Alpha Omega Wealth Management LLC Invests $1.23 Million in Marriott International, Inc. $MAR

Key Points

• Alpha Omega Wealth Management LLC has invested approximately $1.23 million in Marriott International, Inc. ($MAR), acquiring 4,513 shares during the 2nd quarter.
• Marriott International recently reported a quarterly revenue of $6.74 billion, surpassing estimates, and maintained a net margin of 9.60% with a stable EPS of $2.65.
• The company declared a $0.67 quarterly dividend, with a yield of 1.0% and a payout ratio of 30.21%, scheduled to be paid on September 30th.

Alpha Omega Wealth Management LLC acquired a new position in Marriott International, Inc. (NASDAQ:MAR - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 4,513 shares of the company's stock, valued at approximately $1,233,000.

Several other institutional investors have also recently made changes to their positions in the business. Occidental Asset Management LLC bought a new position in shares of Marriott International in the 2nd quarter worth approximately $222,000. Foster Group Inc. bought a new position in shares of Marriott International in the 2nd quarter worth approximately $214,000. GAMMA Investing LLC lifted its stake in shares of Marriott International by 25.0% in the 2nd quarter. GAMMA Investing LLC now owns 3,842 shares of the company's stock worth $1,050,000 after purchasing an additional 769 shares during the period. Park Avenue Securities LLC bought a new stake in Marriott International during the 2nd quarter worth approximately $970,000. Finally, Border to Coast Pensions Partnership Ltd raised its stake in Marriott International by 12.2% during the 2nd quarter. Border to Coast Pensions Partnership Ltd now owns 171,235 shares of the company's stock worth $46,783,000 after acquiring an additional 18,626 shares during the period. Institutional investors own 70.70% of the company's stock.

Marriott International Stock Performance

MAR stock opened at $264.10 on Tuesday. The firm has a fifty day moving average price of $267.12 and a 200 day moving average price of $257.26. Marriott International, Inc. has a fifty-two week low of $205.40 and a fifty-two week high of $307.52. The firm has a market cap of $71.69 billion, a PE ratio of 29.77, a price-to-earnings-growth ratio of 2.65 and a beta of 1.38.

Marriott International (NASDAQ:MAR - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $2.65 EPS for the quarter, hitting 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 firm earned $2.50 earnings per share. Marriott International'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. On average, equities analysts predict that Marriott International, Inc. will post 10.1 EPS for the current year.

Marriott International declared that its board has authorized a share buyback plan on Thursday, August 7th that permits the company to buyback 25,000,000 outstanding shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's leadership believes its stock is undervalued.

Marriott International Dividend Announcement

The company 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 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 yield of 1.0%. Marriott International's payout ratio is 30.21%.

Analyst Ratings Changes

MAR has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. initiated coverage on shares of Marriott International in a research note on Monday, June 23rd. They set a "neutral" rating and a $284.00 target price on the stock. BMO Capital Markets decreased their target price on shares of Marriott International from $285.00 to $280.00 and set a "market perform" rating on the stock in a research note on Wednesday, August 6th. Truist Financial raised their target price on shares of Marriott International from $273.00 to $278.00 and gave the stock a "hold" rating in a research note on Wednesday, September 3rd. Finally, Robert W. Baird raised their target price on shares of Marriott International from $285.00 to $287.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 20th. Two 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 stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $281.26.

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.

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