ProShare Advisors LLC grew its position in shares of Marriott International, Inc. (NASDAQ:MAR – Free Report) by 3.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 288,709 shares of the company’s stock after acquiring an additional 8,951 shares during the quarter. ProShare Advisors LLC’s holdings in Marriott International were worth $102,685,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Evelyn Partners Investment Management Services Ltd bought a new stake in Marriott International during the first quarter valued at approximately $25,000. Wilkerson Advisory Group LLC raised 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 acquiring an additional 47 shares during the period. IMG Wealth Management Inc. raised 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 acquiring an additional 41 shares during the period. Scarborough Advisors LLC purchased a new position in shares of Marriott International during the 1st quarter worth $32,000. Finally, Meeder Asset Management Inc. boosted its stake in shares of Marriott International by 57.6% during the 1st quarter. Meeder Asset Management Inc. now owns 104 shares of the company’s stock worth $34,000 after acquiring an additional 38 shares during the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.
Marriott International Stock Down 0.1%
MAR stock opened at $399.30 on Friday. The business’s fifty day simple moving average is $360.20 and its two-hundred day simple moving average is $355.73. Marriott International, Inc. has a twelve month low of $256.76 and a twelve month high of $410.98. The firm has a market cap of $104.13 billion, a price-to-earnings ratio of 41.38, a PEG ratio of 3.03 and a beta of 1.17.
Marriott International (NASDAQ:MAR – Get Free Report) last announced 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. The firm had revenue of $2.01 billion during the quarter, compared to analyst estimates of $7.19 billion. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%. Marriott International’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.65 earnings per share. 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. Research analysts expect that Marriott International, Inc. will post 11.73 EPS for the current year.
Marriott International Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, August 20th were issued 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 dividend payout ratio (DPR) is presently 30.26%.
Analyst Ratings Changes
A number of research firms have issued reports on MAR. Deutsche Bank Aktiengesellschaft reduced their price objective on Marriott International from $379.00 to $372.00 and set a “hold” rating on the stock in a research note on Tuesday, August 4th. Freedom Broker initiated coverage on Marriott International in a research report on Wednesday, October 14th. They set a “buy” rating and a $408.00 target price for the company. Wolfe Research initiated coverage on shares of Marriott International in a research report on Wednesday, September 2nd. They issued a “hold” rating on the stock. Argus decreased their price target on shares of Marriott International from $445.00 to $425.00 and set a “buy” rating on the stock in a research note on Friday, August 14th. Finally, UBS Group dropped their price objective on shares of Marriott International from $412.00 to $395.00 and set a “neutral” rating for the company in a research note on Thursday, August 20th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $383.52.
Read Our Latest Research Report on Marriott International
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 Buying and Selling
In related news, insider Deborah Harrison sold 3,500 shares of the business’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 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 sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider David Marriott sold 3,500 shares of the stock in a transaction 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 sale, the insider directly owned 282,383 shares in the company, valued at $99,424,230.47. This trade represents a 1.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 11.43% of the company’s stock.
About Marriott International
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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