AIA Group Ltd Sells 5,677 Shares of Marriott International, Inc. $MAR

AIA Group Ltd reduced its position in Marriott International, Inc. (NASDAQ:MAR) by 17.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 27,423 shares of the company’s stock after selling 5,677 shares during the quarter. AIA Group Ltd’s holdings in Marriott International were worth $8,969,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in MAR. Frederick Financial Consultants LLC boosted its position in shares of Marriott International by 0.8% during the 4th quarter. Frederick Financial Consultants LLC now owns 3,531 shares of the company’s stock worth $1,095,000 after acquiring an additional 28 shares in the last quarter. Haven Capital Group Inc. raised its position in Marriott International by 0.3% during the first quarter. Haven Capital Group Inc. now owns 10,064 shares of the company’s stock valued at $3,292,000 after purchasing an additional 30 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in Marriott International by 1.2% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,472 shares of the company’s stock worth $808,000 after purchasing an additional 30 shares during the last quarter. Transamerica Financial Advisors LLC boosted its holdings in shares of Marriott International by 34.8% in the 4th quarter. Transamerica Financial Advisors LLC now owns 120 shares of the company’s stock valued at $37,000 after purchasing an additional 31 shares in the last quarter. Finally, Optimize Financial Inc increased its stake 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 purchasing an additional 32 shares during the last quarter. Institutional investors own 70.70% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on MAR. Weiss Ratings restated a “buy (b)” rating on shares of Marriott International in a research report on Monday, May 11th. Susquehanna boosted their target price on Marriott International from $280.00 to $385.00 and gave the stock a “neutral” rating in a research note on Thursday, April 23rd. Robert W. Baird dropped their target price on shares of Marriott International from $388.00 to $386.00 and set a “neutral” rating for the company in a report on Thursday, May 7th. UBS Group lifted their price target on shares of Marriott International from $336.00 to $412.00 and gave the company a “neutral” rating in a report on Monday, June 15th. Finally, Stifel Nicolaus upped their price objective on shares of Marriott International from $352.00 to $365.00 and gave the stock a “hold” rating in a research report on Friday. Eight research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $385.38.

Marriott International Trading Down 1.3%

Marriott International stock opened at $366.24 on Friday. The stock has a 50-day moving average price of $376.48 and a two-hundred day moving average price of $350.20. Marriott International, Inc. has a 12 month low of $253.76 and a 12 month high of $410.98. The company has a market capitalization of $96.57 billion, a PE ratio of 38.43, a P/E/G ratio of 2.91 and a beta of 1.11.

Marriott International (NASDAQ:MAR) last released its quarterly earnings data 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 the consensus estimate of $6.59 billion. Marriott International had a negative return on equity of 80.97% and a net margin of 9.72%.The firm’s revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. 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 firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd were paid a dividend of $0.73 per share. The ex-dividend date of this dividend was Friday, May 22nd. This is an increase from Marriott International’s previous quarterly dividend of $0.67. This represents a $2.92 annualized dividend and a dividend yield of 0.8%. Marriott International’s payout ratio is 30.64%.

Insider Activity at Marriott International

In related news, EVP Peggy Roe sold 3,000 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $361.56, for a total value of $1,084,680.00. Following the sale, the executive vice president owned 19,827 shares of the company’s stock, valued at $7,168,650.12. The trade was a 13.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 11.43% of the company’s stock.

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.