Marriott International, Inc. $MAR Shares Acquired by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S grew its holdings in Marriott International, Inc. (NASDAQ:MAR) by 89.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,754 shares of the company’s stock after acquiring an additional 14,075 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Marriott International were worth $9,732,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Kemnay Advisory Services Inc. acquired a new position in Marriott International during the fourth quarter valued at $27,000. McMillan Office Inc. purchased a new position in shares of Marriott International during the 4th quarter valued at about $27,000. Basepoint Wealth LLC acquired a new position in shares of Marriott International in the 4th quarter valued at about $28,000. Godfrey Financial Associates Inc. purchased a new stake in shares of Marriott International in the fourth quarter worth about $31,000. Finally, Advocate Investing Services LLC acquired a new stake in Marriott International during the fourth quarter worth about $31,000. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Insider Buying and Selling at Marriott International

In related news, EVP Peggy Roe sold 3,000 shares of Marriott International stock in a transaction dated 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 sale, the executive vice president directly owned 19,827 shares in the company, valued at approximately $7,168,650.12. The trade was a 13.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 11.43% of the stock is currently owned by company insiders.

Marriott International Price Performance

Shares of MAR stock opened at $396.20 on Monday. Marriott International, Inc. has a 1-year low of $253.76 and a 1-year high of $410.98. The company has a market cap of $104.47 billion, a price-to-earnings ratio of 41.57, a PEG ratio of 3.15 and a beta of 1.10. The stock has a 50 day simple moving average of $371.76 and a 200-day simple moving average of $340.59.

Marriott International (NASDAQ:MAR) last released 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. The firm had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $6.59 billion. Marriott International had a net margin of 9.72% and a negative return on equity of 80.97%. The firm’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter last year, the company earned $2.32 EPS. 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. Analysts anticipate that Marriott International, Inc. will post 11.64 earnings per share for the current fiscal year.

Marriott International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd will be paid a dividend of $0.73 per share. 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 0.7%. The ex-dividend date of this dividend is Friday, May 22nd. Marriott International’s dividend payout ratio is presently 30.64%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Morgan Stanley boosted 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. Sanford C. Bernstein set a $412.00 price objective on shares of Marriott International in a research note on Monday, June 15th. Truist Financial boosted their target price 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. Barclays increased their price target on shares of Marriott International from $372.00 to $376.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. Finally, Susquehanna lifted their price objective on shares of Marriott International from $280.00 to $385.00 and gave the company a “neutral” rating in a report on Thursday, April 23rd. Eight research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, Marriott International presently has a consensus rating of “Moderate Buy” and an average price target of $384.73.

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.