Lansdowne Partners UK LLP Has $485,000 Position in Marriott International, Inc. $MAR

Key Points

• Lansdowne Partners UK LLP drastically reduced its stake in Marriott International by 80.4%, selling 8,366 shares and owning just 2,036 shares now, making it only 0.1% of their holdings.
• Vanguard Group Inc. and others increased their positions in Marriott International, with Vanguard acquiring an additional 184,387 shares, totaling 20,236,478 shares worth approximately $4.82 billion.
• Marriott reported a quarterly revenue of $6.74 billion and EPS of $2.65, while also announcing a share buyback plan and a $0.67 quarterly dividend.

Lansdowne Partners UK LLP trimmed its position in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) by 80.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,036 shares of the company's stock after selling 8,366 shares during the period. Marriott International makes up 0.1% of Lansdowne Partners UK LLP's portfolio, making the stock its 18th biggest holding. Lansdowne Partners UK LLP's holdings in Marriott International were worth $485,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of Marriott International by 0.9% in the first quarter. Vanguard Group Inc. now owns 20,236,478 shares of the company's stock valued at $4,820,329,000 after buying an additional 184,387 shares during the period. Wellington Management Group LLP lifted its position in shares of Marriott International by 16.4% in the 1st quarter. Wellington Management Group LLP now owns 5,427,410 shares of the company's stock worth $1,292,809,000 after acquiring an additional 766,309 shares during the period. Invesco Ltd. lifted its position in shares of Marriott International by 18.9% in the 1st quarter. Invesco Ltd. now owns 4,123,836 shares of the company's stock worth $982,298,000 after acquiring an additional 654,766 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Marriott International by 2.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,514,831 shares of the company's stock worth $360,833,000 after acquiring an additional 37,212 shares during the period. Finally, Fundsmith Investment Services LTD. lifted its position in shares of Marriott International by 5.5% in the 4th quarter. Fundsmith Investment Services LTD. now owns 1,504,980 shares of the company's stock worth $419,799,000 after acquiring an additional 78,770 shares during the period. 70.70% of the stock is currently owned by institutional investors.

Marriott International Stock Performance

Shares of NASDAQ MAR traded down $2.39 during mid-day trading on Friday, hitting $267.86. 858,948 shares of the stock were exchanged, compared to its average volume of 1,375,608. The company has a market cap of $72.71 billion, a P/E ratio of 30.20, a PEG ratio of 2.64 and a beta of 1.44. The stock's fifty day simple moving average is $270.40 and its two-hundred day simple moving average is $258.83. 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 posted its quarterly earnings data on Tuesday, August 5th. The company reported $2.65 earnings per share for the quarter, hitting the consensus estimate of $2.65. The company had revenue of $6.74 billion during the quarter, compared to analyst estimates of $6.66 billion. Marriott International had a net margin of 9.60% and a negative return on equity of 93.44%. The company's revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the business posted $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 predict that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International Announces Dividend

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

Marriott International announced that its Board of Directors has authorized a share repurchase plan on Thursday, August 7th that authorizes the company to repurchase 25,000,000 shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.

Analyst Ratings Changes

A number of analysts have commented on the company. UBS Group reduced their price objective on Marriott International from $302.00 to $299.00 and set a "neutral" rating for the company in a research report on Wednesday, May 21st. Truist Financial reduced their price objective on Marriott International from $300.00 to $273.00 and set a "hold" rating for the company in a research report on Friday, May 30th. BMO Capital Markets cut their price target 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. Jefferies Financial Group upgraded shares of Marriott International from a "hold" rating to a "buy" rating and raised their price target for the stock from $226.00 to $303.00 in a research note on Monday, May 12th. Finally, JPMorgan Chase & Co. began coverage on shares of Marriott International in a research note on Monday, June 23rd. They set a "neutral" rating and a $284.00 price target for the company. Two investment 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 data from MarketBeat, Marriott International has a consensus rating of "Moderate Buy" and an average price target of $281.00.

Insider Buying and Selling at Marriott International

In other news, insider Rajeev Menon sold 2,500 shares of the firm's stock in a transaction that occurred on Tuesday, June 24th. The shares were sold at an average price of $268.28, for a total transaction of $670,700.00. Following the completion of the sale, the insider owned 5,706 shares of the company's stock, valued at approximately $1,530,805.68. This trade represents a 30.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 10.68% of the company's stock.

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.