Banco Bilbao Vizcaya Argentaria S.A. decreased its position in Marriott International, Inc. (NASDAQ:MAR – Free Report) by 18.4% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 26,048 shares of the company’s stock after selling 5,873 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Marriott International were worth $6,783,000 at the end of the most recent reporting period.
Several other large investors also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Marriott International in the second quarter worth $638,968,000. Wellington Management Group LLP raised its position in Marriott International by 21.7% during the third quarter. Wellington Management Group LLP now owns 9,175,377 shares of the company’s stock valued at $2,389,635,000 after buying an additional 1,637,119 shares during the period. Boston Partners acquired a new stake in Marriott International during the 2nd quarter worth about $196,579,000. Massachusetts Financial Services Co. MA grew its stake 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 acquiring an additional 330,952 shares in the last quarter. Finally, Laurel Wealth Advisors LLC increased its holdings in shares of Marriott International by 27,221.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 315,558 shares of the company’s stock valued at $86,214,000 after purchasing an additional 314,403 shares during the period. 70.70% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Marriott International
In other news, insider David S. Marriott sold 4,747 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $360.00, for a total value of $1,708,920.00. Following the completion of the sale, the insider directly owned 591,669 shares of the company’s stock, valued at approximately $213,000,840. This represents a 0.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Anthony Capuano sold 63,000 shares of the business’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $359.22, for a total transaction of $22,630,860.00. Following the transaction, the chief executive officer directly owned 113,617 shares in the company, valued at $40,813,498.74. This trade represents a 35.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 95,540 shares of company stock valued at $34,274,055. 10.68% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
View Our Latest Report on Marriott International
Marriott International Stock Performance
MAR opened at $321.84 on Tuesday. The firm has a market cap of $85.28 billion, a P/E ratio of 33.91, a price-to-earnings-growth ratio of 2.77 and a beta of 1.09. The business has a 50 day moving average price of $331.14 and a 200 day moving average price of $299.23. Marriott International, Inc. has a twelve month low of $205.40 and a twelve month high of $370.00.
Marriott International (NASDAQ:MAR – Get Free Report) last posted 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 firm 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 quarter in the previous year, the business 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, analysts anticipate that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal 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 given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, February 26th. Marriott International’s payout ratio is currently 28.24%.
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.
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