Reinhart Partners LLC. Cuts Position in Marriott International, Inc. $MAR

Reinhart Partners LLC. lessened its holdings in Marriott International, Inc. (NASDAQ:MAR) by 27.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 9,712 shares of the company’s stock after selling 3,705 shares during the quarter. Reinhart Partners LLC.’s holdings in Marriott International were worth $3,013,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MAR. Triumph Capital Management purchased a new stake in Marriott International during the third quarter worth about $28,000. Basepoint Wealth LLC purchased a new stake in Marriott International during the fourth quarter worth about $28,000. Godfrey Financial Associates Inc. purchased a new stake in Marriott International during the fourth quarter worth about $31,000. Rachor Investment Advisory Services LLC bought a new stake in shares of Marriott International in the 4th quarter worth approximately $32,000. Finally, Darwin Wealth Management LLC bought a new stake in shares of Marriott International in the 2nd quarter worth approximately $37,000. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on MAR. The Goldman Sachs Group lifted their price target 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. Mizuho lifted their price target on shares of Marriott International from $343.00 to $384.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Susquehanna lifted their price target on shares of Marriott International from $280.00 to $385.00 and gave the stock a “neutral” rating in a report on Thursday, April 23rd. Sanford C. Bernstein lifted their price target on shares of Marriott International from $400.00 to $402.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Finally, Morgan Stanley lifted their price target on shares of Marriott International from $350.00 to $353.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. Eight investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Marriott International currently has an average rating of “Moderate Buy” and a consensus price target of $382.07.

Marriott International Price Performance

Shares of MAR stock opened at $373.76 on Wednesday. The company’s fifty day simple moving average is $354.07 and its two-hundred day simple moving average is $330.90. Marriott International, Inc. has a 1 year low of $253.55 and a 1 year high of $388.37. The stock has a market capitalization of $98.56 billion, a price-to-earnings ratio of 39.22, a PEG ratio of 3.00 and a beta of 1.10.

Marriott International (NASDAQ:MAR) last issued its earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.56 by $0.16. Marriott International had a net margin of 9.72% and a negative return on equity of 80.97%. The business had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $6.59 billion. During the same quarter in the previous year, the firm posted $2.32 EPS. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. Marriott International has set its FY 2026 guidance at 11.380-11.630 EPS and its Q2 2026 guidance at 2.990-3.060 EPS. Equities research analysts anticipate that Marriott International, Inc. will post 11.64 EPS for the current year.

Marriott International Increases Dividend

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

Insider Transactions at Marriott International

In other Marriott International news, EVP Peggy Roe sold 3,000 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $361.56, for a total transaction of $1,084,680.00. Following the sale, the executive vice president owned 19,827 shares of the company’s stock, valued at $7,168,650.12. The trade was a 13.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 11.43% of the stock is owned by insiders.

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.