Fjarde AP Fonden Fourth Swedish National Pension Fund Sells 9,100 Shares of Marriott International, Inc. $MAR

Key Points

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Fjarde AP Fonden Fourth Swedish National Pension Fund cut its stake in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) by 26.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,700 shares of the company's stock after selling 9,100 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in Marriott International were worth $5,884,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MAR. Brighton Jones LLC lifted its stake in shares of Marriott International by 2.5% in the 4th quarter. Brighton Jones LLC now owns 8,887 shares of the company's stock valued at $2,479,000 after purchasing an additional 218 shares during the period. Main Street Financial Solutions LLC increased its position in Marriott International by 13.1% in the 4th quarter. Main Street Financial Solutions LLC now owns 1,230 shares of the company's stock valued at $343,000 after buying an additional 142 shares in the last quarter. NewEdge Advisors LLC increased its position in Marriott International by 165.1% in the 4th quarter. NewEdge Advisors LLC now owns 31,922 shares of the company's stock valued at $8,904,000 after buying an additional 19,879 shares in the last quarter. Farringdon Capital Ltd. bought a new stake in Marriott International in the 4th quarter valued at about $548,000. Finally, CANADA LIFE ASSURANCE Co increased its position in Marriott International by 5.2% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 157,246 shares of the company's stock valued at $43,841,000 after buying an additional 7,833 shares in the last quarter. 70.70% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Marriott International

In other Marriott International news, CEO Anthony Capuano sold 12,000 shares of the stock in a transaction on Friday, May 30th. The stock was sold at an average price of $263.90, for a total transaction of $3,166,800.00. Following the sale, the chief executive officer owned 124,067 shares in the company, valued at $32,741,281.30. This represents a 8.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Rajeev Menon sold 2,500 shares of the 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 sale, the insider owned 5,706 shares in the company, valued at $1,530,805.68. This trade represents a 30.47% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 10.68% of the company's stock.

Marriott International Stock Down 1.0%

Marriott International stock traded down $2.5490 during trading on Wednesday, hitting $264.2310. The stock had a trading volume of 525,722 shares, compared to its average volume of 1,695,058. Marriott International, Inc. has a 1 year low of $205.40 and a 1 year high of $307.52. The stock's 50 day moving average is $268.99 and its two-hundred day moving average is $260.36. The stock has a market cap of $71.73 billion, a price-to-earnings ratio of 29.79, a price-to-earnings-growth ratio of 2.62 and a beta of 1.44.

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, meeting the consensus estimate of $2.65. The business had revenue of $6.74 billion for the quarter, compared to the consensus estimate 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 for the quarter was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.50 earnings per share. Marriott International has set its FY 2025 guidance at 9.850-10.080 EPS. Q3 2025 guidance at 2.310-2.390 EPS. As a group, equities research analysts anticipate that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International announced 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 reacquire shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership believes its stock is undervalued.

Marriott International Dividend Announcement

The business also recently announced 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 annualized dividend and a dividend yield of 1.0%. Marriott International's dividend payout ratio is currently 30.21%.

Wall Street Analyst Weigh In

A number of analysts recently commented on MAR shares. BMO Capital Markets decreased their target price on Marriott International from $285.00 to $280.00 and set a "market perform" rating for the company in a research report on Wednesday, August 6th. Morgan Stanley decreased their target price on Marriott International from $275.00 to $267.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. Mizuho decreased their price objective on Marriott International from $293.00 to $285.00 and set a "neutral" rating for the company in a report on Wednesday, May 7th. UBS Group decreased their price objective on Marriott International from $302.00 to $299.00 and set a "neutral" rating for the company in a report on Wednesday, May 21st. Finally, Robert W. Baird boosted their price objective on Marriott International from $285.00 to $287.00 and gave the stock a "neutral" rating in a report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $281.00.

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.