3,294 Shares in Marriott International, Inc. $MAR Bought by AustralianSuper Pty Ltd

AustralianSuper Pty Ltd purchased a new stake in shares of Marriott International, Inc. (NASDAQ:MAR) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 3,294 shares of the company’s stock, valued at approximately $858,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Lazari Capital Management Inc. lifted its holdings in shares of Marriott International by 1.6% during the third quarter. Lazari Capital Management Inc. now owns 2,356 shares of the company’s stock worth $614,000 after buying an additional 37 shares during the last quarter. L2 Asset Management LLC raised its stake in Marriott International by 4.0% during the 2nd quarter. L2 Asset Management LLC now owns 996 shares of the company’s stock valued at $272,000 after purchasing an additional 38 shares during the last quarter. Valmark Advisers Inc. boosted its holdings in Marriott International by 1.6% in the 2nd quarter. Valmark Advisers Inc. now owns 2,462 shares of the company’s stock valued at $673,000 after purchasing an additional 39 shares during the period. AE Wealth Management LLC grew its position in Marriott International by 2.5% in the 2nd quarter. AE Wealth Management LLC now owns 1,622 shares of the company’s stock worth $443,000 after purchasing an additional 40 shares during the last quarter. Finally, HBK Sorce Advisory LLC raised its position in shares of Marriott International by 1.2% during the third quarter. HBK Sorce Advisory LLC now owns 3,512 shares of the company’s stock valued at $935,000 after buying an additional 40 shares during the last quarter. 70.70% of the stock is owned by institutional investors and hedge funds.

Marriott International Stock Performance

MAR opened at $315.30 on Friday. Marriott International, Inc. has a twelve month low of $205.40 and a twelve month high of $331.09. The firm has a market cap of $84.61 billion, a price-to-earnings ratio of 33.29, a PEG ratio of 2.50 and a beta of 1.16. The firm’s 50-day simple moving average is $311.03 and its 200-day simple moving average is $283.76.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Tuesday, November 4th. The company reported $2.47 EPS for the quarter, beating analysts’ consensus estimates 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. As a group, sell-side analysts anticipate that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Thursday, November 20th were paid a $0.67 dividend. The ex-dividend date of this dividend was Thursday, November 20th. This represents a $2.68 dividend on an annualized basis and a yield of 0.8%. Marriott International’s payout ratio is currently 28.30%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Sanford C. Bernstein boosted their price target on Marriott International from $329.00 to $369.00 and gave the company an “outperform” rating in a research note on Tuesday, January 6th. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a research report on Thursday, January 22nd. BMO Capital Markets raised Marriott International from a “market perform” rating to an “outperform” rating and raised their target price for the stock from $285.00 to $370.00 in a research report on Friday, January 9th. Wells Fargo & Company assumed coverage on shares of Marriott International in a report on Tuesday, November 18th. They issued an “overweight” rating and a $329.00 price target on the stock. Finally, Truist Financial raised their price objective on shares of Marriott International from $278.00 to $283.00 and gave the stock a “hold” rating in a report on Thursday, December 4th. Three investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $313.75.

Insider Activity at Marriott International

In other news, EVP Benjamin T. Breland sold 1,650 shares of the 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 directly owned 18,225 shares of the company’s stock, valued at $5,214,172.50. This represents a 8.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Rena Hozore Reiss sold 5,483 shares of the business’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 transaction of $1,574,224.13. Following the completion of the transaction, 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 disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 88,289 shares of company stock valued at $25,669,425. 10.68% of the stock is currently owned by company insiders.

Marriott International Company Profile

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.