Marriott International, Inc. $MAR Stock Holdings Reduced by Assenagon Asset Management S.A.

Key Points

• Assenagon Asset Management cut its Marriott stake by 75.1% in the third quarter, selling 270,544 shares and retaining 89,836 shares valued at approximately $32.0 million. Institutional investors still own 70.7% of MAR.
• Marriott insiders Deborah Harrison and David S. Marriott each sold 3,500 shares at an average price of $352.09, while insiders collectively own 11.43% of the company.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $381.87, below the stock’s reported $388.05 opening price; Marriott most recently beat quarterly EPS estimates and raised revenue 4.8% year over year.

Assenagon Asset Management S.A. cut its holdings in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) by 75.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 89,836 shares of the company's stock after selling 270,544 shares during the quarter. Assenagon Asset Management S.A.'s holdings in Marriott International were worth $31,952,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in MAR. Maryland Capital Advisors Inc. purchased a new position in Marriott International in the 3rd quarter worth $42,000. Turtle Creek Wealth Advisors LLC lifted its stake in Marriott International by 2.3% in the third quarter. Turtle Creek Wealth Advisors LLC now owns 4,318 shares of the company's stock worth $1,536,000 after purchasing an additional 96 shares during the last quarter. VMS Asset Management Limited purchased a new stake in Marriott International during the third quarter valued at about $2,927,000. Ashurst Perkins Coie Trust Co grew its stake in shares of Marriott International by 2.4% during the third quarter. Ashurst Perkins Coie Trust Co now owns 8,622 shares of the company's stock valued at $3,066,000 after buying an additional 206 shares during the last quarter. Finally, Mather Group LLC. grew its stake in shares of Marriott International by 382.4% during the third quarter. Mather Group LLC. now owns 4,033 shares of the company's stock valued at $1,434,000 after buying an additional 3,197 shares during the last quarter. 70.70% of the stock is currently owned by institutional investors.

Insider Transactions at Marriott International

In related news, insider Deborah Harrison sold 3,500 shares of the 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 transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider David S. Marriott sold 3,500 shares of the firm'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 completion of the sale, the insider owned 282,383 shares of the company's stock, 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.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on MAR shares. Stifel Nicolaus decreased their price objective on Marriott International from $365.00 to $343.00 and set a "hold" rating on the stock in a report on Monday, August 3rd. Mizuho decreased their price target on Marriott International from $384.00 to $374.00 and set a "neutral" rating on the stock in a research note on Tuesday, August 4th. Erste Group Bank started coverage on Marriott International in a research report on Thursday, August 27th. They issued a "buy" rating for the company. Freedom Broker assumed coverage on Marriott International in a research note on Wednesday. They set a "buy" rating and a $408.00 price objective for the company. Finally, China Intl Cap upgraded shares of Marriott International to a "strong-buy" rating in a report on Wednesday, August 12th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $381.87.

Key Stories Impacting Marriott International

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

• Positive Sentiment: Jefferies raised its price target to $429 from $417, implying continued upside and reinforcing a constructive view of Marriott’s earnings and lodging-sector prospects. Jefferies Adjusts Price Target on Marriott International
• Positive Sentiment: Goldman Sachs increased its target to $406 from $400, signaling modestly improved expectations for Marriott’s valuation. Goldman Sachs Adjusts Price Target on Marriott International
• Positive Sentiment: Analysts expect double-digit EPS growth when Marriott reports third-quarter 2026 results in November, providing a near-term catalyst if the company meets or exceeds expectations. Marriott International's Q3 2026 Earnings: What to Expect
• Positive Sentiment: Freedom Broker initiated coverage with a Buy rating, while broader reports describe renewed optimism for major lodging companies, including Marriott. Freedom Broker initiates coverage of Marriott International at buy
• Positive Sentiment: Marriott’s investment in the Maldives to attract Indian travelers supports its international growth and exposure to expanding outbound tourism. How Marriott Is Investing in the Maldives to Win Indian Travelers
• Neutral Sentiment: Asia-Pacific dining trends identified by Marriott could support guest engagement and food-and-beverage revenue, though the report does not provide a specific financial forecast. Local flavours shape Asia-Pacific dining trends for 2027
• Negative Sentiment: Barclays raised its target to $363 but retained an Equal Weight rating, implying approximately 6.5% downside from the current level. Barclays Raises Marriott Price Target
• Negative Sentiment: The reported analyst consensus target of $381.22 is below the current trading level, suggesting valuation concerns despite the recent target increases. Marriott International Consensus Target Price

Marriott International Price Performance

MAR opened at $388.05 on Friday. The business has a 50 day simple moving average of $351.62 and a two-hundred day simple moving average of $362.38. The firm has a market capitalization of $101.19 billion, a price-to-earnings ratio of 40.21, a PEG ratio of 2.92 and a beta of 1.17. Marriott International, Inc. has a one year low of $256.76 and a one year high of $410.98.

Marriott International (NASDAQ:MAR - Get Free Report) last released 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 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 analysts' expectations of $7.19 billion. During the same quarter last year, the business posted $2.65 EPS. The business's 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. As a group, sell-side analysts expect that Marriott International, Inc. will post 11.70 EPS for the current fiscal year.

Marriott International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, August 20th were given a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, August 20th. Marriott International's dividend payout ratio (DPR) is currently 30.26%.

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.

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