Marriott International, Inc. $MAR Stake Decreased by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. decreased its holdings in Marriott International, Inc. (NASDAQ:MAR) by 53.4% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 3,954 shares of the company’s stock after selling 4,529 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Marriott International were worth $1,403,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in MAR. State Street Corp increased its holdings in Marriott International by 2.9% during the second quarter. State Street Corp now owns 9,644,773 shares of the company’s stock valued at $3,574,256,000 after buying an additional 272,044 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Marriott International by 0.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 727,472 shares of the company’s stock worth $237,893,000 after acquiring an additional 5,530 shares during the last quarter. Swiss National Bank boosted its stake in shares of Marriott International by 5.9% during the 1st quarter. Swiss National Bank now owns 669,398 shares of the company’s stock worth $218,940,000 after acquiring an additional 37,080 shares during the last quarter. Hsbc Holdings PLC grew its position in shares of Marriott International by 15.3% during the 2nd quarter. Hsbc Holdings PLC now owns 470,593 shares of the company’s stock valued at $174,311,000 after acquiring an additional 62,529 shares during the period. Finally, Assenagon Asset Management S.A. grew its position in shares of Marriott International by 17.1% during the 2nd quarter. Assenagon Asset Management S.A. now owns 360,380 shares of the company’s stock valued at $133,553,000 after acquiring an additional 52,722 shares during the period. 70.70% of the stock is currently owned by institutional investors.

Marriott International Stock Performance

Shares of Marriott International stock opened at $404.00 on Thursday. Marriott International, Inc. has a fifty-two week low of $256.76 and a fifty-two week high of $410.98. The company has a market capitalization of $105.35 billion, a P/E ratio of 41.87, a P/E/G ratio of 2.99 and a beta of 1.17. The company has a fifty day moving average of $354.41 and a 200 day moving average of $364.08.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Monday, August 3rd. The company reported $3.19 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $7.19 billion. During the same period last year, the firm earned $2.65 earnings per share. The business’s quarterly revenue was up 4.8% on a year-over-year basis. 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. Analysts forecast that Marriott International, Inc. will post 11.71 EPS for the current year.

Marriott International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, August 20th were given a dividend of $0.73 per share. The ex-dividend date was Thursday, August 20th. This represents a $2.92 annualized dividend and a dividend yield of 0.7%. Marriott International’s dividend payout ratio (DPR) is currently 30.26%.

Insider Activity at Marriott International

In other Marriott International news, insider David S. Marriott sold 3,500 shares of the company’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 value of $1,232,315.00. Following the completion of the transaction, the insider directly owned 282,383 shares in the company, valued at $99,424,230.47. This represents a 1.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Deborah Harrison 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 sale, the insider directly owned 282,383 shares of the company’s stock, valued at approximately $99,424,230.47. This trade 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 company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Wolfe Research began coverage on Marriott International in a research note on Wednesday, September 2nd. They issued a “hold” rating for the company. Freedom Broker assumed coverage on Marriott International in a research report on Wednesday, October 14th. They set a “buy” rating and a $408.00 target price on the stock. China Intl Cap upgraded Marriott International to a “strong-buy” rating in a research report on Wednesday, August 12th. Erste Group Bank assumed coverage on Marriott International in a report on Thursday, August 27th. They set a “buy” rating for the company. Finally, The Goldman Sachs Group reduced their price target on Marriott International from $405.00 to $400.00 and set a “buy” rating for the company in a research report on Tuesday, August 4th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $382.70.

About Marriott International

Marriott International, Inc is a global hospitality company that develops, franchises, licenses and manages hotels, resorts, residences and other lodging properties. Its portfolio includes brands such as Marriott Hotels, Sheraton, Westin, W Hotels, The Ritz-Carlton, St. Regis, JW Marriott, Courtyard, Fairfield by Marriott, Residence Inn and Element. The company also operates Marriott Bonvoy, a travel loyalty program that provides members with benefits and rewards across participating properties and travel experiences.

Marriott traces its origins to 1927, when J.