Insider Selling: Marriott International (NASDAQ:MAR) CEO Sells $26,616,702.60 in Stock

Marriott International, Inc. (NASDAQ:MAR) CEO Anthony Capuano sold 63,355 shares of Marriott International stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $420.12, for a total value of $26,616,702.60. Following the completion of the transaction, the chief executive officer owned 50,867 shares of the company’s stock, valued at approximately $21,370,244.04. This represents a 55.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Marriott International Stock Performance

NASDAQ MAR opened at $416.47 on Monday. The stock has a market capitalization of $107.24 billion, a price-to-earnings ratio of 41.56, a PEG ratio of 3.07 and a beta of 1.15. The stock has a 50-day moving average of $366.29 and a 200 day moving average of $358.15. Marriott International, Inc. has a twelve month low of $280.99 and a twelve month high of $433.30.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data on Monday, November 2nd. The company reported $3.02 EPS for the quarter, beating the consensus estimate of $2.84 by $0.18. The company had revenue of $7 billion for the quarter, compared to analyst estimates of $6.93 billion. Marriott International had a negative return on equity of 69.94% and a net margin of 9.68%. Marriott International’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same period last year, the company earned $2.47 earnings per share. Equities analysts predict that Marriott International, Inc. will post 12.10 EPS for the current fiscal year.

Marriott International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Thursday, November 19th will be paid a $0.73 dividend. The ex-dividend date of this dividend is Thursday, November 19th. This represents a $2.92 dividend on an annualized basis and a yield of 0.7%. Marriott International’s dividend payout ratio (DPR) is currently 29.14%.

Analyst Upgrades and Downgrades

MAR has been the subject of a number of research analyst reports. Jefferies Financial Group restated a “buy” rating on shares of Marriott International in a research report on Wednesday. TD Cowen raised shares of Marriott International to a “strong-buy” rating in a report on Tuesday, September 8th. The Goldman Sachs Group lifted their target price on shares of Marriott International from $406.00 to $456.00 and gave the company a “buy” rating in a research report on Tuesday, November 3rd. JPMorgan Chase & Co. boosted their target price on shares of Marriott International from $388.00 to $406.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 21st. Finally, Stifel Nicolaus set a $402.00 price target on shares of Marriott International in a research report on Monday, November 2nd. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Marriott International currently has a consensus rating of “Moderate Buy” and a consensus price target of $399.04.

Institutional Trading of Marriott International

Large investors have recently made changes to their positions in the company. Evelyn Partners Investment Management Services Ltd acquired a new stake in Marriott International during the 1st quarter worth $25,000. Wilkerson Advisory Group LLC lifted 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 valued at $27,000 after acquiring an additional 47 shares during the last quarter. IMG Wealth Management Inc. boosted its stake in Marriott International by 100.0% in the first quarter. IMG Wealth Management Inc. now owns 82 shares of the company’s stock valued at $27,000 after acquiring an additional 41 shares in the last quarter. Scarborough Advisors LLC acquired a new position in Marriott International in the first quarter valued at $32,000. Finally, Meeder Asset Management Inc. grew its holdings in shares of Marriott International by 57.6% during the first quarter. Meeder Asset Management Inc. now owns 104 shares of the company’s stock worth $34,000 after purchasing an additional 38 shares during the last quarter. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

Marriott International News Summary

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

• Positive Sentiment: Marriott declared a quarterly cash dividend of $0.73 per share, payable December 31 to shareholders of record November 19. The annualized dividend is $2.92, a modest income-return component for investors. Marriott dividend announcement
• Positive Sentiment: Recent quarterly results beat analyst estimates for earnings and revenue; a MarketBeat review noted that fee growth outpaced room revenue, supporting the view that Marriott’s performance is not solely dependent on travel demand. Marriott earnings analysis
• Positive Sentiment: Marriott is entering Laos with a Luxury Collection property, extending its international brand presence and potential fee-generating hotel network. Marriott debuts in Laos
• Positive Sentiment: Recent headlines point to bullish views from Robert W. Baird, Barclays and Goldman Sachs, while Zacks characterized MAR as a strong momentum stock. These indicate favorable analyst and trend sentiment, though the provided reports give no price targets or detailed rationale. Baird view Barclays view Goldman Sachs view Zacks momentum article
• Negative Sentiment: CEO Anthony Capuano sold 63,355 shares for about $26.6 million, reducing his direct stake by 55.47%. EVPs Rena Reiss and Benjamin Breland also sold shares. Multiple insider sales can raise investor concern, although the filings alone do not establish the executives’ reasons. CEO SEC filing Rena Reiss SEC filing Benjamin Breland SEC filing
• Negative Sentiment: Freedom Broker downgraded Marriott from “strong buy” to “hold,” tempering the otherwise positive analyst headlines. Freedom Broker ratings

About Marriott International

Marriott International is a global lodging company that manages, franchises, and licenses hotels, resorts, and other accommodations. Its portfolio spans luxury, premium, select-service, and extended-stay brands, including The Ritz-Carlton, St. Regis, W Hotels, Marriott, Sheraton, Courtyard, Residence Inn, and Moxy.

The company traces its origins to a root beer stand opened by J. Willard and Alice Marriott in Washington, DC, in 1927. It entered the lodging business in the 1950s and is headquartered in Bethesda, Maryland.

Marriott serves travelers in countries and territories around the world and offers the Marriott Bonvoy loyalty program.