Cresset Asset Management LLC Has $1.97 Million Stake in Marriott International, Inc. $MAR

Cresset Asset Management LLC reduced its stake in shares of Marriott International, Inc. (NASDAQ:MARFree Report) by 20.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,551 shares of the company’s stock after selling 1,951 shares during the quarter. Cresset Asset Management LLC’s holdings in Marriott International were worth $1,967,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Marriott International by 1.1% during the 3rd quarter. Vanguard Group Inc. now owns 20,774,015 shares of the company’s stock worth $5,410,384,000 after purchasing an additional 230,820 shares in the last quarter. State Street Corp boosted its position in Marriott International by 1.2% in the second quarter. State Street Corp now owns 9,488,566 shares of the company’s stock valued at $2,592,371,000 after buying an additional 114,973 shares in the last quarter. Geode Capital Management LLC grew its stake in Marriott International by 2.0% during the second quarter. Geode Capital Management LLC now owns 5,223,539 shares of the company’s stock worth $1,420,308,000 after buying an additional 102,798 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Marriott International by 7.2% during the third quarter. Massachusetts Financial Services Co. MA now owns 4,921,767 shares of the company’s stock worth $1,281,825,000 after buying an additional 330,952 shares in the last quarter. Finally, Invesco Ltd. raised its stake in shares of Marriott International by 5.0% in the second quarter. Invesco Ltd. now owns 4,330,656 shares of the company’s stock valued at $1,183,178,000 after acquiring an additional 206,820 shares during the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

Marriott International Stock Performance

Shares of MAR opened at $323.80 on Friday. The business’s fifty day moving average price is $329.94 and its two-hundred day moving average price is $296.74. The firm has a market capitalization of $85.80 billion, a price-to-earnings ratio of 34.12, a PEG ratio of 2.86 and a beta of 1.09. Marriott International, Inc. has a 52 week low of $205.40 and a 52 week high of $370.00.

Marriott International (NASDAQ:MARGet Free Report) last released its earnings results on Tuesday, February 10th. The company reported $2.58 earnings per share for the quarter, missing analysts’ consensus estimates of $2.61 by ($0.03). The firm had revenue of $6.69 billion for the quarter, compared to the consensus estimate of $6.67 billion. Marriott International had a negative return on equity of 84.23% and a net margin of 9.93%.The company’s revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.45 EPS. Marriott International has set its FY 2026 guidance at 11.320-11.570 EPS and its Q1 2026 guidance at 2.500-2.550 EPS. As a group, research analysts forecast that Marriott International, Inc. will post 10.1 EPS for the current year.

Marriott International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, February 26th will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, February 26th. Marriott International’s dividend payout ratio (DPR) is 28.24%.

Insider Activity at Marriott International

In related news, insider Rajeev Menon sold 3,492 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $354.00, for a total transaction of $1,236,168.00. Following the completion of the sale, the insider directly owned 6,000 shares of the company’s stock, valued at $2,124,000. The trade was a 36.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider William P. Brown sold 9,456 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $358.25, for a total transaction of $3,387,612.00. Following the completion of the transaction, the insider directly owned 11,000 shares in the company, valued at approximately $3,940,750. The trade was a 46.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 97,157 shares of company stock worth $34,768,825 over the last 90 days. Insiders own 10.68% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on MAR. Jefferies Financial Group increased their price target on Marriott International from $357.00 to $415.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Evercore boosted their price objective on Marriott International from $320.00 to $350.00 and gave the stock an “outperform” rating in a research note on Thursday, January 22nd. Morgan Stanley raised their target price on Marriott International from $296.00 to $328.00 and gave the company an “overweight” rating in a research note on Friday, January 16th. Citigroup upped their price target on shares of Marriott International from $285.00 to $345.00 and gave the stock a “neutral” rating in a research report on Thursday, January 15th. Finally, The Goldman Sachs Group increased their price objective on shares of Marriott International from $355.00 to $398.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $343.27.

Get Our Latest Stock Analysis on Marriott International

Key Headlines Impacting Marriott International

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Marriott International Profile

(Free Report)

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.

Further Reading

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

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