Swedbank AB Increases Stock Holdings in Marriott International, Inc. $MAR

Swedbank AB boosted its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 3.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 70,853 shares of the company’s stock after buying an additional 2,424 shares during the quarter. Swedbank AB’s holdings in Marriott International were worth $18,453,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank purchased a new stake in shares of Marriott International in the second quarter worth $638,968,000. Alliancebernstein L.P. lifted its holdings in shares of Marriott International by 194.7% in the first quarter. Alliancebernstein L.P. now owns 1,709,665 shares of the company’s stock worth $407,242,000 after buying an additional 1,129,555 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new position in shares of Marriott International during the second quarter worth $266,084,000. Boston Partners purchased a new position in Marriott International during the second quarter valued at $196,579,000. Finally, Laurel Wealth Advisors LLC lifted its stake in Marriott International by 27,221.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 315,558 shares of the company’s stock worth $86,214,000 after purchasing an additional 314,403 shares in the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Insider Buying and Selling

In other Marriott International news, EVP Rena Hozore Reiss sold 5,483 shares of the business’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $287.11, for a total value of $1,574,224.13. Following the completion of the sale, the executive vice president directly owned 39,360 shares of the company’s stock, valued at $11,300,649.60. The trade was a 12.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Deborah Marriott Harrison sold 70,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $291.63, for a total transaction of $20,414,100.00. Following the transaction, the insider directly owned 175,210 shares in the company, valued at approximately $51,096,492.30. This trade represents a 28.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 88,289 shares of company stock worth $25,669,425 over the last 90 days. Corporate insiders own 10.68% of the company’s stock.

Analysts Set New Price Targets

MAR has been the subject of a number of research analyst reports. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a research report on Wednesday, October 8th. Morgan Stanley cut their price target on Marriott International from $302.00 to $296.00 and set an “overweight” rating for the company in a report on Wednesday, October 22nd. Barclays upped their price objective on Marriott International from $274.00 to $276.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 17th. Robert W. Baird reduced their price target on shares of Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 21st. Finally, Wells Fargo & Company began coverage on shares of Marriott International in a research report on Tuesday, November 18th. They set an “overweight” rating and a $329.00 price objective for the company. Three research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, Marriott International has a consensus rating of “Moderate Buy” and a consensus target price of $297.00.

Marriott International Stock Up 0.1%

Shares of MAR opened at $315.58 on Friday. The business has a fifty day moving average of $290.36 and a 200 day moving average of $275.37. The company has a market cap of $84.69 billion, a PE ratio of 33.32, a P/E/G ratio of 3.05 and a beta of 1.16. Marriott International, Inc. has a 52-week low of $205.40 and a 52-week high of $316.69.

Marriott International (NASDAQ:MAR) last released its earnings results on Tuesday, November 4th. The company reported $2.47 EPS for the quarter, beating analysts’ consensus estimates of $2.38 by $0.09. The firm had revenue of $1.73 billion for the quarter, compared to analysts’ expectations of $6.46 billion. Marriott International had a negative return on equity of 89.29% and a net margin of 10.07%.Marriott International has set its Q4 2025 guidance at 2.540-2.620 EPS and its FY 2025 guidance at 9.980-10.060 EPS. As a group, research analysts anticipate that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Thursday, November 20th will be paid 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, November 20th. Marriott International’s dividend payout ratio (DPR) is currently 28.30%.

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.