Skandinaviska Enskilda Banken AB publ Cuts Stock Position in Marriott International, Inc. $MAR

Skandinaviska Enskilda Banken AB publ cut its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 5.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 88,025 shares of the company’s stock after selling 5,213 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Marriott International were worth $22,924,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank bought a new position in Marriott International in the second quarter worth approximately $638,968,000. Boston Partners bought a new stake in Marriott International during the second quarter valued at about $196,579,000. Massachusetts Financial Services Co. MA grew its stake in Marriott International by 7.2% in the third 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 during the last quarter. Laurel Wealth Advisors LLC lifted its position in shares of Marriott International by 27,221.0% during the second quarter. Laurel Wealth Advisors LLC now owns 315,558 shares of the company’s stock valued at $86,214,000 after buying an additional 314,403 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings 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 buying an additional 306,717 shares in the last quarter. Institutional investors own 70.70% of the company’s stock.

Marriott International Trading Up 1.7%

Shares of MAR opened at $359.94 on Wednesday. The firm has a market cap of $95.38 billion, a P/E ratio of 37.93, a price-to-earnings-growth ratio of 3.07 and a beta of 1.13. The company’s 50-day moving average price is $321.11 and its 200 day moving average price is $289.82. Marriott International, Inc. has a 12-month low of $205.40 and a 12-month high of $370.00.

Marriott International (NASDAQ:MAR) last posted its quarterly 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 company 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%. Marriott International’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same period in the prior 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. Equities research analysts forecast that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Thursday, February 26th will be paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, February 26th. Marriott International’s dividend payout ratio is presently 28.24%.

Insider Transactions at Marriott International

In other news, EVP Rena Hozore Reiss sold 2,512 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $357.00, for a total transaction of $896,784.00. Following the completion of the sale, the executive vice president directly owned 33,487 shares of the company’s stock, valued at $11,954,859. The trade was a 6.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Felitia Lee sold 1,617 shares of Marriott International stock in a transaction dated 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 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 disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 5,002 shares of company stock valued at $1,654,833. 10.68% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms recently commented on MAR. Weiss Ratings reiterated a “buy (b-)” rating on shares of Marriott International in a research note on Thursday, January 22nd. Wells Fargo & Company boosted their price objective on shares of Marriott International from $353.00 to $403.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. The Goldman Sachs Group raised their target price on Marriott International from $355.00 to $398.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Truist Financial increased their price objective on Marriott International from $283.00 to $350.00 and gave the company a “hold” rating in a report on Wednesday, February 11th. Finally, Sanford C. Bernstein increased 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. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the company presently 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.