California Public Employees Retirement System Purchases 17,296 Shares of Marriott International, Inc. $MAR

California Public Employees Retirement System boosted its holdings in Marriott International, Inc. (NASDAQ:MAR) by 4.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 387,554 shares of the company’s stock after purchasing an additional 17,296 shares during the quarter. California Public Employees Retirement System owned about 0.14% of Marriott International worth $100,935,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of MAR. Vanguard Group Inc. increased its position in shares of Marriott International by 1.1% during the third 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. State Street Corp boosted its stake in Marriott International by 1.2% during the 2nd quarter. State Street Corp now owns 9,488,566 shares of the company’s stock valued at $2,592,371,000 after purchasing an additional 114,973 shares during the last quarter. Wellington Management Group LLP increased its holdings in Marriott International by 21.7% during the 3rd quarter. Wellington Management Group LLP now owns 9,175,377 shares of the company’s stock worth $2,389,635,000 after purchasing an additional 1,637,119 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Marriott International by 7.2% in the third quarter. Massachusetts Financial Services Co. MA now owns 4,921,767 shares of the company’s stock worth $1,281,825,000 after purchasing an additional 330,952 shares during the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of Marriott International by 5.0% in the second 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 in the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

Insider Buying and Selling at Marriott International

In other news, insider William P. Brown sold 9,456 shares of the company’s stock in a transaction 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 transaction, the insider 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 transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Drew Pinto sold 4,000 shares of Marriott International stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $359.81, for a total value of $1,439,240.00. Following the sale, the executive vice president directly owned 8,221 shares of the company’s stock, valued at $2,957,998.01. This represents a 32.73% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 95,540 shares of company stock worth $34,274,055 in the last ninety days. Insiders own 10.68% of the company’s stock.

Marriott International Stock Performance

Shares of NASDAQ MAR opened at $321.84 on Tuesday. Marriott International, Inc. has a fifty-two week low of $205.40 and a fifty-two week high of $370.00. The stock has a market cap of $85.28 billion, a PE ratio of 33.91, a price-to-earnings-growth ratio of 2.77 and a beta of 1.09. The stock has a fifty day moving average of $331.14 and a 200-day moving average of $299.23.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $2.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.61 by ($0.03). The company had revenue of $6.69 billion for the quarter, compared to analysts’ expectations of $6.67 billion. Marriott International had a negative return on equity of 84.23% and a net margin of 9.93%.The business’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same period last year, the company posted $2.45 EPS. 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. On average, sell-side analysts predict that Marriott International, Inc. will post 10.1 EPS for the current year.

Marriott International Dividend Announcement

The company 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 payout ratio is currently 28.24%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on MAR shares. Barclays upped their price target on Marriott International from $320.00 to $356.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 11th. The Goldman Sachs Group raised 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. JPMorgan Chase & Co. upped their target price on shares of Marriott International from $323.00 to $356.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 11th. Jefferies Financial Group increased their target price on shares of Marriott International from $357.00 to $415.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Finally, Wells Fargo & Company boosted their price target on shares of Marriott International from $353.00 to $403.00 and gave the stock an “overweight” rating in a report on Wednesday, February 11th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, Marriott International presently has an average rating of “Moderate Buy” and a consensus price target of $343.47.

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.