1,951 Marriott International, Inc. $MAR Shares Sold by American National Bank & Trust

American National Bank & Trust lowered its position in Marriott International, Inc. (NASDAQ:MAR) by 5.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 33,233 shares of the company’s stock after selling 1,951 shares during the quarter. Marriott International comprises 1.1% of American National Bank & Trust’s investment portfolio, making the stock its 29th largest holding. American National Bank & Trust’s holdings in Marriott International were worth $11,820,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Evelyn Partners Investment Management Services Ltd bought a new stake in shares of Marriott International during the first quarter valued at about $25,000. IMG Wealth Management Inc. grew its stake in Marriott International by 100.0% during the first quarter. IMG Wealth Management Inc. now owns 82 shares of the company’s stock valued at $27,000 after acquiring an additional 41 shares in the last quarter. Wilkerson Advisory Group LLC increased its holdings in Marriott International by 127.0% during the 1st quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock worth $27,000 after acquiring an additional 47 shares during the period. Scarborough Advisors LLC purchased a new stake in Marriott International in the 1st quarter worth approximately $32,000. Finally, Hilton Head Capital Partners LLC bought a new position in Marriott International in the 4th quarter valued at $32,000. Institutional investors own 70.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Weiss Ratings restated a “buy (b)” rating on shares of Marriott International in a research note on Friday, August 7th. Stifel Nicolaus raised their target price on shares of Marriott International from $352.00 to $365.00 and gave the company a “hold” rating in a research note on Friday, July 17th. Robert W. Baird cut their price target on shares of Marriott International from $394.00 to $393.00 and set a “neutral” rating for the company in a research note on Tuesday, August 4th. BMO Capital Markets lowered their price objective on shares of Marriott International from $410.00 to $395.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 4th. Finally, Wells Fargo & Company cut their target price on shares of Marriott International from $449.00 to $425.00 and set an “overweight” rating for the company in a research report on Tuesday, August 4th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, Marriott International has a consensus rating of “Moderate Buy” and an average price target of $385.88.

Insiders Place Their Bets

In other Marriott International news, insider David S. Marriott sold 3,500 shares of the company’s stock in a transaction on Friday, September 25th. The shares were sold at an average price of $352.09, for a total value of $1,232,315.00. Following the completion of the transaction, the insider directly owned 282,383 shares in the company, valued at approximately $99,424,230.47. This represents a 1.22% 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 Harrison sold 3,500 shares of the stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $352.09, for a total transaction of $1,232,315.00. Following the completion of the transaction, the insider directly owned 282,383 shares of the company’s stock, valued at approximately $99,424,230.47. The trade was a 1.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 11.43% of the stock is owned by company insiders.

Marriott International Price Performance

NASDAQ MAR traded down $4.85 during trading on Wednesday, hitting $356.43. 565,871 shares of the company’s stock traded hands, compared to its average volume of 1,565,500. The firm has a market cap of $92.95 billion, a P/E ratio of 36.94, a PEG ratio of 2.68 and a beta of 1.17. The stock has a fifty day moving average of $350.15 and a two-hundred day moving average of $359.97. Marriott International, Inc. has a 12-month low of $256.76 and a 12-month high of $410.98.

Marriott International (NASDAQ:MAR) last released its earnings results on Monday, August 3rd. The company reported $3.19 earnings per share for the quarter, beating analysts’ consensus estimates of $3.08 by $0.11. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.The company had revenue of $2.01 billion during the quarter, compared to analyst estimates of $7.19 billion. During the same quarter in the previous year, the company posted $2.65 EPS. Marriott International’s revenue for the quarter was up 4.8% on a year-over-year basis. Marriott International has set its FY 2026 guidance at 11.640-11.810 EPS and its Q3 2026 guidance at 2.740-2.820 EPS. As a group, analysts expect that Marriott International, Inc. will post 11.69 earnings per share for the current fiscal year.

Marriott International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, August 20th were given a dividend of $0.73 per share. The ex-dividend date of this dividend was Thursday, August 20th. This represents a $2.92 annualized dividend and a yield of 0.8%. Marriott International’s dividend payout ratio is presently 30.26%.

About Marriott International

Marriott International, Inc (NASDAQ: MAR) is a global hospitality company that operates, franchises, licenses and manages hotels, resorts, residences and other lodging properties. Its portfolio serves business and leisure travelers across a range of price points, from luxury and premium accommodations to select-service and extended-stay properties.

The company’s brands include The Ritz-Carlton, St. Regis, JW Marriott, W Hotels, The Luxury Collection, EDITION, Marriott Hotels, Sheraton, Westin, Renaissance, Courtyard, Residence Inn, Fairfield by Marriott, SpringHill Suites, AC Hotels, Aloft, Moxy and Element.