OMERS ADMINISTRATION Corp Buys 2,438 Shares of Marriott International, Inc. $MAR

OMERS ADMINISTRATION Corp raised its stake in Marriott International, Inc. (NASDAQ:MAR) by 27.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,333 shares of the company’s stock after purchasing an additional 2,438 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Marriott International were worth $3,707,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in MAR. Invesco Ltd. increased its position in Marriott International by 2.7% in the 4th quarter. Invesco Ltd. now owns 4,440,359 shares of the company’s stock valued at $1,377,577,000 after buying an additional 118,504 shares in the last quarter. Capital International Investors boosted its holdings in Marriott International by 7.1% in the fourth quarter. Capital International Investors now owns 4,107,531 shares of the company’s stock worth $1,274,475,000 after acquiring an additional 272,250 shares in the last quarter. Norges Bank acquired a new stake in Marriott International in the fourth quarter valued at approximately $812,570,000. Price T Rowe Associates Inc. MD raised its position in shares of Marriott International by 13.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,879,028 shares of the company’s stock worth $582,952,000 after purchasing an additional 219,579 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Marriott International by 1.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,619,423 shares of the company’s stock worth $502,410,000 after purchasing an additional 19,387 shares in the last quarter. Institutional investors own 70.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on MAR shares. TD Cowen boosted their price target on shares of Marriott International from $410.00 to $420.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st. Wells Fargo & Company raised their price objective on shares of Marriott International from $446.00 to $449.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. Weiss Ratings reissued a “buy (b)” rating on shares of Marriott International in a research report on Monday, May 11th. Stifel Nicolaus raised their price target on shares of Marriott International from $352.00 to $365.00 and gave the company a “hold” rating in a research report on Friday, July 17th. Finally, Susquehanna lifted their price target on Marriott International from $280.00 to $385.00 and gave the company a “neutral” rating in a research note on Thursday, April 23rd. Nine equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $388.59.

Marriott International Trading Up 2.3%

Shares of NASDAQ:MAR opened at $383.06 on Tuesday. The stock’s fifty day simple moving average is $378.62 and its two-hundred day simple moving average is $352.88. The stock has a market cap of $101.01 billion, a PE ratio of 40.20, a price-to-earnings-growth ratio of 2.93 and a beta of 1.11. Marriott International, Inc. has a 1-year low of $253.76 and a 1-year high of $410.98.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.56 by $0.16. The business 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 period in the previous year, the company earned $2.32 earnings per share. 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, sell-side analysts forecast that Marriott International, Inc. will post 11.66 earnings per share for the current fiscal year.

Marriott International Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd were given a $0.73 dividend. This is an increase from Marriott International’s previous quarterly dividend of $0.67. This represents a $2.92 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Friday, May 22nd. Marriott International’s payout ratio is presently 30.64%.

Insider Transactions at Marriott International

In other Marriott International news, EVP Peggy Roe sold 3,000 shares of the company’s stock in a transaction on 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 completion of the transaction, the executive vice president owned 19,827 shares in the company, valued at $7,168,650.12. This represents a 13.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 11.43% of the stock is owned by company insiders.

Marriott International Company 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.