Marriott International, Inc. $MAR Shares Newly Bought by NBT Bank N.A.

NBT Bank N.A. acquired a new stake in shares of Marriott International, Inc. (NASDAQ:MAR) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,958 shares of the company’s stock, valued at approximately $696,000.

A number of other large investors have also recently bought and sold shares of the business. Diamant Asset Management Inc. grew its holdings in shares of Marriott International by 32,607.0% during the first quarter. Diamant Asset Management Inc. now owns 490,605 shares of the company’s stock valued at $16,046,000 after purchasing an additional 489,105 shares during the last quarter. State Street Corp lifted its holdings in shares of Marriott International by 2.9% in the 2nd quarter. State Street Corp now owns 9,644,773 shares of the company’s stock worth $3,574,256,000 after purchasing an additional 272,044 shares during the last quarter. Jupiter Topco LLC bought a new stake in shares of Marriott International in the 2nd quarter worth approximately $81,872,000. William Blair Investment Management LLC boosted its position in Marriott International by 255.5% during the 2nd quarter. William Blair Investment Management LLC now owns 300,872 shares of the company’s stock valued at $111,500,000 after purchasing an additional 216,241 shares during the period. Finally, Danske Bank A S boosted its position in Marriott International by 170.4% during the 2nd quarter. Danske Bank A S now owns 326,743 shares of the company’s stock valued at $121,088,000 after purchasing an additional 205,886 shares during the period. Institutional investors own 70.70% of the company’s stock.

Marriott International Stock Performance

NASDAQ:MAR opened at $390.71 on Friday. The stock has a market cap of $101.89 billion, a price-to-earnings ratio of 40.49, a PEG ratio of 2.98 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. The business has a fifty day moving average of $355.97 and a 200-day moving average of $364.72.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data on Monday, August 3rd. The company reported $3.19 earnings per share for the quarter, beating analysts’ consensus estimates of $3.08 by $0.11. The business had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $7.19 billion. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The company’s revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the business earned $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. On average, equities research analysts predict that Marriott International, Inc. will post 11.72 EPS for the current year.

Marriott International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, August 20th were given a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Thursday, August 20th. Marriott International’s payout ratio is 30.26%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Wells Fargo & Company upped their price objective on Marriott International from $425.00 to $426.00 and gave the stock an “overweight” rating in a research note on Monday, October 19th. Argus cut their target price on Marriott International from $445.00 to $425.00 and set a “buy” rating on the stock in a research note on Friday, August 14th. The Goldman Sachs Group reduced their price target on shares of Marriott International from $405.00 to $400.00 and set a “buy” rating for the company in a report on Tuesday, August 4th. Mizuho lowered their price target on shares of Marriott International from $384.00 to $374.00 and set a “neutral” rating for the company in a research report on Tuesday, August 4th. Finally, Erste Group Bank initiated coverage on shares of Marriott International in a report on Thursday, August 27th. They issued a “buy” rating on the stock. Two equities research 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $383.52.

Insider Buying and Selling

In other news, 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 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 trade represents a 1.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider David Marriott sold 3,500 shares of the firm’s 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 owned 282,383 shares in the company, valued at $99,424,230.47. This represents a 1.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 11.43% of the company’s stock.

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.