Capital Group Investment Management PTE. LTD. Raises Stake in Marriott International, Inc. $MAR

Capital Group Investment Management PTE. LTD. increased its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 29.7% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 5,915 shares of the company’s stock after purchasing an additional 1,354 shares during the period. Capital Group Investment Management PTE. LTD.’s holdings in Marriott International were worth $1,835,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in MAR. Triumph Capital Management purchased a new stake in Marriott International during the 3rd quarter worth about $28,000. Basepoint Wealth LLC bought a new position in Marriott International in the 4th quarter worth about $28,000. Godfrey Financial Associates Inc. bought a new position in Marriott International in the 4th quarter worth about $31,000. Rachor Investment Advisory Services LLC bought a new position in Marriott International in the 4th quarter worth about $32,000. Finally, Darwin Wealth Management LLC bought a new position in Marriott International in the 2nd quarter worth about $37,000. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Robert W. Baird decreased their target price on Marriott International from $388.00 to $386.00 and set a “neutral” rating on the stock in a research note on Thursday, May 7th. Jefferies Financial Group upped their target price on Marriott International from $357.00 to $415.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Barclays upped their target price on Marriott International from $372.00 to $376.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 7th. JPMorgan Chase & Co. upped their target price on Marriott International from $356.00 to $383.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 21st. Finally, Morgan Stanley upped their target price on Marriott International from $350.00 to $353.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. Eight research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $382.07.

Insiders Place Their Bets

In related news, EVP Peggy Roe sold 3,000 shares of the stock in a transaction dated 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 completion of the sale, the executive vice president directly owned 19,827 shares in the company, valued at $7,168,650.12. This represents a 13.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 11.43% of the stock is owned by corporate insiders.

Marriott International Trading Up 1.9%

Shares of Marriott International stock opened at $392.51 on Friday. The firm has a market capitalization of $103.50 billion, a PE ratio of 41.19, a price-to-earnings-growth ratio of 3.12 and a beta of 1.10. The business’s 50-day moving average price is $358.69 and its 200-day moving average price is $333.23. Marriott International, Inc. has a 12 month low of $253.55 and a 12 month high of $396.65.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $2.72 EPS for the quarter, beating the consensus estimate of $2.56 by $0.16. The firm had revenue of $1.81 billion for the quarter, compared to analyst estimates 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 revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the company 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, analysts predict that Marriott International, Inc. will post 11.64 earnings per share for the current fiscal year.

Marriott International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 22nd will be issued a dividend of $0.73 per share. The ex-dividend date is Friday, May 22nd. This represents a $2.92 annualized dividend and a yield of 0.7%. This is a boost from Marriott International’s previous quarterly dividend of $0.67. Marriott International’s dividend payout ratio (DPR) is currently 30.64%.

About Marriott International

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.