Robeco Institutional Asset Management B.V. grew its stake in Marriott International, Inc. (NASDAQ:MAR – Free Report) by 5.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 664,123 shares of the company’s stock after buying an additional 36,765 shares during the period. Robeco Institutional Asset Management B.V. owned 0.25% of Marriott International worth $236,209,000 at the end of the most recent reporting period.
Other hedge funds have also recently modified their holdings of the company. Diversify Advisory Services LLC lifted its holdings in shares of Marriott International by 6.2% in the 3rd quarter. Diversify Advisory Services LLC now owns 3,684 shares of the company’s stock valued at $1,421,000 after purchasing an additional 216 shares during the last quarter. 55 North Private Wealth LLC increased its position in Marriott International by 5.2% during the third quarter. 55 North Private Wealth LLC now owns 1,017 shares of the company’s stock worth $362,000 after buying an additional 50 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd increased its position in Marriott International by 1.4% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 32,471 shares of the company’s stock worth $11,549,000 after buying an additional 452 shares during the period. CWA Asset Management Group LLC lifted its stake in Marriott International by 0.8% in the third quarter. CWA Asset Management Group LLC now owns 12,341 shares of the company’s stock valued at $4,389,000 after buying an additional 98 shares during the last quarter. Finally, Investment Research Partners LLC boosted its holdings in shares of Marriott International by 6.0% in the third quarter. Investment Research Partners LLC now owns 1,527 shares of the company’s stock valued at $543,000 after acquiring an additional 86 shares during the period. 70.70% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other Marriott International news, insider Deborah Harrison sold 3,500 shares of Marriott International stock in a transaction that occurred 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 sale, the insider owned 282,383 shares of the company’s stock, valued at approximately $99,424,230.47. The trade was a 1.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider David Marriott sold 3,500 shares of the business’s stock in a transaction that occurred 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 transaction, the insider owned 282,383 shares in the company, valued at $99,424,230.47. The trade was a 1.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 11.43% of the stock is currently owned by insiders.
Analysts Set New Price Targets
MAR has been the topic of a number of research reports. Erste Group Bank assumed coverage on shares of Marriott International in a research report on Thursday, August 27th. They set a “buy” rating on the stock. The Goldman Sachs Group cut their target price on shares of Marriott International from $405.00 to $400.00 and set a “buy” rating on the stock in a report on Tuesday, August 4th. China Intl Cap upgraded shares of Marriott International to a “strong-buy” rating in a research report on Wednesday, August 12th. Barclays increased their price target on shares of Marriott International from $348.00 to $363.00 and gave the stock an “equal weight” rating in a research note on Friday, October 16th. Finally, Mizuho lowered their price objective on shares of Marriott International from $384.00 to $374.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 4th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Marriott International currently has a consensus rating of “Moderate Buy” and a consensus price target of $381.91.
View Our Latest Analysis on MAR
Marriott International Price Performance
Marriott International stock opened at $397.31 on Wednesday. The business has a 50 day simple moving average of $353.42 and a 200-day simple moving average of $363.58. Marriott International, Inc. has a 12 month low of $256.76 and a 12 month high of $410.98. The stock has a market capitalization of $103.61 billion, a PE ratio of 41.17, a price-to-earnings-growth ratio of 2.94 and a beta of 1.17.
Marriott International (NASDAQ:MAR – Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The company reported $3.19 earnings per share for the quarter, beating analysts’ consensus estimates of $3.08 by $0.11. The firm had revenue of $2.01 billion for 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%. Marriott International’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period last year, the firm posted $2.65 EPS. 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. As a group, equities research analysts anticipate that Marriott International, Inc. will post 11.70 EPS for the current year.
Marriott International Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, August 20th were given a $0.73 dividend. The ex-dividend date was Thursday, August 20th. This represents a $2.92 dividend on an annualized basis and a yield of 0.7%. Marriott International’s dividend payout ratio (DPR) is presently 30.26%.
About Marriott International
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.
Featured Stories
- Five stocks we like better than Marriott International
- Aurora Rejects Curaleaf’s Higher Bid, But the Takeover Fight Isn’t Over
- Centrus Energy Is Building a Nuclear Fuel Powerhouse—Why Is Its Stock Struggling?
- Halliburton Gains Traction: Multiyear Upcycle Ahead
- Meta Platforms’ AI Comeback Faces an Earnings Test—And a $10 Billion Charge
Want to see what other hedge funds are holding MAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marriott International, Inc. (NASDAQ:MAR – Free Report).
Receive News & Ratings for Marriott International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marriott International and related companies with MarketBeat.com's FREE daily email newsletter.
