Marriott International, Inc. $MAR Holdings Cut by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. trimmed its stake in Marriott International, Inc. (NASDAQ:MAR – Free Report) by 53.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,954 shares of the company’s stock after selling 4,529 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Marriott International were worth $1,403,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Aspiriant LLC bought a new stake in Marriott International during the 3rd quarter valued at about $252,000. Perryman Financial Advisory Inc. AD lifted its stake in shares of Marriott International by 0.5% in the third quarter. Perryman Financial Advisory Inc. AD now owns 35,814 shares of the company’s stock worth $12,738,000 after buying an additional 164 shares in the last quarter. Goldstein Advisors LLC grew its holdings in shares of Marriott International by 5.3% during the third quarter. Goldstein Advisors LLC now owns 736 shares of the company’s stock valued at $262,000 after buying an additional 37 shares during the last quarter. V Square Quantitative Management LLC grew its holdings in shares of Marriott International by 27.8% during the third quarter. V Square Quantitative Management LLC now owns 1,594 shares of the company’s stock valued at $567,000 after buying an additional 347 shares during the last quarter. Finally, Maryland Capital Advisors Inc. purchased a new stake in shares of Marriott International during the third quarter valued at approximately $42,000. 70.70% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

MAR has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. boosted their price objective on shares of Marriott International from $388.00 to $406.00 and gave the stock a “neutral” rating in a report on Wednesday. Freedom Broker started coverage on Marriott International in a research report on Wednesday, October 14th. They issued a “buy” rating and a $408.00 price objective on the stock. Wolfe Research initiated coverage on Marriott International in a research note on Wednesday, September 2nd. They set a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft cut their target price on Marriott International from $379.00 to $372.00 and set a “hold” rating on the stock in a research note on Tuesday, August 4th. Finally, BMO Capital Markets reduced their target price on Marriott International from $410.00 to $395.00 and set an “outperform” rating for the company in a report on Tuesday, August 4th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Marriott International currently has an average rating of “Moderate Buy” and an average price target of $382.70.

Read Our Latest Stock Report on MAR

Marriott International Stock Up 1.7%

Shares of NASDAQ MAR opened at $404.00 on Thursday. The firm’s 50-day moving average price is $354.41 and its 200-day moving average price is $364.08. Marriott International, Inc. has a 52-week low of $256.76 and a 52-week high of $410.98. The company has a market cap of $105.35 billion, a PE ratio of 41.87, a PEG ratio of 2.99 and a beta of 1.17.

Marriott International (NASDAQ:MAR – Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The company reported $3.19 earnings per share for the quarter, beating the consensus estimate of $3.08 by $0.11. The firm had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $7.19 billion. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the company earned $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. As a group, equities research analysts anticipate that Marriott International, Inc. will post 11.71 EPS for the current fiscal year.

Marriott International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders 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 yield of 0.7%. Marriott International’s payout ratio is currently 30.26%.

Insiders Place Their Bets

In other news, insider David Marriott 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 transaction of $1,232,315.00. Following the transaction, the insider directly owned 282,383 shares of the company’s stock, valued at $99,424,230.47. This represents a 1.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Deborah Harrison sold 3,500 shares of the firm’s 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 transaction, the insider owned 282,383 shares in the company, 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. 11.43% of the stock is currently owned by insiders.

Marriott International Company Profile

(Free Report)

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.

See Also

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

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