Marriott International, Inc. $MAR Position Reduced by M&T Bank Corp

Key Points

• M&T Bank trimmed its stake in Marriott by 33.0% in Q4, selling 13,583 shares and leaving 27,637 shares valued at about $8.57 million.
• Multiple analysts have raised price targets recently, leaving the stock with a consensus rating of Moderate Buy and an average price target of $357.27.
• Company insiders have sold a total of 95,540 shares worth roughly $34.27 million in the past 90 days, with insiders now owning about 11.43% of the stock.

M&T Bank Corp trimmed its stake in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) by 33.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 27,637 shares of the company's stock after selling 13,583 shares during the quarter. M&T Bank Corp's holdings in Marriott International were worth $8,574,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of MAR. Triumph Capital Management bought a new position in shares of Marriott International in the 3rd quarter worth about $28,000. Darwin Wealth Management LLC bought a new position in shares of Marriott International in the 2nd quarter worth about $37,000. Root Financial Partners LLC bought a new position in shares of Marriott International in the 3rd quarter worth about $41,000. Smallwood Wealth Investment Management LLC lifted its position in shares of Marriott International by 312.5% in the 3rd quarter. Smallwood Wealth Investment Management LLC now owns 165 shares of the company's stock worth $43,000 after buying an additional 125 shares during the last quarter. Finally, ORG Wealth Partners LLC bought a new position in shares of Marriott International in the 3rd quarter worth about $44,000. 70.70% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Morgan Stanley raised their price target on shares of Marriott International from $331.00 to $350.00 and gave the stock an "overweight" rating in a research report on Friday, April 10th. Sanford C. Bernstein raised their price target on shares of Marriott International from $329.00 to $369.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 6th. The Goldman Sachs Group increased their price objective on shares of Marriott International from $355.00 to $398.00 and gave the stock a "buy" rating in a report on Wednesday, February 11th. Barclays increased their price objective on shares of Marriott International from $356.00 to $372.00 and gave the stock an "equal weight" rating in a report on Thursday, April 16th. Finally, Wells Fargo & Company increased their price objective on shares of Marriott International from $353.00 to $403.00 and gave the stock an "overweight" rating in a report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $357.27.

Marriott International Stock Down 0.3%

MAR stock opened at $367.15 on Friday. Marriott International, Inc. has a fifty-two week low of $231.21 and a fifty-two week high of $380.00. The firm's 50-day simple moving average is $341.12 and its 200 day simple moving average is $314.57. The stock has a market cap of $97.27 billion, a PE ratio of 38.69, a price-to-earnings-growth ratio of 3.23 and a beta of 1.10.

Marriott International (NASDAQ:MAR - Get Free Report) last released 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). The firm had revenue of $6.69 billion during the quarter, compared to analyst estimates of $6.67 billion. Marriott International had a negative return on equity of 84.23% and a net margin of 9.93%.The firm's revenue was up 4.1% on a year-over-year basis. During the same period last year, the business earned $2.45 EPS. 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. Equities analysts forecast that Marriott International, Inc. will post 11.68 EPS for the current fiscal year.

Marriott International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, February 26th were paid a dividend of $0.67 per share. The ex-dividend date of this dividend was Thursday, February 26th. This represents a $2.68 annualized dividend and a yield of 0.7%. Marriott International's dividend payout ratio (DPR) is presently 28.24%.

Insider Activity

In other Marriott International news, insider David S. Marriott sold 4,747 shares of the firm's stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $360.00, for a total transaction of $1,708,920.00. Following the transaction, the insider owned 591,669 shares of the company's stock, valued at approximately $213,000,840. This trade represents a 0.80% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider William P. Brown sold 9,456 shares of the firm's stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $358.25, for a total transaction of $3,387,612.00. Following the transaction, the insider directly owned 11,000 shares in the company, valued at approximately $3,940,750. The trade was a 46.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 95,540 shares of company stock worth $34,274,055 in the last 90 days. 11.43% of the stock is currently owned by corporate insiders.

About Marriott International

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.

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.