Marriott International, Inc. $MAR Shares Sold by Eagle Global Advisors LLC

Eagle Global Advisors LLC reduced its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 44.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,100 shares of the company’s stock after selling 2,500 shares during the quarter. Eagle Global Advisors LLC’s holdings in Marriott International were worth $807,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in MAR. Norges Bank acquired a new position in shares of Marriott International in the 2nd quarter valued at $638,968,000. Kingstone Capital Partners Texas LLC purchased a new position in Marriott International in the second quarter valued at $266,084,000. Boston Partners purchased a new stake in shares of Marriott International during the 2nd quarter worth about $196,579,000. Laurel Wealth Advisors LLC grew its position in shares of Marriott International by 27,221.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 315,558 shares of the company’s stock valued at $86,214,000 after acquiring an additional 314,403 shares during the period. Finally, Vanguard Group Inc. increased its stake in shares of Marriott International by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 20,543,195 shares of the company’s stock valued at $5,612,606,000 after purchasing an additional 306,717 shares in the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

Wall Street Analysts Forecast Growth

MAR has been the topic of several research analyst reports. Truist Financial raised their price objective on Marriott International from $278.00 to $283.00 and gave the company a “hold” rating in a report on Thursday, December 4th. The Goldman Sachs Group raised shares of Marriott International from a “neutral” rating to a “buy” rating and lifted their price target for the company from $288.00 to $345.00 in a research note on Monday, December 15th. Wells Fargo & Company started coverage on shares of Marriott International in a report on Tuesday, November 18th. They set an “overweight” rating and a $329.00 price objective on the stock. Citigroup boosted their target price on shares of Marriott International from $285.00 to $345.00 and gave the stock a “neutral” rating in a research note on Thursday. Finally, Robert W. Baird reduced their price target on shares of Marriott International from $287.00 to $285.00 and set a “neutral” rating for the company in a research report on Tuesday, October 21st. Three investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $307.75.

Marriott International Stock Up 1.9%

Shares of MAR opened at $325.79 on Friday. The firm’s fifty day moving average is $304.25 and its two-hundred day moving average is $280.76. The stock has a market cap of $87.43 billion, a PE ratio of 34.40, a price-to-earnings-growth ratio of 2.49 and a beta of 1.16. Marriott International, Inc. has a 52-week low of $205.40 and a 52-week high of $331.09.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share 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 firm 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. As a group, research analysts anticipate that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Thursday, November 20th were issued a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, November 20th. Marriott International’s dividend payout ratio (DPR) is currently 28.30%.

Insider Activity

In other news, EVP Benjamin T. Breland sold 1,650 shares of the business’s stock in a transaction dated 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 approximately $5,214,172.50. The trade was a 8.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Deborah Marriott Harrison sold 70,000 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $291.63, for a total transaction of $20,414,100.00. Following the sale, the insider owned 175,210 shares of the company’s stock, valued at approximately $51,096,492.30. The trade was a 28.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 88,289 shares of company stock valued at $25,669,425 in the last 90 days. 10.68% of the stock is owned by 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.