iA Global Asset Management Inc. Has $10.40 Million Stake in Marriott International, Inc. $MAR

iA Global Asset Management Inc. lowered its position in Marriott International, Inc. (NASDAQ:MAR) by 4.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 31,809 shares of the company’s stock after selling 1,552 shares during the period. iA Global Asset Management Inc.’s holdings in Marriott International were worth $10,404,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Frederick Financial Consultants LLC raised its holdings in shares of Marriott International by 0.8% during the 4th quarter. Frederick Financial Consultants LLC now owns 3,531 shares of the company’s stock valued at $1,095,000 after purchasing an additional 28 shares in the last quarter. Haven Capital Group Inc. boosted its holdings in Marriott International by 0.3% in the first quarter. Haven Capital Group Inc. now owns 10,064 shares of the company’s stock worth $3,292,000 after purchasing an additional 30 shares in the last quarter. Transamerica Financial Advisors LLC increased its position in Marriott International by 34.8% during the fourth quarter. Transamerica Financial Advisors LLC now owns 120 shares of the company’s stock worth $37,000 after buying an additional 31 shares during the last quarter. Optimize Financial Inc raised its holdings in Marriott International by 1.4% during the fourth quarter. Optimize Financial Inc now owns 2,284 shares of the company’s stock valued at $709,000 after buying an additional 32 shares in the last quarter. Finally, Bridges Investment Management Inc. lifted its position in shares of Marriott International by 1.0% in the fourth quarter. Bridges Investment Management Inc. now owns 3,277 shares of the company’s stock worth $1,017,000 after buying an additional 32 shares during the last quarter. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Morgan Stanley increased their price objective on Marriott International from $350.00 to $353.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. Robert W. Baird decreased their target price on Marriott International from $388.00 to $386.00 and set a “neutral” rating for the company in a research report on Thursday, May 7th. Sanford C. Bernstein set a $412.00 price target on Marriott International in a report on Monday, June 15th. Susquehanna boosted their price objective on shares of Marriott International from $280.00 to $385.00 and gave the stock a “neutral” rating in a research note on Thursday, April 23rd. Finally, Mizuho upped their price objective on shares of Marriott International from $343.00 to $384.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Eight equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $384.73.

Insiders Place Their Bets

In related news, EVP Peggy Roe sold 3,000 shares of Marriott International stock in a transaction dated 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 completion of the transaction, the executive vice president directly 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 11.43% of the stock is owned by company insiders.

Marriott International Stock Performance

Shares of Marriott International stock opened at $368.32 on Thursday. The firm has a market cap of $97.12 billion, a P/E ratio of 38.65, a price-to-earnings-growth ratio of 2.95 and a beta of 1.11. The firm’s 50-day simple moving average is $373.93 and its 200-day simple moving average is $345.30. Marriott International, Inc. has a twelve month low of $253.76 and a twelve month high of $410.98.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $6.59 billion. During the same quarter in the prior year, the business posted $2.32 earnings per share. The company’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. On average, equities analysts forecast that Marriott International, Inc. will post 11.64 earnings per share for the current fiscal year.

Marriott International Increases Dividend

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