Copeland Capital Management LLC Has $13.50 Million Stock Position in Marriott International, Inc. $MAR

Copeland Capital Management LLC lessened its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 4.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 51,849 shares of the company’s stock after selling 2,684 shares during the quarter. Copeland Capital Management LLC’s holdings in Marriott International were worth $13,504,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Marriott International by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 20,543,195 shares of the company’s stock valued at $5,612,606,000 after purchasing an additional 306,717 shares during the last quarter. State Street Corp boosted its stake in Marriott International by 1.2% in the second quarter. State Street Corp now owns 9,488,566 shares of the company’s stock valued at $2,592,371,000 after acquiring an additional 114,973 shares during the last quarter. Geode Capital Management LLC grew its holdings in Marriott International by 2.0% during the 2nd quarter. Geode Capital Management LLC now owns 5,223,539 shares of the company’s stock worth $1,420,308,000 after acquiring an additional 102,798 shares during the period. Invesco Ltd. lifted its stake in shares of Marriott International by 5.0% in the 2nd quarter. Invesco Ltd. now owns 4,330,656 shares of the company’s stock valued at $1,183,178,000 after purchasing an additional 206,820 shares during the period. Finally, Norges Bank bought a new position in shares of Marriott International in the 2nd quarter worth $638,968,000. 70.70% of the stock is owned by institutional investors.

Insider Transactions at Marriott International

In other Marriott International news, EVP Rena Hozore Reiss sold 5,483 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $287.11, for a total transaction of $1,574,224.13. Following the completion of the transaction, the executive vice president owned 39,360 shares of the company’s stock, valued at $11,300,649.60. This represents a 12.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Benjamin T. Breland sold 1,650 shares of Marriott International stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $286.10, for a total transaction of $472,065.00. Following the completion of the sale, the executive vice president owned 18,225 shares in the company, valued at $5,214,172.50. This trade represents a 8.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 88,289 shares of company stock worth $25,669,425. Corporate insiders own 10.68% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on MAR shares. BMO Capital Markets increased their target price on Marriott International from $280.00 to $285.00 and gave the company a “market perform” rating in a research note on Wednesday, November 5th. Truist Financial increased their price target on shares of Marriott International from $278.00 to $283.00 and gave the company a “hold” rating in a research report on Thursday, December 4th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Marriott International in a research note on Wednesday, October 8th. Morgan Stanley reduced their price target on shares of Marriott International from $302.00 to $296.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 22nd. Finally, Robert W. Baird lowered their price objective on shares of Marriott International from $287.00 to $285.00 and set a “neutral” rating for the company in a research report on Tuesday, October 21st. Three research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $297.00.

Marriott International Stock Down 0.2%

Marriott International stock opened at $313.89 on Wednesday. The company has a 50 day moving average of $292.35 and a 200-day moving average of $276.27. Marriott International, Inc. has a twelve month low of $205.40 and a twelve month high of $316.69. The stock has a market capitalization of $84.23 billion, a PE ratio of 33.15, a price-to-earnings-growth ratio of 3.04 and a beta of 1.16.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.38 by $0.09. The business had revenue of $1.73 billion for the quarter, compared to analysts’ expectations of $6.46 billion. Marriott International had a net margin of 10.07% and a negative return on equity of 89.29%. Marriott International has set its Q4 2025 guidance at 2.540-2.620 EPS and its FY 2025 guidance at 9.980-10.060 EPS. Equities analysts anticipate 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 Wednesday, December 31st. Investors of record on Thursday, November 20th will be given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Thursday, November 20th. Marriott International’s dividend payout ratio (DPR) is currently 28.30%.

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.