Marriott International, Inc. $MAR Shares Purchased by Global Wealth Management Investment Advisory Inc.

Global Wealth Management Investment Advisory Inc. raised its position in Marriott International, Inc. (NASDAQ:MARFree Report) by 49.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,465 shares of the company’s stock after acquiring an additional 3,815 shares during the quarter. Global Wealth Management Investment Advisory Inc.’s holdings in Marriott International were worth $2,986,000 at the end of the most recent quarter.

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

More Marriott International News

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Insider Activity at Marriott International

In other Marriott International news, EVP Rena Hozore Reiss sold 5,483 shares of the stock in a transaction 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 of the company’s stock, valued at $11,300,649.60. This trade represents a 12.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Peggy Roe sold 2,000 shares of the business’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $292.12, for a total transaction of $584,240.00. Following the transaction, the executive vice president directly owned 17,466 shares of the company’s stock, valued at approximately $5,102,167.92. This trade represents a 10.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 88,289 shares of company stock valued at $25,669,425. 10.68% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. BMO Capital Markets upgraded Marriott International from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $285.00 to $370.00 in a research note on Friday, January 9th. Barclays raised their price target on shares of Marriott International from $274.00 to $276.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 17th. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a research note on Wednesday, October 8th. Morgan Stanley reduced their price objective 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. Finally, Robert W. Baird dropped their target price on shares of Marriott International from $287.00 to $285.00 and set a “neutral” rating for the company in a research report on Tuesday, October 21st. Three investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $306.81.

Check Out Our Latest Analysis on Marriott International

Marriott International Price Performance

Shares of MAR opened at $322.96 on Wednesday. The stock has a market capitalization of $86.67 billion, a PE ratio of 34.10, a price-to-earnings-growth ratio of 2.52 and a beta of 1.16. The business’s fifty day moving average price is $302.63 and its 200 day moving average price is $280.17. Marriott International, Inc. has a 12-month low of $205.40 and a 12-month high of $331.09.

Marriott International (NASDAQ:MARGet Free Report) last issued its earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share for the quarter, topping analysts’ consensus estimates of $2.38 by $0.09. Marriott International had a net margin of 10.07% and a negative return on equity of 89.29%. The company had revenue of $1.73 billion for the quarter, compared to analysts’ expectations of $6.46 billion. 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. As a group, research analysts anticipate that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Thursday, November 20th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Thursday, November 20th. Marriott International’s payout ratio is presently 28.30%.

About Marriott International

(Free Report)

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.

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Institutional Ownership by Quarter for Marriott International (NASDAQ:MAR)

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