United Services Automobile Association Acquires Shares of 5,403 Marriott International, Inc. $MAR

Key Points

• United Services Automobile Association acquired 5,403 shares of Marriott International, valued at approximately $1.28 million, marking a significant new investment in the company.
• Marriott's stock has received upgrades from multiple analysts, with Jefferies Financial Group raising its price target from $226 to $303, highlighting expected growth in the company's performance.
• The company recently announced a quarterly dividend of $0.67 per share and authorized a buyback plan to repurchase 25 million shares, indicating confidence in its market position.

United Services Automobile Association bought a new stake in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 5,403 shares of the company's stock, valued at approximately $1,281,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. CreativeOne Wealth LLC lifted its stake in shares of Marriott International by 2.1% in the first quarter. CreativeOne Wealth LLC now owns 1,831 shares of the company's stock worth $436,000 after buying an additional 38 shares during the last quarter. Motley Fool Asset Management LLC lifted its stake in shares of Marriott International by 0.3% in the first quarter. Motley Fool Asset Management LLC now owns 12,824 shares of the company's stock worth $3,055,000 after buying an additional 39 shares during the last quarter. 4J Wealth Management LLC boosted its holdings in Marriott International by 3.6% in the 1st quarter. 4J Wealth Management LLC now owns 1,224 shares of the company's stock valued at $292,000 after purchasing an additional 43 shares during the period. Pinnacle Wealth Planning Services Inc. boosted its holdings in Marriott International by 3.5% in the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 1,259 shares of the company's stock valued at $300,000 after purchasing an additional 43 shares during the period. Finally, Obsidian Personal Planning Solutions LLC boosted its holdings in Marriott International by 2.2% in the 4th quarter. Obsidian Personal Planning Solutions LLC now owns 2,019 shares of the company's stock valued at $587,000 after purchasing an additional 44 shares during the period. 70.70% of the stock is owned by institutional investors and hedge funds.

Marriott International Trading Down 0.5%

Shares of Marriott International stock traded down $1.44 during mid-day trading on Friday, reaching $266.50. 1,051,626 shares of the stock were exchanged, compared to its average volume of 1,651,137. The company has a market cap of $72.34 billion, a price-to-earnings ratio of 30.05, a price-to-earnings-growth ratio of 2.59 and a beta of 1.38. The firm has a 50-day simple moving average of $269.25 and a 200 day simple moving average of $257.88. Marriott International, Inc. has a fifty-two week low of $205.40 and a fifty-two week high of $307.52.

Marriott International (NASDAQ:MAR - Get Free Report) last announced its earnings results on Tuesday, August 5th. The company reported $2.65 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $2.65. The business had revenue of $6.74 billion during the quarter, compared to analysts' expectations of $6.66 billion. Marriott International had a net margin of 9.60% and a negative return on equity of 93.44%. The firm's revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter last year, the company posted $2.50 EPS. Marriott International has set its FY 2025 guidance at 9.850-10.080 EPS. Q3 2025 guidance at 2.310-2.390 EPS. On average, research analysts predict that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Thursday, August 21st will be given a dividend of $0.67 per share. The ex-dividend date is Thursday, August 21st. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.0%. Marriott International's dividend payout ratio (DPR) is 30.21%.

Marriott International announced that its board has authorized a stock repurchase plan on Thursday, August 7th that authorizes the company to repurchase 25,000,000 shares. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its stock is undervalued.

Analyst Ratings Changes

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

Insider Activity

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

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.