Harbor Investment Advisory LLC Reduces Stake in Marriott International, Inc. $MAR

Harbor Investment Advisory LLC decreased its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 0.4% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 532,039 shares of the company’s stock after selling 1,872 shares during the quarter. Marriott International comprises 13.8% of Harbor Investment Advisory LLC’s investment portfolio, making the stock its biggest position. Harbor Investment Advisory LLC’s holdings in Marriott International were worth $197,168,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of MAR. Brighton Jones LLC boosted its holdings in shares of Marriott International by 2.5% during the fourth quarter. Brighton Jones LLC now owns 8,887 shares of the company’s stock worth $2,479,000 after acquiring an additional 218 shares during the period. Empowered Funds LLC increased its stake in shares of Marriott International by 39.1% during the first quarter. Empowered Funds LLC now owns 5,805 shares of the company’s stock worth $1,383,000 after purchasing an additional 1,631 shares during the period. Woodline Partners LP lifted its holdings in Marriott International by 39.6% during the 1st quarter. Woodline Partners LP now owns 19,332 shares of the company’s stock worth $4,605,000 after purchasing an additional 5,480 shares during the last quarter. Intech Investment Management LLC boosted its stake in Marriott International by 21.8% in the 1st quarter. Intech Investment Management LLC now owns 6,035 shares of the company’s stock valued at $1,438,000 after purchasing an additional 1,079 shares during the period. Finally, Sei Investments Co. grew its holdings in Marriott International by 3.8% in the 2nd quarter. Sei Investments Co. now owns 137,329 shares of the company’s stock valued at $37,520,000 after buying an additional 5,007 shares in the last quarter. 70.70% of the stock is owned by institutional investors.

Insider Activity

In related news, EVP Peggy Roe sold 3,000 shares of the stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $361.56, for a total transaction of $1,084,680.00. Following the sale, the executive vice president owned 19,827 shares in the company, valued at approximately $7,168,650.12. This trade represents a 13.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 11.43% of the company’s stock.

Key Headlines Impacting Marriott International

Here are the key news stories impacting Marriott International this week:

• Positive Sentiment: Marriott reported second-quarter adjusted EPS of $3.19, ahead of the roughly $3.06–$3.08 analyst consensus, compared with $2.65 a year earlier. Worldwide comparable RevPAR increased 3.4%, led by 5.0% growth in the U.S. and Canada. Marriott International Reports Second Quarter 2026 Results
• Positive Sentiment: Management raised its full-year 2026 adjusted EPS outlook to $11.64–$11.81 and increased its full-year room-revenue outlook. Fee revenue grew 13%, supporting the view that Marriott’s asset-light business model remains resilient.
• Positive Sentiment: The company added approximately 17,900 net rooms during the quarter, expanding net rooms 4.5% year over year. Its development pipeline reached a record nearly 4,200 properties and 629,000 rooms, while Marriott repurchased 3.0 million shares for $1.1 billion.
• Positive Sentiment: Marriott is rolling out “Ask Bonvoy,” an AI-powered conversational search tool intended to improve customer engagement and drive more direct bookings. It also expanded its Marriott Bonvoy and BetMGM rewards collaboration to Alberta, Canada. Marriott Adds AI-Powered Conversational Search Tool
• Neutral Sentiment: Analysts remain broadly constructive but lowered price targets: Wells Fargo cut its target to $425 while retaining an overweight rating; BMO lowered its target to $395 with an outperform rating. Baird and Mizuho moved to or maintained neutral ratings, with targets of $393 and $374, respectively.
• Negative Sentiment: Second-quarter revenue fell short of expectations, and international RevPAR declined 0.5%. The Middle East conflict significantly reduced travel demand and sales in the region, raising concerns about further weakness in international operations, openings and execution. Marriott Says Middle East Conflict Weighed on 2Q Sales
• Negative Sentiment: Third-quarter 2026 adjusted EPS guidance of $2.74–$2.82 was below the approximately $2.88 consensus estimate. Investors also view MAR’s valuation as elevated, with concerns about debt, regional volatility and a high earnings bar after the stock’s strong prior run.

Marriott International Stock Performance

MAR opened at $345.20 on Wednesday. Marriott International, Inc. has a 52-week low of $255.27 and a 52-week high of $410.98. The firm has a market cap of $91.03 billion, a P/E ratio of 36.22, a price-to-earnings-growth ratio of 2.71 and a beta of 1.10. The business’s fifty day moving average is $378.50 and its 200-day moving average is $354.76.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Monday, August 3rd. The company reported $3.19 EPS for the quarter, beating analysts’ consensus estimates of $3.08 by $0.11. Marriott International had a negative return on equity of 80.29% and a net margin of 9.62%.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 previous year, the firm earned $2.65 earnings per share. 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. On average, research analysts predict that Marriott International, Inc. will post 11.68 earnings per share for the current fiscal year.

Marriott International Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd were issued a dividend of $0.73 per share. This is a boost from Marriott International’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. Marriott International’s payout ratio is currently 30.64%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Susquehanna lifted their target price on Marriott International from $280.00 to $385.00 and gave the stock a “neutral” rating in a report on Thursday, April 23rd. Sanford C. Bernstein set a $412.00 price target on shares of Marriott International in a research report on Monday, June 15th. Weiss Ratings reiterated a “buy (b)” rating on shares of Marriott International in a research note on Monday, May 11th. Stifel Nicolaus increased their target price on shares of Marriott International from $352.00 to $365.00 and gave the stock a “hold” rating in a research report on Friday, July 17th. Finally, 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. Nine research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $386.65.

Marriott International Profile

Marriott International is a global lodging company that develops, manages and franchises a broad portfolio of hotels and related lodging facilities. Its core activities include hotel and resort management, franchise operations, property development and the provision of centralized services such as reservations, marketing and loyalty program management. The company’s brand architecture spans market segments from luxury and premium to select-service and extended-stay, enabling it to serve a wide range of business and leisure travelers as well as corporate and group customers.

The company traces its roots to the hospitality business founded by J.