Axecap Investments LLC decreased its position in shares of Marriott International, Inc. (NASDAQ:MAR – Free Report) by 59.2% during the third quarter, Holdings Channel reports. The institutional investor owned 3,437 shares of the company’s stock after selling 4,992 shares during the period. Axecap Investments LLC’s holdings in Marriott International were worth $1,222,000 at the end of the most recent reporting period.
Other institutional investors have also bought and sold shares of the company. State Street Corp raised its holdings in Marriott International by 2.9% during the second quarter. State Street Corp now owns 9,644,773 shares of the company’s stock valued at $3,574,256,000 after acquiring an additional 272,044 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Marriott International by 0.8% in the first quarter. Dimensional Fund Advisors LP now owns 727,472 shares of the company’s stock worth $237,893,000 after acquiring an additional 5,530 shares during the period. Swiss National Bank boosted its stake in shares of Marriott International by 5.9% in the first quarter. Swiss National Bank now owns 669,398 shares of the company’s stock worth $218,940,000 after acquiring an additional 37,080 shares during the period. Robeco Institutional Asset Management B.V. grew its position in shares of Marriott International by 5.9% during the third quarter. Robeco Institutional Asset Management B.V. now owns 664,123 shares of the company’s stock worth $236,209,000 after purchasing an additional 36,765 shares in the last quarter. Finally, Diamant Asset Management Inc. grew its position in shares of Marriott International by 32,607.0% during the first quarter. Diamant Asset Management Inc. now owns 490,605 shares of the company’s stock worth $16,046,000 after purchasing an additional 489,105 shares in the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts recently commented on the company. Argus lowered their price target on Marriott International from $445.00 to $425.00 and set a “buy” rating on the stock in a report on Friday, August 14th. The Goldman Sachs Group dropped their price target on Marriott International from $405.00 to $400.00 and set a “buy” rating for the company in a research note on Tuesday, August 4th. BMO Capital Markets cut their price objective on shares of Marriott International from $410.00 to $395.00 and set an “outperform” rating for the company in a report on Tuesday, August 4th. Freedom Broker started coverage on shares of Marriott International in a research report on Wednesday, October 14th. They set a “buy” rating and a $408.00 price objective on the stock. Finally, Stifel Nicolaus lowered their target price on shares of Marriott International from $365.00 to $343.00 and set a “hold” rating on the stock in a report on Monday, August 3rd. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $381.91.
Get Our Latest Stock Report on MAR
Marriott International Stock Up 1.7%
Shares of Marriott International stock opened at $397.31 on Wednesday. The firm has a market cap of $103.61 billion, a price-to-earnings ratio of 41.17, a PEG ratio of 2.94 and a beta of 1.17. The business has a 50-day moving average price of $353.42 and a 200-day moving average price of $363.58. Marriott International, Inc. has a twelve month low of $256.76 and a twelve month high of $410.98.
Marriott International (NASDAQ:MAR – Get Free Report) last issued its earnings results on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.08 by $0.11. The firm had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $7.19 billion. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%. The business’s revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.65 earnings per share. Marriott International has set its FY 2026 guidance at 11.640-11.810 EPS and its Q3 2026 guidance at 2.740-2.820 EPS. On average, equities analysts expect that Marriott International, Inc. will post 11.70 EPS for the current fiscal year.
Marriott International Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, August 20th were issued a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 0.7%. The ex-dividend date was Thursday, August 20th. Marriott International’s dividend payout ratio (DPR) is currently 30.26%.
Insider Buying and Selling
In other news, insider Deborah Harrison sold 3,500 shares of the stock in a transaction that occurred on Friday, September 25th. The stock was sold at an average price of $352.09, for a total transaction of $1,232,315.00. Following the completion of the transaction, the insider directly owned 282,383 shares in the company, valued at approximately $99,424,230.47. This represents a 1.22% 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, insider David S. Marriott sold 3,500 shares of the firm’s stock in a transaction on Friday, September 25th. The shares were sold at an average price of $352.09, for a total transaction of $1,232,315.00. Following the completion of the transaction, the insider directly owned 282,383 shares of the company’s stock, valued at approximately $99,424,230.47. This trade represents a 1.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 11.43% of the company’s stock.
Marriott International Profile
Marriott International, Inc is a global hospitality company that develops, franchises, licenses and manages hotels, resorts, residences and other lodging properties. Its portfolio includes brands such as Marriott Hotels, Sheraton, Westin, W Hotels, The Ritz-Carlton, St. Regis, JW Marriott, Courtyard, Fairfield by Marriott, Residence Inn and Element. The company also operates Marriott Bonvoy, a travel loyalty program that provides members with benefits and rewards across participating properties and travel experiences.
Marriott traces its origins to 1927, when J.
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