Allspring Global Investments Holdings LLC Grows Stock Holdings in Marriott International, Inc. $MAR

Allspring Global Investments Holdings LLC lifted its position in Marriott International, Inc. (NASDAQ:MAR) by 513.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 67,814 shares of the company’s stock after buying an additional 56,757 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Marriott International were worth $22,613,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Kemnay Advisory Services Inc. acquired a new stake in Marriott International during the 4th quarter worth approximately $27,000. McMillan Office Inc. acquired a new position in shares of Marriott International in the fourth quarter worth $27,000. Triumph Capital Management purchased a new stake in shares of Marriott International during the third quarter worth $28,000. Basepoint Wealth LLC acquired a new stake in shares of Marriott International in the fourth quarter valued at $28,000. Finally, Godfrey Financial Associates Inc. acquired a new position in Marriott International during the 4th quarter worth $31,000. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Marriott International

In other Marriott International news, EVP Peggy Roe sold 3,000 shares of the firm’s stock in a transaction 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 directly owned 19,827 shares of the company’s stock, valued at approximately $7,168,650.12. This trade represents a 13.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 11.43% of the company’s stock.

Marriott International Stock Up 0.2%

Shares of NASDAQ MAR opened at $366.93 on Tuesday. The business has a 50-day moving average price of $376.76 and a 200 day moving average price of $350.82. The stock has a market cap of $96.76 billion, a PE ratio of 38.50, a price-to-earnings-growth ratio of 2.91 and a beta of 1.11. Marriott International, Inc. has a 52-week low of $253.76 and a 52-week high of $410.98.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 EPS for the quarter, topping the consensus estimate of $2.56 by $0.16. The company 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 firm’s revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous 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. Sell-side analysts anticipate that Marriott International, Inc. will post 11.64 earnings per share for the current year.

Marriott International Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, May 22nd were given a $0.73 dividend. This is a positive change from Marriott International’s previous quarterly dividend of $0.67. The ex-dividend date was Friday, May 22nd. This represents a $2.92 annualized dividend and a yield of 0.8%. Marriott International’s payout ratio is currently 30.64%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Morgan Stanley upped their target price on shares of Marriott International from $353.00 to $380.00 and gave the stock an “overweight” rating in a research note on Friday. UBS Group upped their price objective on Marriott International from $336.00 to $412.00 and gave the stock a “neutral” rating in a research report on Monday, June 15th. Barclays raised their target price on Marriott International from $372.00 to $376.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. Truist Financial boosted their target price on Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a research note on Tuesday, May 26th. Finally, Stifel Nicolaus increased their price target on shares of Marriott International from $352.00 to $365.00 and gave the company a “hold” rating in a research note on Friday. Eight investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $385.38.

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.