Marriott International, Inc. $MAR Stock Sold by EULAV Asset Management

Key Points

• EULAV Asset Management cut its Marriott International stake by 14.3% in the third quarter, selling 4,000 shares and retaining 24,000 shares valued at approximately $8.5 million. Institutional investors collectively own 70.7% of MAR.
• Marriott insiders David Marriott and Deborah Harrison each sold 3,500 shares at an average price of $352.09, while company insiders continue to own 11.43% of the stock.
• MAR recently traded near $390.71 and pays a quarterly dividend of $0.73, or $2.92 annually, for a 0.7% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $383.52.

EULAV Asset Management lowered its holdings in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) by 14.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,000 shares of the company's stock after selling 4,000 shares during the period. EULAV Asset Management's holdings in Marriott International were worth $8,536,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MAR. Kintegral Advisory LLC raised its holdings in shares of Marriott International by 0.6% in the 3rd quarter. Kintegral Advisory LLC now owns 4,731 shares of the company's stock worth $1,683,000 after purchasing an additional 26 shares in the last quarter. Evergreen Capital Management LLC lifted its position in shares of Marriott International by 0.5% during the 3rd quarter. Evergreen Capital Management LLC now owns 5,366 shares of the company's stock valued at $1,909,000 after acquiring an additional 26 shares during the last quarter. World Equity Group Inc. lifted its position in shares of Marriott International by 2.0% during the 2nd quarter. World Equity Group Inc. now owns 1,437 shares of the company's stock valued at $533,000 after acquiring an additional 28 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in shares of Marriott International by 1.2% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,472 shares of the company's stock worth $808,000 after purchasing an additional 30 shares during the period. Finally, Paragon Private Wealth Management LLC lifted its holdings in shares of Marriott International by 4.4% during the first quarter. Paragon Private Wealth Management LLC now owns 743 shares of the company's stock valued at $243,000 after purchasing an additional 31 shares during the last quarter. 70.70% of the stock is currently owned by institutional investors.

Insider Activity at Marriott International

In related news, insider David Marriott sold 3,500 shares of the business's stock in a transaction that occurred on Friday, September 25th. The shares were sold at an average price of $352.09, for a total transaction 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. The trade was a 1.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Deborah Harrison sold 3,500 shares of the 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 sale, the insider owned 282,383 shares of the company's stock, valued at approximately $99,424,230.47. This represents a 1.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 11.43% of the company's stock.

Marriott International Stock Performance

Shares of MAR stock opened at $390.71 on Monday. Marriott International, Inc. has a 1-year low of $256.76 and a 1-year high of $410.98. The company has a market capitalization of $101.89 billion, a price-to-earnings ratio of 40.49, a P/E/G ratio of 2.94 and a beta of 1.17. The stock's fifty day simple moving average is $355.97 and its 200-day simple moving average is $364.91.

Marriott International (NASDAQ:MAR - Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The company reported $3.19 earnings per share (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 firm had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $7.19 billion. During the same period in the prior year, the business earned $2.65 EPS. The business's revenue for the quarter 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. On average, sell-side analysts predict that Marriott International, Inc. will post 11.72 EPS for the current year.

Marriott International Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on MAR shares. Weiss Ratings reiterated a "buy (b)" rating on shares of Marriott International in a research report on Friday, August 7th. Truist Financial boosted their price objective on Marriott International from $356.00 to $360.00 and gave the stock a "hold" rating in a report on Thursday, September 10th. Mizuho reduced their price objective on shares of Marriott International from $384.00 to $374.00 and set a "neutral" rating for the company in a research note on Tuesday, August 4th. CICC Research initiated coverage on shares of Marriott International in a report on Wednesday, August 12th. They issued an "outperform" rating and a $410.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Marriott International from $379.00 to $372.00 and set a "hold" rating on the stock in a research report on Tuesday, August 4th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, Marriott International currently has a consensus rating of "Moderate Buy" and an average target price of $383.52.

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.