Allstate Corp Has $5.14 Million Stock Position in Marriott International, Inc. $MAR

Allstate Corp grew its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 105.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,565 shares of the company’s stock after acquiring an additional 8,506 shares during the quarter. Allstate Corp’s holdings in Marriott International were worth $5,139,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Choate Investment Advisors boosted its holdings in shares of Marriott International by 3.8% in the 4th quarter. Choate Investment Advisors now owns 3,033 shares of the company’s stock valued at $941,000 after buying an additional 111 shares during the last quarter. CYBER HORNET ETFs LLC boosted its holdings in shares of Marriott International by 5.8% in the 4th quarter. CYBER HORNET ETFs LLC now owns 695 shares of the company’s stock valued at $216,000 after buying an additional 38 shares during the last quarter. Clearstead Advisors LLC boosted its holdings in shares of Marriott International by 7.1% in the 4th quarter. Clearstead Advisors LLC now owns 5,748 shares of the company’s stock valued at $1,783,000 after buying an additional 383 shares during the last quarter. Optimize Financial Inc boosted its holdings in shares of Marriott International by 1.4% in the 4th quarter. Optimize Financial Inc now owns 2,284 shares of the company’s stock valued at $709,000 after buying an additional 32 shares during the last quarter. Finally, Glenview Trust Co boosted its holdings in shares of Marriott International by 7.4% in the 4th quarter. Glenview Trust Co now owns 2,988 shares of the company’s stock valued at $927,000 after buying an additional 206 shares during the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

Marriott International Price Performance

Shares of Marriott International stock opened at $373.81 on Wednesday. The company has a market capitalization of $98.57 billion, a price-to-earnings ratio of 39.22, a P/E/G ratio of 2.93 and a beta of 1.11. The business has a fifty day simple moving average of $349.52 and a two-hundred day simple moving average of $328.30. Marriott International, Inc. has a 1 year low of $253.55 and a 1 year high of $380.00.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.56 by $0.16. The firm had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $6.59 billion. Marriott International had a negative return on equity of 80.97% and a net margin of 9.72%.The company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the business earned $2.32 EPS. Marriott International has set its FY 2026 guidance at 11.380-11.630 EPS and its Q2 2026 guidance at 2.990-3.060 EPS. As a group, equities analysts anticipate that Marriott International, Inc. will post 11.66 earnings per share for the current fiscal year.

Marriott International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd will be given a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 0.8%. The ex-dividend date is Friday, May 22nd. This is a positive change from Marriott International’s previous quarterly dividend of $0.67. Marriott International’s dividend payout ratio (DPR) is 30.64%.

Wall Street Analyst Weigh In

MAR has been the subject of several recent analyst reports. Truist Financial increased their price objective on Marriott International from $350.00 to $356.00 and gave the company a “hold” rating in a report on Tuesday. Susquehanna increased their price objective on Marriott International from $280.00 to $385.00 and gave the company a “neutral” rating in a report on Thursday, April 23rd. Mizuho increased their price objective on Marriott International from $343.00 to $384.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Marriott International in a report on Monday, May 11th. Finally, Robert W. Baird cut their price target on Marriott International from $388.00 to $386.00 and set a “neutral” rating for the company in a report on Thursday, May 7th. Eight investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Marriott International presently has a consensus rating of “Moderate Buy” and an average target price of $382.07.

Insiders Place Their Bets

In other Marriott International news, EVP Peggy Roe sold 3,000 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $361.56, for a total transaction of $1,084,680.00. Following the transaction, the executive vice president owned 19,827 shares in the company, valued at $7,168,650.12. This trade represents a 13.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 11.43% of the stock is owned by insiders.

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.