Victory Capital Management Inc. Sells 5,282 Shares of Marriott International, Inc. $MAR

Victory Capital Management Inc. decreased its position in Marriott International, Inc. (NASDAQ:MAR) by 1.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 316,367 shares of the company’s stock after selling 5,282 shares during the quarter. Victory Capital Management Inc. owned 0.12% of Marriott International worth $82,395,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kingsview Wealth Management LLC raised its stake in shares of Marriott International by 1.3% in the third quarter. Kingsview Wealth Management LLC now owns 4,159 shares of the company’s stock valued at $1,083,000 after acquiring an additional 54 shares during the last quarter. 111 Capital bought a new position in Marriott International in the 3rd quarter valued at $779,000. Finemark National Bank & Trust boosted its stake in Marriott International by 10.2% in the third quarter. Finemark National Bank & Trust now owns 1,215 shares of the company’s stock worth $316,000 after purchasing an additional 112 shares in the last quarter. American Century Companies Inc. increased its stake in shares of Marriott International by 26.4% in the third quarter. American Century Companies Inc. now owns 401,547 shares of the company’s stock valued at $104,579,000 after buying an additional 83,947 shares in the last quarter. Finally, Allianz SE raised its holdings in shares of Marriott International by 9.5% in the third quarter. Allianz SE now owns 4,040 shares of the company’s stock valued at $1,052,000 after buying an additional 350 shares during the last quarter. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, EVP Drew Pinto sold 4,000 shares of the business’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $359.81, for a total value of $1,439,240.00. Following the sale, the executive vice president directly owned 8,221 shares of the company’s stock, valued at approximately $2,957,998.01. The trade was a 32.73% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider William P. Brown sold 9,456 shares of Marriott International stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $358.25, for a total value of $3,387,612.00. Following the completion of the sale, the insider directly owned 11,000 shares in the company, valued at $3,940,750. This represents a 46.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 97,157 shares of company stock worth $34,768,825 in the last three months. 10.68% of the stock is owned by corporate insiders.

Marriott International Price Performance

Shares of NASDAQ:MAR opened at $333.04 on Friday. The company has a market capitalization of $88.25 billion, a price-to-earnings ratio of 35.09, a P/E/G ratio of 2.97 and a beta of 1.09. The firm’s 50 day simple moving average is $329.78 and its 200 day simple moving average is $296.13. Marriott International, Inc. has a fifty-two week low of $205.40 and a fifty-two week high of $370.00.

Marriott International (NASDAQ:MAR) last posted its earnings results 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 negative return on equity of 84.23% and a net margin of 9.93%.The firm had revenue of $6.69 billion during the quarter, compared to analyst estimates of $6.67 billion. During the same quarter last year, the business posted $2.45 earnings per share. The company’s revenue for the quarter 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. Equities research analysts expect that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Dividend Announcement

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

Analyst Upgrades and Downgrades

MAR has been the subject of several research reports. BMO Capital Markets upgraded shares of Marriott International from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $285.00 to $370.00 in a research report on Friday, January 9th. Sanford C. Bernstein raised their price target on shares of Marriott International from $329.00 to $369.00 and gave the company an “outperform” rating in a report on Tuesday, January 6th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Marriott International in a report on Thursday, January 22nd. Barclays lifted their target price on Marriott International from $320.00 to $356.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 11th. Finally, The Goldman Sachs Group upped their price target on Marriott International from $355.00 to $398.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $343.27.

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.