Marriott International, Inc. $MAR Shares Sold by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. trimmed its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 3.6% in the third quarter, Holdings Channel.com reports. The firm owned 47,468 shares of the company’s stock after selling 1,790 shares during the period. Crossmark Global Holdings Inc.’s holdings in Marriott International were worth $16,883,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Carnegie Investment Counsel acquired a new stake in shares of Marriott International during the third quarter valued at about $380,000. Taylor Securities Services Inc. increased its position in shares of Marriott International by 43.8% during the third quarter. Taylor Securities Services Inc. now owns 1,150 shares of the company’s stock worth $409,000 after acquiring an additional 350 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in shares of Marriott International by 5.9% in the third quarter. Robeco Institutional Asset Management B.V. now owns 664,123 shares of the company’s stock worth $236,209,000 after acquiring an additional 36,765 shares in the last quarter. Diversify Advisory Services LLC lifted its stake in shares of Marriott International by 6.2% in the third quarter. Diversify Advisory Services LLC now owns 3,684 shares of the company’s stock worth $1,421,000 after acquiring an additional 216 shares in the last quarter. Finally, 55 North Private Wealth LLC boosted its holdings in Marriott International by 5.2% in the third quarter. 55 North Private Wealth LLC now owns 1,017 shares of the company’s stock valued at $362,000 after purchasing an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Insider Activity at Marriott International

In other Marriott International news, insider Deborah Harrison 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 transaction of $1,232,315.00. Following the sale, the insider owned 282,383 shares in the company, valued at $99,424,230.47. This represents a 1.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider David Marriott sold 3,500 shares of the 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 transaction, the insider directly owned 282,383 shares in the company, valued at approximately $99,424,230.47. This represents a 1.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 11.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on MAR. UBS Group lowered their price objective on Marriott International from $412.00 to $395.00 and set a “neutral” rating for the company in a research note on Thursday, August 20th. Freedom Broker assumed coverage on Marriott International in a report on Wednesday, October 14th. They set a “buy” rating and a $408.00 price objective on the stock. CICC Research initiated coverage on Marriott International in a research report on Wednesday, August 12th. They issued an “outperform” rating and a $410.00 target price on the stock. Deutsche Bank Aktiengesellschaft reduced their target price on Marriott International from $379.00 to $372.00 and set a “hold” rating for the company in a research note on Tuesday, August 4th. Finally, TD Cowen raised shares of Marriott International to a “strong-buy” rating in a research report on Tuesday, September 8th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $382.70.

Marriott International Stock Performance

MAR opened at $404.00 on Thursday. The company has a 50-day moving average of $354.41 and a 200-day moving average of $364.08. The company has a market capitalization of $105.35 billion, a P/E ratio of 36.25, a PEG ratio of 2.99 and a beta of 1.17. Marriott International, Inc. has a 1-year low of $256.76 and a 1-year high of $410.98.

Marriott International (NASDAQ:MAR) last issued its earnings results on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.08 by $0.11. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The business had revenue of $2.01 billion for the quarter, compared to analyst estimates of $7.19 billion. During the same quarter in the prior year, the business posted $2.65 EPS. The company’s revenue for the quarter 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. As a group, sell-side analysts expect that Marriott International, Inc. will post 11.71 earnings per share for the current fiscal year.

Marriott International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, August 20th were issued a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, August 20th. Marriott International’s payout ratio is currently 30.26%.

Marriott International Profile

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.