Royal Fund Management 13F: Exits MAR Stake

Royal Fund Management closed out its position in Marriott International, Inc. MAR, selling all 6,594 shares it held according to a Form 13F filed with the SEC on October 22, 2026. The complete exit reduced the firm's holdings down to zero shares.

MAR Marriott International, Inc.

$404 ▲ +29.67% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in Royal Fund Management's Marriott International Position

Royal Fund Management completely sold out of Marriott International, Inc. MAR during the period. The fund previously held 6,594 shares, but cut its stake down to zero shares. That completely wiped out the holding.

Other Institutional Activity in Marriott International

Other large funds made adjustments to their own holdings of the lodging stock recently. Quilter grew its holdings by 3,518 shares, ending with 247,173 shares worth about $87,912,021.

Marriott International, Inc. Stock Down 0.1%

Marriott shares closed at $396.80 on October 22, 2026. The stock recently traded around $396.81 as of October 23, 2026, which is about equal to the event-day close. The stock trades above its 50-day moving average of $354.77 and sits above its 200-day moving average of $353.50. The share price is down 3.4% from its 52-week high of $410.98 and up 54.5% from its 52-week low of $256.76.

Recent Earnings

Marriott International reported trailing-twelve-month revenue of $7,385,000,000 and earnings of $9.66 per share. The company operates with a net profit margin of 35.0% and a revenue growth rate of 11.1% year-over-year. The lodging giant carries a price-to-earnings ratio of 41.82, with a forward P/E of 30.70. The company's next earnings report is scheduled for November 2, 2026.

Dividend

Marriott pays an annual dividend rate of $2.92 per share, yielding 0.72% based on recent trading levels. The payout ratio stands at 28.4% of earnings.

Insider Buying and Selling at Marriott International, Inc.

Company insiders completed several transactions prior to the filing. Officer Peggy Fang Roe sold 3,000 shares on May 18, 2026, at an average price of $361.56 for a total value of $1,084,680. Beneficial owner John Willard Marriott Jr sold 3,500 shares on September 25, 2026, at $352.09 per share totaling $1,232,313. Director David Sheets Marriott sold 3,500 shares on September 25, 2026, at $352.09 per share for $1,232,313. Director Deborah Marriott Harrison sold 3,500 shares on September 25, 2026, at $352.09 per share worth $1,232,313.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. On October 16, 2026, Barclays maintained its Equal-Weight rating and lifted its price target from $348.00 to $363.00. Wells Fargo maintained an Overweight rating on October 19, 2026, raising its target from $425.00 to $426.00. Evercore ISI Group maintained an Outperform rating on October 19, 2026, moving its target from $400.00 to $420.00. JP Morgan maintained a Neutral rating on October 21, 2026, lifting its target from $388.00 to $406.00. Morgan Stanley maintained an Overweight rating on October 22, 2026, raising its target from $384.00 to $403.00. Overall, analysts maintain a consensus buy rating on the stock with a mean price target of $386.81 across 26 analyst opinions.

About Marriott International

Marriott International, Inc. runs, franchises, and licenses lodging properties worldwide. Its portfolio covers hotels, residential complexes, and timeshares under well-known luxury and premium brands like JW Marriott, The Ritz-Carlton, and W Hotels. Headquartered in Bethesda, Maryland, the company employs over 400,000 people globally.

Bottom Line

Investors will look toward Marriott's upcoming earnings report on November 2, 2026, for fresh details on lodging demand and occupancy trends. Future SEC filings will reveal whether other institutional investors follow suit or maintain their positions in the consumer cyclical giant.