Valley National Advisers Inc. Purchases 6,861 Shares of Marriott International, Inc. $MAR

Valley National Advisers Inc. increased its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 4,398.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,017 shares of the company’s stock after acquiring an additional 6,861 shares during the period. Valley National Advisers Inc.’s holdings in Marriott International were worth $2,496,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in MAR. Tidal Investments LLC increased its stake in Marriott International by 62.5% in the 2nd quarter. Tidal Investments LLC now owns 34,640 shares of the company’s stock worth $12,837,000 after purchasing an additional 13,322 shares in the last quarter. Dai ichi Life Insurance Company Ltd increased its stake in Marriott International by 37.7% in the 1st quarter. Dai ichi Life Insurance Company Ltd now owns 12,686 shares of the company’s stock valued at $4,149,000 after buying an additional 3,476 shares during the period. VMS Asset Management Limited purchased a new stake in shares of Marriott International during the third quarter worth $2,927,000. Saudi Central Bank raised its stake in shares of Marriott International by 81.7% during the 2nd quarter. Saudi Central Bank now owns 15,300 shares of the company’s stock worth $5,670,000 after purchasing an additional 6,881 shares in the last quarter. Finally, Polaris Financial Partners bought a new position in Marriott International during the third quarter valued at approximately $2,242,000. Institutional investors and hedge funds own 70.70% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Argus cut their target price on Marriott International from $445.00 to $425.00 and set a “buy” rating on the stock in a report on Friday, August 14th. Robert W. Baird dropped their target price on shares of Marriott International from $394.00 to $393.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 4th. Morgan Stanley boosted their price target on Marriott International from $384.00 to $403.00 and gave the company an “overweight” rating in a research note on Thursday. Stifel Nicolaus dropped their price objective on shares of Marriott International from $365.00 to $343.00 and set a “hold” rating for the company in a research note on Monday, August 3rd. Finally, Truist Financial increased their target price on Marriott International from $356.00 to $360.00 and gave the stock a “hold” rating in a report on Thursday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $383.52.

Insider Activity

In other news, insider Deborah Harrison sold 3,500 shares of the business’s 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 in the company, valued at approximately $99,424,230.47. The trade was a 1.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider David Marriott sold 3,500 shares of the company’s stock in a transaction dated 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 sale, the insider directly owned 282,383 shares of the company’s stock, valued at approximately $99,424,230.47. This trade represents a 1.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 11.43% of the company’s stock.

Marriott International Trading Down 1.5%

Shares of NASDAQ MAR opened at $390.71 on Friday. The firm has a market capitalization of $101.89 billion, a PE ratio of 40.49, a price-to-earnings-growth ratio of 2.94 and a beta of 1.17. Marriott International, Inc. has a 1 year low of $256.76 and a 1 year high of $410.98. The firm’s 50-day moving average is $355.97 and its 200-day moving average is $364.72.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings data on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.08 by $0.11. The firm had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $7.19 billion. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period last year, the firm earned $2.65 earnings per share. 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, equities research analysts anticipate that Marriott International, Inc. will post 11.72 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, August 20th were paid a $0.73 dividend. The ex-dividend date of this dividend was Thursday, August 20th. This represents a $2.92 annualized dividend and a yield of 0.7%. Marriott International’s dividend payout ratio is presently 30.26%.

Marriott International Company Profile

Marriott International, Inc is a global hospitality company that develops, franchises, licenses and manages hotels, resorts, residences and other lodging properties. Its portfolio includes brands such as Marriott Hotels, Sheraton, Westin, W Hotels, The Ritz-Carlton, St. Regis, JW Marriott, Courtyard, Fairfield by Marriott, Residence Inn and Element. The company also operates Marriott Bonvoy, a travel loyalty program that provides members with benefits and rewards across participating properties and travel experiences.

Marriott traces its origins to 1927, when J.