Westwind Capital Sells 6,391 Shares of Marriott International, Inc. $MAR

Key Points

• Westwind Capital reduced its Marriott stake by 21.9%, selling 6,391 shares and retaining 22,747 shares worth approximately $8.09 million; Marriott represents about 1.9% of the firm’s portfolio.
• Marriott shares rose 1.3% to $361.08, while the company reported quarterly EPS of $3.19, exceeding analysts’ $3.08 estimate, and revenue growth of 4.8% year over year.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $385.88. Marriott also pays a quarterly dividend of $0.73 per share, representing a 0.8% yield.

Westwind Capital cut its stake in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) by 21.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 22,747 shares of the company's stock after selling 6,391 shares during the quarter. Marriott International accounts for approximately 1.9% of Westwind Capital's holdings, making the stock its 18th biggest position. Westwind Capital's holdings in Marriott International were worth $8,090,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Evelyn Partners Investment Management Services Ltd purchased a new stake in shares of Marriott International in the first quarter valued at about $25,000. Wilkerson Advisory Group LLC lifted its position in Marriott International by 127.0% in the first quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company's stock valued at $27,000 after purchasing an additional 47 shares during the period. IMG Wealth Management Inc. boosted its holdings in Marriott International by 100.0% in the 1st quarter. IMG Wealth Management Inc. now owns 82 shares of the company's stock valued at $27,000 after purchasing an additional 41 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new position in Marriott International during the 4th quarter worth approximately $32,000. Finally, Scarborough Advisors LLC purchased a new position in shares of Marriott International during the 1st quarter worth approximately $32,000. Hedge funds and other institutional investors own 70.70% of the company's stock.

Marriott International Stock Up 1.3%

NASDAQ MAR traded up $4.58 during mid-day trading on Thursday, hitting $361.08. The stock had a trading volume of 996,177 shares, compared to its average volume of 1,566,428. The company has a 50 day simple moving average of $349.37 and a 200 day simple moving average of $360.48. The company has a market cap of $94.16 billion, a price-to-earnings ratio of 37.42, a P/E/G ratio of 2.73 and a beta of 1.17. Marriott International, Inc. has a 52-week low of $256.76 and a 52-week high of $410.98.

Marriott International (NASDAQ:MAR - Get Free Report) last posted its earnings results on Monday, August 3rd. The company reported $3.19 earnings per share for the quarter, beating 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 company had revenue of $2.01 billion for the quarter, compared to analyst estimates of $7.19 billion. During the same quarter in the prior year, the company earned $2.65 earnings per share. Marriott International's revenue was up 4.8% compared to the same quarter last year. 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, equities analysts anticipate that Marriott International, Inc. will post 11.69 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

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

Insider Transactions at Marriott International

In related news, insider Deborah Harrison sold 3,500 shares of Marriott International stock in a transaction that occurred on 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 transaction, the insider directly owned 282,383 shares in the company, valued at $99,424,230.47. The trade was a 1.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider David S. Marriott sold 3,500 shares of the company'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 value of $1,232,315.00. Following the completion of the sale, the insider directly owned 282,383 shares in the company, valued at approximately $99,424,230.47. The trade was a 1.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 11.43% of the company's stock.

Wall Street Analysts Forecast Growth

MAR has been the topic of a number of analyst reports. BMO Capital Markets decreased their price target on Marriott International from $410.00 to $395.00 and set an "outperform" rating on the stock in a research note on Tuesday, August 4th. Truist Financial raised their target price on Marriott International from $356.00 to $360.00 and gave the company a "hold" rating in a report on Thursday, September 10th. Wells Fargo & Company decreased their target price on shares of Marriott International from $449.00 to $425.00 and set an "overweight" rating on the stock in a research report on Tuesday, August 4th. Wolfe Research assumed coverage on shares of Marriott International in a report on Wednesday, September 2nd. They issued a "hold" rating for the company. Finally, Stifel Nicolaus raised their price objective on shares of Marriott International from $352.00 to $365.00 and gave the company a "hold" rating in a research note on Friday, July 17th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $385.88.

Marriott International Profile

Marriott International, Inc NASDAQ: MAR is a global hospitality company that operates, franchises, licenses and manages hotels, resorts, residences and other lodging properties. Its portfolio serves business and leisure travelers across a range of price points, from luxury and premium accommodations to select-service and extended-stay properties.

The company's brands include The Ritz-Carlton, St. Regis, JW Marriott, W Hotels, The Luxury Collection, EDITION, Marriott Hotels, Sheraton, Westin, Renaissance, Courtyard, Residence Inn, Fairfield by Marriott, SpringHill Suites, AC Hotels, Aloft, Moxy and Element.

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