Marriott International, Inc. $MAR Shares Purchased by Assetmark Inc.

Assetmark Inc. increased its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 6.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,278 shares of the company’s stock after purchasing an additional 2,283 shares during the quarter. Assetmark Inc.’s holdings in Marriott International were worth $9,448,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. Lazari Capital Management Inc. boosted its holdings in Marriott International by 1.6% in the third quarter. Lazari Capital Management Inc. now owns 2,356 shares of the company’s stock valued at $614,000 after acquiring an additional 37 shares during the last quarter. L2 Asset Management LLC increased its holdings in shares of Marriott International by 4.0% in the 2nd quarter. L2 Asset Management LLC now owns 996 shares of the company’s stock valued at $272,000 after acquiring an additional 38 shares during the last quarter. AE Wealth Management LLC boosted its holdings in shares of Marriott International by 2.5% in the 2nd quarter. AE Wealth Management LLC now owns 1,622 shares of the company’s stock valued at $443,000 after buying an additional 40 shares during the period. HBK Sorce Advisory LLC lifted its holdings in shares of Marriott International by 1.2% in the 3rd quarter. HBK Sorce Advisory LLC now owns 3,512 shares of the company’s stock worth $935,000 after purchasing an additional 40 shares during the last quarter. Finally, Connable Office Inc. boosted its stake in Marriott International by 0.3% during the 2nd quarter. Connable Office Inc. now owns 11,766 shares of the company’s stock valued at $3,215,000 after purchasing an additional 41 shares during the period. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

Marriott International Stock Performance

Shares of NASDAQ:MAR opened at $353.89 on Tuesday. The stock’s 50-day moving average is $319.59 and its 200-day moving average is $289.08. The company has a market cap of $93.77 billion, a P/E ratio of 37.29, a P/E/G ratio of 3.07 and a beta of 1.13. Marriott International, Inc. has a 52-week low of $205.40 and a 52-week high of $370.00.

Marriott International (NASDAQ:MAR) last released its earnings results on Tuesday, February 10th. The company reported $2.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.61 by ($0.03). The business had revenue of $6.69 billion during the quarter, compared to analyst estimates of $6.67 billion. Marriott International had a net margin of 9.93% and a negative return on equity of 84.23%. The business’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period last year, the business earned $2.45 EPS. Marriott International has set its FY 2026 guidance at 11.320-11.570 EPS and its Q1 2026 guidance at 2.500-2.550 EPS. As a group, equities analysts predict that Marriott International, Inc. will post 10.1 EPS for the current year.

Marriott International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, February 26th will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, February 26th. Marriott International’s payout ratio is 28.24%.

Insider Buying and Selling

In other Marriott International news, CAO Felitia Lee sold 1,617 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $305.98, for a total transaction of $494,769.66. Following the completion of the transaction, the chief accounting officer directly owned 4,893 shares in the company, valued at $1,497,160.14. This represents a 24.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 10.68% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Marriott International in a research note on Thursday, January 22nd. Robert W. Baird dropped their price target on Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a report on Tuesday, October 21st. JPMorgan Chase & Co. raised their price objective on shares of Marriott International from $323.00 to $356.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 11th. Morgan Stanley raised their price target on shares of Marriott International from $296.00 to $328.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. Finally, Jefferies Financial Group boosted their price target on Marriott International from $357.00 to $415.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $343.27.

Marriott International 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.