KFA Private Wealth Group LLC Makes New $396,000 Investment in Marriott International, Inc. $MAR

Key Points

• KFA Private Wealth Group LLC has made a new investment in Marriott International, purchasing 1,450 shares valued at approximately $396,000 in the 2nd quarter.
• Marriott International reported $6.74 billion in revenue for the last quarter, surpassing analysts' expectations, with earnings per share (EPS) of $2.65.
• The company has authorized a stock repurchase plan for up to 25 million shares, indicating confidence in its stock valuation.

KFA Private Wealth Group LLC purchased a new position in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,450 shares of the company's stock, valued at approximately $396,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Brighton Jones LLC lifted its holdings in shares of Marriott International by 2.5% in the fourth 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 in the last quarter. Focus Financial Network Inc. lifted its stake in Marriott International by 2.6% in the 1st quarter. Focus Financial Network Inc. now owns 2,031 shares of the company's stock valued at $484,000 after buying an additional 52 shares in the last quarter. Simon Quick Advisors LLC lifted its stake in Marriott International by 14.1% in the 1st quarter. Simon Quick Advisors LLC now owns 1,086 shares of the company's stock valued at $259,000 after buying an additional 134 shares in the last quarter. Fifth Third Bancorp lifted its stake in Marriott International by 5.1% in the 1st quarter. Fifth Third Bancorp now owns 99,593 shares of the company's stock valued at $23,723,000 after buying an additional 4,833 shares in the last quarter. Finally, Dodds Wealth LLC lifted its position in shares of Marriott International by 16.6% in the first quarter. Dodds Wealth LLC now owns 1,763 shares of the company's stock valued at $420,000 after acquiring an additional 251 shares in the last quarter. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

Marriott International Trading Down 2.2%

Shares of MAR opened at $260.20 on Friday. The stock's fifty day simple moving average is $265.21 and its 200 day simple moving average is $259.02. The firm has a market capitalization of $70.63 billion, a P/E ratio of 29.33, a price-to-earnings-growth ratio of 2.62 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 released its quarterly earnings data on Tuesday, August 5th. The company reported $2.65 EPS for the quarter, hitting analysts' consensus estimates 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 the consensus estimate of $6.66 billion. During the same period last year, the business posted $2.50 EPS. The company'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. Sell-side analysts predict that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International declared that its board has approved a stock repurchase 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. Shares repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

Marriott International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, August 21st were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Thursday, August 21st. Marriott International's dividend payout ratio (DPR) is currently 30.21%.

Wall Street Analyst Weigh In

MAR has been the topic of several recent research reports. BMO Capital Markets reduced their price objective on Marriott International from $285.00 to $280.00 and set a "market perform" rating on the stock in a research report on Wednesday, August 6th. Barclays reduced their target price on shares of Marriott International from $276.00 to $262.00 and set an "equal weight" rating on the stock in a report on Friday, October 3rd. Truist Financial upped 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. Weiss Ratings reissued a "buy (b-)" rating on shares of Marriott International in a research note on Wednesday. Finally, JPMorgan Chase & Co. started coverage on shares of Marriott International in a research note on Monday, June 23rd. They set a "neutral" rating and a $284.00 price objective on the stock. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have given a Hold rating to the company's stock. According to data from MarketBeat.com, Marriott International presently has an average rating of "Moderate Buy" and a consensus price target of $282.63.

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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