Marriott International, Inc. $MAR Position Reduced by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lowered its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 9.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 97,770 shares of the company’s stock after selling 10,703 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Marriott International were worth $34,774,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in MAR. Diamant Asset Management Inc. raised its holdings in shares of Marriott International by 32,607.0% in the first quarter. Diamant Asset Management Inc. now owns 490,605 shares of the company’s stock valued at $16,046,000 after purchasing an additional 489,105 shares during the last quarter. State Street Corp boosted its holdings in Marriott International by 2.9% during the second quarter. State Street Corp now owns 9,644,773 shares of the company’s stock worth $3,574,256,000 after purchasing an additional 272,044 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in Marriott International by 309.9% during the first quarter. Assenagon Asset Management S.A. now owns 307,658 shares of the company’s stock worth $100,626,000 after purchasing an additional 232,598 shares during the last quarter. Jupiter Topco LLC bought a new position in Marriott International in the second quarter valued at $81,872,000. Finally, William Blair Investment Management LLC grew its position in Marriott International by 255.5% in the second quarter. William Blair Investment Management LLC now owns 300,872 shares of the company’s stock valued at $111,500,000 after purchasing an additional 216,241 shares in the last quarter. 70.70% of the stock is owned by institutional investors.

Insider Activity

In related news, insider David S. Marriott sold 3,500 shares of the firm’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 sale, the insider directly owned 282,383 shares in the company, valued at approximately $99,424,230.47. This trade represents a 1.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Deborah Harrison 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 value 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 disclosure for this sale is available in the SEC filing. 11.43% of the stock is owned by insiders.

Analyst Ratings Changes

MAR has been the topic of several analyst reports. BMO Capital Markets cut 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. Robert W. Baird decreased their price objective on Marriott International from $394.00 to $393.00 and set a “neutral” rating for the company in a report on Tuesday, August 4th. Argus decreased their price objective on Marriott International from $445.00 to $425.00 and set a “buy” rating for the company in a report on Friday, August 14th. Barclays lifted their target price on Marriott International from $348.00 to $363.00 and gave the company an “equal weight” rating in a research report on Friday, October 16th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Marriott International in a report on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $381.91.

Marriott International Trading Up 1.7%

NASDAQ:MAR opened at $397.31 on Wednesday. Marriott International, Inc. has a 1-year low of $256.76 and a 1-year high of $410.98. The firm has a fifty day simple moving average of $353.42 and a 200 day simple moving average of $363.58. The stock has a market capitalization of $103.61 billion, a PE ratio of 35.65, a P/E/G ratio of 2.94 and a beta of 1.17.

Marriott International (NASDAQ:MAR) last issued its earnings results on Monday, August 3rd. The company reported $3.19 earnings per share for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $7.19 billion. During the same period in the previous year, the company earned $2.65 earnings per share. The firm’s revenue for the quarter 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. On average, equities analysts predict that Marriott International, Inc. will post 11.70 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

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