1,550 Marriott International, Inc. $MAR Shares Sold by Profund Advisors LLC

Profund Advisors LLC cut its position in Marriott International, Inc. (NASDAQ:MAR – Free Report) by 7.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,531 shares of the company’s stock after selling 1,550 shares during the quarter. Profund Advisors LLC’s holdings in Marriott International were worth $6,947,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of MAR. Evelyn Partners Investment Management Services Ltd acquired a new position in shares of Marriott International during the first quarter valued at about $25,000. Wilkerson Advisory Group LLC lifted its holdings in shares of Marriott International by 127.0% during the 1st quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock worth $27,000 after acquiring an additional 47 shares during the last quarter. IMG Wealth Management Inc. increased its holdings in shares of Marriott International by 100.0% in the first quarter. IMG Wealth Management Inc. now owns 82 shares of the company’s stock worth $27,000 after buying an additional 41 shares during the period. Scarborough Advisors LLC bought a new position in Marriott International during the 1st quarter valued at approximately $32,000. Finally, Meeder Asset Management Inc. boosted its position in Marriott International by 57.6% during the 1st quarter. Meeder Asset Management Inc. now owns 104 shares of the company’s stock valued at $34,000 after acquiring an additional 38 shares in the last quarter. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Marriott International Price Performance

Shares of MAR opened at $399.30 on Friday. Marriott International, Inc. has a 1-year low of $256.76 and a 1-year high of $410.98. The stock has a market cap of $104.13 billion, a price-to-earnings ratio of 41.38, a price-to-earnings-growth ratio of 3.03 and a beta of 1.17. The firm has a 50 day simple moving average of $360.20 and a 200-day simple moving average of $355.73.

Marriott International (NASDAQ:MAR – Get Free Report) last issued its earnings results on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.08 by $0.11. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%. The business had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $7.19 billion. During the same quarter in the previous year, the business earned $2.65 EPS. The company’s revenue for the quarter 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. On average, equities analysts expect that Marriott International, Inc. will post 11.73 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, August 20th were issued a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Thursday, August 20th. Marriott International’s dividend payout ratio (DPR) is currently 30.26%.

Insiders Place Their Bets

In other news, insider David Marriott sold 3,500 shares of the firm’s stock in a transaction dated 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 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. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Deborah Harrison sold 3,500 shares of the firm’s stock in a transaction that occurred 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 transaction, the insider directly owned 282,383 shares in the company, valued at approximately $99,424,230.47. The trade was a 1.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 11.43% of the stock is currently owned by company insiders.

More Marriott International News

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

Analysts Set New Price Targets

MAR has been the topic of a number of research reports. BMO Capital Markets dropped 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. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Marriott International in a research report on Friday, August 7th. Argus dropped their target price on Marriott International from $445.00 to $425.00 and set a “buy” rating on the stock in a report on Friday, August 14th. Wells Fargo & Company raised their target price on Marriott International from $425.00 to $426.00 and gave the company an “overweight” rating in a research report on Monday, October 19th. Finally, Truist Financial upped their price target on Marriott International from $356.00 to $360.00 and gave the company a “hold” rating in a research note on Thursday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $383.52.

Get Our Latest Stock Analysis on MAR

About Marriott International

(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.

Further Reading

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

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