Cibc World Market Inc. Has $11.87 Million Stock Holdings in Marriott International, Inc. $MAR

Cibc World Market Inc. grew its holdings in Marriott International, Inc. (NASDAQ:MAR) by 171.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,246 shares of the company’s stock after purchasing an additional 24,175 shares during the quarter. Cibc World Market Inc.’s holdings in Marriott International were worth $11,865,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Basepoint Wealth LLC acquired a new position in Marriott International during the 4th quarter worth approximately $28,000. Godfrey Financial Associates Inc. acquired a new position in Marriott International during the 4th quarter worth approximately $31,000. Rachor Investment Advisory Services LLC acquired a new position in Marriott International during the 4th quarter worth approximately $32,000. Triumph Capital Management acquired a new position in Marriott International during the 3rd quarter worth approximately $28,000. Finally, Darwin Wealth Management LLC purchased a new stake in shares of Marriott International in the second quarter worth approximately $37,000. 70.70% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Peggy Roe sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $361.56, for a total value of $1,084,680.00. Following the completion of the transaction, the executive vice president directly owned 19,827 shares of the company’s stock, valued at $7,168,650.12. This represents a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 11.43% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have recently commented on MAR shares. Truist Financial increased their price objective on Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a research note on Tuesday, May 26th. Susquehanna increased their price objective on Marriott International from $280.00 to $385.00 and gave the stock a “neutral” rating in a research note on Thursday, April 23rd. Jefferies Financial Group increased their price objective on Marriott International from $357.00 to $415.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. The Goldman Sachs Group increased their price objective on Marriott International from $355.00 to $398.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Marriott International in a research note on Monday, May 11th. Eight investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $382.07.

Marriott International Stock Up 1.9%

MAR stock opened at $392.51 on Friday. The firm has a market cap of $103.50 billion, a PE ratio of 41.19, a P/E/G ratio of 3.12 and a beta of 1.10. The business has a 50 day moving average of $358.69 and a 200-day moving average of $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 released its earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.56 by $0.16. The company had revenue of $1.81 billion during 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%.Marriott International’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the company posted $2.32 earnings per share. 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. On average, research analysts expect that Marriott International, Inc. will post 11.64 earnings per share for the current year.

Marriott International Increases Dividend

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

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.