Marriott International, Inc. $MAR Holdings Cut by Axecap Investments LLC

Key Points

• Axecap Investments LLC cut its Marriott stake by 59.2% in the third quarter, selling 4,992 shares and retaining 3,437 shares worth approximately $1.22 million.
• Institutional ownership remains substantial at 70.7%, while analysts maintain a consensus “Moderate Buy” rating with an average price target of $381.91.
• Marriott shares opened at $397.31, near their 52-week high, and the company reported quarterly EPS of $3.19—above expectations—alongside a quarterly dividend of $0.73 per share.

Axecap Investments LLC trimmed its stake in Marriott International, Inc. (NASDAQ:MAR - Free Report) by 59.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,437 shares of the company's stock after selling 4,992 shares during the quarter. Axecap Investments LLC's holdings in Marriott International were worth $1,222,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. State Street Corp raised its position in shares of Marriott International by 2.9% in the 2nd quarter. State Street Corp now owns 9,644,773 shares of the company's stock worth $3,574,256,000 after purchasing an additional 272,044 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Marriott International by 0.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 727,472 shares of the company's stock valued at $237,893,000 after purchasing an additional 5,530 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its stake in Marriott International by 5.9% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 664,123 shares of the company's stock valued at $236,209,000 after purchasing an additional 36,765 shares in the last quarter. Swiss National Bank increased its stake in Marriott International by 5.9% during the 1st quarter. Swiss National Bank now owns 669,398 shares of the company's stock valued at $218,940,000 after purchasing an additional 37,080 shares in the last quarter. Finally, Hsbc Holdings PLC raised its holdings in Marriott International by 15.3% in the second quarter. Hsbc Holdings PLC now owns 470,593 shares of the company's stock worth $174,311,000 after buying an additional 62,529 shares during the last quarter. 70.70% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on MAR shares. Mizuho dropped their target price on shares of Marriott International from $384.00 to $374.00 and set a "neutral" rating on the stock in a research note on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft dropped their price objective on Marriott International from $379.00 to $372.00 and set a "hold" rating on the stock in a research report on Tuesday, August 4th. Truist Financial boosted their target price on Marriott International from $356.00 to $360.00 and gave the stock a "hold" rating in a research report on Thursday, September 10th. JPMorgan Chase & Co. lowered their target price on shares of Marriott International from $400.00 to $388.00 and set a "neutral" rating on the stock in a research note on Tuesday, August 4th. Finally, 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. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $381.91.

Insiders Place Their Bets

In related news, insider Deborah Harrison sold 3,500 shares of the firm's stock in a transaction on Friday, September 25th. The stock was sold at an average price of $352.09, for a total value of $1,232,315.00. Following the transaction, the insider directly owned 282,383 shares of the company's stock, valued at approximately $99,424,230.47. This trade represents a 1.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider David Marriott sold 3,500 shares of the business's stock in a transaction dated 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 of the company's stock, valued at $99,424,230.47. This represents a 1.22% decrease in their position. The disclosure for this sale is available in the SEC filing. 11.43% of the stock is currently owned by company insiders.

Marriott International Price Performance

NASDAQ MAR opened at $397.31 on Wednesday. The stock has a market capitalization of $103.61 billion, a price-to-earnings ratio of 41.17, a PEG ratio of 2.94 and a beta of 1.17. Marriott International, Inc. has a 1-year low of $256.76 and a 1-year high of $410.98. The business's fifty day moving average price is $353.42 and its 200-day moving average price is $363.58.

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 for the quarter, topping the consensus estimate of $3.08 by $0.11. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The firm had revenue of $2.01 billion for the quarter, compared to analysts' expectations of $7.19 billion. During the same quarter in the prior year, the business earned $2.65 EPS. The business's quarterly 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. Equities research analysts anticipate that Marriott International, Inc. will post 11.70 EPS for the current year.

Marriott International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, August 20th were paid a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Thursday, August 20th. Marriott International's dividend payout ratio is 30.26%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.