1,285 Shares in Marriott International, Inc. $MAR Purchased by MBB Public Markets I LLC

Key Points

• MBB Public Markets I LLC has acquired 1,285 shares of Marriott International, Inc. valued at approximately $306,000 during the 1st quarter.
• Marriott International recently reported quarterly earnings of $2.65 per share, meeting analyst expectations and indicating a revenue increase of 4.7% from the previous year.
• The company has initiated a stock buyback plan allowing for the repurchase of 25 million shares, suggesting that the Board believes the stock is undervalued.

MBB Public Markets I LLC acquired a new position in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,285 shares of the company's stock, valued at approximately $306,000.

Several other large investors have also made changes to their positions in the business. CreativeOne Wealth LLC lifted its position in shares of Marriott International by 2.1% during the 1st quarter. CreativeOne Wealth LLC now owns 1,831 shares of the company's stock worth $436,000 after purchasing an additional 38 shares during the last quarter. Motley Fool Asset Management LLC lifted its position in shares of Marriott International by 0.3% during the 1st quarter. Motley Fool Asset Management LLC now owns 12,824 shares of the company's stock worth $3,055,000 after purchasing an additional 39 shares during the last quarter. 4J Wealth Management LLC lifted its position in shares of Marriott International by 3.6% during the 1st quarter. 4J Wealth Management LLC now owns 1,224 shares of the company's stock worth $292,000 after purchasing an additional 43 shares during the last quarter. Pinnacle Wealth Planning Services Inc. lifted its position in shares of Marriott International by 3.5% during the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 1,259 shares of the company's stock worth $300,000 after purchasing an additional 43 shares during the last quarter. Finally, Legacy Financial Advisors Inc. raised its holdings in Marriott International by 2.8% in the 1st quarter. Legacy Financial Advisors Inc. now owns 1,665 shares of the company's stock valued at $397,000 after acquiring an additional 45 shares in the last quarter. Institutional investors and hedge funds own 70.70% of the company's stock.

Marriott International Trading Down 0.6%

MAR stock opened at $262.42 on Thursday. Marriott International, Inc. has a 1-year low of $205.40 and a 1-year high of $307.52. The firm has a market cap of $71.24 billion, a P/E ratio of 29.59, a P/E/G ratio of 2.60 and a beta of 1.38. The business's 50 day moving average is $269.49 and its 200-day moving average is $257.94.

Marriott International (NASDAQ:MAR - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported $2.65 earnings per share for the quarter, meeting the consensus estimate of $2.65. Marriott International had a negative return on equity of 93.44% and a net margin of 9.60%.The company had revenue of $6.74 billion for the quarter, compared to analyst estimates of $6.66 billion. During the same period in the prior year, the company posted $2.50 EPS. The company's 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. Sell-side analysts forecast that Marriott International, Inc. will post 10.1 EPS for the current year.

Marriott International declared that its Board of Directors has initiated a stock buyback plan on Thursday, August 7th that allows the company to repurchase 25,000,000 shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued.

Marriott International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Thursday, August 21st will be given a $0.67 dividend. The ex-dividend date is Thursday, August 21st. This represents a $2.68 annualized dividend and a yield of 1.0%. Marriott International's payout ratio is presently 30.21%.

Insider Transactions at Marriott International

In other Marriott International news, insider Rajeev Menon sold 2,500 shares of Marriott International stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $268.28, for a total value of $670,700.00. Following the completion of the transaction, the insider owned 5,706 shares in the company, valued at approximately $1,530,805.68. The trade was a 30.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 10.68% of the company's stock.

Analyst Ratings Changes

Several equities analysts have commented on the company. Robert W. Baird upped their price target on Marriott International from $285.00 to $287.00 and gave the company a "neutral" rating in a report on Wednesday, August 20th. BMO Capital Markets cut their price target on Marriott International from $285.00 to $280.00 and set a "market perform" rating for the company in a report on Wednesday, August 6th. UBS Group cut their price target on Marriott International from $302.00 to $299.00 and set a "neutral" rating for the company in a report on Wednesday, May 21st. Truist Financial upped their price target on Marriott International from $273.00 to $278.00 and gave the company a "hold" rating in a report on Wednesday, September 3rd. Finally, JPMorgan Chase & Co. initiated coverage on Marriott International in a report on Monday, June 23rd. They issued a "neutral" rating and a $284.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $281.26.

Marriott International Company 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.

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