Guggenheim Capital LLC Has $18.99 Million Stock Position in Marriott International, Inc. $MAR

Guggenheim Capital LLC raised its holdings in Marriott International, Inc. (NASDAQ:MAR) by 25.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 69,518 shares of the company’s stock after acquiring an additional 14,117 shares during the period. Guggenheim Capital LLC’s holdings in Marriott International were worth $18,993,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Pallas Capital Advisors LLC increased its stake in shares of Marriott International by 0.4% in the second quarter. Pallas Capital Advisors LLC now owns 8,649 shares of the company’s stock valued at $2,363,000 after buying an additional 37 shares during the period. CreativeOne Wealth LLC grew its holdings in Marriott International by 2.1% during the 1st quarter. CreativeOne Wealth LLC now owns 1,831 shares of the company’s stock worth $436,000 after acquiring an additional 38 shares during the last quarter. Motley Fool Asset Management LLC increased its position in 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. Valmark Advisers Inc. raised its stake in shares of Marriott International by 1.6% during the second quarter. Valmark Advisers Inc. now owns 2,462 shares of the company’s stock valued at $673,000 after acquiring an additional 39 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in Marriott International by 1.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,387 shares of the company’s stock worth $569,000 after purchasing an additional 40 shares during the last quarter. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Rena Hozore Reiss sold 5,483 shares of the firm’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $287.11, for a total value of $1,574,224.13. Following the completion of the sale, the executive vice president owned 39,360 shares in the company, valued at approximately $11,300,649.60. This trade represents a 12.23% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Felitia Lee sold 873 shares of the company’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $301.58, for a total transaction of $263,279.34. Following the transaction, the chief accounting officer owned 6,510 shares in the company, valued at $1,963,285.80. The trade was a 11.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 86,672 shares of company stock valued at $25,174,655. 10.68% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently commented on MAR. Wells Fargo & Company started coverage on Marriott International in a research note on Tuesday, November 18th. They set an “overweight” rating and a $329.00 target price for the company. Weiss Ratings reissued a “buy (b-)” rating on shares of Marriott International in a research report on Wednesday, October 8th. Morgan Stanley dropped 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 report on Wednesday, October 22nd. BMO Capital Markets upped their price objective on shares of Marriott International from $280.00 to $285.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 5th. Finally, Robert W. Baird dropped their target price on shares of Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 21st. Three analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Marriott International presently has a consensus rating of “Moderate Buy” and a consensus target price of $290.20.

Marriott International Trading Down 3.5%

NASDAQ MAR opened at $296.00 on Friday. Marriott International, Inc. has a 12 month low of $205.40 and a 12 month high of $309.42. The stock has a market cap of $79.43 billion, a PE ratio of 31.26, a P/E/G ratio of 2.96 and a beta of 1.16. The stock’s 50 day moving average is $277.89 and its 200 day moving average is $270.88.

Marriott International (NASDAQ:MAR) last released its quarterly earnings data on Tuesday, November 4th. The company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.38 by $0.09. The business had revenue of $1.73 billion during the quarter, compared to the consensus estimate 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 and its FY 2025 guidance at 9.980-10.060 EPS. On average, analysts forecast that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International announced that its board has authorized a stock repurchase plan on Thursday, August 7th that permits the company to repurchase 25,000,000 shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Marriott International Announces Dividend

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

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.