Copeland Capital Management LLC Sells 2,263 Shares of Marriott International, Inc. $MAR
by Sarita Garza · The Markets DailyCopeland Capital Management LLC lessened its position in shares of Marriott International, Inc. (NASDAQ:MAR – Free Report) by 4.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 49,586 shares of the company’s stock after selling 2,263 shares during the quarter. Copeland Capital Management LLC’s holdings in Marriott International were worth $15,384,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Wellington Management Group LLP raised its stake in Marriott International by 21.7% during the third quarter. Wellington Management Group LLP now owns 9,175,377 shares of the company’s stock worth $2,389,635,000 after buying an additional 1,637,119 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in Marriott International by 7.2% during the third quarter. Massachusetts Financial Services Co. MA now owns 4,921,767 shares of the company’s stock valued at $1,281,825,000 after acquiring an additional 330,952 shares during the last quarter. Amundi grew its holdings in Marriott International by 52.0% during the 3rd quarter. Amundi now owns 741,408 shares of the company’s stock worth $201,618,000 after acquiring an additional 253,696 shares during the period. Vanguard Group Inc. raised its position in shares of Marriott International by 1.1% in the 3rd quarter. Vanguard Group Inc. now owns 20,774,015 shares of the company’s stock worth $5,410,384,000 after acquiring an additional 230,820 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of Marriott International by 26.2% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 846,740 shares of the company’s stock valued at $220,525,000 after purchasing an additional 175,637 shares during the period. 70.70% of the stock is owned by institutional investors.
Insider Activity at Marriott International
In other Marriott International news, insider David S. Marriott sold 4,747 shares of Marriott International stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $360.00, for a total transaction of $1,708,920.00. Following the transaction, the insider owned 591,669 shares of the company’s stock, valued at $213,000,840. This trade represents a 0.80% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider William P. Brown sold 9,456 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $358.25, for a total value of $3,387,612.00. Following the completion of the transaction, the insider directly owned 11,000 shares of the company’s stock, valued at approximately $3,940,750. This represents a 46.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 95,540 shares of company stock valued at $34,274,055 over the last three months. Insiders own 11.43% of the company’s stock.
Analyst Upgrades and Downgrades
MAR has been the subject of several recent analyst reports. Truist Financial raised their target price on Marriott International from $283.00 to $350.00 and gave the stock a “hold” rating in a research note on Wednesday, February 11th. Sanford C. Bernstein increased their price target on Marriott International from $329.00 to $369.00 and gave the stock an “outperform” rating in a report on Tuesday, January 6th. Evercore raised their price objective on shares of Marriott International from $320.00 to $350.00 and gave the stock an “outperform” rating in a research report 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 research report on Thursday, January 15th. Finally, Morgan Stanley raised their price target on shares of Marriott International from $331.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $357.27.
Check Out Our Latest Stock Analysis on Marriott International
Marriott International Stock Performance
MAR stock opened at $368.24 on Friday. The company has a market capitalization of $97.56 billion, a P/E ratio of 38.80, a price-to-earnings-growth ratio of 3.22 and a beta of 1.10. Marriott International, Inc. has a 52-week low of $227.55 and a 52-week high of $380.00. The business has a 50-day simple moving average of $340.86 and a two-hundred day simple moving average of $313.91.
Marriott International (NASDAQ:MAR – Get Free Report) 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 net margin of 9.93% and a negative return on equity of 84.23%. The company had revenue of $6.69 billion during the quarter, compared to the consensus estimate of $6.67 billion. During the same quarter in the prior year, the business earned $2.45 EPS. The firm’s revenue for the quarter 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. As a group, sell-side analysts forecast that Marriott International, Inc. will post 11.67 earnings per share for the current fiscal year.
Marriott International Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, February 26th were paid a $0.67 dividend. The ex-dividend date was Thursday, February 26th. This represents a $2.68 annualized dividend and a dividend yield of 0.7%. Marriott International’s dividend payout ratio is presently 28.24%.
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.
See Also
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