Eads & Heald Wealth Management Sells 511 Shares of Marriott International, Inc. $MAR

Eads & Heald Wealth Management lessened its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 9.1% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,102 shares of the company’s stock after selling 511 shares during the quarter. Eads & Heald Wealth Management’s holdings in Marriott International were worth $1,394,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Marriott International by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 20,236,478 shares of the company’s stock worth $4,820,329,000 after purchasing an additional 184,387 shares in the last quarter. Wellington Management Group LLP raised its position in shares of Marriott International by 16.4% during the 1st quarter. Wellington Management Group LLP now owns 5,427,410 shares of the company’s stock valued at $1,292,809,000 after purchasing an additional 766,309 shares during the period. Invesco Ltd. boosted its stake in shares of Marriott International by 18.9% in the first quarter. Invesco Ltd. now owns 4,123,836 shares of the company’s stock worth $982,298,000 after acquiring an additional 654,766 shares during the period. Alliancebernstein L.P. grew its position in shares of Marriott International by 194.7% during the first quarter. Alliancebernstein L.P. now owns 1,709,665 shares of the company’s stock worth $407,242,000 after purchasing an additional 1,129,555 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Marriott International by 2.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,514,831 shares of the company’s stock worth $360,833,000 after purchasing an additional 37,212 shares in the last quarter. 70.70% of the stock is currently owned by institutional investors.

Marriott International Price Performance

Shares of MAR opened at $267.57 on Monday. The stock has a market cap of $72.63 billion, a PE ratio of 30.17, a P/E/G ratio of 2.64 and a beta of 1.35. The firm has a 50-day simple moving average of $265.31 and a two-hundred day simple moving average of $258.40. Marriott International, Inc. has a 1-year low of $205.40 and a 1-year high of $307.52.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $2.65 EPS for the quarter, meeting the consensus estimate of $2.65. The company 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 firm’s revenue was up 4.7% compared to the same quarter last year. During the same quarter 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, sell-side analysts expect that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, August 21st were issued a dividend of $0.67 per share. The ex-dividend date of this dividend was 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 presently 30.21%.

Marriott International announced that its board has authorized 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 purchase shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. BMO Capital Markets cut their target price on shares of Marriott International from $285.00 to $280.00 and set a “market perform” rating for the company in a research note on Wednesday, August 6th. Barclays decreased their price objective on Marriott International from $276.00 to $262.00 and set an “equal weight” rating on the stock in a report on Friday. JPMorgan Chase & Co. initiated coverage on shares of Marriott International in a research note on Monday, June 23rd. They set a “neutral” rating and a $284.00 price target on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a report on Saturday, September 27th. Finally, Robert W. Baird boosted their target price on Marriott International from $285.00 to $287.00 and gave the company a “neutral” rating in a research report on Wednesday, August 20th. Two 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 company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $282.63.

About Marriott International

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.