3,706 Shares in Marriott International, Inc. $MAR Acquired by Pine Haven Investment Counsel Inc

Pine Haven Investment Counsel Inc purchased a new stake in shares of Marriott International, Inc. (NASDAQ:MAR) in the 3rd quarter, Holdings Channel reports. The fund purchased 3,706 shares of the company’s stock, valued at approximately $965,000.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Marriott International by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 20,543,195 shares of the company’s stock worth $5,612,606,000 after buying an additional 306,717 shares during the period. State Street Corp lifted its position in Marriott International by 1.2% during the second quarter. State Street Corp now owns 9,488,566 shares of the company’s stock worth $2,592,371,000 after acquiring an additional 114,973 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Marriott International by 2.0% during the second quarter. Geode Capital Management LLC now owns 5,223,539 shares of the company’s stock worth $1,420,308,000 after acquiring an additional 102,798 shares during the period. Invesco Ltd. grew its position in shares of Marriott International by 5.0% in the second quarter. Invesco Ltd. now owns 4,330,656 shares of the company’s stock valued at $1,183,178,000 after purchasing an additional 206,820 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Marriott International during the second quarter worth approximately $638,968,000. 70.70% of the stock is owned by institutional investors.

Marriott International Stock Performance

Shares of MAR stock opened at $310.24 on Thursday. The firm has a market cap of $83.25 billion, a price-to-earnings ratio of 32.76, a P/E/G ratio of 3.03 and a beta of 1.16. Marriott International, Inc. has a 52 week low of $205.40 and a 52 week high of $316.69. The firm’s 50-day simple moving average is $293.12 and its two-hundred day simple moving average is $276.50.

Marriott International (NASDAQ:MAR) last posted its earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share for the quarter, topping the consensus estimate of $2.38 by $0.09. Marriott International had a net margin of 10.07% and a negative return on equity of 89.29%. The firm had revenue of $1.73 billion during the quarter, compared to the consensus estimate of $6.46 billion. Marriott International has set its Q4 2025 guidance at 2.540-2.620 EPS and its FY 2025 guidance at 9.980-10.060 EPS. Analysts forecast that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Thursday, November 20th were issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Thursday, November 20th. Marriott International’s payout ratio is currently 28.30%.

Analysts Set New Price Targets

MAR has been the topic of a number of research reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Marriott International in a report on Wednesday, October 8th. The Goldman Sachs Group upgraded shares of Marriott International from a “neutral” rating to a “buy” rating and upped their price target for the company from $288.00 to $345.00 in a research note on Monday, December 15th. Morgan Stanley dropped their price objective on shares of Marriott International from $302.00 to $296.00 and set an “overweight” rating for the company in a research note on Wednesday, October 22nd. BMO Capital Markets upped their price objective on Marriott International from $280.00 to $285.00 and gave the company a “market perform” rating in a research note on Wednesday, November 5th. Finally, Truist Financial lifted their target price on shares of Marriott International from $278.00 to $283.00 and gave the stock a “hold” rating in a research report on Thursday, December 4th. Three analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $297.00.

Insider Activity

In other Marriott International news, EVP Peggy Roe sold 2,000 shares of the company’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $292.12, for a total value of $584,240.00. Following the completion of the transaction, the executive vice president directly owned 17,466 shares in the company, valued at approximately $5,102,167.92. This represents a 10.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Deborah Marriott Harrison sold 70,000 shares of the stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $291.63, for a total transaction of $20,414,100.00. Following the completion of the transaction, the insider directly owned 175,210 shares of the company’s stock, valued at approximately $51,096,492.30. The trade was a 28.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 88,289 shares of company stock valued at $25,669,425. 10.68% of the stock is owned by insiders.

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.