Profund Advisors LLC decreased its stake in shares of Marriott International, Inc. (NASDAQ:MAR – Free Report) by 7.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,531 shares of the company’s stock after selling 1,550 shares during the quarter. Profund Advisors LLC’s holdings in Marriott International were worth $6,947,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in the business. State Street Corp raised its position in shares of Marriott International by 2.9% during the 2nd quarter. State Street Corp now owns 9,644,773 shares of the company’s stock valued at $3,574,256,000 after buying an additional 272,044 shares during the period. Jupiter Topco LLC acquired a new position in shares of Marriott International in the 2nd quarter valued at about $81,872,000. William Blair Investment Management LLC raised its stake in shares of Marriott International by 255.5% in the 2nd 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. Danske Bank A S increased its position in Marriott International by 170.4% in the 2nd quarter. Danske Bank A S now owns 326,743 shares of the company’s stock valued at $121,088,000 after acquiring an additional 205,886 shares during the period. Finally, Nykredit A S acquired a new position in shares of Marriott International in the 2nd quarter worth $44,942,000. Hedge funds and other institutional investors own 70.70% of the company’s stock.
Marriott International News Summary
Here are the key news stories impacting Marriott International this week:
- Positive Sentiment: Marriott’s upcoming earnings remain a potential catalyst. Analysts are focused on revenue per available room (RevPAR), fee income and cost controls, with expectations for higher earnings and revenue. MAR Gears Up for Q3 Earnings: RevPAR and Fee Growth in Focus
- Positive Sentiment: Marriott continues to expand its global hotel pipeline. Planned developments include a 282-room JW Marriott resort in Fiji, a Courtyard by Marriott in Takayama, Japan, and the company’s first EDITION hotel in Africa, in Cape Town. These projects could support long-term fee growth and brand visibility. JW Marriott brand to debut in Fiji Courtyard by Marriott in Takayama Marriott opens first African EDITION
- Neutral Sentiment: Marriott confirmed corporate job cuts. The move could improve operating efficiency and support margins, although it also signals efforts to manage costs amid an uncertain economic environment. Marriott Confirms Corporate Job Cuts
- Negative Sentiment: Evercore ISI lowered its price target for MAR to $400 from $420, reducing a valuation-related support for the shares. Evercore ISI Adjusts Price Target on Marriott
- Negative Sentiment: Exchange-traded funds were reported as net sellers of Marriott stock on October 27, creating near-term technical selling pressure. ETFs Are Net Sellers of Marriott
- Negative Sentiment: Investors are also assessing the potential effect of the Iran war and broader economic uncertainty on travel demand, costs and Marriott’s growth outlook ahead of earnings. Marriott shares in focus ahead of Q3 earnings
Insider Activity
In other Marriott International news, insider Deborah Harrison sold 3,500 shares of Marriott International stock in a transaction on Friday, September 25th. The shares were sold at an average price of $352.09, for a total transaction 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. The trade was 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 through this hyperlink. Also, insider David Marriott sold 3,500 shares of the stock in a transaction that occurred on 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 completion of the transaction, the insider 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 SEC filing for this sale provides additional information. 11.43% of the stock is owned by insiders.
Marriott International Stock Down 0.1%
Shares of NASDAQ MAR opened at $399.30 on Friday. The business has a fifty day simple moving average of $360.20 and a 200-day simple moving average of $355.73. Marriott International, Inc. has a 12 month low of $256.76 and a 12 month high of $410.98. The company has a market cap of $104.13 billion, a price-to-earnings ratio of 41.38, a P/E/G ratio of 3.03 and a beta of 1.17.
Marriott International (NASDAQ:MAR – Get Free Report) last issued its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $7.19 billion. During the same period last year, the business earned $2.65 earnings per share. The business’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. As a group, sell-side analysts expect that Marriott International, Inc. will post 11.73 EPS for the current fiscal year.
Marriott International Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, August 20th were paid a $0.73 dividend. 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%.
Wall Street Analyst Weigh In
MAR has been the subject of several recent analyst reports. Wolfe Research began coverage on shares of Marriott International in a report on Wednesday, September 2nd. They set a “hold” rating for the company. Wells Fargo & Company raised their price target on shares of Marriott International from $425.00 to $426.00 and gave the company an “overweight” rating in a report on Monday, October 19th. Weiss Ratings reissued a “buy (b)” rating on shares of Marriott International in a research report on Friday, August 7th. Barclays boosted their price target on shares of Marriott International from $348.00 to $363.00 and gave the stock an “equal weight” rating in a research report on Friday, October 16th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on Marriott International from $379.00 to $372.00 and set a “hold” rating for the company in a research report on Tuesday, August 4th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $383.52.
View Our Latest Stock Analysis on MAR
Marriott International 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.
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