Marriott International, Inc. $MAR Stake Cut by Sigma Planning Corp

Key Points

• Sigma Planning Corp cut its Marriott stake by 51.4% in the third quarter, selling 3,097 shares and retaining 2,930 shares valued at approximately $1.04 million.
• Other institutions increased their positions, and institutional investors collectively own 70.70% of Marriott. Analysts maintain a “Moderate Buy” consensus with an average price target of $383.52.
• Marriott shares opened at $399.65, near their 52-week high, while the company reported quarterly EPS above expectations and paid a quarterly dividend of $0.73 per share, equivalent to a 0.7% yield.

Sigma Planning Corp cut its stake in Marriott International, Inc. (NASDAQ:MAR - Free Report) by 51.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,930 shares of the company's stock after selling 3,097 shares during the quarter. Sigma Planning Corp's holdings in Marriott International were worth $1,042,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. State Street Corp grew its holdings in shares of Marriott International by 2.9% in the second quarter. State Street Corp now owns 9,644,773 shares of the company's stock valued at $3,574,256,000 after purchasing an additional 272,044 shares during the period. Jupiter Topco LLC acquired a new stake in Marriott International during the second quarter worth about $81,872,000. William Blair Investment Management LLC raised its stake in Marriott International by 255.5% during the second quarter. William Blair Investment Management LLC now owns 300,872 shares of the company's stock worth $111,500,000 after purchasing an additional 216,241 shares during the period. Danske Bank A S boosted its holdings in Marriott International by 170.4% in the 2nd quarter. Danske Bank A S now owns 326,743 shares of the company's stock valued at $121,088,000 after purchasing an additional 205,886 shares during the last quarter. Finally, Nykredit A S acquired a new position in Marriott International in the 2nd quarter valued at about $44,942,000. Hedge funds and other institutional investors own 70.70% of the company's stock.

Analyst Ratings Changes

Several research firms have recently weighed in on MAR. The Goldman Sachs Group dropped their price target on shares of Marriott International from $405.00 to $400.00 and set a "buy" rating for the company in a research note on Tuesday, August 4th. Morgan Stanley upped their price objective on Marriott International from $384.00 to $403.00 and gave the company an "overweight" rating in a report on Thursday, October 22nd. Truist Financial increased their price objective on Marriott International from $356.00 to $360.00 and gave the stock a "hold" rating in a research report on Thursday, September 10th. Freedom Broker initiated coverage on Marriott International in a research note on Wednesday, October 14th. They set a "buy" rating and a $408.00 target price for the company. Finally, Stifel Nicolaus reduced their target price on Marriott International from $365.00 to $343.00 and set a "hold" rating on the stock in a research report on Monday, August 3rd. Two investment 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 assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $383.52.

Insider Activity

In other Marriott International news, insider David Marriott sold 3,500 shares of Marriott International stock in a transaction dated 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 completion of the transaction, the insider directly owned 282,383 shares of the company's stock, valued at $99,424,230.47. The trade was a 1.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Deborah Harrison sold 3,500 shares of the business's stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $352.09, for a total transaction of $1,232,315.00. Following the sale, the insider owned 282,383 shares in the company, valued at $99,424,230.47. This trade represents a 1.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 11.43% of the company's stock.

Marriott International Stock Up 1.3%

Shares of NASDAQ MAR opened at $399.65 on Friday. The business's 50 day moving average is $359.35 and its two-hundred day moving average is $355.35. Marriott International, Inc. has a 52-week low of $256.76 and a 52-week high of $410.98. The firm has a market cap of $104.22 billion, a price-to-earnings ratio of 35.99, a PEG ratio of 2.99 and a beta of 1.17.

Marriott International (NASDAQ:MAR - Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The company reported $3.19 EPS for the quarter, topping the consensus estimate of $3.08 by $0.11. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%. The business had revenue of $2.01 billion during the quarter, compared to analyst estimates of $7.19 billion. During the same period last year, the business posted $2.65 earnings per share. The company'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. Analysts anticipate that Marriott International, Inc. will post 11.74 EPS for the current fiscal year.

Marriott International Dividend Announcement

The company also recently announced 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 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Thursday, August 20th. Marriott International's dividend payout ratio (DPR) is 30.26%.

More Marriott International News

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

• Positive Sentiment: International expansion: Pacifica Hotels signed an agreement to open a Courtyard by Marriott in Hida Takayama, Japan. The planned property expands Marriott’s global franchise footprint with relatively limited direct capital requirements. Pacifica Hotels to open Courtyard by Marriott in Takayama, Japan
• Positive Sentiment: Brand growth in Africa: Marriott opened its first EDITION hotel in Africa in Cape Town following a reported $66 million investment, strengthening the company’s luxury presence and geographic reach. Marriott opens first African EDITION
• Positive Sentiment: Upcoming earnings catalysts: Analysts are watching third-quarter RevPAR, fee income, revenue and cost controls. Expectations call for year-over-year earnings and revenue growth, supported by travel demand and Marriott’s loyalty programs. MAR Gears Up for Q3 Earnings
• Positive Sentiment: Promotional initiatives: Marriott’s JW Marriott and Gaylord properties are introducing holiday experiences with Coca-Cola, potentially supporting seasonal bookings, occupancy and ancillary revenue. Marriott holiday experiences with Coca-Cola
• Neutral Sentiment: Property-management expansion: Aimbridge Hospitality will manage the Delta Marriott Orlando Celebration, adding another operating property to Marriott’s network but offering a limited near-term financial catalyst. Aimbridge Hospitality to Manage Delta Marriott Orlando Celebration
• Negative Sentiment: Lower valuation target: Evercore ISI reduced its price target for MAR to $400 from $420, signaling more limited upside despite the firm’s ongoing coverage. Evercore ISI adjusts Marriott price target
• Negative Sentiment: Share-supply pressure: ETFs were net sellers of Marriott stock on October 27, creating short-term technical pressure. ETFs are net sellers of Marriott
• Negative Sentiment: Corporate job cuts: Marriott confirmed reductions in corporate positions. While the move may lower costs, it also raises concerns about restructuring and management’s response to industry cost pressures. Marriott confirms corporate job cuts

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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