Land & Buildings Investment Management LLC Lowers Stake in Marriott International, Inc. $MAR

Land & Buildings Investment Management LLC trimmed its holdings in Marriott International, Inc. (NASDAQ:MAR) by 28.4% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 74,077 shares of the company’s stock after selling 29,428 shares during the period. Marriott International accounts for approximately 3.5% of Land & Buildings Investment Management LLC’s portfolio, making the stock its 16th largest position. Land & Buildings Investment Management LLC’s holdings in Marriott International were worth $19,293,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. National Pension Service raised its stake in shares of Marriott International by 1.6% during the third quarter. National Pension Service now owns 603,431 shares of the company’s stock worth $157,158,000 after purchasing an additional 9,530 shares during the last quarter. AustralianSuper Pty Ltd acquired a new position in Marriott International in the 3rd quarter valued at $858,000. Legal & General Group Plc raised its position in Marriott International by 9.3% during the 3rd quarter. Legal & General Group Plc now owns 1,465,420 shares of the company’s stock worth $381,654,000 after buying an additional 124,759 shares during the last quarter. Headwater Capital Co Ltd acquired a new stake in shares of Marriott International in the 2nd quarter worth $21,857,000. Finally, Lansforsakringar Fondforvaltning AB publ boosted its holdings in shares of Marriott International by 5.8% in the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 73,759 shares of the company’s stock valued at $19,210,000 after acquiring an additional 4,067 shares in the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on MAR shares. Barclays increased their price target on shares of Marriott International from $320.00 to $356.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 11th. The Goldman Sachs Group boosted their target price on Marriott International from $355.00 to $398.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. BMO Capital Markets raised Marriott International from a “market perform” rating to an “outperform” rating and raised their price target for the company from $285.00 to $370.00 in a report on Friday, January 9th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Marriott International in a report on Thursday, January 22nd. Finally, Jefferies Financial Group raised their target price on Marriott International from $357.00 to $415.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Two investment 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, the stock has a consensus rating of “Moderate Buy” and an average price target of $343.47.

Marriott International Trading Up 2.6%

Shares of MAR opened at $321.84 on Tuesday. Marriott International, Inc. has a 12-month low of $205.40 and a 12-month high of $370.00. The stock has a market cap of $85.28 billion, a P/E ratio of 33.91, a PEG ratio of 2.77 and a beta of 1.09. The company has a 50-day moving average of $331.14 and a two-hundred day moving average of $299.23.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Tuesday, February 10th. The company reported $2.58 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 during the quarter, compared to analyst estimates of $6.67 billion. During the same quarter in the prior year, the company earned $2.45 earnings per share. The firm’s revenue for the quarter 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, analysts forecast that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, February 26th will be issued a $0.67 dividend. 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 28.24%.

Insiders Place Their Bets

In other Marriott International news, EVP Benjamin T. Breland sold 2,000 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $358.03, for a total value of $716,060.00. Following the transaction, the executive vice president directly owned 26,399 shares in the company, valued at approximately $9,451,633.97. This represents a 7.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Drew Pinto sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $359.81, for a total transaction of $1,439,240.00. Following the sale, the executive vice president directly owned 8,221 shares in the company, valued at $2,957,998.01. This represents a 32.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 95,540 shares of company stock valued at $34,274,055. Insiders own 10.68% of the company’s stock.

Marriott International 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.