American National Bank & Trust Has $9.43 Million Stock Holdings in Marriott International, Inc. $MAR

American National Bank & Trust grew its position in Marriott International, Inc. (NASDAQ:MARFree Report) by 4.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 36,216 shares of the company’s stock after buying an additional 1,702 shares during the period. American National Bank & Trust’s holdings in Marriott International were worth $9,432,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Pallas Capital Advisors LLC raised its position in shares of Marriott International by 0.4% during the second quarter. Pallas Capital Advisors LLC now owns 8,649 shares of the company’s stock worth $2,363,000 after purchasing an additional 37 shares during the period. L2 Asset Management LLC increased its stake in Marriott International by 4.0% during the 2nd quarter. L2 Asset Management LLC now owns 996 shares of the company’s stock worth $272,000 after purchasing an additional 38 shares in the last quarter. Valmark Advisers Inc. lifted its stake in Marriott International by 1.6% in the second quarter. Valmark Advisers Inc. now owns 2,462 shares of the company’s stock valued at $673,000 after buying an additional 39 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of Marriott International by 1.7% in the first quarter. Geneos Wealth Management Inc. now owns 2,387 shares of the company’s stock valued at $569,000 after buying an additional 40 shares during the period. Finally, AE Wealth Management LLC increased its position in shares of Marriott International by 2.5% during the second quarter. AE Wealth Management LLC now owns 1,622 shares of the company’s stock worth $443,000 after acquiring an additional 40 shares in the last quarter. 70.70% of the stock is currently owned by institutional investors.

Insider Activity at Marriott International

In other Marriott International news, EVP Benjamin T. Breland sold 1,650 shares of the business’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $286.10, for a total transaction of $472,065.00. Following the transaction, the executive vice president owned 18,225 shares of the company’s stock, valued at $5,214,172.50. The trade was a 8.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Rena Hozore Reiss sold 5,483 shares of the firm’s stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $287.11, for a total value of $1,574,224.13. Following the completion of the sale, the executive vice president directly owned 39,360 shares of the company’s stock, valued at approximately $11,300,649.60. The trade was a 12.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 88,289 shares of company stock worth $25,669,425 over the last ninety days. Company insiders own 10.68% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on MAR shares. Wells Fargo & Company started coverage on shares of Marriott International in a research note on Tuesday, November 18th. They issued an “overweight” rating and a $329.00 target price for the company. Truist Financial upped their price objective on Marriott International from $278.00 to $283.00 and gave the stock a “hold” rating in a research report on Thursday, December 4th. BMO Capital Markets increased their price objective on Marriott International from $280.00 to $285.00 and gave the stock a “market perform” rating in a report on Wednesday, November 5th. Barclays boosted their target price on Marriott International from $274.00 to $276.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 17th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Marriott International in a research note on Wednesday, October 8th. Three analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $297.00.

Get Our Latest Analysis on Marriott International

Marriott International Stock Performance

Shares of NASDAQ MAR opened at $313.41 on Friday. The stock has a 50 day moving average price of $294.77 and a 200 day moving average price of $277.12. The stock has a market capitalization of $84.10 billion, a PE ratio of 33.10, a price-to-earnings-growth ratio of 2.64 and a beta of 1.16. Marriott International, Inc. has a 52 week low of $205.40 and a 52 week high of $316.69.

Marriott International (NASDAQ:MARGet Free Report) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share for the quarter, topping the consensus estimate of $2.38 by $0.09. The firm had revenue of $1.73 billion for the quarter, compared to analyst estimates of $6.46 billion. Marriott International had a negative return on equity of 89.29% and a net margin of 10.07%.Marriott International has set its Q4 2025 guidance at 2.540-2.620 EPS and its FY 2025 guidance at 9.980-10.060 EPS. As a group, research analysts forecast that Marriott International, Inc. will post 10.1 EPS for the current year.

Marriott International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Thursday, November 20th were paid a $0.67 dividend. The ex-dividend date was Thursday, November 20th. This represents a $2.68 dividend on an annualized basis and a yield of 0.9%. Marriott International’s dividend payout ratio (DPR) is currently 28.30%.

Marriott International Company Profile

(Free Report)

Marriott International is a global lodging company that develops, manages and franchises a broad portfolio of hotels and related lodging facilities. Its core activities include hotel and resort management, franchise operations, property development and the provision of centralized services such as reservations, marketing and loyalty program management. The company’s brand architecture spans market segments from luxury and premium to select-service and extended-stay, enabling it to serve a wide range of business and leisure travelers as well as corporate and group customers.

The company traces its roots to the hospitality business founded by J.

Further Reading

Institutional Ownership by Quarter for Marriott International (NASDAQ:MAR)

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