Insider Selling: Marriott International (NASDAQ:MAR) Insider Sells $1,232,315.00 in Stock

Marriott International, Inc. (NASDAQ:MAR) insider Deborah Harrison sold 3,500 shares of the firm’s stock in a transaction on 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 represents a 1.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Marriott International Trading Up 0.9%

NASDAQ:MAR traded up $3.05 during trading hours on Tuesday, hitting $361.62. 1,455,380 shares of the stock traded hands, compared to its average volume of 1,573,436. Marriott International, Inc. has a fifty-two week low of $256.76 and a fifty-two week high of $410.98. The firm has a market cap of $94.30 billion, a price-to-earnings ratio of 37.47, a PEG ratio of 2.70 and a beta of 1.11. The firm has a 50 day moving average price of $351.93 and a 200 day moving average price of $358.67.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Monday, August 3rd. The company reported $3.19 EPS for the quarter, beating the consensus estimate of $3.08 by $0.11. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The business had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $7.19 billion. During the same period in the previous year, the company posted $2.65 EPS. Marriott International’s revenue 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. Research analysts predict that Marriott International, Inc. will post 11.69 EPS for the current year.

Marriott International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, August 20th will be given a $0.73 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. Marriott International’s dividend payout ratio (DPR) is currently 30.26%.

Hedge Funds Weigh In On Marriott International

Hedge funds and other institutional investors have recently made changes to their positions in the company. Evelyn Partners Investment Management Services Ltd acquired a new position in shares of Marriott International during the first quarter worth about $25,000. IMG Wealth Management Inc. lifted its position 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 purchasing an additional 41 shares in the last quarter. Wilkerson Advisory Group LLC boosted its holdings in Marriott International by 127.0% during the first quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock worth $27,000 after purchasing an additional 47 shares during the last quarter. Scarborough Advisors LLC bought a new position in Marriott International in the first quarter valued at $32,000. Finally, Hilton Head Capital Partners LLC acquired a new stake in Marriott International in the 4th quarter valued at $32,000. 70.70% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on MAR shares. Morgan Stanley raised their price objective on shares of Marriott International from $353.00 to $380.00 and gave the stock an “overweight” rating in a research note on Friday, July 17th. Wells Fargo & Company lowered their target price on shares of Marriott International from $449.00 to $425.00 and set an “overweight” rating on the stock in a report on Tuesday, August 4th. BMO Capital Markets reduced 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, August 4th. CICC Research assumed coverage on shares of Marriott International in a research note on Wednesday, August 12th. They issued an “outperform” rating for the company. Finally, Truist Financial lifted their price target on Marriott International from $356.00 to $360.00 and gave the company a “hold” rating in a report on Thursday, September 10th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, Marriott International currently has an average rating of “Moderate Buy” and a consensus target price of $385.88.

About Marriott International

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.