter. Osaic Holdings Inc. now owns 55,196 shares of the company’s stock valued at $15,066,000 after buying an additional 3,165 shares during the period. Finally, Barnes Wealth Management Group Inc purchased a new position in shares of Marriott International during the 2nd quarter valued at $201,000. Institutional investors own 70.70% of the company’s stock.

Marriott International Stock Performance

NASDAQ MAR opened at $305.97 on Wednesday. Marriott International, Inc. has a 52-week low of $205.40 and a 52-week high of $310.23. The company has a fifty day moving average of $282.58 and a 200-day moving average of $272.76. The company has a market capitalization of $82.11 billion, a P/E ratio of 32.31, a P/E/G ratio of 2.98 and a beta of 1.16.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share for the quarter, beating analysts’ consensus estimates of $2.38 by $0.09. The business had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $6.46 billion. Marriott International had a negative return on equity of 89.29% and a net margin of 10.07%.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. As a group, analysts forecast that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International Announces Dividend

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

Analysts Set New Price Targets

Several research firms have commented on MAR. The Goldman Sachs Group raised shares of Marriott International from a “neutral” rating to a “buy” rating and upped their price objective for the company from $288.00 to $345.00 in a report on Monday. Barclays upped their price target on shares of Marriott International from $262.00 to $274.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 5th. BMO Capital Markets lifted their price objective on shares of Marriott International from $280.00 to $285.00 and gave the company a “market perform” rating in a research note on Wednesday, November 5th. Truist Financial increased their target price on Marriott International from $278.00 to $283.00 and gave the stock a “hold” rating in a research report on Thursday, December 4th. Finally, Robert W. Baird reduced their price target on Marriott International from $287.00 to $285.00 and set a “neutral” rating for the company in a research report on Tuesday, October 21st. Three investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $296.87.

Insiders Place Their Bets

In related news, EVP Benjamin T. Breland sold 1,650 shares of the company’s stock in a transaction 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 completion of the sale, the executive vice president directly owned 18,225 shares in the company, valued at $5,214,172.50. This represents a 8.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider William P. Brown sold 6,666 shares of the firm’s stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $280.04, for a total transaction of $1,866,746.64. Following the completion of the sale, the insider directly owned 11,000 shares in the company, valued at approximately $3,080,440. This trade represents a 37.73% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 88,289 shares of company stock worth $25,669,425. 10.68% of the stock is currently owned by corporate insiders.

About Marriott International

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.