Hilltop National Bank Takes $164,000 Position in Marriott International, Inc. $MAR

Hilltop National Bank acquired a new position in Marriott International, Inc. (NASDAQ:MAR) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 600 shares of the company’s stock, valued at approximately $164,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC increased its position in shares of Marriott International by 2.5% during the 4th quarter. Brighton Jones LLC now owns 8,887 shares of the company’s stock valued at $2,479,000 after purchasing an additional 218 shares during the last quarter. NBC Securities Inc. increased its holdings in Marriott International by 53,700.0% during the first quarter. NBC Securities Inc. now owns 1,614 shares of the company’s stock valued at $384,000 after buying an additional 1,611 shares during the last quarter. Merit Financial Group LLC raised its position in Marriott International by 33.1% in the first quarter. Merit Financial Group LLC now owns 5,587 shares of the company’s stock worth $1,331,000 after acquiring an additional 1,390 shares during the period. Pitti Group Wealth Management LLC boosted its stake in shares of Marriott International by 2.8% during the 1st quarter. Pitti Group Wealth Management LLC now owns 2,457 shares of the company’s stock worth $585,000 after acquiring an additional 67 shares during the last quarter. Finally, Constitution Capital LLC grew its position in shares of Marriott International by 81.8% during the 1st quarter. Constitution Capital LLC now owns 2,000 shares of the company’s stock valued at $476,000 after acquiring an additional 900 shares during the period. 70.70% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on MAR shares. Barclays lowered their target price on Marriott International from $276.00 to $262.00 and set an “equal weight” rating on the stock in a research report on Friday. Truist Financial boosted their price objective on Marriott International from $273.00 to $278.00 and gave the company a “hold” rating in a research note on Wednesday, September 3rd. JPMorgan Chase & Co. assumed coverage on shares of Marriott International in a research note on Monday, June 23rd. They set a “neutral” rating and a $284.00 target price on the stock. BMO Capital Markets dropped 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 report on Wednesday, August 6th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a research report on Saturday, September 27th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $282.63.

Marriott International Stock Performance

Shares of NASDAQ:MAR opened at $267.57 on Friday. The firm has a market cap of $72.63 billion, a price-to-earnings ratio of 30.17, a P/E/G ratio of 2.64 and a beta of 1.35. The firm has a fifty day moving average price of $265.31 and a 200 day moving average price of $258.31. Marriott International, Inc. has a fifty-two week low of $205.40 and a fifty-two week high of $307.52.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $2.65 EPS for the quarter, hitting the consensus estimate of $2.65. The business had revenue of $6.74 billion for 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 quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $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, research analysts predict that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International announced that its Board of Directors has authorized a stock repurchase program on Thursday, August 7th that allows the company to repurchase 25,000,000 outstanding shares. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

Marriott International Announces Dividend

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

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.