Sachetta LLC Lowers Stock Position in Marriott International, Inc. $MAR

Sachetta LLC cut its holdings in Marriott International, Inc. (NASDAQ:MAR) by 17.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 915 shares of the company’s stock after selling 187 shares during the quarter. Sachetta LLC’s holdings in Marriott International were worth $250,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC boosted its holdings in Marriott International by 2.5% in the fourth quarter. Brighton Jones LLC now owns 8,887 shares of the company’s stock worth $2,479,000 after acquiring an additional 218 shares in the last quarter. OLD National Bancorp IN boosted its stake in Marriott International by 12.8% in the 1st quarter. OLD National Bancorp IN now owns 1,259 shares of the company’s stock worth $300,000 after purchasing an additional 143 shares in the last quarter. Farther Finance Advisors LLC increased its stake in Marriott International by 123.4% during the 1st quarter. Farther Finance Advisors LLC now owns 6,933 shares of the company’s stock valued at $1,652,000 after purchasing an additional 3,829 shares in the last quarter. Harbor Capital Advisors Inc. raised its holdings in Marriott International by 2.7% in the first quarter. Harbor Capital Advisors Inc. now owns 9,161 shares of the company’s stock worth $2,182,000 after buying an additional 243 shares during the last quarter. Finally, Accurate Wealth Management LLC grew its holdings in shares of Marriott International by 2.3% during the first quarter. Accurate Wealth Management LLC now owns 3,697 shares of the company’s stock valued at $832,000 after buying an additional 82 shares during the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Marriott International Stock Up 1.6%

Marriott International stock opened at $271.94 on Tuesday. The business has a 50-day simple moving average of $265.23 and a two-hundred day simple moving average of $258.64. Marriott International, Inc. has a 52-week low of $205.40 and a 52-week high of $307.52. The company has a market cap of $73.82 billion, a P/E ratio of 30.66, a P/E/G ratio of 2.64 and a beta of 1.35.

Marriott International (NASDAQ:MAR) last announced its earnings results on Tuesday, August 5th. The company reported $2.65 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.65. Marriott International had a net margin of 9.60% and a negative return on equity of 93.44%. The company had revenue of $6.74 billion during the quarter, compared to analyst estimates of $6.66 billion. During the same period in the previous year, the business posted $2.50 earnings per share. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. Marriott International has set its FY 2025 guidance at 9.850-10.080 EPS. Q3 2025 guidance at 2.310-2.390 EPS. Research analysts anticipate that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International declared that its board has authorized a share buyback plan on Thursday, August 7th that authorizes the company to buyback 25,000,000 outstanding shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.

Marriott International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, August 21st were issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, August 21st. Marriott International’s payout ratio is currently 30.21%.

Analyst Upgrades and Downgrades

MAR has been the subject of several analyst reports. JPMorgan Chase & Co. assumed coverage on shares of Marriott International in a research report on Monday, June 23rd. They set a “neutral” rating and a $284.00 price target for the company. Barclays reduced their target price on Marriott International from $276.00 to $262.00 and set an “equal weight” rating for the company in a report on Friday. BMO Capital Markets lowered their price target on Marriott International from $285.00 to $280.00 and set a “market perform” rating on the stock in a report on Wednesday, August 6th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Marriott International in a report on Saturday, September 27th. Finally, Robert W. Baird upped their target price on shares of Marriott International from $285.00 to $287.00 and gave the company a “neutral” rating in a research note on Wednesday, August 20th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $282.63.

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.