Cidel Asset Management Inc. Trims Stock Holdings in Marriott International, Inc. $MAR

Key Points

• Cidel Asset Management cut its stake in Marriott by 9% in Q4, selling 7,916 shares and leaving it with 79,769 shares valued at about $24.75 million, making MAR ~1.8% of the fund and its 17th-largest position.
• Insider selling was substantial: EVP Drew Pinto sold 4,000 shares (~$359.81 each) and Rajeev Menon sold 3,492 shares ($354 each), with insiders offloading 95,540 shares worth $34.27 million in the quarter and retaining 10.68% ownership.
• Earnings and outlook: Marriott narrowly missed Q4 EPS ($2.58 vs. $2.61) while revenue rose 4.1% to $6.69 billion; management guided FY2026 EPS to $11.32–11.57 and analysts show a consensus "Moderate Buy" with a $343.47 price target.

Cidel Asset Management Inc. cut its holdings in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) by 9.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 79,769 shares of the company's stock after selling 7,916 shares during the period. Marriott International accounts for about 1.8% of Cidel Asset Management Inc.'s holdings, making the stock its 17th biggest position. Cidel Asset Management Inc.'s holdings in Marriott International were worth $24,748,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of MAR. Sowell Financial Services LLC boosted its stake in Marriott International by 1.0% during the 4th quarter. Sowell Financial Services LLC now owns 4,390 shares of the company's stock worth $1,362,000 after purchasing an additional 43 shares during the period. Secure Asset Management LLC raised its holdings in shares of Marriott International by 8.9% in the fourth quarter. Secure Asset Management LLC now owns 1,971 shares of the company's stock valued at $611,000 after buying an additional 161 shares during the last quarter. Realta Investment Advisors acquired a new stake in shares of Marriott International during the fourth quarter worth about $314,000. Signaturefd LLC grew its holdings in shares of Marriott International by 5.0% during the fourth quarter. Signaturefd LLC now owns 6,743 shares of the company's stock worth $2,092,000 after buying an additional 322 shares during the last quarter. Finally, Ascent Group LLC increased its position in Marriott International by 26.0% in the 4th quarter. Ascent Group LLC now owns 3,637 shares of the company's stock valued at $1,128,000 after acquiring an additional 751 shares during the period. Hedge funds and other institutional investors own 70.70% of the company's stock.

Insider Activity

In other Marriott International news, EVP Drew Pinto sold 4,000 shares of the company's stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $359.81, for a total transaction of $1,439,240.00. Following the transaction, the executive vice president directly owned 8,221 shares in the company, valued at approximately $2,957,998.01. This represents a 32.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Rajeev Menon sold 3,492 shares of Marriott International stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $354.00, for a total transaction of $1,236,168.00. Following the sale, the insider owned 6,000 shares of the company's stock, valued at approximately $2,124,000. The trade was a 36.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 95,540 shares of company stock valued at $34,274,055 in the last quarter. Insiders own 10.68% of the company's stock.

Marriott International Price Performance

MAR opened at $331.93 on Monday. Marriott International, Inc. has a 12 month low of $205.40 and a 12 month high of $370.00. The stock has a market capitalization of $87.94 billion, a P/E ratio of 34.98, a P/E/G ratio of 2.93 and a beta of 1.10. The business has a 50 day simple moving average of $332.05 and a 200-day simple moving average of $305.12.

Marriott International (NASDAQ:MAR - Get Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $2.58 earnings per share for the quarter, missing analysts' consensus estimates of $2.61 by ($0.03). Marriott International had a negative return on equity of 84.23% and a net margin of 9.93%.The business had revenue of $6.69 billion for the quarter, compared to analyst estimates of $6.67 billion. During the same period in the prior year, the company earned $2.45 EPS. The company's revenue was up 4.1% on a year-over-year basis. Marriott International has set its FY 2026 guidance at 11.320-11.570 EPS and its Q1 2026 guidance at 2.500-2.550 EPS. Research analysts anticipate that Marriott International, Inc. will post 10.1 EPS for the current year.

Marriott International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, February 26th were paid a $0.67 dividend. The ex-dividend date was Thursday, February 26th. This represents a $2.68 annualized dividend and a dividend yield of 0.8%. Marriott International's dividend payout ratio (DPR) is 28.24%.

Wall Street Analysts Forecast Growth

MAR has been the subject of a number of recent research reports. The Goldman Sachs Group increased their price objective on Marriott International from $355.00 to $398.00 and gave the stock a "buy" rating in a research report on Wednesday, February 11th. Weiss Ratings restated a "buy (b-)" rating on shares of Marriott International in a research note on Thursday, January 22nd. Jefferies Financial Group lifted their price objective on shares of Marriott International from $357.00 to $415.00 and gave the company a "buy" rating in a research report on Wednesday, February 11th. Barclays boosted their price objective on shares of Marriott International from $320.00 to $356.00 and gave the company an "equal weight" rating in a research note on Wednesday, February 11th. Finally, BMO Capital Markets upgraded shares of Marriott International from a "market perform" rating to an "outperform" rating and raised their target price for the stock from $285.00 to $370.00 in a research note on Friday, January 9th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $343.47.

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.

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