Marriott International, Inc. $MAR Stock Acquired by Penobscot Investment Management Company Inc.

Key Points

• Penobscot Investment Management increased its Marriott stake by 30.8% in the third quarter, owning 19,137 shares valued at approximately $6.8 million. Institutional investors collectively hold 70.7% of MAR’s outstanding shares.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $383.52; Morgan Stanley recently raised its target to $403.
• Marriott reported quarterly EPS of $3.19, exceeding the $3.08 consensus estimate, while maintaining a quarterly dividend of $0.73, or $2.92 annually.

Penobscot Investment Management Company Inc. lifted its stake in Marriott International, Inc. (NASDAQ:MAR - Free Report) by 30.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,137 shares of the company's stock after purchasing an additional 4,504 shares during the period. Penobscot Investment Management Company Inc.'s holdings in Marriott International were worth $6,806,000 at the end of the most recent quarter.

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

Analyst Upgrades and Downgrades

MAR has been the topic of several research reports. Erste Group Bank initiated coverage on Marriott International in a research note on Thursday, August 27th. They set a "buy" rating on the stock. Barclays lifted their price objective on Marriott International from $348.00 to $363.00 and gave the stock an "equal weight" rating in a research report on Friday, October 16th. Morgan Stanley boosted their price objective on Marriott International from $384.00 to $403.00 and gave the stock an "overweight" rating in a report on Thursday, October 22nd. Stifel Nicolaus cut their target price on shares of Marriott International from $365.00 to $343.00 and set a "hold" rating on the stock in a research report on Monday, August 3rd. Finally, China Intl Cap raised shares of Marriott International to a "strong-buy" rating in a research note on Wednesday, August 12th. Two equities research 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 given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $383.52.

More Marriott International News

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

• Positive Sentiment: Morgan Stanley raised its price target for Marriott to $403, signaling continued confidence in the hotel operator’s outlook. The target implies additional upside from the reported trading level, although the increase is relatively modest. Morgan Stanley raises target for Marriott International stock to USD 403
• Positive Sentiment: BMO Capital raised its price target to $420 from $395, reinforcing the bullish analyst view and suggesting expectations for continued growth in Marriott’s earnings and lodging demand. BMO Capital Adjusts Price Target on Marriott International to $420 From $395
• Positive Sentiment: Analysts remain bullish on MAR among consumer-cyclical stocks, providing broader sector support for the shares. Analysts Are Bullish on These Consumer Cyclical Stocks
• Positive Sentiment: Marriott is expected to report earnings growth next week, and Zacks says its earnings-estimate setup could support a potential beat. A stronger-than-expected report could help justify the stock’s elevated valuation. Marriott International Reports Next Week
• Neutral Sentiment: Marriott is expanding the role of in-room televisions beyond entertainment, highlighting efforts to improve the guest experience and strengthen hotel technology offerings. The financial impact is not yet clear. Hotel Tech-in: Marriott’s guest room TV goes beyond entertainment
• Neutral Sentiment: News coverage is comparing MAR’s year-to-date performance with the broader consumer-discretionary sector, but it does not identify a new fundamental catalyst. Are Consumer Discretionary Stocks Lagging Marriott International This Year?
• Neutral Sentiment: A reported increase in short interest is inconsistent with the accompanying figure of zero shares, making the data unreliable and unlikely to provide a meaningful trading signal.

Marriott International Stock Performance

MAR opened at $390.23 on Wednesday. The company has a fifty day moving average price of $357.81 and a two-hundred day moving average price of $354.65. Marriott International, Inc. has a 52 week low of $256.76 and a 52 week high of $410.98. The firm has a market capitalization of $101.76 billion, a PE ratio of 40.44 and a beta of 1.17.

Marriott International (NASDAQ:MAR - Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The company reported $3.19 earnings per share for the quarter, beating analysts' consensus estimates of $3.08 by $0.11. The company had revenue of $2.01 billion during the quarter, compared to analyst estimates of $7.19 billion. The business's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period last year, the company earned $2.65 EPS. 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 analysts forecast that Marriott International, Inc. will post 11.72 EPS for the current year.

Marriott International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, August 20th were issued a $0.73 dividend. 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 is currently 30.26%.

Insider Transactions at Marriott International

In other news, insider Deborah Harrison sold 3,500 shares of the company's 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 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 sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider David S. Marriott sold 3,500 shares of the company'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 completion of the sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 11.43% of the company's stock.

Marriott International Company Profile

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.

Want to see what other hedge funds are holding MAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marriott International, Inc. (NASDAQ:MAR - Free Report).

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.