AlphaCore Capital LLC bought a new position in Marriott International, Inc. (NASDAQ:MAR – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 13,636 shares of the company’s stock, valued at approximately $4,230,000.
Several other hedge funds also recently bought and sold shares of MAR. Wellington Management Group LLP boosted its holdings in Marriott International by 21.7% in the 3rd quarter. Wellington Management Group LLP now owns 9,175,377 shares of the company’s stock worth $2,389,635,000 after buying an additional 1,637,119 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in shares of Marriott International by 7.2% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,921,767 shares of the company’s stock valued at $1,281,825,000 after purchasing an additional 330,952 shares during the last quarter. Amundi boosted its holdings in shares of Marriott International by 52.0% during the 3rd quarter. Amundi now owns 741,408 shares of the company’s stock valued at $201,618,000 after purchasing an additional 253,696 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Marriott International by 1.1% during the 3rd quarter. Vanguard Group Inc. now owns 20,774,015 shares of the company’s stock valued at $5,410,384,000 after purchasing an additional 230,820 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in shares of Marriott International by 26.2% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 846,740 shares of the company’s stock valued at $220,525,000 after purchasing an additional 175,637 shares during the last quarter. Institutional investors own 70.70% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have commented on MAR. Barclays increased their price objective on shares of Marriott International from $372.00 to $376.00 and gave the company an “equal weight” rating in a report on Thursday, May 7th. Truist Financial increased their price objective on shares of Marriott International from $283.00 to $350.00 and gave the company a “hold” rating in a report on Wednesday, February 11th. Robert W. Baird dropped their price objective on shares of Marriott International from $388.00 to $386.00 and set a “neutral” rating for the company in a report on Thursday, May 7th. Weiss Ratings reissued a “buy (b)” rating on shares of Marriott International in a report on Monday, May 11th. Finally, Mizuho upped their target price on shares of Marriott International from $343.00 to $384.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Eight equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, Marriott International presently has a consensus rating of “Moderate Buy” and an average price target of $376.13.
Insider Buying and Selling at Marriott International
In other news, insider David S. Marriott sold 4,747 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $360.00, for a total transaction of $1,708,920.00. Following the transaction, the insider directly owned 591,669 shares of the company’s stock, valued at approximately $213,000,840. This trade represents a 0.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Drew Pinto sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $359.81, for a total transaction of $1,439,240.00. Following the transaction, the executive vice president directly owned 8,221 shares in the company, valued at approximately $2,957,998.01. This trade represents a 32.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 93,028 shares of company stock valued at $33,377,271. 11.43% of the stock is owned by corporate insiders.
Marriott International Price Performance
Marriott International stock opened at $353.17 on Friday. Marriott International, Inc. has a 1-year low of $253.55 and a 1-year high of $380.00. The firm has a market capitalization of $93.13 billion, a P/E ratio of 37.06, a price-to-earnings-growth ratio of 2.81 and a beta of 1.11. The company’s 50-day moving average is $343.48 and its 200 day moving average is $323.01.
Marriott International (NASDAQ:MAR – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $2.72 earnings per share 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 company had revenue of $1.81 billion for the quarter, compared to analyst estimates of $6.59 billion. During the same period in the prior year, the company posted $2.32 EPS. The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. 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 anticipate that Marriott International, Inc. will post 11.65 earnings per share for the current fiscal year.
Marriott International Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 22nd will be given a $0.73 dividend. This is an increase from Marriott International’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $2.92 dividend on an annualized basis and a yield of 0.8%. Marriott International’s dividend payout ratio is currently 28.12%.
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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