Eurizon Capital SGR S.p.A. Purchases Shares of 40,300 Marriott International, Inc. $MAR

Eurizon Capital SGR S.p.A. purchased a new stake in shares of Marriott International, Inc. (NASDAQ:MAR) during the fourth quarter, Holdings Channel.com reports. The firm purchased 40,300 shares of the company’s stock, valued at approximately $12,518,000.

Other hedge funds have also bought and sold shares of the company. National Pension Service increased its stake in Marriott International by 1.6% during the 3rd quarter. National Pension Service now owns 603,431 shares of the company’s stock valued at $157,158,000 after purchasing an additional 9,530 shares in the last quarter. Legal & General Group Plc increased its stake in Marriott International by 9.3% during the 3rd quarter. Legal & General Group Plc now owns 1,465,420 shares of the company’s stock valued at $381,654,000 after purchasing an additional 124,759 shares in the last quarter. Lansforsakringar Fondforvaltning AB publ increased its stake in Marriott International by 5.8% during the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 73,759 shares of the company’s stock valued at $19,210,000 after purchasing an additional 4,067 shares in the last quarter. Natixis Advisors LLC increased its stake in Marriott International by 12.0% during the 3rd quarter. Natixis Advisors LLC now owns 386,638 shares of the company’s stock valued at $100,696,000 after purchasing an additional 41,547 shares in the last quarter. Finally, FMB Wealth Management acquired a new position in Marriott International during the 4th quarter valued at approximately $1,762,000. Institutional investors and hedge funds own 70.70% of the company’s stock.

Insider Transactions at Marriott International

In related news, EVP Peggy Roe sold 3,000 shares of the 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 sale, the executive vice president directly owned 19,827 shares of the company’s stock, valued at approximately $7,168,650.12. This represents a 13.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 11.43% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on MAR shares. Truist Financial upped their price target on shares of Marriott International from $350.00 to $356.00 and gave the company a “hold” rating in a research note on Tuesday, May 26th. The Goldman Sachs Group boosted their target price on shares of Marriott International from $355.00 to $398.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Jefferies Financial Group upped their price target on shares of Marriott International from $357.00 to $415.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Sanford C. Bernstein upped their price target on shares of Marriott International from $400.00 to $402.00 and gave the company an “outperform” rating in a report on Friday, May 15th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Marriott International in a report on Monday, May 11th. Eight equities 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, Marriott International has an average rating of “Moderate Buy” and an average target price of $382.07.

Marriott International Stock Performance

NASDAQ:MAR opened at $375.60 on Monday. The firm’s fifty day moving average is $353.03 and its two-hundred day moving average is $330.31. Marriott International, Inc. has a one year low of $253.55 and a one year high of $388.37. The firm has a market cap 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) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.56 by $0.16. Marriott International had a net margin of 9.72% and a negative return on equity of 80.97%. The firm had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $6.59 billion. During the same period in the prior year, the firm posted $2.32 earnings per share. The firm’s quarterly 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. As a group, equities research analysts predict that Marriott International, Inc. will post 11.66 earnings per share for the current fiscal year.

Marriott International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 22nd will be issued a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 0.8%. This is a boost from Marriott International’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Friday, May 22nd. Marriott International’s 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.