Forsta AP Fonden Sells 1,800 Shares of Marriott International, Inc. $MAR

Forsta AP Fonden reduced its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 3.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 46,300 shares of the company’s stock after selling 1,800 shares during the period. Forsta AP Fonden’s holdings in Marriott International were worth $14,364,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. National Pension Service lifted its stake in shares of Marriott International by 1.6% during the 3rd quarter. National Pension Service now owns 603,431 shares of the company’s stock worth $157,158,000 after acquiring an additional 9,530 shares during the last quarter. Legal & General Group Plc lifted its stake in shares of Marriott International by 9.3% during the 3rd quarter. Legal & General Group Plc now owns 1,465,420 shares of the company’s stock worth $381,654,000 after acquiring an additional 124,759 shares during the last quarter. AustralianSuper Pty Ltd bought a new stake in shares of Marriott International during the 3rd quarter worth approximately $858,000. Lansforsakringar Fondforvaltning AB publ lifted its stake in shares of Marriott International by 5.8% during the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 73,759 shares of the company’s stock worth $19,210,000 after acquiring an additional 4,067 shares during the last quarter. Finally, Natixis Advisors LLC increased its holdings in Marriott International by 12.0% during the 3rd quarter. Natixis Advisors LLC now owns 386,638 shares of the company’s stock worth $100,696,000 after purchasing an additional 41,547 shares during the period. 70.70% of the stock is owned by institutional investors.

Marriott International Trading Down 2.6%

Shares of NASDAQ:MAR opened at $375.60 on Friday. Marriott International, Inc. has a 12-month low of $253.55 and a 12-month high of $388.37. The business’s fifty day simple moving average is $353.03 and its 200-day simple moving average is $330.03. The company has a market capitalization of $99.04 billion, a PE ratio of 39.41, a P/E/G ratio of 2.98 and a beta of 1.11.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) 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 business had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $6.59 billion. During the same period last year, the business posted $2.32 EPS. The business’s revenue 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. Research analysts predict that Marriott International, Inc. will post 11.66 EPS for the current year.

Marriott International Increases Dividend

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

Wall Street Analysts Forecast Growth

MAR has been the topic of several research reports. Susquehanna raised their price objective on Marriott International from $280.00 to $385.00 and gave the stock a “neutral” rating in a report on Thursday, April 23rd. The Goldman Sachs Group raised their price objective on Marriott International from $355.00 to $398.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Robert W. Baird reduced their price objective on Marriott International from $388.00 to $386.00 and set a “neutral” rating on the stock in a report on Thursday, May 7th. Jefferies Financial Group raised their price objective on Marriott International from $357.00 to $415.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Finally, Morgan Stanley lifted their price target on Marriott International from $350.00 to $353.00 and gave the company an “overweight” rating in a report 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. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $382.07.

Insider Buying and Selling at Marriott International

In other news, EVP Peggy Roe sold 3,000 shares of the firm’s stock in a transaction 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 sale, the executive vice president owned 19,827 shares of the company’s stock, valued at $7,168,650.12. This trade represents a 13.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 11.43% of the stock is owned by insiders.

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.