SevenBridge Financial Group LLC Buys 2,765 Shares of Marriott International, Inc. $MAR

SevenBridge Financial Group LLC raised its stake in Marriott International, Inc. (NASDAQ:MAR) by 35.2% during the third quarter, HoldingsChannel.com reports. The fund owned 10,631 shares of the company’s stock after purchasing an additional 2,765 shares during the quarter. SevenBridge Financial Group LLC’s holdings in Marriott International were worth $2,769,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in MAR. Mackenzie Financial Corp boosted its stake in Marriott International by 3.2% during the third quarter. Mackenzie Financial Corp now owns 25,079 shares of the company’s stock valued at $6,532,000 after buying an additional 782 shares during the last quarter. Franklin Resources Inc. increased its stake in Marriott International by 516.8% in the 3rd quarter. Franklin Resources Inc. now owns 208,990 shares of the company’s stock worth $54,429,000 after acquiring an additional 175,108 shares during the last quarter. Quadrant Capital Group LLC raised its holdings in shares of Marriott International by 0.3% during the 3rd quarter. Quadrant Capital Group LLC now owns 15,930 shares of the company’s stock worth $4,149,000 after acquiring an additional 52 shares in the last quarter. FourThought Financial Partners LLC grew its holdings in shares of Marriott International by 97.4% in the third quarter. FourThought Financial Partners LLC now owns 1,498 shares of the company’s stock valued at $390,000 after purchasing an additional 739 shares in the last quarter. Finally, Capital World Investors increased its position in Marriott International by 0.8% in the third quarter. Capital World Investors now owns 643,560 shares of the company’s stock worth $167,609,000 after purchasing an additional 4,933 shares during the last quarter. Institutional investors own 70.70% of the company’s stock.

Marriott International Trading Up 0.1%

Shares of NASDAQ:MAR opened at $326.38 on Thursday. Marriott International, Inc. has a 12 month low of $205.40 and a 12 month high of $370.00. The company has a market capitalization of $86.49 billion, a price-to-earnings ratio of 34.39, a PEG ratio of 2.88 and a beta of 1.09. The firm’s 50-day moving average is $330.80 and its 200 day moving average is $298.01.

Marriott International (NASDAQ:MAR) last announced its earnings results on Tuesday, February 10th. The company reported $2.58 earnings per share (EPS) 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 business had revenue of $6.69 billion for the quarter, compared to analysts’ expectations of $6.67 billion. During the same quarter last year, the firm earned $2.45 EPS. The firm’s quarterly revenue was up 4.1% on a year-over-year basis. 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, equities analysts forecast that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International Announces Dividend

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

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Morgan Stanley increased their price objective on shares of Marriott International from $328.00 to $331.00 and gave the company an “overweight” rating in a research report on Tuesday. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a research report on Thursday, January 22nd. JPMorgan Chase & Co. lifted their price target on Marriott International from $323.00 to $356.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 11th. Evercore upped their price objective on Marriott International from $320.00 to $350.00 and gave the company an “outperform” rating in a research report on Thursday, January 22nd. Finally, Sanford C. Bernstein lifted their target price on Marriott International from $329.00 to $369.00 and gave the stock an “outperform” rating in a report on Tuesday, January 6th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, Marriott International currently has a consensus rating of “Moderate Buy” and an average price target of $343.47.

Insider Buying and Selling

In other news, insider Rajeev Menon sold 6,333 shares of the stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $356.61, for a total transaction of $2,258,411.13. Following the transaction, the insider directly owned 9,492 shares in the company, valued at approximately $3,384,942.12. This trade represents a 40.02% 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 link. Also, CEO Anthony Capuano sold 63,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $359.22, for a total transaction of $22,630,860.00. Following the completion of the transaction, the chief executive officer directly owned 113,617 shares of the company’s stock, valued at $40,813,498.74. This trade represents a 35.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 97,157 shares of company stock worth $34,768,825 over the last ninety days. 10.68% of the stock is owned by insiders.

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.