Marriott International, Inc. $MAR Stock: Mather Group LLC. Raises Stake

Mather Group LLC. increased its stake in Marriott International, Inc. (NASDAQ:MAR – Free Report) by 382.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,033 shares of the company’s stock after purchasing an additional 3,197 shares during the quarter. Mather Group LLC.’s holdings in Marriott International were worth $1,434,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in MAR. World Equity Group Inc. lifted its holdings in shares of Marriott International by 2.0% during the 2nd quarter. World Equity Group Inc. now owns 1,437 shares of the company’s stock valued at $533,000 after buying an additional 28 shares during the period. Haven Capital Group Inc. boosted its stake in shares of Marriott International by 0.3% in the 1st quarter. Haven Capital Group Inc. now owns 10,064 shares of the company’s stock worth $3,292,000 after buying an additional 30 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in shares of Marriott International by 1.2% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,472 shares of the company’s stock worth $808,000 after acquiring an additional 30 shares during the period. Paragon Private Wealth Management LLC grew its holdings in shares of Marriott International by 4.4% in the first quarter. Paragon Private Wealth Management LLC now owns 743 shares of the company’s stock worth $243,000 after acquiring an additional 31 shares during the period. Finally, Contravisory Investment Management Inc. increased its position in Marriott International by 1.0% during the first quarter. Contravisory Investment Management Inc. now owns 3,250 shares of the company’s stock valued at $1,063,000 after acquiring an additional 33 shares during the last quarter. Institutional investors own 70.70% of the company’s stock.

Marriott International Trading Up 0.6%

NASDAQ MAR traded up $2.34 on Friday, reaching $388.05. 1,913,029 shares of the stock were exchanged, compared to its average volume of 1,421,418. Marriott International, Inc. has a one year low of $256.76 and a one year high of $410.98. The firm has a market capitalization of $101.19 billion, a PE ratio of 40.21, a PEG ratio of 2.91 and a beta of 1.17. The company’s 50-day simple moving average is $351.62 and its two-hundred day simple moving average is $362.38.

Marriott International (NASDAQ:MAR – Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The company reported $3.19 earnings per share for the quarter, topping analysts’ consensus estimates of $3.08 by $0.11. The business had revenue of $2.01 billion during the quarter, compared to analyst estimates of $7.19 billion. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The company’s revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the business 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. Sell-side analysts forecast that Marriott International, Inc. will post 11.70 earnings per share for the current fiscal year.

Marriott International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, August 20th were paid a dividend of $0.73 per share. The ex-dividend date was Thursday, August 20th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. Marriott International’s payout ratio is 30.26%.

Insiders Place Their Bets

In related news, insider David Marriott sold 3,500 shares of the company’s stock in a transaction on Friday, September 25th. The shares were sold at an average price of $352.09, for a total value of $1,232,315.00. Following the completion of the transaction, the insider owned 282,383 shares of the company’s stock, valued at approximately $99,424,230.47. This represents a 1.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Deborah Harrison sold 3,500 shares of the stock in a transaction on Friday, September 25th. The stock was sold at an average price of $352.09, for a total value of $1,232,315.00. Following the completion of the sale, the insider owned 282,383 shares of the company’s stock, valued at $99,424,230.47. The trade was a 1.22% decrease in their position. The disclosure for this sale is available in the SEC filing. 11.43% of the stock is currently owned by insiders.

Marriott International News Roundup

Here are the key news stories impacting Marriott International this week:

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. CICC Research initiated coverage on Marriott International in a report on Wednesday, August 12th. They issued an “outperform” rating and a $410.00 target price on the stock. Morgan Stanley boosted their price target on Marriott International from $380.00 to $384.00 and gave the company an “overweight” rating in a research note on Monday, October 12th. Freedom Broker initiated coverage on shares of Marriott International in a research report on Wednesday. They set a “buy” rating and a $408.00 price target for the company. Truist Financial upped their price target on shares of Marriott International from $356.00 to $360.00 and gave the company a “hold” rating in a research report on Thursday, September 10th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Marriott International in a research note on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Marriott International currently has an average rating of “Moderate Buy” and an average price target of $381.87.

View Our Latest Report on Marriott International

Marriott International Profile

(Free Report)

Marriott International, Inc (NASDAQ: MAR) is a global hospitality company that operates, franchises, licenses and manages hotels, resorts, residences and other lodging properties. Its portfolio serves business and leisure travelers across a range of price points, from luxury and premium accommodations to select-service and extended-stay properties.

The company’s brands include The Ritz-Carlton, St. Regis, JW Marriott, W Hotels, The Luxury Collection, EDITION, Marriott Hotels, Sheraton, Westin, Renaissance, Courtyard, Residence Inn, Fairfield by Marriott, SpringHill Suites, AC Hotels, Aloft, Moxy and Element.

See Also

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

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