Capital Group Private Client Services Inc. Sells 94,635 Shares of Marriott International, Inc. $MAR

Capital Group Private Client Services Inc. cut its holdings in Marriott International, Inc. (NASDAQ:MAR) by 77.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 27,024 shares of the company’s stock after selling 94,635 shares during the period. Capital Group Private Client Services Inc.’s holdings in Marriott International were worth $7,038,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Addison Advisors LLC bought a new position in shares of Marriott International in the second quarter worth $34,000. Darwin Wealth Management LLC purchased a new stake in Marriott International during the 2nd quarter worth about $37,000. Root Financial Partners LLC bought a new position in Marriott International in the 3rd quarter worth about $41,000. Smallwood Wealth Investment Management LLC grew its holdings in Marriott International by 312.5% during the 3rd quarter. Smallwood Wealth Investment Management LLC now owns 165 shares of the company’s stock valued at $43,000 after buying an additional 125 shares in the last quarter. Finally, ORG Wealth Partners LLC bought a new stake in shares of Marriott International during the third quarter valued at about $44,000. Institutional investors own 70.70% of the company’s stock.

Marriott International Price Performance

Shares of Marriott International stock opened at $328.86 on Tuesday. The company has a 50 day simple moving average of $330.23 and a two-hundred day simple moving average of $297.44. The firm has a market cap of $87.14 billion, a PE ratio of 34.65, a PEG ratio of 2.86 and a beta of 1.09. Marriott International, Inc. has a 1 year low of $205.40 and a 1 year high of $370.00.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $2.58 earnings per share for the quarter, missing the consensus estimate of $2.61 by ($0.03). Marriott International had a net margin of 9.93% and a negative return on equity of 84.23%. The company had revenue of $6.69 billion for the quarter, compared to analysts’ expectations of $6.67 billion. During the same quarter last year, the business posted $2.45 EPS. The business’s quarterly revenue was up 4.1% compared to the same quarter last year. Marriott International has set its FY 2026 guidance at 11.320-11.570 EPS and its Q1 2026 guidance at 2.500-2.550 EPS. As a group, research analysts anticipate that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Thursday, February 26th will be paid a dividend of $0.67 per share. The ex-dividend date of this dividend is Thursday, February 26th. This represents a $2.68 annualized dividend and a yield of 0.8%. Marriott International’s payout ratio is 28.24%.

Insider Transactions at Marriott International

In other Marriott International news, insider Rajeev Menon sold 6,333 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $356.61, for a total value of $2,258,411.13. Following the completion of the sale, the insider owned 9,492 shares of the company’s stock, valued at $3,384,942.12. This represents a 40.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider David S. Marriott sold 4,747 shares of the stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $360.00, for a total transaction of $1,708,920.00. Following the transaction, the insider owned 591,669 shares in the company, valued at $213,000,840. The trade was a 0.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 97,157 shares of company stock worth $34,768,825. Company insiders own 10.68% of the company’s stock.

Analyst Ratings Changes

MAR has been the subject of a number of analyst reports. The Goldman Sachs Group raised their price objective on shares of Marriott International from $355.00 to $398.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Barclays increased their target price on shares of Marriott International from $320.00 to $356.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 11th. JPMorgan Chase & Co. boosted their price target on shares of Marriott International from $323.00 to $356.00 and gave the company a “neutral” rating in a research report on Wednesday, February 11th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Marriott International in a report on Thursday, January 22nd. Finally, Truist Financial lifted their price objective on Marriott International from $283.00 to $350.00 and gave the company a “hold” rating in a research note on Wednesday, February 11th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, Marriott International currently has a consensus rating of “Moderate Buy” and an average target price of $343.27.

Marriott International Company Profile

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.