7,568 Shares in Marriott International, Inc. $MAR Acquired by Tema Etfs LLC

Tema Etfs LLC purchased a new stake in Marriott International, Inc. (NASDAQ:MAR) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 7,568 shares of the company’s stock, valued at approximately $1,971,000.

Several other large investors have also modified their holdings of MAR. Oppenheimer Asset Management Inc. acquired a new position in shares of Marriott International in the second quarter worth $613,000. Swedbank AB grew its stake in Marriott International by 1.3% in the first quarter. Swedbank AB now owns 68,429 shares of the company’s stock valued at $16,300,000 after purchasing an additional 881 shares in the last quarter. Headwater Capital Co Ltd purchased a new stake in shares of Marriott International during the 2nd quarter worth about $21,857,000. Index Fund Advisors Inc. acquired a new stake in shares of Marriott International during the 2nd quarter valued at about $666,000. Finally, Covea Finance increased its holdings in Marriott International by 120.4% in the third quarter. Covea Finance now owns 113,358 shares of the company’s stock worth $29,523,000 after buying an additional 61,918 shares during the last quarter. 70.70% of the stock is owned by institutional investors.

Marriott International Stock Performance

Shares of MAR opened at $323.35 on Tuesday. The company has a 50-day simple moving average of $301.61 and a 200-day simple moving average of $279.82. Marriott International, Inc. has a 52 week low of $205.40 and a 52 week high of $331.09. The firm has a market capitalization of $86.77 billion, a P/E ratio of 34.14, a P/E/G ratio of 2.56 and a beta of 1.16.

Marriott International (NASDAQ:MAR) last issued 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. Marriott International had a negative return on equity of 89.29% and a net margin of 10.07%.The firm had revenue of $1.73 billion for the quarter, compared to analyst estimates 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, equities analysts forecast that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Announces Dividend

The company also recently announced 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 0.8%. The ex-dividend date of this dividend was Thursday, November 20th. Marriott International’s dividend payout ratio (DPR) is 28.30%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports 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 company from $288.00 to $345.00 in a research note on Monday, December 15th. Robert W. Baird reduced their price objective on shares of Marriott International from $287.00 to $285.00 and set a “neutral” rating for the company in a research note on Tuesday, October 21st. Truist Financial upped their price objective on shares of Marriott International from $278.00 to $283.00 and gave the stock a “hold” rating in a report on Thursday, December 4th. Barclays raised their target price on Marriott International from $274.00 to $276.00 and gave the company an “equal weight” rating in a report on Wednesday, December 17th. Finally, Morgan Stanley decreased their price target on Marriott International from $302.00 to $296.00 and set an “overweight” rating for the company in a research note on Wednesday, October 22nd. Three research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, Marriott International presently has an average rating of “Moderate Buy” and an average price target of $306.81.

Insider Activity

In other Marriott International news, EVP Rena Hozore Reiss sold 5,483 shares of the business’s stock in a transaction on 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 sale, the executive vice president owned 39,360 shares of the company’s stock, valued at $11,300,649.60. The trade was a 12.23% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Felitia Lee sold 1,617 shares of the firm’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $305.98, for a total transaction of $494,769.66. Following the transaction, the chief accounting officer directly owned 4,893 shares of the company’s stock, valued at $1,497,160.14. The trade was a 24.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 88,289 shares of company stock valued at $25,669,425. 10.68% of the stock is owned by insiders.

About Marriott International

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.