SG Americas Securities LLC boosted its position in Marriott International, Inc. (NASDAQ:MAR – Free Report) by 40.6% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 341,258 shares of the company’s stock after purchasing an additional 98,575 shares during the period. SG Americas Securities LLC’s holdings in Marriott International were worth $111,615,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently bought and sold shares of the business. Brighton Jones LLC increased its holdings in shares of Marriott International by 2.5% during the 4th quarter. Brighton Jones LLC now owns 8,887 shares of the company’s stock worth $2,479,000 after acquiring an additional 218 shares during the last quarter. Empowered Funds LLC boosted its position in Marriott International by 39.1% during the first quarter. Empowered Funds LLC now owns 5,805 shares of the company’s stock worth $1,383,000 after purchasing an additional 1,631 shares during the period. Woodline Partners LP raised its position in shares of Marriott International by 39.6% in the first quarter. Woodline Partners LP now owns 19,332 shares of the company’s stock valued at $4,605,000 after purchasing an additional 5,480 shares during the period. Intech Investment Management LLC lifted its stake in shares of Marriott International by 21.8% during the 1st quarter. Intech Investment Management LLC now owns 6,035 shares of the company’s stock worth $1,438,000 after buying an additional 1,079 shares during the last quarter. Finally, Sei Investments Co. boosted its holdings in shares of Marriott International by 3.8% during the 2nd quarter. Sei Investments Co. now owns 137,329 shares of the company’s stock worth $37,520,000 after buying an additional 5,007 shares during the period. Institutional investors and hedge funds own 70.70% of the company’s stock.
Wall Street Analysts Forecast Growth
MAR has been the topic of several research analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of Marriott International in a report on Monday, May 11th. UBS Group boosted their target price on shares of Marriott International from $336.00 to $412.00 and gave the company a “neutral” rating in a research report on Monday, June 15th. Truist Financial raised their price target on shares of Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a research report on Tuesday, May 26th. Barclays lifted their price objective on shares of Marriott International from $372.00 to $376.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 7th. Finally, Robert W. Baird decreased their target price on shares of Marriott International from $388.00 to $386.00 and set a “neutral” rating on the stock in a research report on Thursday, May 7th. Eight investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $384.73.
Insider Activity at Marriott International
In other news, EVP Peggy Roe sold 3,000 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the executive vice president owned 19,827 shares of the company’s stock, valued at approximately $7,168,650.12. This represents a 13.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 11.43% of the company’s stock.
Marriott International Price Performance
Shares of NASDAQ MAR opened at $396.20 on Monday. The business has a fifty day moving average price of $371.76 and a two-hundred day moving average price of $340.59. The stock has a market capitalization of $104.47 billion, a PE ratio of 41.57, a P/E/G ratio of 3.15 and a beta of 1.10. Marriott International, Inc. has a fifty-two week low of $253.76 and a fifty-two week high of $410.98.
Marriott International (NASDAQ:MAR – Get Free Report) last released its 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. 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%.Marriott International’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the firm posted $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. On average, equities analysts expect that Marriott International, Inc. will post 11.64 EPS for the current year.
Marriott International Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd will be issued a $0.73 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $2.92 annualized dividend and a yield of 0.7%. This is an increase from Marriott International’s previous quarterly dividend of $0.67. Marriott International’s payout ratio is 30.64%.
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.
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