Capital Group Private Client Services Inc. Decreases Position in Marriott International, Inc. $MAR

Capital Group Private Client Services Inc. trimmed its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 77.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & 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 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of MAR. Addison Advisors LLC purchased a new stake in Marriott International during the 2nd quarter valued at about $34,000. Darwin Wealth Management LLC purchased a new position in Marriott International in the 2nd quarter worth approximately $37,000. Root Financial Partners LLC bought a new stake in Marriott International in the third quarter valued at approximately $41,000. Smallwood Wealth Investment Management LLC boosted its stake in shares of Marriott International by 312.5% during the third quarter. Smallwood Wealth Investment Management LLC now owns 165 shares of the company’s stock valued at $43,000 after purchasing an additional 125 shares during the period. Finally, ORG Wealth Partners LLC bought a new position in shares of Marriott International in the third quarter worth approximately $44,000. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Insider Buying and Selling

In other 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 transaction of $1,439,240.00. Following the sale, the executive vice president owned 8,221 shares in the company, valued at approximately $2,957,998.01. The trade was a 32.73% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider William P. Brown sold 9,456 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $358.25, for a total transaction of $3,387,612.00. Following the completion of the transaction, the insider owned 11,000 shares of the company’s stock, valued at approximately $3,940,750. The trade was a 46.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 97,157 shares of company stock worth $34,768,825 over the last quarter. Company insiders own 10.68% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on MAR. Truist Financial upped their price target on shares of Marriott International from $283.00 to $350.00 and gave the company a “hold” rating in a report on Wednesday, February 11th. Jefferies Financial Group boosted their price objective on shares of Marriott International from $357.00 to $415.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Morgan Stanley increased their target price on shares of Marriott International from $296.00 to $328.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. Evercore raised their target price on Marriott International from $320.00 to $350.00 and gave the stock an “outperform” rating in a research note on Thursday, January 22nd. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Marriott International in a research report on Thursday, January 22nd. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $343.27.

Marriott International Trading Up 1.6%

NASDAQ:MAR opened at $328.86 on Tuesday. The company has a 50-day moving average price of $330.23 and a 200-day moving average price of $297.44. The stock has a market cap of $87.14 billion, a price-to-earnings ratio of 34.65, a P/E/G ratio of 2.86 and a beta of 1.09. Marriott International, Inc. has a 12 month low of $205.40 and a 12 month high of $370.00.

Marriott International (NASDAQ:MAR) last announced its quarterly 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 company had revenue of $6.69 billion for the quarter, compared to analysts’ expectations of $6.67 billion. During the same quarter in the prior year, the firm earned $2.45 EPS. Marriott International’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. Equities analysts forecast that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International Announces Dividend

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

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.