Forvis Mazars Wealth Advisors LLC raised its stake in Marriott International, Inc. (NASDAQ:MAR – Free Report) by 24.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,045 shares of the company’s stock after acquiring an additional 1,581 shares during the period. Forvis Mazars Wealth Advisors LLC’s holdings in Marriott International were worth $2,862,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of MAR. World Equity Group Inc. boosted 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 purchasing an additional 28 shares during the last quarter. Haven Capital Group Inc. grew its position in shares of Marriott International by 0.3% during the first quarter. Haven Capital Group Inc. now owns 10,064 shares of the company’s stock valued at $3,292,000 after purchasing an additional 30 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased 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 purchasing an additional 30 shares during the last quarter. Paragon Private Wealth Management LLC increased 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 purchasing an additional 31 shares during the last quarter. Finally, Contravisory Investment Management Inc. lifted its position in shares of Marriott International by 1.0% in the first quarter. Contravisory Investment Management Inc. now owns 3,250 shares of the company’s stock worth $1,063,000 after buying an additional 33 shares in the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.
Insider Activity at Marriott International
In other news, insider David S. 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 transaction of $1,232,315.00. Following the transaction, 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 transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Deborah Harrison sold 3,500 shares of the 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 sale, 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. The disclosure for this sale is available in the SEC filing. 11.43% of the stock is owned by company insiders.
Analysts Set New Price Targets
Read Our Latest Analysis on MAR
Marriott International Price Performance
Shares of Marriott International stock traded up $2.20 during trading hours on Tuesday, reaching $371.50. The company’s stock had a trading volume of 755,878 shares, compared to its average volume of 1,554,918. The firm has a 50 day moving average price of $350.20 and a 200-day moving average price of $361.39. The stock has a market cap of $96.88 billion, a P/E ratio of 38.50, a P/E/G ratio of 2.76 and a beta of 1.17. Marriott International, Inc. has a one year low of $256.76 and a one year 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 analysts’ consensus estimates of $3.08 by $0.11. The firm had revenue of $2.01 billion during the quarter, compared to the consensus estimate 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 revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter last year, the firm earned $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, sell-side analysts forecast that Marriott International, Inc. will post 11.69 EPS for the current fiscal year.
Marriott International Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, August 20th were given 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 0.8%. Marriott International’s dividend payout ratio is 30.26%.
Key Stories Impacting Marriott International
Here are the key news stories impacting Marriott International this week:
- Positive Sentiment: Morgan Stanley raised its price target to $384 from $380 and maintained an “overweight” rating. The new target implies additional upside from recent trading levels and signals continued confidence in Marriott’s earnings and operating outlook. Morgan Stanley Adjusts Price Target on Marriott International
- Positive Sentiment: Erste Group Bank increased its FY2026 EPS estimate to $11.75 from $11.73 and retained a “Buy” rating. The revised forecast is above the $11.69 consensus estimate, providing a modest positive catalyst for MAR. Marriott International analyst estimate
- Positive Sentiment: Marriott Hotels opened its first property in Jakarta. The launch expands Marriott’s presence in Indonesia and supports long-term room growth, fee revenue and brand visibility in an important travel market. Marriott Hotels opens first property in Jakarta
- Positive Sentiment: City Express by Marriott debuted in India. The expansion broadens Marriott’s regional brand portfolio and could increase its exposure to India’s growing domestic and international travel demand. City Express by Marriott debuts in India
- Neutral Sentiment: Marriott Bonvoy will allow members to view their position in the complimentary-upgrade queue. The feature may improve customer engagement and loyalty, but its direct financial impact is unclear. Marriott Bonvoy complimentary upgrade list
Marriott International Company Profile
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.
Featured Articles
- Five stocks we like better than Marriott International
- A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
- Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
- Tesla’s Robotaxi Lands in Paris—But Europe’s Real Fight Is Over Cheap EVs
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.
