Marriott International, Inc. $MAR Stock: Rakuten Investment Management Inc. Increases Position

Key Points

• Rakuten Investment Management increased its Marriott stake by 9% in the third quarter, adding 5,061 shares to hold 61,243 shares valued at about $22.1 million.
• Marriott reported quarterly adjusted earnings of $3.02 per share, beating estimates of $2.84, while revenue rose 8% year over year to about $7 billion.
• Analysts’ consensus rating is Moderate Buy, with an average price target of $393.04; two Marriott insiders also each sold 3,500 shares.

Rakuten Investment Management Inc. boosted its position in Marriott International, Inc. (NASDAQ:MAR - Free Report) by 9.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,243 shares of the company's stock after buying an additional 5,061 shares during the period. Rakuten Investment Management Inc.'s holdings in Marriott International were worth $22,147,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Kintegral Advisory LLC raised its position in Marriott International by 0.6% in the third quarter. Kintegral Advisory LLC now owns 4,731 shares of the company's stock worth $1,683,000 after acquiring an additional 26 shares in the last quarter. Evergreen Capital Management LLC increased its position in Marriott International by 0.5% during the third quarter. Evergreen Capital Management LLC now owns 5,366 shares of the company's stock worth $1,909,000 after buying an additional 26 shares in the last quarter. World Equity Group Inc. grew its holdings in shares of Marriott International by 2.0% during the second quarter. World Equity Group Inc. now owns 1,437 shares of the company's stock worth $533,000 after buying an additional 28 shares in the last quarter. Founders Financial Securities LLC lifted its stake in shares of Marriott International by 0.8% during the third quarter. Founders Financial Securities LLC now owns 3,493 shares of the company's stock valued at $1,242,000 after buying an additional 28 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in Marriott International by 1.2% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,472 shares of the company's stock worth $808,000 after acquiring an additional 30 shares during the last quarter. Institutional investors and hedge funds own 70.70% of the company's stock.

Insider Transactions at Marriott International

In other Marriott International news, insider David Marriott sold 3,500 shares of Marriott International stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $352.09, for a total value of $1,232,315.00. Following the sale, the insider owned 282,383 shares of the company's stock, valued at $99,424,230.47. This trade represents a 1.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Deborah Harrison sold 3,500 shares of Marriott International stock in a transaction that occurred on Friday, September 25th. The shares were sold at an average price of $352.09, for a total value of $1,232,315.00. Following the completion of the sale, the insider directly owned 282,383 shares in the company, valued at approximately $99,424,230.47. This represents a 1.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 11.43% of the stock is currently owned by corporate insiders.

Marriott International Stock Performance

Shares of NASDAQ:MAR opened at $416.38 on Wednesday. Marriott International, Inc. has a 52 week low of $263.51 and a 52 week high of $433.30. The company's fifty day moving average is $362.52 and its 200-day moving average is $356.68. The company has a market capitalization of $108.58 billion, a PE ratio of 41.55, a P/E/G ratio of 3.06 and a beta of 1.15.

Marriott International (NASDAQ:MAR - Get Free Report) last issued its quarterly earnings data on Monday, November 2nd. The company reported $3.02 EPS for the quarter, topping analysts' consensus estimates of $2.84 by $0.18. The firm had revenue of $7 billion for the quarter, compared to analyst estimates of $6.93 billion. Marriott International had a net margin of 9.68% and a negative return on equity of 73.98%. The company's revenue was up 8.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.47 EPS. On average, analysts forecast that Marriott International, Inc. will post 12.16 EPS for the current year.

Marriott International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, August 20th were issued a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Thursday, August 20th. Marriott International's dividend payout ratio is 30.26%.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. UBS Group cut their target price on Marriott International from $412.00 to $395.00 and set a "neutral" rating on the stock in a research report on Thursday, August 20th. Mizuho dropped their target price on Marriott International from $384.00 to $374.00 and set a "neutral" rating on the stock in a research report on Tuesday, August 4th. Stifel Nicolaus set a $402.00 price objective on shares of Marriott International in a report on Monday. The Goldman Sachs Group upped their price target on Marriott International from $406.00 to $456.00 and gave the company a "buy" rating in a report on Tuesday. Finally, Erste Group Bank assumed coverage on shares of Marriott International in a report on Thursday, August 27th. They set a "buy" rating on the stock. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $393.04.

Marriott International News Roundup

Here are the key news stories impacting Marriott International this week:

• Positive Sentiment: Strong results and raised guidance: Marriott reported adjusted EPS of $3.02, topping estimates, while revenue grew 8% to $7.01 billion. Global RevPAR rose 6.5%, and the company raised its full-year adjusted EPS forecast to $12.07–$12.14, above consensus. Article: Marriott's Earnings Beat Shows Why It's More Than a Bet on Travel Demand
• Positive Sentiment: Fee growth and expansion add support: Gross fee revenue increased 14%, outpacing RevPAR growth. Marriott also reported a record development pipeline of more than 634,000 rooms, while conversions accounted for over 40% of openings year to date—growth that can expand the brand network without Marriott funding hotel construction. Article: Marriott: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Bullish analyst call: Goldman Sachs raised its price target to $456 and maintained a Buy rating, implying potential upside from the cited share price.
• Neutral Sentiment: Other analyst opinions are more cautious: Barclays raised its target to $409 but kept an Equal Weight rating, while Baird’s $414 target came with a Neutral rating. Freedom Broker downgraded Marriott to Hold while raising its target to $439. These calls suggest analysts see less-consistent upside after the stock’s strong run.
• Neutral Sentiment: Marriott is testing an airline-style upgrade list in its Bonvoy app, a potential loyalty-program enhancement; the near-term financial impact is unclear. Article: Marriott Testing Airline-Style Upgrade List in Bonvoy App
• Negative Sentiment: Valuation and regional risks: Shares trade at a high earnings multiple, leaving room for pullbacks if growth disappoints. RevPAR declined in the Middle East and Africa, and was roughly flat in Greater China; debt and interest expense also increased.

Marriott International Company Profile

Marriott International, Inc is a global hospitality company that develops, franchises, licenses and manages hotels, resorts, residences and other lodging properties. Its portfolio includes brands such as Marriott Hotels, Sheraton, Westin, W Hotels, The Ritz-Carlton, St. Regis, JW Marriott, Courtyard, Fairfield by Marriott, Residence Inn and Element. The company also operates Marriott Bonvoy, a travel loyalty program that provides members with benefits and rewards across participating properties and travel experiences.

Marriott traces its origins to 1927, when J.

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