Aberdeen Group plc Sells 4,467 Shares of Marriott International, Inc. $MAR

Aberdeen Group plc cut its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 2.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 177,376 shares of the company’s stock after selling 4,467 shares during the period. Aberdeen Group plc owned approximately 0.07% of Marriott International worth $46,196,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc. boosted its position in 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 buying an additional 306,717 shares during the period. State Street Corp boosted its holdings in shares of Marriott International by 1.2% in the second quarter. State Street Corp now owns 9,488,566 shares of the company’s stock valued at $2,592,371,000 after purchasing an additional 114,973 shares during the period. Geode Capital Management LLC grew its stake in Marriott International by 2.0% in the second quarter. Geode Capital Management LLC now owns 5,223,539 shares of the company’s stock worth $1,420,308,000 after purchasing an additional 102,798 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in Marriott International by 7.2% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,921,767 shares of the company’s stock valued at $1,281,825,000 after purchasing an additional 330,952 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of Marriott International by 5.0% in the 2nd quarter. Invesco Ltd. now owns 4,330,656 shares of the company’s stock worth $1,183,178,000 after buying an additional 206,820 shares during the period. 70.70% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on MAR shares. Citigroup raised their price objective on Marriott International from $285.00 to $345.00 and gave the company a “neutral” rating in a research report on Thursday, January 15th. Truist Financial lifted their price objective on shares of Marriott International from $283.00 to $350.00 and gave the stock a “hold” rating in a research report on Wednesday, February 11th. BMO Capital Markets raised shares of Marriott International from a “market perform” rating to an “outperform” rating and increased their target price for the company from $285.00 to $370.00 in a research report on Friday, January 9th. JPMorgan Chase & Co. lifted their price target on shares of Marriott International from $323.00 to $356.00 and gave the stock a “neutral” rating in a report on Wednesday, February 11th. Finally, Wells Fargo & Company increased their price objective on Marriott International from $353.00 to $403.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Marriott International has an average rating of “Moderate Buy” and a consensus target price of $343.27.

Marriott International Stock Down 0.3%

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

Marriott International (NASDAQ:MAR) last posted its earnings results on Tuesday, February 10th. The company reported $2.58 EPS for the quarter, missing analysts’ consensus estimates 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 company’s quarterly revenue was up 4.1% on a year-over-year basis. During the same period last year, the business earned $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. Research analysts expect that Marriott International, Inc. will post 10.1 EPS for the current year.

Marriott International Announces Dividend

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

Insider Activity

In related news, CAO Felitia Lee sold 1,617 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $305.98, for a total value of $494,769.66. Following the completion of the sale, the chief accounting officer directly owned 4,893 shares in the company, valued at approximately $1,497,160.14. The trade was a 24.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 10.68% of the stock is owned by company insiders.

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.