Shelton Capital Management Sells 8,770 Shares of Marriott International, Inc. $MAR

Shelton Capital Management cut its stake in Marriott International, Inc. (NASDAQ:MAR) by 19.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,079 shares of the company’s stock after selling 8,770 shares during the period. Shelton Capital Management’s holdings in Marriott International were worth $9,857,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of MAR. AlphaQuest LLC grew its stake in Marriott International by 2,750.0% during the second quarter. AlphaQuest LLC now owns 114 shares of the company’s stock worth $31,000 after buying an additional 110 shares in the last quarter. Addison Advisors LLC acquired a new stake in shares of Marriott International during the 2nd quarter worth approximately $34,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in Marriott International in the second quarter valued at approximately $38,000. Westside Investment Management Inc. raised its position in Marriott International by 198.0% during the second quarter. Westside Investment Management Inc. now owns 149 shares of the company’s stock valued at $41,000 after purchasing an additional 99 shares in the last quarter. Finally, Quaker Wealth Management LLC boosted its holdings in shares of Marriott International by 203.4% in the 2nd quarter. Quaker Wealth Management LLC now owns 150 shares of the company’s stock valued at $41,000 after purchasing an additional 295 shares in the last quarter. Institutional investors own 70.70% of the company’s stock.

Insider Buying and Selling

In related news, EVP Rena Hozore Reiss sold 5,483 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $287.11, for a total value of $1,574,224.13. Following the sale, the executive vice president directly owned 39,360 shares in the company, valued at $11,300,649.60. This represents a 12.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider William P. Brown sold 6,666 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $280.04, for a total transaction of $1,866,746.64. Following the transaction, the insider owned 11,000 shares of the company’s stock, valued at approximately $3,080,440. The trade was a 37.73% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 86,672 shares of company stock valued at $25,174,655 over the last 90 days. 10.68% of the stock is currently owned by corporate insiders.

Marriott International Price Performance

MAR opened at $305.05 on Monday. Marriott International, Inc. has a fifty-two week low of $205.40 and a fifty-two week high of $307.52. The company’s 50 day moving average price is $274.66 and its two-hundred day moving average price is $270.00. The firm has a market capitalization of $81.86 billion, a price-to-earnings ratio of 32.21, a PEG ratio of 2.95 and a beta of 1.36.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings results on Tuesday, November 4th. The company reported $2.47 EPS for the quarter, topping analysts’ consensus estimates of $2.38 by $0.09. The company had revenue of $1.73 billion for the quarter, compared to analyst estimates of $6.46 billion. Marriott International had a net margin of 10.07% and a negative return on equity of 89.29%. Marriott International has set its Q4 2025 guidance at 2.540-2.620 EPS. FY 2025 guidance at 9.980-10.060 EPS. As a group, equities research analysts predict that Marriott International, Inc. will post 10.1 EPS for the current year.

Marriott International declared that its board has authorized a stock buyback program on Thursday, August 7th that allows the company to repurchase 25,000,000 shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its stock is undervalued.

Marriott International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Thursday, November 20th will be paid a $0.67 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $2.68 annualized dividend and a dividend yield of 0.9%. Marriott International’s dividend payout ratio is presently 28.30%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on MAR. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a research report on Wednesday, October 8th. Morgan Stanley reduced their price target on shares of Marriott International from $302.00 to $296.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 22nd. Barclays upped their price objective on shares of Marriott International from $262.00 to $274.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 5th. BMO Capital Markets raised their target price on shares of Marriott International from $280.00 to $285.00 and gave the company a “market perform” rating in a research report on Wednesday, November 5th. Finally, Wells Fargo & Company initiated coverage on shares of Marriott International in a report on Tuesday, November 18th. They set an “overweight” rating and a $329.00 price target for the company. Three research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $289.87.

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.