Marriott International (NASDAQ:MAR) Stock: Insider David Marriott Sells 3,500 Shares

Key Points

• Insider sale: David Marriott sold 3,500 Marriott shares at an average price of $352.09, worth approximately $1.23 million, reducing his direct ownership by 1.22% to 282,383 shares.
• Stock and earnings: MAR rose 0.9% to $361.62, while the company’s latest quarterly earnings of $3.19 per share exceeded analysts’ $3.08 estimate. Analysts hold a consensus “Moderate Buy” rating with a $385.88 price target.
• Dividend and ownership: Marriott declared a quarterly dividend of $0.73 per share, equal to a 0.8% yield, and institutional investors own approximately 70.7% of the company’s stock.

Marriott International, Inc. (NASDAQ:MAR - Get Free Report) insider David Marriott sold 3,500 shares of the firm's stock in a transaction 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 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Marriott International Stock Up 0.9%

MAR stock traded up $3.05 during midday trading on Tuesday, reaching $361.62. The company's stock had a trading volume of 1,455,380 shares, compared to its average volume of 1,573,436. Marriott International, Inc. has a 52 week low of $256.76 and a 52 week high of $410.98. The business's 50-day simple moving average is $351.93 and its 200-day simple moving average is $358.67. The stock has a market cap of $94.30 billion, a PE ratio of 37.47, a price-to-earnings-growth ratio of 2.70 and a beta of 1.11.

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, topping the consensus estimate of $3.08 by $0.11. The company had revenue of $2.01 billion for the quarter, compared to analyst estimates of $7.19 billion. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. 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 business posted $2.65 earnings per share. 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 forecast that Marriott International, Inc. will post 11.69 earnings per share for the current fiscal year.

Marriott International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, August 20th will be issued a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, August 20th. Marriott International's payout ratio is currently 30.26%.

Hedge Funds Weigh In On Marriott International

A number of hedge funds have recently made changes to their positions in MAR. Frederick Financial Consultants LLC raised its position in shares of Marriott International by 0.8% during the 4th quarter. Frederick Financial Consultants LLC now owns 3,531 shares of the company's stock worth $1,095,000 after purchasing an additional 28 shares during the period. World Equity Group Inc. boosted its position in 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 purchasing an additional 28 shares during the period. Haven Capital Group Inc. grew its stake in Marriott International by 0.3% during the 1st quarter. Haven Capital Group Inc. now owns 10,064 shares of the company's stock worth $3,292,000 after buying an additional 30 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in Marriott International by 1.2% in 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 buying an additional 30 shares during the period. Finally, Paragon Private Wealth Management LLC lifted its stake in Marriott International by 4.4% in the first quarter. Paragon Private Wealth Management LLC now owns 743 shares of the company's stock valued at $243,000 after buying an additional 31 shares during the last quarter. 70.70% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Robert W. Baird decreased their target price on Marriott International from $394.00 to $393.00 and set a "neutral" rating on the stock in a research report on Tuesday, August 4th. Barclays decreased their price objective on Marriott International from $379.00 to $348.00 and set an "equal weight" rating on the stock in a report on Tuesday, August 4th. CICC Research started coverage on shares of Marriott International in a research report on Wednesday, August 12th. They issued an "outperform" rating for the company. Stifel Nicolaus raised their price target on shares of Marriott International from $352.00 to $365.00 and gave the stock a "hold" rating in a research report on Friday, July 17th. Finally, Wolfe Research started coverage on shares of Marriott International in a research note on Wednesday, September 2nd. They issued a "hold" rating for the company. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $385.88.

Marriott International Company 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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