Lazard Freres Gestion S.A.S. Has $49.21 Million Holdings in Marriott International, Inc. $MAR

Lazard Freres Gestion S.A.S. increased its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 1.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 188,950 shares of the company’s stock after purchasing an additional 1,966 shares during the quarter. Lazard Freres Gestion S.A.S.’s holdings in Marriott International were worth $49,210,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of the stock. AlphaQuest LLC boosted its position in Marriott International by 2,750.0% during the second quarter. AlphaQuest LLC now owns 114 shares of the company’s stock valued at $31,000 after purchasing an additional 110 shares during the last quarter. Addison Advisors LLC bought a new stake in shares of Marriott International in the 2nd quarter valued at approximately $34,000. Darwin Wealth Management LLC bought a new position in Marriott International during the second quarter valued at approximately $37,000. Harel Insurance Investments & Financial Services Ltd. bought a new stake in Marriott International in the second quarter worth approximately $38,000. Finally, Quaker Wealth Management LLC boosted its holdings in shares of Marriott International by 203.4% during the 2nd quarter. Quaker Wealth Management LLC now owns 150 shares of the company’s stock worth $41,000 after buying an additional 295 shares during the period. 70.70% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Marriott International

In other Marriott International news, insider William P. Brown sold 6,666 shares of the company’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 completion of the transaction, the insider owned 11,000 shares of the company’s stock, valued at $3,080,440. This represents a 37.73% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Benjamin T. Breland sold 1,650 shares of the business’s stock in a transaction on Friday, November 7th. The stock was sold at an average price of $286.10, for a total transaction of $472,065.00. Following the transaction, the executive vice president owned 18,225 shares in the company, valued at approximately $5,214,172.50. The trade was a 8.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 88,289 shares of company stock worth $25,669,425. Company insiders own 10.68% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on MAR. The Goldman Sachs Group upgraded shares of Marriott International from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $288.00 to $345.00 in a report on Monday, December 15th. Morgan Stanley dropped their price objective 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. Barclays increased their target price on Marriott International from $274.00 to $276.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 17th. Truist Financial lifted their price target on Marriott International from $278.00 to $283.00 and gave the stock a “hold” rating in a research report on Thursday, December 4th. Finally, BMO Capital Markets increased their price objective on Marriott International from $280.00 to $285.00 and gave the company a “market perform” rating in a research report on Wednesday, November 5th. Three research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $297.00.

Marriott International Stock Down 1.2%

Marriott International stock opened at $310.24 on Friday. The business has a 50 day moving average price of $293.93 and a two-hundred day moving average price of $276.74. Marriott International, Inc. has a 12 month low of $205.40 and a 12 month high of $316.69. The stock has a market cap of $83.25 billion, a price-to-earnings ratio of 32.76, a price-to-earnings-growth ratio of 3.00 and a beta of 1.16.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.38 by $0.09. The business had revenue of $1.73 billion for the quarter, compared to analysts’ expectations of $6.46 billion. Marriott International had a negative return on equity of 89.29% and a net margin of 10.07%.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 expect that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International Announces Dividend

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

Marriott International Company Profile

Marriott International is a global lodging company that develops, manages and franchises a broad portfolio of hotels and related lodging facilities. Its core activities include hotel and resort management, franchise operations, property development and the provision of centralized services such as reservations, marketing and loyalty program management. The company’s brand architecture spans market segments from luxury and premium to select-service and extended-stay, enabling it to serve a wide range of business and leisure travelers as well as corporate and group customers.

The company traces its roots to the hospitality business founded by J.