Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its position in shares of Marriott International, Inc. (NASDAQ:MAR – Free Report) by 4.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 51,808 shares of the company’s stock after selling 2,296 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Marriott International were worth $16,073,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. National Pension Service increased its position in shares of Marriott International by 1.6% in the third quarter. National Pension Service now owns 603,431 shares of the company’s stock worth $157,158,000 after purchasing an additional 9,530 shares during the period. Legal & General Group Plc increased its position in shares of Marriott International by 9.3% in the third quarter. Legal & General Group Plc now owns 1,465,420 shares of the company’s stock worth $381,654,000 after purchasing an additional 124,759 shares during the period. Lansforsakringar Fondforvaltning AB publ increased its position in shares of Marriott International by 5.8% in the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 73,759 shares of the company’s stock worth $19,210,000 after purchasing an additional 4,067 shares during the period. Natixis Advisors LLC increased its position in shares of Marriott International by 12.0% in the third 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. Finally, FMB Wealth Management bought a new position in Marriott International in the fourth quarter valued at about $1,762,000. Institutional investors own 70.70% of the company’s stock.
Analyst Ratings Changes
A number of research firms have issued reports on MAR. Truist Financial lifted their target price on Marriott International from $350.00 to $356.00 and gave the company a “hold” rating in a research report on Tuesday, May 26th. Mizuho lifted their target price on Marriott International from $343.00 to $384.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Susquehanna lifted their target price on Marriott International from $280.00 to $385.00 and gave the company a “neutral” rating in a research report on Thursday, April 23rd. The Goldman Sachs Group lifted their target price on Marriott International from $355.00 to $398.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Finally, Barclays lifted their price target on Marriott International from $372.00 to $376.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Eight research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $382.07.
Marriott International Stock Performance
Shares of MAR stock opened at $375.60 on Monday. The business’s 50-day moving average price is $353.03 and its 200-day moving average price is $330.31. Marriott International, Inc. has a 12 month low of $253.55 and a 12 month high of $388.37. The firm has a market capitalization of $99.04 billion, a price-to-earnings ratio of 39.41, a PEG ratio of 2.98 and a beta of 1.10.
Marriott International (NASDAQ:MAR – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $2.72 EPS for the quarter, topping analysts’ consensus estimates 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 quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the firm earned $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, sell-side analysts predict that Marriott International, Inc. will post 11.66 earnings per share for the current fiscal year.
Marriott International Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 22nd will be paid a $0.73 dividend. This is an increase from Marriott International’s previous quarterly dividend of $0.67. 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. Marriott International’s payout ratio is presently 30.64%.
Insider Activity at Marriott International
In related news, EVP Peggy Roe sold 3,000 shares of Marriott International 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 transaction, the executive vice president directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 11.43% of the stock is currently owned by corporate insiders.
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.
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