1,958 Shares of Marriott International, Inc. $MAR Bought by NBT Bank N.A.

NBT Bank N.A. acquired a new position in Marriott International, Inc. (NASDAQ:MAR) during the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 1,958 shares of the company’s stock, valued at approximately $696,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Evelyn Partners Investment Management Services Ltd acquired a new stake in Marriott International during the first quarter valued at approximately $25,000. Wilkerson Advisory Group LLC grew its position in Marriott International by 127.0% in the first quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock worth $27,000 after buying an additional 47 shares during the last quarter. IMG Wealth Management Inc. grew its position in 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 last quarter. Scarborough Advisors LLC bought a new position in shares of Marriott International in the first quarter valued at $32,000. Finally, Meeder Asset Management Inc. increased its holdings in shares of Marriott International by 57.6% in the first quarter. Meeder Asset Management Inc. now owns 104 shares of the company’s stock valued at $34,000 after buying an additional 38 shares in the last quarter. 70.70% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Marriott International news, insider David S. Marriott sold 3,500 shares of Marriott International stock in a transaction dated 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 $99,424,230.47. The trade was a 1.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Deborah Harrison sold 3,500 shares of the company’s stock in a transaction dated 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 completion of the transaction, the insider owned 282,383 shares in the company, valued at $99,424,230.47. This represents a 1.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 11.43% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

MAR has been the subject of a number of recent research reports. JPMorgan Chase & Co. increased their price objective on Marriott International from $388.00 to $406.00 and gave the company a “neutral” rating in a research report on Wednesday. Weiss Ratings restated a “buy (b)” rating on shares of Marriott International in a report on Friday, August 7th. Argus cut their target price on Marriott International from $445.00 to $425.00 and set a “buy” rating on the stock in a research report on Friday, August 14th. Robert W. Baird reduced their target price on Marriott International from $394.00 to $393.00 and set a “neutral” rating for the company in a report on Tuesday, August 4th. Finally, Stifel Nicolaus decreased their price target on Marriott International from $365.00 to $343.00 and set a “hold” rating for the company in a research report on Monday, August 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $383.52.

Marriott International Price Performance

MAR stock opened at $390.71 on Friday. Marriott International, Inc. has a 52-week low of $256.76 and a 52-week high of $410.98. The company’s 50 day simple moving average is $355.97 and its 200-day simple moving average is $364.72. The firm has a market capitalization of $101.89 billion, a P/E ratio of 40.49, a P/E/G ratio of 2.98 and a beta of 1.17.

Marriott International (NASDAQ:MAR) last issued 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 during the quarter, compared to the consensus estimate of $7.19 billion. During the same quarter in the prior year, the firm earned $2.65 EPS. The firm’s quarterly 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. Sell-side analysts predict that Marriott International, Inc. will post 11.72 EPS for the current fiscal year.

Marriott International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, August 20th were paid a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, August 20th. Marriott International’s payout ratio is 30.26%.

Marriott International Company Profile

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.