Canoe Financial LP Sells 3,786 Shares of Marriott International, Inc. $MAR

Canoe Financial LP reduced its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 3.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 101,755 shares of the company’s stock after selling 3,786 shares during the quarter. Canoe Financial LP’s holdings in Marriott International were worth $31,568,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. National Pension Service grew its position in shares of Marriott International by 1.6% during the 3rd quarter. National Pension Service now owns 603,431 shares of the company’s stock valued at $157,158,000 after acquiring an additional 9,530 shares during the period. Legal & General Group Plc grew its holdings in Marriott International by 9.3% during the third quarter. Legal & General Group Plc now owns 1,465,420 shares of the company’s stock valued at $381,654,000 after purchasing an additional 124,759 shares during the period. AustralianSuper Pty Ltd purchased a new stake in Marriott International in the third quarter worth $858,000. Lansforsakringar Fondforvaltning AB publ lifted its position in shares of Marriott International by 5.8% during the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 73,759 shares of the company’s stock valued at $19,210,000 after buying an additional 4,067 shares during the last quarter. Finally, Harbor Investment Advisory LLC grew its stake in shares of Marriott International by 2.7% during the 3rd quarter. Harbor Investment Advisory LLC now owns 572,367 shares of the company’s stock worth $149,067,000 after acquiring an additional 14,898 shares during the period. 70.70% of the stock is owned by hedge funds and other institutional investors.

Marriott International Trading Down 2.5%

MAR stock opened at $317.54 on Friday. The firm has a 50 day moving average of $331.21 and a 200-day moving average of $302.62. The firm has a market capitalization of $84.14 billion, a P/E ratio of 33.46, a price-to-earnings-growth ratio of 2.80 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 posted its earnings results on Tuesday, February 10th. The company reported $2.58 earnings per share for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $6.67 billion. During the same period last year, the company posted $2.45 EPS. The business’s revenue 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. Sell-side analysts predict that Marriott International, Inc. will post 10.1 EPS for the current year.

Marriott International Announces Dividend

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

Analyst Ratings Changes

MAR has been the topic of a number of research reports. The Goldman Sachs Group boosted their price objective on Marriott International from $355.00 to $398.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Truist Financial boosted their price target on shares of Marriott International from $283.00 to $350.00 and gave the company a “hold” rating in a research report on Wednesday, February 11th. Evercore upped their price target on shares of Marriott International from $320.00 to $350.00 and gave the company an “outperform” rating in a research note on Thursday, January 22nd. Citigroup boosted their target price on shares of Marriott International from $285.00 to $345.00 and gave the company a “neutral” rating in a report on Thursday, January 15th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Marriott International in a 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 issued a Hold rating to the company. According to data from MarketBeat, Marriott International has an average rating of “Moderate Buy” and an average price target of $343.47.

Insider Buying and Selling at Marriott International

In other news, insider Rajeev Menon sold 6,333 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $356.61, for a total transaction of $2,258,411.13. Following the completion of the transaction, the insider owned 9,492 shares of the company’s stock, valued at approximately $3,384,942.12. The trade was a 40.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Anthony Capuano sold 63,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $359.22, for a total transaction of $22,630,860.00. Following the completion of the sale, the chief executive officer directly owned 113,617 shares in the company, valued at $40,813,498.74. This represents a 35.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 95,540 shares of company stock valued at $34,274,055 over the last 90 days. Insiders own 10.68% of the company’s stock.

Marriott International Company 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.