Marriott International, Inc. $MAR Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp cut its holdings in Marriott International, Inc. (NASDAQ:MAR) by 3.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 1,471,556 shares of the company’s stock after selling 57,952 shares during the period. Bank of New York Mellon Corp’s holdings in Marriott International were worth $456,535,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in MAR. Basepoint Wealth LLC purchased a new stake in Marriott International during the 4th quarter worth $28,000. Godfrey Financial Associates Inc. purchased a new position in Marriott International in the 4th quarter valued at about $31,000. Rachor Investment Advisory Services LLC bought a new position in shares of Marriott International during the fourth quarter worth about $32,000. Triumph Capital Management bought a new position in shares of Marriott International during the third quarter worth about $28,000. Finally, Darwin Wealth Management LLC bought a new position in shares of Marriott International during the second quarter worth about $37,000. 70.70% of the stock is owned by hedge funds and other institutional investors.

Marriott International Trading Up 0.8%

MAR opened at $376.78 on Thursday. The business’s 50 day moving average is $356.16 and its 200-day moving average is $332.11. The stock has a market cap of $99.35 billion, a PE ratio of 39.54, a price-to-earnings-growth ratio of 2.97 and a beta of 1.10. Marriott International, Inc. has a twelve month low of $253.55 and a twelve month high of $388.37.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share for the quarter, beating analysts’ consensus estimates of $2.56 by $0.16. Marriott International had a negative return on equity of 80.97% and a net margin of 9.72%.The company had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $6.59 billion. During the same quarter in the previous year, the company posted $2.32 earnings per share. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. 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, analysts forecast that Marriott International, Inc. will post 11.64 EPS for the current year.

Marriott International Increases Dividend

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

Analyst Upgrades and Downgrades

MAR has been the topic of a number of recent research reports. Robert W. Baird cut their target price on shares of Marriott International from $388.00 to $386.00 and set a “neutral” rating on the stock in a report on Thursday, May 7th. Morgan Stanley raised their target price on shares of Marriott International from $350.00 to $353.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. Sanford C. Bernstein raised their target price on shares of Marriott International from $400.00 to $402.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Susquehanna raised their target price on shares of Marriott International from $280.00 to $385.00 and gave the stock a “neutral” rating in a report on Thursday, April 23rd. Finally, Wells Fargo & Company lifted their price target on Marriott International to $446.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Eight equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, Marriott International has an average rating of “Moderate Buy” and an average target price of $382.07.

Insider Activity at Marriott International

In related news, EVP Peggy Roe sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The shares were 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 11.43% of the stock is owned by corporate insiders.

Marriott International 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.