Marriott International, Inc. $MAR Shares Sold by Unio Capital LLC

Key Points

• Unio Capital LLC reduced its stake in Marriott International by 2.8% during Q1, now holding approximately $9.11 million worth of shares.
• Marriott International recently announced a quarterly dividend of $0.67, representing an annualized yield of 1.0%, along with a share buyback plan authorizing the repurchase of up to 25 million shares.
• Analyst ratings for Marriott International include upgrades to a "buy" rating by Jefferies Financial Group, while the stock maintains an average price target of $281.26.

Unio Capital LLC lessened its stake in Marriott International, Inc. (NASDAQ:MAR - Free Report) by 2.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 38,256 shares of the company's stock after selling 1,112 shares during the quarter. Marriott International comprises about 3.5% of Unio Capital LLC's holdings, making the stock its 16th largest holding. Unio Capital LLC's holdings in Marriott International were worth $9,113,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently made changes to their positions in MAR. Bernard Wealth Management Corp. acquired a new stake in shares of Marriott International in the fourth quarter valued at approximately $25,000. Morse Asset Management Inc acquired a new stake in shares of Marriott International in the first quarter valued at approximately $30,000. Sound Income Strategies LLC grew its position in Marriott International by 46.7% in the first quarter. Sound Income Strategies LLC now owns 157 shares of the company's stock worth $37,000 after acquiring an additional 50 shares during the period. Heck Capital Advisors LLC purchased a new position in Marriott International in the fourth quarter worth approximately $38,000. Finally, Center for Financial Planning Inc. grew its position in Marriott International by 468.6% in the first quarter. Center for Financial Planning Inc. now owns 199 shares of the company's stock worth $47,000 after acquiring an additional 164 shares during the period. Institutional investors and hedge funds own 70.70% of the company's stock.

Analyst Ratings Changes

Several research analysts recently weighed in on MAR shares. Jefferies Financial Group upgraded Marriott International from a "hold" rating to a "buy" rating and increased their price objective for the stock from $226.00 to $303.00 in a research report on Monday, May 12th. UBS Group lowered 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 increased their price objective on Marriott International from $273.00 to $278.00 and gave the stock a "hold" rating in a research report on Wednesday. BMO Capital Markets lowered their price objective 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. Finally, JPMorgan Chase & Co. initiated coverage on Marriott International in a research report on Monday, June 23rd. They issued a "neutral" rating and a $284.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $281.26.

Insider Transactions at Marriott International

In related news, insider Rajeev Menon sold 2,500 shares of Marriott International 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 transaction, the insider directly owned 5,706 shares in the company, 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 document filed with the SEC, which is accessible through this hyperlink. Company insiders own 10.68% of the company's stock.

Marriott International Stock Down 1.5%

MAR opened at $264.70 on Friday. Marriott International, Inc. has a 52 week low of $205.40 and a 52 week high of $307.52. The business has a fifty day simple moving average of $270.18 and a 200-day simple moving average of $258.14. The firm has a market cap of $71.86 billion, a P/E ratio of 29.84, a P/E/G ratio of 2.61 and a beta of 1.38.

Marriott International (NASDAQ:MAR - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported $2.65 EPS for the quarter, hitting the consensus estimate 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 during the quarter, compared to analyst estimates of $6.66 billion. During the same period last year, the business posted $2.50 earnings per share. The company's quarterly revenue was up 4.7% on a year-over-year basis. 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 expect that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Dividend Announcement

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

Marriott International declared that its board has initiated a share buyback plan on Thursday, August 7th that authorizes the company to repurchase 25,000,000 shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's management believes its stock is undervalued.

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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