Allworth Financial LP Increases Position in Marriott International, Inc. $MAR

Allworth Financial LP lifted its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 66.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,712 shares of the company’s stock after purchasing an additional 5,094 shares during the period. Allworth Financial LP’s holdings in Marriott International were worth $3,311,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. Catalyst Financial Partners LLC lifted its stake in Marriott International by 3.3% during the third quarter. Catalyst Financial Partners LLC now owns 1,104 shares of the company’s stock worth $288,000 after purchasing an additional 35 shares during the last quarter. Lazari Capital Management Inc. lifted its position in shares of Marriott International by 1.6% during the 3rd quarter. Lazari Capital Management Inc. now owns 2,356 shares of the company’s stock worth $614,000 after buying an additional 37 shares during the last quarter. L2 Asset Management LLC boosted 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 buying an additional 38 shares in the last quarter. HBK Sorce Advisory LLC grew its position 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 valued at $935,000 after buying an additional 40 shares during the last quarter. Finally, RMR Wealth Builders raised its stake in Marriott International by 3.8% during the 3rd quarter. RMR Wealth Builders now owns 1,147 shares of the company’s stock worth $299,000 after acquiring an additional 42 shares in the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on MAR. BMO Capital Markets raised Marriott International from a “market perform” rating to an “outperform” rating and raised their price objective for the stock from $285.00 to $370.00 in a report on Friday, January 9th. Weiss Ratings reissued a “buy (b-)” rating on shares of Marriott International in a report on Thursday, January 22nd. Wells Fargo & Company raised their target price on shares of Marriott International from $353.00 to $403.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Sanford C. Bernstein upped their price target on shares of Marriott International from $329.00 to $369.00 and gave the company an “outperform” rating in a research report on Tuesday, January 6th. Finally, Evercore increased their price target on shares of Marriott International from $320.00 to $350.00 and gave the stock an “outperform” rating in a research note on Thursday, January 22nd. Two equities 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 stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $343.47.

Insider Activity

In other news, insider Rajeev Menon sold 6,333 shares of the stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $356.61, for a total value of $2,258,411.13. Following the completion of the transaction, the insider owned 9,492 shares in the company, valued at $3,384,942.12. This trade represents a 40.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Drew Pinto sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $359.81, for a total transaction of $1,439,240.00. Following the completion of the sale, the executive vice president owned 8,221 shares of the company’s stock, valued at $2,957,998.01. This trade represents a 32.73% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 95,540 shares of company stock valued at $34,274,055 over the last three months. 10.68% of the stock is currently owned by corporate insiders.

Marriott International Trading Down 1.6%

Shares of MAR stock opened at $319.76 on Friday. The company has a market capitalization of $84.73 billion, a P/E ratio of 33.69, a price-to-earnings-growth ratio of 2.82 and a beta of 1.09. The business’s 50 day moving average is $331.15 and its two-hundred day moving average is $300.59. Marriott International, Inc. has a twelve month low of $205.40 and a twelve month high of $370.00.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Tuesday, February 10th. The company reported $2.58 EPS for the quarter, missing the consensus estimate of $2.61 by ($0.03). The company had revenue of $6.69 billion for the quarter, compared to analysts’ expectations of $6.67 billion. Marriott International had a negative return on equity of 84.23% and a net margin of 9.93%.Marriott International’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter last year, the company 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 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

The firm also recently declared 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. The ex-dividend date is Thursday, February 26th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.8%. Marriott International’s payout ratio is 28.24%.

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.