American National Bank & Trust Cuts Stake in Marriott International, Inc. $MAR

American National Bank & Trust cut its position in Marriott International, Inc. (NASDAQ:MAR) by 5.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,233 shares of the company’s stock after selling 1,951 shares during the period. Marriott International accounts for approximately 1.1% of American National Bank & Trust’s investment portfolio, making the stock its 29th biggest holding. American National Bank & Trust’s holdings in Marriott International were worth $11,820,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in MAR. State Street Corp grew its stake in Marriott International by 2.9% in the second quarter. State Street Corp now owns 9,644,773 shares of the company’s stock valued at $3,574,256,000 after acquiring an additional 272,044 shares during the period. Invesco Ltd. lifted its holdings in shares of Marriott International by 2.7% in the 4th quarter. Invesco Ltd. now owns 4,440,359 shares of the company’s stock worth $1,377,577,000 after purchasing an additional 118,504 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in Marriott International by 17.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 997,271 shares of the company’s stock valued at $309,393,000 after purchasing an additional 150,531 shares during the period. Dimensional Fund Advisors LP increased its stake in Marriott International by 0.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 727,472 shares of the company’s stock valued at $237,893,000 after purchasing an additional 5,530 shares in the last quarter. Finally, Swiss National Bank raised its holdings in Marriott International by 5.9% during the first quarter. Swiss National Bank now owns 669,398 shares of the company’s stock worth $218,940,000 after buying an additional 37,080 shares during the last quarter. 70.70% of the stock is owned by institutional investors and hedge funds.

Marriott International Stock Performance

NASDAQ:MAR traded down $4.85 on Wednesday, hitting $356.43. The stock had a trading volume of 565,871 shares, compared to its average volume of 1,565,500. Marriott International, Inc. has a 1 year low of $256.76 and a 1 year high of $410.98. The firm’s fifty day simple moving average is $350.15 and its two-hundred day simple moving average is $359.97. The stock has a market cap of $92.95 billion, a P/E ratio of 36.94, a price-to-earnings-growth ratio of 2.68 and a beta of 1.17.

Marriott International (NASDAQ:MAR) last released its earnings results on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.08 by $0.11. The company had revenue of $2.01 billion during the quarter, compared to analyst estimates of $7.19 billion. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.Marriott International’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the company posted $2.65 earnings per share. 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 research analysts predict that Marriott International, Inc. will post 11.69 EPS for the current year.

Marriott International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, August 20th were paid a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Thursday, August 20th. Marriott International’s payout ratio is presently 30.26%.

Insider Transactions at Marriott International

In other Marriott International news, insider Deborah Harrison sold 3,500 shares of the business’s stock in a transaction dated Friday, September 25th. The shares were sold at an average price of $352.09, for a total value of $1,232,315.00. Following the transaction, the insider directly owned 282,383 shares in the company, valued at $99,424,230.47. The trade was a 1.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider David S. Marriott sold 3,500 shares of the stock in a transaction that occurred on Friday, September 25th. The shares were sold at an average price of $352.09, for a total transaction of $1,232,315.00. Following the transaction, the insider directly owned 282,383 shares of the company’s stock, valued at $99,424,230.47. This represents a 1.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 11.43% of the stock is currently owned by insiders.

Analysts Set New Price Targets

MAR has been the subject of a number of analyst reports. Erste Group Bank began coverage on shares of Marriott International in a report on Thursday, August 27th. They set a “buy” rating for the company. Wolfe Research started coverage on shares of Marriott International in a research report on Wednesday, September 2nd. They issued a “hold” rating on the stock. TD Cowen raised Marriott International to a “strong-buy” rating in a research note on Tuesday, September 8th. Truist Financial raised their target price on Marriott International from $356.00 to $360.00 and gave the company a “hold” rating in a report on Thursday, September 10th. Finally, Sanford C. Bernstein set a $412.00 price target on Marriott International in a report on Monday, June 15th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $385.88.

Marriott International Company Profile

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.