Key Points
- Marriott insider Deborah Marriott Harrison sold 3,500 shares at an average price of $352.09, generating approximately $1.23 million. Her remaining direct stake totals 282,383 shares, valued at about $99.4 million.
- Marriott shares opened at $361.62, with the stock trading between a 12-month low of $256.76 and high of $410.98. Analysts maintain a “Moderate Buy” consensus and an average price target of $385.88.
- The company recently reported quarterly EPS of $3.19, beating estimates of $3.08, while revenue rose 4.8% year over year. Marriott also declared a quarterly dividend of $0.73 per share, equivalent to a 0.8% annual yield.
Marriott International, Inc. (NASDAQ:MAR - Get Free Report) insider Deborah Harrison sold 3,500 shares of the business's stock in a transaction that occurred on Friday, September 25th. The stock was sold at an average price of $352.09, for a total transaction of $1,232,315.00. Following the completion of the transaction, the insider directly owned 282,383 shares of the company's stock, valued at $99,424,230.47. This trade represents a 1.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Marriott International Stock Up 0.9%
Marriott International stock opened at $361.62 on Wednesday. Marriott International, Inc. has a twelve month low of $256.76 and a twelve month high of $410.98. The business has a fifty day moving average of $351.93 and a two-hundred day moving average of $358.67. The firm has a market cap of $94.30 billion, a P/E ratio of 37.47, a P/E/G ratio of 2.70 and a beta of 1.11.
Marriott International (NASDAQ:MAR - Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The company reported $3.19 EPS for the quarter, topping the consensus estimate of $3.08 by $0.11. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.The firm had revenue of $2.01 billion during the quarter, compared to analyst estimates of $7.19 billion. During the same period in the previous year, the company posted $2.65 EPS. The business's revenue for the quarter was up 4.8% compared to the same quarter last year. Marriott International has set its FY 2026 guidance at 11.640-11.810 EPS and its Q3 2026 guidance at 2.740-2.820 EPS. Equities analysts expect that Marriott International, Inc. will post 11.69 earnings per share for the current year.
Marriott International Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, August 20th will be issued a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Thursday, August 20th. Marriott International's dividend payout ratio (DPR) is currently 30.26%.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on MAR. Mizuho reduced their price target on Marriott International from $384.00 to $374.00 and set a "neutral" rating on the stock in a research report on Tuesday, August 4th. Erste Group Bank began coverage on Marriott International in a research note on Thursday, August 27th. They set a "buy" rating on the stock. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Marriott International in a research report on Friday, August 7th. Wells Fargo & Company lowered their price target on Marriott International from $449.00 to $425.00 and set an "overweight" rating for the company in a report on Tuesday, August 4th. Finally, TD Cowen upgraded Marriott International to a "strong-buy" rating in a research note on Tuesday, September 8th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $385.88.
View Our Latest Analysis on Marriott International
Hedge Funds Weigh In On Marriott International
Hedge funds and other institutional investors have recently bought and sold shares of the business. World Investment Advisors increased its stake in shares of Marriott International by 130.8% in the fourth quarter. World Investment Advisors now owns 16,014 shares of the company's stock worth $4,968,000 after acquiring an additional 9,075 shares during the period. Dai ichi Life Insurance Company Ltd lifted its position in Marriott International by 37.7% during the first quarter. Dai ichi Life Insurance Company Ltd now owns 12,686 shares of the company's stock valued at $4,149,000 after purchasing an additional 3,476 shares during the period. Hsbc Holdings PLC boosted its holdings in Marriott International by 62.7% in the fourth quarter. Hsbc Holdings PLC now owns 640,350 shares of the company's stock valued at $199,069,000 after purchasing an additional 246,681 shares during the last quarter. Capital International Inc. CA grew its position in Marriott International by 12.0% during the 4th quarter. Capital International Inc. CA now owns 148,708 shares of the company's stock worth $46,135,000 after purchasing an additional 15,893 shares during the period. Finally, Sargent Investment Group LLC purchased a new position in shares of Marriott International during the 4th quarter valued at about $1,847,000. Institutional investors and hedge funds own 70.70% of the company's stock.
About Marriott International
(
Get Free Report)
Marriott International, Inc (NASDAQ: MAR) is a global hospitality company that operates, franchises, licenses and manages hotels, resorts, residences and other lodging properties. Its portfolio serves business and leisure travelers across a range of price points, from luxury and premium accommodations to select-service and extended-stay properties.
The company's brands include The Ritz-Carlton, St. Regis, JW Marriott, W Hotels, The Luxury Collection, EDITION, Marriott Hotels, Sheraton, Westin, Renaissance, Courtyard, Residence Inn, Fairfield by Marriott, SpringHill Suites, AC Hotels, Aloft, Moxy and Element.
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