Marriott International, Inc. $MAR Shares Sold by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. decreased its position in Marriott International, Inc. (NASDAQ:MAR) by 5.4% in the 3rd quarter, Holdings Channel.com reports. The fund owned 71,944 shares of the company’s stock after selling 4,078 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Marriott International were worth $18,811,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in MAR. Brighton Jones LLC increased its stake in Marriott International by 2.5% during the fourth quarter. Brighton Jones LLC now owns 8,887 shares of the company’s stock valued at $2,479,000 after purchasing an additional 218 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of Marriott International by 39.1% in the 1st quarter. Empowered Funds LLC now owns 5,805 shares of the company’s stock valued at $1,383,000 after buying an additional 1,631 shares during the period. Woodline Partners LP grew its position in shares of Marriott International by 39.6% during the 1st quarter. Woodline Partners LP now owns 19,332 shares of the company’s stock valued at $4,605,000 after buying an additional 5,480 shares during the last quarter. Intech Investment Management LLC lifted its holdings in Marriott International by 21.8% in the first quarter. Intech Investment Management LLC now owns 6,035 shares of the company’s stock worth $1,438,000 after acquiring an additional 1,079 shares during the last quarter. Finally, Park Avenue Securities LLC acquired a new position in Marriott International in the second quarter valued at approximately $970,000. 70.70% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

MAR has been the topic of several recent research reports. Robert W. Baird cut their price target on Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a report on Tuesday, October 21st. Wells Fargo & Company initiated coverage on Marriott International in a research report on Tuesday, November 18th. They issued an “overweight” rating and a $329.00 target price on the stock. Evercore ISI boosted their price target on shares of Marriott International from $320.00 to $350.00 and gave the company an “outperform” rating in a report on Thursday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Marriott International in a report on Thursday. Finally, Barclays boosted their target price on shares of Marriott International from $276.00 to $320.00 and gave the company an “equal weight” rating in a research note on Friday, January 16th. Three research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $313.75.

Marriott International Stock Down 0.6%

Shares of NASDAQ MAR opened at $319.70 on Friday. The firm’s 50-day simple moving average is $308.03 and its 200 day simple moving average is $282.59. The stock has a market cap of $85.79 billion, a P/E ratio of 33.76, a P/E/G ratio of 2.49 and a beta of 1.16. Marriott International, Inc. has a fifty-two week low of $205.40 and a fifty-two week high of $331.09.

Marriott International (NASDAQ:MAR) last released its earnings results on Tuesday, November 4th. The company reported $2.47 EPS for the quarter, beating the consensus estimate 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 net margin of 10.07% and a negative return on equity of 89.29%. 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. On average, sell-side analysts anticipate that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Thursday, November 20th were paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Thursday, November 20th. Marriott International’s dividend payout ratio (DPR) is presently 28.30%.

Insider Buying and Selling

In other news, EVP Benjamin T. Breland sold 1,650 shares of the firm’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $286.10, for a total transaction of $472,065.00. Following the completion of the transaction, the executive vice president owned 18,225 shares in the company, valued at approximately $5,214,172.50. This trade represents a 8.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Rena Hozore Reiss sold 5,483 shares of the business’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $287.11, for a total transaction of $1,574,224.13. Following the completion of the sale, the executive vice president owned 39,360 shares in the company, valued at $11,300,649.60. The trade was a 12.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 88,289 shares of company stock worth $25,669,425. 10.68% of the stock is owned by corporate insiders.

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.