Marriott International, Inc. $MAR Stock Sold by Reinhart Partners LLC.

Reinhart Partners LLC. lessened its holdings in Marriott International, Inc. (NASDAQ:MAR) by 17.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 6,902 shares of the company’s stock after selling 1,491 shares during the period. Reinhart Partners LLC.’s holdings in Marriott International were worth $2,455,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. World Equity Group Inc. raised its holdings in Marriott International by 2.0% in the 2nd quarter. World Equity Group Inc. now owns 1,437 shares of the company’s stock valued at $533,000 after buying an additional 28 shares during the period. Haven Capital Group Inc. boosted its stake in Marriott International by 0.3% during the first quarter. Haven Capital Group Inc. now owns 10,064 shares of the company’s stock worth $3,292,000 after buying an additional 30 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of Marriott International by 1.2% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,472 shares of the company’s stock valued at $808,000 after acquiring an additional 30 shares during the period. Paragon Private Wealth Management LLC lifted its holdings in shares of Marriott International by 4.4% in the 1st quarter. Paragon Private Wealth Management LLC now owns 743 shares of the company’s stock worth $243,000 after acquiring an additional 31 shares during the last quarter. Finally, Contravisory Investment Management Inc. increased its holdings in Marriott International by 1.0% in the 1st quarter. Contravisory Investment Management Inc. now owns 3,250 shares of the company’s stock valued at $1,063,000 after purchasing an additional 33 shares during the last quarter. 70.70% of the stock is owned by institutional investors and hedge funds.

Marriott International Trading Up 1.3%

NASDAQ:MAR opened at $365.88 on Friday. Marriott International, Inc. has a 12-month low of $256.76 and a 12-month high of $410.98. The firm has a market cap of $95.41 billion, a PE ratio of 37.92, a price-to-earnings-growth ratio of 2.72 and a beta of 1.17. The stock has a fifty day moving average price of $349.23 and a 200 day moving average price of $360.52.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) for the quarter, beating 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 company had revenue of $2.01 billion for the quarter, compared to analyst estimates of $7.19 billion. During the same quarter last year, the company earned $2.65 EPS. Marriott International’s revenue for the quarter was up 4.8% compared to the same quarter last year. 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. Equities analysts forecast that Marriott International, Inc. will post 11.69 EPS for the current year.

Marriott International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, August 20th were given a $0.73 dividend. The ex-dividend date of this dividend was 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 is currently 30.26%.

Analyst Ratings Changes

A number of research analysts have commented on MAR shares. Robert W. Baird decreased their price target on Marriott International from $394.00 to $393.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 4th. TD Cowen upgraded Marriott International to a “strong-buy” rating in a report on Tuesday, September 8th. Wells Fargo & Company decreased their target price on Marriott International from $449.00 to $425.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 4th. Morgan Stanley lifted their target price on Marriott International from $353.00 to $380.00 and gave the company an “overweight” rating in a research report on Friday, July 17th. Finally, CICC Research began coverage on shares of Marriott International in a research report on Wednesday, August 12th. They set an “outperform” rating and a $410.00 price target on the stock. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Marriott International currently has a consensus rating of “Moderate Buy” and an average price target of $379.82.

Insiders Place Their Bets

In other news, insider David S. Marriott sold 3,500 shares of the 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 transaction, the insider owned 282,383 shares in the company, valued at approximately $99,424,230.47. This represents a 1.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Deborah Harrison sold 3,500 shares of the company’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 value of $1,232,315.00. Following the completion of the transaction, the insider directly owned 282,383 shares of the company’s stock, valued at $99,424,230.47. This trade represents a 1.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 11.43% of the stock is currently owned by company insiders.

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.