Valley National Advisers Inc. grew its holdings in Marriott International, Inc. (NASDAQ:MAR – Free Report) by 4,398.1% in the 3rd quarter, Holdings Channel reports. The fund owned 7,017 shares of the company’s stock after purchasing an additional 6,861 shares during the quarter. Valley National Advisers Inc.’s holdings in Marriott International were worth $2,496,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of the business. Tidal Investments LLC grew its position in shares of Marriott International by 62.5% in the 2nd quarter. Tidal Investments LLC now owns 34,640 shares of the company’s stock valued at $12,837,000 after purchasing an additional 13,322 shares during the period. Dai ichi Life Insurance Company Ltd increased its stake in Marriott International by 37.7% during the 1st quarter. Dai ichi Life Insurance Company Ltd now owns 12,686 shares of the company’s stock worth $4,149,000 after purchasing an additional 3,476 shares in the last quarter. VMS Asset Management Limited acquired a new stake in Marriott International during the 3rd quarter worth approximately $2,927,000. Saudi Central Bank raised its holdings in Marriott International by 81.7% during the 2nd quarter. Saudi Central Bank now owns 15,300 shares of the company’s stock worth $5,670,000 after buying an additional 6,881 shares during the period. Finally, Polaris Financial Partners bought a new position in Marriott International in the third quarter valued at approximately $2,242,000. Institutional investors and hedge funds own 70.70% of the company’s stock.
Insider Buying and Selling at Marriott International
In related news, insider Deborah Harrison sold 3,500 shares of the firm’s stock in a transaction 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 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. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider David Marriott sold 3,500 shares of the firm’s stock in a transaction 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 completion of the transaction, 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 position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 11.43% of the company’s stock.
Analyst Upgrades and Downgrades
View Our Latest Stock Report on Marriott International
Marriott International Stock Performance
NASDAQ MAR opened at $390.71 on Friday. Marriott International, Inc. has a 52 week low of $256.76 and a 52 week high of $410.98. The stock’s 50 day moving average price is $355.97 and its two-hundred day moving average price is $364.72. The stock has a market capitalization of $101.89 billion, a price-to-earnings ratio of 40.49, a PEG ratio of 2.94 and a beta of 1.17.
Marriott International (NASDAQ:MAR – Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The company reported $3.19 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $7.19 billion. During the same period last year, the business earned $2.65 EPS. 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. On average, equities research analysts forecast that Marriott International, Inc. will post 11.72 EPS for the current year.
Marriott International Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, August 20th were issued a dividend of $0.73 per share. The ex-dividend date was Thursday, August 20th. This represents a $2.92 annualized dividend and a yield of 0.7%. Marriott International’s dividend payout ratio is presently 30.26%.
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.
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Want to see what other hedge funds are holding MAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marriott International, Inc. (NASDAQ:MAR – Free Report).
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