Marriott International, Inc. $MAR Shares Sold by Dimensional Fund Advisors LP

Key Points

• Dimensional Fund Advisors LP reduced its stake in Marriott International by 0.6% during the first quarter, now holding 646,015 shares valued at approximately $153.86 million.
• Marriott reported $2.65 EPS for the last quarter, meeting analyst expectations, with revenues increasing by 4.7% year-over-year to $6.74 billion.
• The company announced a new stock repurchase program authorizing the buyback of 25 million shares, signaling confidence in its undervalued stock.

Dimensional Fund Advisors LP trimmed its position in Marriott International, Inc. (NASDAQ:MAR - Free Report) by 0.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 646,015 shares of the company's stock after selling 4,068 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.24% of Marriott International worth $153,856,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of MAR. Motley Fool Asset Management LLC lifted its holdings in Marriott International by 0.3% during the 1st quarter. Motley Fool Asset Management LLC now owns 12,824 shares of the company's stock worth $3,055,000 after buying an additional 39 shares during the last quarter. 4J Wealth Management LLC lifted its stake in Marriott International by 3.6% during the first quarter. 4J Wealth Management LLC now owns 1,224 shares of the company's stock worth $292,000 after purchasing an additional 43 shares during the last quarter. Obsidian Personal Planning Solutions LLC increased its stake in Marriott International by 2.2% in the fourth quarter. Obsidian Personal Planning Solutions LLC now owns 2,019 shares of the company's stock valued at $587,000 after purchasing an additional 44 shares during the last quarter. Harbour Investments Inc. raised its holdings in Marriott International by 6.6% during the first quarter. Harbour Investments Inc. now owns 758 shares of the company's stock worth $180,000 after purchasing an additional 47 shares in the last quarter. Finally, Sound Income Strategies LLC lifted its position in shares of Marriott International by 46.7% during the 1st quarter. Sound Income Strategies LLC now owns 157 shares of the company's stock worth $37,000 after buying an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 70.70% of the company's stock.

Marriott International Stock Down 1.2%

MAR opened at $263.53 on Thursday. The business has a 50 day moving average price of $268.94 and a two-hundred day moving average price of $260.38. Marriott International, Inc. has a 52 week low of $205.40 and a 52 week high of $307.52. The company has a market cap of $71.54 billion, a PE ratio of 29.71, a P/E/G ratio of 2.62 and a beta of 1.44.

Marriott International (NASDAQ:MAR - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported $2.65 earnings per share (EPS) for the quarter, meeting 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 business had revenue of $6.74 billion for the quarter, compared to analyst estimates of $6.66 billion. During the same quarter in the previous year, the company posted $2.50 earnings per share. The company's revenue for the quarter 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. As a group, sell-side analysts expect that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International announced that its Board of Directors has approved a stock repurchase program on Thursday, August 7th that authorizes the company to buyback 25,000,000 outstanding shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its shares are undervalued.

Marriott International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Thursday, August 21st will be issued a $0.67 dividend. 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 payout ratio is presently 30.21%.

Insider Transactions at Marriott International

In other news, insider Rajeev Menon sold 2,500 shares of the stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of $268.28, for a total transaction of $670,700.00. Following the completion of the transaction, the insider directly owned 5,706 shares of the company's stock, valued at approximately $1,530,805.68. This represents a 30.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Anthony Capuano sold 12,000 shares of Marriott International stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $263.90, for a total value of $3,166,800.00. Following the completion of the sale, the chief executive officer owned 124,067 shares in the company, valued at approximately $32,741,281.30. This trade represents a 8.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 10.68% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Jefferies Financial Group upgraded shares of Marriott International from a "hold" rating to a "buy" rating and lifted their price target for the stock from $226.00 to $303.00 in a research note on Monday, May 12th. Mizuho cut their target price on Marriott International from $293.00 to $285.00 and set a "neutral" rating on the stock in a research report on Wednesday, May 7th. JPMorgan Chase & Co. began coverage on Marriott International in a research report on Monday, June 23rd. They issued a "neutral" rating and a $284.00 target price for the company. Dbs Bank raised Marriott International from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, May 14th. Finally, BMO Capital Markets decreased their price objective on Marriott International from $285.00 to $280.00 and set a "market perform" rating for the company in a report on Wednesday, August 6th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average 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.

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