Marriott International, Inc. $MAR Shares Sold by Harvest Portfolios Group Inc.

Harvest Portfolios Group Inc. trimmed its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 11.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,521 shares of the company’s stock after selling 2,858 shares during the period. Harvest Portfolios Group Inc.’s holdings in Marriott International were worth $6,987,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. National Pension Service lifted its stake in Marriott International by 1.6% during the third quarter. National Pension Service now owns 603,431 shares of the company’s stock worth $157,158,000 after purchasing an additional 9,530 shares in the last quarter. Legal & General Group Plc lifted its stake in Marriott International by 9.3% during the third quarter. Legal & General Group Plc now owns 1,465,420 shares of the company’s stock worth $381,654,000 after purchasing an additional 124,759 shares in the last quarter. AustralianSuper Pty Ltd acquired a new position in Marriott International during the third quarter worth $858,000. Lansforsakringar Fondforvaltning AB publ lifted its stake in Marriott International by 5.8% during the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 73,759 shares of the company’s stock worth $19,210,000 after purchasing an additional 4,067 shares in the last quarter. Finally, Natixis Advisors LLC raised its stake in shares of Marriott International by 12.0% in the third quarter. Natixis Advisors LLC now owns 386,638 shares of the company’s stock valued at $100,696,000 after acquiring an additional 41,547 shares in the last quarter. 70.70% of the stock is currently owned by institutional investors and hedge funds.

More Marriott International News

Here are the key news stories impacting Marriott International this week:

• Positive Sentiment: Marriott expanded its Marriott Bonvoy Outdoors offering through a new partnership with Outside Interactive, adding guest experience benefits tied to adventure travel across 350+ properties in the U.S. and Canada, which supports brand engagement and could help drive incremental demand. Article Title
• Positive Sentiment: Marriott’s CFO is scheduled to speak at the Morgan Stanley Travel & Leisure Conference on June 1, which can keep investor attention on the company and may reinforce management’s outlook. Article Title
• Positive Sentiment: A Chicago landmark is reportedly being converted into a Marriott hotel, suggesting continued expansion of the brand and additional long-term pipeline growth. Article Title
• Neutral Sentiment: Wall Street coverage highlighted Marriott’s outlook and broker sentiment, but the item is primarily a recap of analyst views rather than a clear new catalyst. Article Title
• Neutral Sentiment: An EVP sold 3,000 shares in an SEC-disclosed transaction. Insider sales can weigh on sentiment, but the size is modest relative to the executive’s remaining stake and does not by itself change fundamentals. Article Title

Analysts Set New Price Targets

Several analysts have recently issued reports on MAR shares. Morgan Stanley increased their price objective on Marriott International from $350.00 to $353.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. Sanford C. Bernstein increased their price objective on Marriott International from $400.00 to $402.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Weiss Ratings reiterated a “buy (b)” rating on shares of Marriott International in a research note on Monday, May 11th. Mizuho increased their price objective on Marriott International from $343.00 to $384.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Finally, Evercore increased their price objective on Marriott International from $320.00 to $350.00 and gave the company an “outperform” rating in a research note on Thursday, January 22nd. Eight analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $376.13.

Insider Activity

In other Marriott International news, insider Rajeev Menon sold 3,492 shares of the firm’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $354.00, for a total transaction of $1,236,168.00. Following the transaction, the insider owned 6,000 shares of the company’s stock, valued at approximately $2,124,000. This trade represents a 36.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Peggy Roe sold 3,000 shares of the firm’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $361.56, for a total value of $1,084,680.00. Following the transaction, the executive vice president directly owned 19,827 shares in the company, valued at approximately $7,168,650.12. The trade was a 13.14% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 11.43% of the company’s stock.

Marriott International Price Performance

NASDAQ:MAR opened at $358.69 on Wednesday. The firm has a market capitalization of $94.58 billion, a PE ratio of 37.64, a price-to-earnings-growth ratio of 2.86 and a beta of 1.11. The business’s fifty day moving average price is $344.70 and its 200 day moving average price is $324.71. Marriott International, Inc. has a 12 month low of $253.55 and a 12 month high of $380.00.

Marriott International (NASDAQ:MAR) last posted its earnings results on Wednesday, May 6th. The company reported $2.72 EPS for the quarter, beating the consensus estimate of $2.56 by $0.16. The firm had revenue of $1.81 billion for the quarter, compared to analyst estimates of $6.59 billion. Marriott International had a negative return on equity of 80.97% and a net margin of 9.72%.Marriott International’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.32 earnings per share. Marriott International has set its FY 2026 guidance at 11.380-11.630 EPS and its Q2 2026 guidance at 2.990-3.060 EPS. As a group, equities analysts anticipate that Marriott International, Inc. will post 11.65 EPS for the current year.

Marriott International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd will be issued a dividend of $0.73 per share. The ex-dividend date of this dividend is Friday, May 22nd. This is a positive change from Marriott International’s previous quarterly dividend of $0.67. This represents a $2.92 annualized dividend and a dividend yield of 0.8%. Marriott International’s dividend payout ratio is 28.12%.

About Marriott International

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.