Sigma Planning Corp decreased its stake in shares of Marriott International, Inc. (NASDAQ:MAR – Free Report) by 51.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 2,930 shares of the company’s stock after selling 3,097 shares during the period. Sigma Planning Corp’s holdings in Marriott International were worth $1,042,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in the stock. State Street Corp grew its position in shares of Marriott International by 2.9% during the second quarter. State Street Corp now owns 9,644,773 shares of the company’s stock worth $3,574,256,000 after buying an additional 272,044 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Marriott International by 0.8% during the first quarter. Dimensional Fund Advisors LP now owns 727,472 shares of the company’s stock worth $237,893,000 after buying an additional 5,530 shares during the period. Swiss National Bank raised its holdings in Marriott International by 5.9% in the first quarter. Swiss National Bank now owns 669,398 shares of the company’s stock valued at $218,940,000 after acquiring an additional 37,080 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in Marriott International by 5.9% in the third quarter. Robeco Institutional Asset Management B.V. now owns 664,123 shares of the company’s stock valued at $236,209,000 after acquiring an additional 36,765 shares in the last quarter. Finally, Hsbc Holdings PLC lifted its stake in Marriott International by 15.3% in the second quarter. Hsbc Holdings PLC now owns 470,593 shares of the company’s stock worth $174,311,000 after acquiring an additional 62,529 shares during the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.
Wall Street Analysts Forecast Growth
MAR has been the subject of several analyst reports. Robert W. Baird lowered their price target on shares of Marriott International from $394.00 to $393.00 and set a “neutral” rating for the company in a report on Tuesday, August 4th. BMO Capital Markets reduced their price objective on shares of Marriott International from $410.00 to $395.00 and set an “outperform” rating on the stock in a report on Tuesday, August 4th. Stifel Nicolaus decreased their price objective on shares of Marriott International from $365.00 to $343.00 and set a “hold” rating for the company in a research report on Monday, August 3rd. CICC Research started coverage on shares of Marriott International in a research note on Wednesday, August 12th. They set an “outperform” rating and a $410.00 target price for the company. Finally, Wells Fargo & Company increased their target price on Marriott International from $425.00 to $426.00 and gave the company an “overweight” rating in a report on Monday, October 19th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Marriott International currently has an average rating of “Moderate Buy” and a consensus target price of $383.52.
View Our Latest Stock Report on Marriott International
Insider Buying and Selling at Marriott International
In related news, insider Deborah Harrison sold 3,500 shares of Marriott International 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 sale, the insider directly owned 282,383 shares in the company, valued at $99,424,230.47. This trade represents a 1.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider David Marriott sold 3,500 shares of the business’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 sale, 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. 11.43% of the stock is owned by company insiders.
Trending Headlines about Marriott International
Here are the key news stories impacting Marriott International this week:
- Positive Sentiment: International expansion: Pacifica Hotels signed an agreement to open a Courtyard by Marriott in Hida Takayama, Japan. The planned property expands Marriott’s global franchise footprint with relatively limited direct capital requirements. Pacifica Hotels to open Courtyard by Marriott in Takayama, Japan
- Positive Sentiment: Brand growth in Africa: Marriott opened its first EDITION hotel in Africa in Cape Town following a reported $66 million investment, strengthening the company’s luxury presence and geographic reach. Marriott opens first African EDITION
- Positive Sentiment: Upcoming earnings catalysts: Analysts are watching third-quarter RevPAR, fee income, revenue and cost controls. Expectations call for year-over-year earnings and revenue growth, supported by travel demand and Marriott’s loyalty programs. MAR Gears Up for Q3 Earnings
- Positive Sentiment: Promotional initiatives: Marriott’s JW Marriott and Gaylord properties are introducing holiday experiences with Coca-Cola, potentially supporting seasonal bookings, occupancy and ancillary revenue. Marriott holiday experiences with Coca-Cola
- Neutral Sentiment: Property-management expansion: Aimbridge Hospitality will manage the Delta Marriott Orlando Celebration, adding another operating property to Marriott’s network but offering a limited near-term financial catalyst. Aimbridge Hospitality to Manage Delta Marriott Orlando Celebration
- Negative Sentiment: Lower valuation target: Evercore ISI reduced its price target for MAR to $400 from $420, signaling more limited upside despite the firm’s ongoing coverage. Evercore ISI adjusts Marriott price target
- Negative Sentiment: Share-supply pressure: ETFs were net sellers of Marriott stock on October 27, creating short-term technical pressure. ETFs are net sellers of Marriott
- Negative Sentiment: Corporate job cuts: Marriott confirmed reductions in corporate positions. While the move may lower costs, it also raises concerns about restructuring and management’s response to industry cost pressures. Marriott confirms corporate job cuts
Marriott International Stock Up 1.3%
MAR stock opened at $399.65 on Friday. The business has a 50 day moving average price of $359.35 and a 200 day moving average price of $355.35. The stock has a market cap of $104.22 billion, a price-to-earnings ratio of 35.99, a PEG ratio of 2.99 and a beta of 1.17. Marriott International, Inc. has a fifty-two week low of $256.76 and a fifty-two week high of $410.98.
Marriott International (NASDAQ:MAR – Get Free Report) last announced its quarterly earnings results on Monday, August 3rd. The company reported $3.19 EPS for the quarter, beating the consensus estimate of $3.08 by $0.11. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The company had revenue of $2.01 billion for the quarter, compared to analyst estimates of $7.19 billion. During the same period in the prior year, the firm posted $2.65 earnings per share. The firm’s revenue was up 4.8% on a year-over-year basis. 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, sell-side analysts anticipate that Marriott International, Inc. will post 11.74 EPS for the current year.
Marriott International Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, August 20th were given a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, August 20th. Marriott International’s dividend payout ratio (DPR) is 30.26%.
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.
Featured Stories
- Five stocks we like better than Marriott International
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
- NXP Semiconductors Falls After Strong Earnings—Is the Sell-Off Overdone?
- GE Vernova’s Reservations Are Turning Into Real Orders—But the Market Still Wants More.
- Where’s the Beef? Trian-Led Buyout Proposal Values Wendy’s at $1.4B, But Is It Enough?
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.
