Marriott International, Inc. $MAR Shares Acquired by Apollon Wealth Management LLC

Apollon Wealth Management LLC boosted its stake in Marriott International, Inc. (NASDAQ:MAR) by 23.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,852 shares of the company’s stock after acquiring an additional 1,688 shares during the period. Apollon Wealth Management LLC’s holdings in Marriott International were worth $2,306,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of MAR. Norges Bank acquired a new stake in shares of Marriott International during the second quarter worth $638,968,000. Alliancebernstein L.P. raised its position in 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 shares of Marriott International in the 2nd quarter worth $266,084,000. Boston Partners purchased a new position in Marriott International during the second quarter worth about $196,579,000. Finally, Laurel Wealth Advisors LLC lifted its position in Marriott International by 27,221.0% in the second quarter. Laurel Wealth Advisors LLC now owns 315,558 shares of the company’s stock valued at $86,214,000 after purchasing an additional 314,403 shares during the period. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider William P. Brown sold 6,666 shares of the stock in a transaction dated 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 transaction, the insider directly owned 11,000 shares in the company, valued at approximately $3,080,440. This represents a 37.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Rena Hozore Reiss sold 5,483 shares of Marriott International stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $287.11, for a total value of $1,574,224.13. Following the completion of the sale, the executive vice president owned 39,360 shares of the company’s stock, valued at $11,300,649.60. This trade represents a 12.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 88,289 shares of company stock worth $25,669,425 in the last three months. 10.68% of the stock is currently owned by insiders.

Marriott International Stock Down 0.2%

Shares of NASDAQ:MAR opened at $313.89 on Wednesday. The company has a market capitalization of $84.23 billion, a P/E ratio of 33.15, a P/E/G ratio of 3.04 and a beta of 1.16. Marriott International, Inc. has a 52-week low of $205.40 and a 52-week high of $316.69. The stock’s fifty day simple moving average is $292.35 and its 200-day simple moving average is $276.27.

Marriott International (NASDAQ:MAR) last announced 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 firm had revenue of $1.73 billion during the quarter, compared to the consensus estimate 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. On average, sell-side analysts anticipate that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Thursday, November 20th will be given 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 28.30%.

Analysts Set New Price Targets

MAR has been the topic of several recent analyst reports. Morgan Stanley dropped their target price on Marriott International from $302.00 to $296.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 22nd. Barclays increased their price objective on Marriott International from $274.00 to $276.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 17th. Truist Financial boosted their target price on shares of Marriott International from $278.00 to $283.00 and gave the stock a “hold” rating in a research report on Thursday, December 4th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Marriott International in a report on Wednesday, October 8th. Finally, BMO Capital Markets boosted their price objective on shares of Marriott International from $280.00 to $285.00 and gave the stock a “market perform” rating in a report on Wednesday, November 5th. Three investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $297.00.

About Marriott International

Marriott International is a global lodging company that develops, manages and franchises a broad portfolio of hotels and related lodging facilities. Its core activities include hotel and resort management, franchise operations, property development and the provision of centralized services such as reservations, marketing and loyalty program management. The company’s brand architecture spans market segments from luxury and premium to select-service and extended-stay, enabling it to serve a wide range of business and leisure travelers as well as corporate and group customers.

The company traces its roots to the hospitality business founded by J.