Nomura Holdings Inc. Has $955,000 Stock Holdings in Marriott International, Inc. $MAR

Key Points

• Nomura Holdings Inc. reduced its stake in Marriott International, Inc. by 79.9% in Q1, now holding only 4,008 shares, valued at approximately $955,000.
• Marriott International reported a quarterly revenue of $6.74 billion, surpassing analyst expectations, and a net margin of 9.60%.
• The company has initiated a stock buyback program authorizing the repurchase of 25 million shares, indicating management's belief that the stock may be undervalued.

Nomura Holdings Inc. reduced its position in Marriott International, Inc. (NASDAQ:MAR - Free Report) by 79.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,008 shares of the company's stock after selling 15,930 shares during the quarter. Nomura Holdings Inc.'s holdings in Marriott International were worth $955,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. CreativeOne Wealth LLC raised its position in Marriott International by 2.1% in the 1st quarter. CreativeOne Wealth LLC now owns 1,831 shares of the company's stock worth $436,000 after purchasing an additional 38 shares during the period. Motley Fool Asset Management LLC increased its position in shares of Marriott International by 0.3% in the 1st quarter. Motley Fool Asset Management LLC now owns 12,824 shares of the company's stock valued at $3,055,000 after acquiring an additional 39 shares during the period. 4J Wealth Management LLC raised its position in shares of Marriott International by 3.6% during the 1st 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. Pinnacle Wealth Planning Services Inc. lifted its holdings in shares of Marriott International by 3.5% in the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 1,259 shares of the company's stock worth $300,000 after acquiring an additional 43 shares during the last quarter. Finally, Obsidian Personal Planning Solutions LLC increased its position in shares of Marriott International by 2.2% during the fourth quarter. Obsidian Personal Planning Solutions LLC now owns 2,019 shares of the company's stock worth $587,000 after purchasing an additional 44 shares in the last quarter. Institutional investors and hedge funds own 70.70% of the company's stock.

Insider Transactions at Marriott International

In other news, insider Rajeev Menon sold 2,500 shares of the stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $268.28, for a total value of $670,700.00. Following the completion of the transaction, the insider owned 5,706 shares in the company, valued at $1,530,805.68. This trade represents a 30.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 10.68% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have commented on MAR. UBS Group lowered their target price on shares of Marriott International from $302.00 to $299.00 and set a "neutral" rating for the company in a research note on Wednesday, May 21st. Jefferies Financial Group raised Marriott International from a "hold" rating to a "buy" rating and raised their target price for the company from $226.00 to $303.00 in a report on Monday, May 12th. JPMorgan Chase & Co. initiated coverage on shares of Marriott International in a research report on Monday, June 23rd. They set a "neutral" rating and a $284.00 price target for the company. Robert W. Baird raised their price target on shares of Marriott International from $285.00 to $287.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 20th. Finally, BMO Capital Markets reduced their price objective on shares of 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. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat, Marriott International currently has a consensus rating of "Moderate Buy" and a consensus target price of $281.26.

Marriott International Price Performance

MAR stock traded up $1.86 during trading on Monday, hitting $266.56. 554,628 shares of the stock traded hands, compared to its average volume of 1,658,747. Marriott International, Inc. has a 1 year low of $205.40 and a 1 year high of $307.52. The stock has a market cap of $72.36 billion, a price-to-earnings ratio of 30.07, a price-to-earnings-growth ratio of 2.61 and a beta of 1.38. The firm's 50 day moving average is $270.18 and its two-hundred day moving average is $257.93.

Marriott International (NASDAQ:MAR - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $2.65 EPS for the quarter, hitting analysts' consensus estimates of $2.65. The business had revenue of $6.74 billion during the quarter, compared to analysts' expectations of $6.66 billion. Marriott International had a net margin of 9.60% and a negative return on equity of 93.44%. The business's revenue was up 4.7% on a year-over-year basis. During the same period last year, the company posted $2.50 EPS. 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, analysts anticipate 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 buyback plan on Thursday, August 7th that permits the company to repurchase 25,000,000 shares. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board believes its shares are undervalued.

Marriott International Announces Dividend

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

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.