Harbor Investment Advisory LLC Cuts Stake in Marriott International, Inc. $MAR

Harbor Investment Advisory LLC decreased its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 0.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 532,039 shares of the company’s stock after selling 1,872 shares during the period. Marriott International makes up about 13.8% of Harbor Investment Advisory LLC’s investment portfolio, making the stock its largest holding. Harbor Investment Advisory LLC owned about 0.20% of Marriott International worth $197,168,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in MAR. Norges Bank bought a new position in Marriott International during the 4th quarter worth about $812,570,000. Diamant Asset Management Inc. boosted 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 buying an additional 489,105 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Marriott International by 37.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,363,845 shares of the company’s stock worth $423,119,000 after buying an additional 374,497 shares in the last quarter. Capital International Investors raised its position in Marriott International by 7.1% in the 4th quarter. Capital International Investors now owns 4,107,531 shares of the company’s stock valued at $1,274,475,000 after buying an additional 272,250 shares during the last quarter. Finally, Amundi lifted its stake in Marriott International by 52.0% in the 3rd quarter. Amundi now owns 741,408 shares of the company’s stock valued at $201,618,000 after acquiring an additional 253,696 shares in the last quarter. 70.70% of the stock is owned by institutional investors.

Marriott International Trading Down 0.5%

NASDAQ MAR opened at $345.20 on Wednesday. Marriott International, Inc. has a 12 month low of $255.27 and a 12 month high of $410.98. The stock has a 50 day moving average of $378.50 and a 200-day moving average of $354.76. The company has a market cap of $91.03 billion, a PE ratio of 36.22, a PEG ratio of 2.71 and a beta of 1.10.

Marriott International (NASDAQ:MAR) last posted its quarterly 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 analyst estimates of $7.19 billion. Marriott International had a net margin of 9.62% and a negative return on equity of 80.29%. The company’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the prior 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. As a group, sell-side analysts predict that Marriott International, Inc. will post 11.68 EPS for the current fiscal year.

Marriott International Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd were issued a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Friday, May 22nd. This is a positive change from Marriott International’s previous quarterly dividend of $0.67. Marriott International’s payout ratio is currently 30.64%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on MAR. Stifel Nicolaus raised their price target on shares of Marriott International from $352.00 to $365.00 and gave the stock a “hold” rating in a research note on Friday, July 17th. Morgan Stanley boosted their price objective on shares of Marriott International from $353.00 to $380.00 and gave the stock an “overweight” rating in a research report on Friday, July 17th. UBS Group reaffirmed a “neutral” rating on shares of Marriott International in a research report on Tuesday. BMO Capital Markets cut their price target on shares of Marriott International from $410.00 to $395.00 and set an “outperform” rating on the stock in a research report on Tuesday. Finally, JPMorgan Chase & Co. raised their price objective on Marriott International from $387.00 to $400.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st. Nine analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $386.65.

Insider Transactions at Marriott International

In related news, EVP Peggy Roe sold 3,000 shares of Marriott International stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $361.56, for a total transaction of $1,084,680.00. Following the completion of the transaction, the executive vice president owned 19,827 shares in the company, valued at approximately $7,168,650.12. This trade represents a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 11.43% of the company’s stock.

Marriott International News Summary

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

• Positive Sentiment: Marriott reported second-quarter adjusted EPS of $3.19, ahead of the roughly $3.06–$3.08 analyst consensus, compared with $2.65 a year earlier. Worldwide comparable RevPAR increased 3.4%, led by 5.0% growth in the U.S. and Canada. Marriott International Reports Second Quarter 2026 Results
• Positive Sentiment: Management raised its full-year 2026 adjusted EPS outlook to $11.64–$11.81 and increased its full-year room-revenue outlook. Fee revenue grew 13%, supporting the view that Marriott’s asset-light business model remains resilient.
• Positive Sentiment: The company added approximately 17,900 net rooms during the quarter, expanding net rooms 4.5% year over year. Its development pipeline reached a record nearly 4,200 properties and 629,000 rooms, while Marriott repurchased 3.0 million shares for $1.1 billion.
• Positive Sentiment: Marriott is rolling out “Ask Bonvoy,” an AI-powered conversational search tool intended to improve customer engagement and drive more direct bookings. It also expanded its Marriott Bonvoy and BetMGM rewards collaboration to Alberta, Canada. Marriott Adds AI-Powered Conversational Search Tool
• Neutral Sentiment: Analysts remain broadly constructive but lowered price targets: Wells Fargo cut its target to $425 while retaining an overweight rating; BMO lowered its target to $395 with an outperform rating. Baird and Mizuho moved to or maintained neutral ratings, with targets of $393 and $374, respectively.
• Negative Sentiment: Second-quarter revenue fell short of expectations, and international RevPAR declined 0.5%. The Middle East conflict significantly reduced travel demand and sales in the region, raising concerns about further weakness in international operations, openings and execution. Marriott Says Middle East Conflict Weighed on 2Q Sales
• Negative Sentiment: Third-quarter 2026 adjusted EPS guidance of $2.74–$2.82 was below the approximately $2.88 consensus estimate. Investors also view MAR’s valuation as elevated, with concerns about debt, regional volatility and a high earnings bar after the stock’s strong prior run.

About Marriott International

Marriott International is a global lodging company that develops, manages and franchises a broad portfolio of hotels and related lodging facilities. Its core activities include hotel and resort management, franchise operations, property development and the provision of centralized services such as reservations, marketing and loyalty program management. The company’s brand architecture spans market segments from luxury and premium to select-service and extended-stay, enabling it to serve a wide range of business and leisure travelers as well as corporate and group customers.

The company traces its roots to the hospitality business founded by J.