Agate Pass Investment Management LLC Purchases New Position in Marriott International, Inc. $MAR

Agate Pass Investment Management LLC acquired a new stake in Marriott International, Inc. (NASDAQ:MAR) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,001 shares of the company’s stock, valued at approximately $621,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Marriott International by 3.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 47,709 shares of the company’s stock valued at $15,369,000 after acquiring an additional 1,429 shares during the last quarter. NorthCrest Asset Manangement LLC increased its position in shares of Marriott International by 7.6% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 1,247 shares of the company’s stock worth $388,000 after purchasing an additional 88 shares in the last quarter. Wedmont Private Capital raised its stake in Marriott International by 4.8% in the 4th quarter. Wedmont Private Capital now owns 3,894 shares of the company’s stock valued at $1,243,000 after purchasing an additional 179 shares during the last quarter. Occidental Asset Management LLC lifted its holdings in Marriott International by 23.9% in the 4th quarter. Occidental Asset Management LLC now owns 1,015 shares of the company’s stock valued at $315,000 after purchasing an additional 196 shares in the last quarter. Finally, Stonebridge Wealth Management LLC acquired a new stake in Marriott International during the 4th quarter worth $217,000. Institutional investors and hedge funds own 70.70% of the company’s stock.

Insiders Place Their Bets

In related news, insider Rajeev Menon sold 3,492 shares of the business’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $354.00, for a total value of $1,236,168.00. Following the sale, the insider owned 6,000 shares in the company, valued at approximately $2,124,000. The trade was a 36.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Benjamin T. Breland sold 2,000 shares of Marriott International stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $358.03, for a total value of $716,060.00. Following the completion of the transaction, the executive vice president directly owned 26,399 shares of the company’s stock, valued at approximately $9,451,633.97. This represents a 7.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 95,540 shares of company stock valued at $34,274,055. Insiders own 10.68% of the company’s stock.

Marriott International Stock Down 1.6%

Shares of Marriott International stock opened at $319.76 on Friday. The business’s fifty day simple moving average is $331.15 and its 200-day simple moving average is $300.59. The firm has a market cap of $84.73 billion, a PE ratio of 33.69, a price-to-earnings-growth ratio of 2.82 and a beta of 1.09. Marriott International, Inc. has a 52 week low of $205.40 and a 52 week high of $370.00.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $2.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.61 by ($0.03). The company had revenue of $6.69 billion during the quarter, compared to analysts’ expectations of $6.67 billion. Marriott International had a net margin of 9.93% and a negative return on equity of 84.23%. The firm’s quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter last year, the firm posted $2.45 earnings per share. 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 expect that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Dividend Announcement

The company also recently declared 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 dividend payout ratio (DPR) is currently 28.24%.

Analysts Set New Price Targets

MAR has been the subject of a number of recent research reports. JPMorgan Chase & Co. increased their target price on shares of Marriott International from $323.00 to $356.00 and gave the company a “neutral” rating in a research report on Wednesday, February 11th. Jefferies Financial Group upped their price objective on shares of Marriott International from $357.00 to $415.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Barclays raised their target price on shares of Marriott International from $320.00 to $356.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 11th. Truist Financial upped their price target on Marriott International from $283.00 to $350.00 and gave the company a “hold” rating in a research report on Wednesday, February 11th. Finally, Morgan Stanley lifted their price objective on Marriott International from $328.00 to $331.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 10th. Two 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 company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $343.47.

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.