Harbor Investment Advisory LLC Has $149.07 Million Holdings in Marriott International, Inc. $MAR

Harbor Investment Advisory LLC grew its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 2.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 572,367 shares of the company’s stock after buying an additional 14,898 shares during the quarter. Marriott International accounts for 11.7% of Harbor Investment Advisory LLC’s portfolio, making the stock its largest position. Harbor Investment Advisory LLC owned about 0.21% of Marriott International worth $149,067,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. AlphaQuest LLC lifted its stake in Marriott International by 2,750.0% during the 2nd quarter. AlphaQuest LLC now owns 114 shares of the company’s stock valued at $31,000 after acquiring an additional 110 shares during the period. Addison Advisors LLC purchased a new stake in Marriott International during the second quarter valued at $34,000. Darwin Wealth Management LLC bought a new position in shares of Marriott International in the 2nd quarter worth approximately $37,000. Harel Insurance Investments & Financial Services Ltd. bought a new stake in Marriott International during the second quarter valued at about $38,000. Finally, Quaker Wealth Management LLC increased its holdings in Marriott International by 203.4% in the 2nd quarter. Quaker Wealth Management LLC now owns 150 shares of the company’s stock worth $41,000 after acquiring an additional 295 shares in the last quarter. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

MAR has been the subject of a number of research analyst reports. Barclays increased their price objective on shares of Marriott International from $274.00 to $276.00 and gave the company an “equal weight” rating in a report on Wednesday, December 17th. Weiss Ratings reissued a “buy (b-)” rating on shares of Marriott International in a report on Wednesday, October 8th. Sanford C. Bernstein lifted their price target on Marriott International from $329.00 to $369.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 6th. BMO Capital Markets upgraded Marriott International from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $285.00 to $370.00 in a research report on Friday. Finally, The Goldman Sachs Group upgraded shares of Marriott International from a “neutral” rating to a “buy” rating and upped their price target for the company from $288.00 to $345.00 in a report on Monday, December 15th. Three research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, Marriott International has an average rating of “Moderate Buy” and an average target price of $306.81.

Marriott International Stock Down 1.5%

Marriott International stock opened at $323.35 on Tuesday. Marriott International, Inc. has a 52 week low of $205.40 and a 52 week high of $331.09. The business’s 50-day moving average price is $301.61 and its 200 day moving average price is $279.82. The firm has a market cap of $86.77 billion, a price-to-earnings ratio of 34.14, a price-to-earnings-growth ratio of 2.56 and a beta of 1.16.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data on Tuesday, November 4th. The company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.38 by $0.09. Marriott International had a negative return on equity of 89.29% and a net margin of 10.07%.The company had revenue of $1.73 billion for the quarter, compared to analyst estimates 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. Equities analysts expect that Marriott International, Inc. will post 10.1 EPS for the current year.

Marriott International Announces Dividend

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

Insider Activity

In other Marriott International news, insider William P. Brown sold 6,666 shares of the business’s stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $280.04, for a total value of $1,866,746.64. Following the sale, the insider owned 11,000 shares of the company’s stock, valued at $3,080,440. The trade was a 37.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Benjamin T. Breland sold 1,650 shares of Marriott International stock in a transaction that occurred 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 completion of the transaction, the executive vice president owned 18,225 shares of the company’s stock, valued at $5,214,172.50. This trade represents a 8.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 88,289 shares of company stock worth $25,669,425 in the last three months. 10.68% of the stock is currently owned by corporate insiders.

About Marriott International

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.