Family Capital Management Inc. Invests $354,000 in Marriott International, Inc. $MAR

Key Points

• Family Capital Management Inc. invested approximately $354,000 in Marriott International, acquiring 1,297 shares during the 2nd quarter.
• Marriott International's stock is currently valued at $268.43, with analysts providing mixed ratings, including two Strong Buy and twelve Hold ratings.
• The company recently announced a quarterly dividend of $0.67 per share, reflecting an annual yield of 1.0% and a payout ratio of 30.21%.

Family Capital Management Inc. acquired a new position in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 1,297 shares of the company's stock, valued at approximately $354,000.

Other hedge funds have also modified their holdings of the company. Morse Asset Management Inc purchased a new stake in shares of Marriott International during the 1st quarter worth approximately $30,000. Banque Transatlantique SA bought a new stake in shares of Marriott International in the 1st quarter valued at approximately $52,000. McClarren Financial Advisors Inc. bought a new stake in shares of Marriott International in the 1st quarter valued at approximately $57,000. Hazlett Burt & Watson Inc. lifted its stake in shares of Marriott International by 32.9% in the 1st quarter. Hazlett Burt & Watson Inc. now owns 295 shares of the company's stock valued at $70,000 after purchasing an additional 73 shares during the last quarter. Finally, Assetmark Inc. lifted its stake in shares of Marriott International by 30.2% in the 1st quarter. Assetmark Inc. now owns 293 shares of the company's stock valued at $70,000 after purchasing an additional 68 shares during the last quarter. 70.70% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently commented on MAR shares. Weiss Ratings reiterated a "buy (b-)" rating on shares of Marriott International in a report on Wednesday, October 8th. Barclays decreased their price target on Marriott International from $276.00 to $262.00 and set an "equal weight" rating for the company in a research note on Friday, October 3rd. Truist Financial raised their price target on Marriott International from $273.00 to $278.00 and gave the stock a "hold" rating in a research note on Wednesday, September 3rd. Robert W. Baird decreased their price target on Marriott International from $287.00 to $285.00 and set a "neutral" rating for the company in a research note on Tuesday. Finally, BMO Capital Markets decreased their price target on 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. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $281.56.

Marriott International Stock Up 3.2%

Shares of NASDAQ MAR opened at $268.43 on Wednesday. The business has a fifty day simple moving average of $265.63 and a two-hundred day simple moving average of $260.54. The firm has a market cap of $72.87 billion, a PE ratio of 30.26, a price-to-earnings-growth ratio of 2.56 and a beta of 1.35. Marriott International, Inc. has a twelve month low of $205.40 and a twelve month high of $307.52.

Marriott International (NASDAQ:MAR - Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $2.65 earnings per share for the quarter, meeting analysts' consensus estimates of $2.65. The business had revenue of $6.74 billion during the quarter, compared to analyst estimates of $6.66 billion. Marriott International had a negative return on equity of 93.44% and a net margin of 9.60%.Marriott International's revenue was up 4.7% on a year-over-year basis. During the same period in the previous 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 expect that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International declared that its Board of Directors has initiated a share buyback plan on Thursday, August 7th that authorizes the company to repurchase 25,000,000 outstanding shares. This repurchase authorization authorizes the company to repurchase 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.

Marriott International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, August 21st were given a dividend of $0.67 per share. The ex-dividend date of this dividend was 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%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.