CX Institutional Grows Stock Holdings in Marriott International, Inc. $MAR

CX Institutional increased its position in Marriott International, Inc. (NASDAQ:MAR) by 117.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 3,981 shares of the company’s stock after buying an additional 2,150 shares during the period. CX Institutional’s holdings in Marriott International were worth $1,037,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Brighton Jones LLC grew its holdings in Marriott International by 2.5% during the 4th quarter. Brighton Jones LLC now owns 8,887 shares of the company’s stock valued at $2,479,000 after buying an additional 218 shares in the last quarter. Integrated Wealth Concepts LLC boosted its holdings in shares of Marriott International by 13.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 3,840 shares of the company’s stock valued at $915,000 after purchasing an additional 447 shares during the last quarter. Voleon Capital Management LP bought a new stake in shares of Marriott International in the first quarter worth about $207,000. Ascent Group LLC lifted its position in shares of Marriott International by 25.4% in the first quarter. Ascent Group LLC now owns 2,505 shares of the company’s stock worth $597,000 after buying an additional 508 shares in the last quarter. Finally, MBB Public Markets I LLC bought a new position in Marriott International during the first quarter valued at approximately $306,000. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider William P. Brown sold 6,666 shares of the company’s stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $280.04, for a total value of $1,866,746.64. Following the sale, the insider directly owned 11,000 shares of the company’s stock, valued at $3,080,440. This represents a 37.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Benjamin T. Breland sold 1,650 shares of the business’s stock in a transaction on Friday, November 7th. The shares were 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. This represents a 8.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 88,289 shares of company stock valued at $25,669,425. Company insiders own 10.68% of the company’s stock.

Marriott International Price Performance

MAR stock opened at $324.91 on Friday. Marriott International, Inc. has a 12 month low of $205.40 and a 12 month high of $325.71. The firm’s 50-day moving average is $299.07 and its 200 day moving average is $278.83. The company has a market capitalization of $87.19 billion, a PE ratio of 34.31, a P/E/G ratio of 2.49 and a beta of 1.16.

Marriott International (NASDAQ:MAR) last issued its earnings results on Tuesday, November 4th. The company reported $2.47 EPS for the quarter, topping analysts’ consensus estimates of $2.38 by $0.09. Marriott International had a net margin of 10.07% and a negative return on equity of 89.29%. The business had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $6.46 billion. 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. Sell-side analysts forecast that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Thursday, November 20th were given a dividend of $0.67 per share. The ex-dividend date of this dividend was Thursday, November 20th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.8%. Marriott International’s dividend payout ratio is presently 28.30%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Morgan Stanley cut their target price on shares of Marriott International from $302.00 to $296.00 and set an “overweight” rating for the company in a report on Wednesday, October 22nd. Wells Fargo & Company initiated coverage on shares of Marriott International in a research report on Tuesday, November 18th. They set an “overweight” rating and a $329.00 target price on the stock. The Goldman Sachs Group upgraded Marriott International from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $288.00 to $345.00 in a research report on Monday, December 15th. Barclays raised their price objective 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, Robert W. Baird cut their target price on Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 21st. Three equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $301.50.

Marriott International Company Profile

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.