Marriott International, Inc. $MAR Shares Sold by GHP Investment Advisors Inc.

GHP Investment Advisors Inc. reduced its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 2.9% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 11,136 shares of the company’s stock after selling 336 shares during the quarter. GHP Investment Advisors Inc.’s holdings in Marriott International were worth $3,042,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in MAR. Aviance Capital Partners LLC purchased a new stake in Marriott International during the 2nd quarter valued at about $488,000. Mesirow Financial Investment Management Inc. grew its stake in Marriott International by 2.9% during the 2nd quarter. Mesirow Financial Investment Management Inc. now owns 4,394 shares of the company’s stock valued at $1,201,000 after purchasing an additional 122 shares during the last quarter. Simon Quick Advisors LLC grew its stake in Marriott International by 28.3% during the 2nd quarter. Simon Quick Advisors LLC now owns 1,393 shares of the company’s stock valued at $381,000 after purchasing an additional 307 shares during the last quarter. Strs Ohio grew its stake in Marriott International by 6.5% during the 2nd quarter. Strs Ohio now owns 80,548 shares of the company’s stock valued at $22,007,000 after purchasing an additional 4,896 shares during the last quarter. Finally, Heritage Investors Management Corp grew its stake in Marriott International by 0.3% during the 2nd quarter. Heritage Investors Management Corp now owns 232,732 shares of the company’s stock valued at $63,585,000 after purchasing an additional 668 shares during the last quarter. 70.70% of the stock is owned by institutional investors and hedge funds.

Marriott International Price Performance

Shares of Marriott International stock opened at $260.58 on Monday. The business has a 50 day simple moving average of $265.66 and a two-hundred day simple moving average of $263.65. Marriott International, Inc. has a 12 month low of $205.40 and a 12 month high of $307.52. The stock has a market capitalization of $70.74 billion, a P/E ratio of 29.38, a PEG ratio of 2.69 and a beta of 1.36.

Marriott International (NASDAQ:MAR) last announced its earnings results on Tuesday, August 5th. The company reported $2.65 EPS for the quarter, meeting analysts’ consensus estimates 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 analysts’ expectations of $6.66 billion. During the same quarter in the prior year, the firm earned $2.50 earnings per share. The business’s revenue was up 4.7% compared to the same quarter last year. 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 anticipate that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International announced that its board has approved a stock repurchase plan on Thursday, August 7th that authorizes the company to repurchase 25,000,000 shares. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its shares are undervalued.

Marriott International Dividend Announcement

The company also recently announced 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 dividend yield of 1.0%. Marriott International’s dividend payout ratio is presently 30.21%.

Analyst Ratings Changes

Several analysts have weighed in on the company. BMO Capital Markets dropped their price target on Marriott International from $285.00 to $280.00 and set a “market perform” rating on the stock in a research note on Wednesday, August 6th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Marriott International in a research note on Wednesday, October 8th. 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 note on Friday, October 3rd. Truist Financial upped their target price on Marriott International from $273.00 to $278.00 and gave the stock a “hold” rating in a research note on Wednesday, September 3rd. Finally, Morgan Stanley lowered their target price on Marriott International from $302.00 to $296.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 22nd. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $283.17.

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.