PensionDanmark Pensionsforsikringsaktieselskab Grows Stock Position in Marriott International, Inc. $MAR

PensionDanmark Pensionsforsikringsaktieselskab raised its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 18.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,913 shares of the company’s stock after acquiring an additional 7,111 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Marriott International were worth $16,644,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Evelyn Partners Investment Management Services Ltd bought a new stake in Marriott International during the 1st quarter worth approximately $25,000. IMG Wealth Management Inc. increased its stake in shares of Marriott International by 100.0% in the first quarter. IMG Wealth Management Inc. now owns 82 shares of the company’s stock worth $27,000 after purchasing an additional 41 shares in the last quarter. Wilkerson Advisory Group LLC raised its position in shares of Marriott International by 127.0% during the 1st quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock valued at $27,000 after purchasing an additional 47 shares during the period. McMillan Office Inc. purchased a new position in shares of Marriott International during the 4th quarter valued at $27,000. Finally, Kemnay Advisory Services Inc. bought a new position in Marriott International in the 4th quarter worth $27,000. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Marriott International Trading Down 1.6%

Shares of MAR stock opened at $353.91 on Friday. The stock has a market capitalization of $92.29 billion, a price-to-earnings ratio of 36.67, a price-to-earnings-growth ratio of 2.79 and a beta of 1.10. Marriott International, Inc. has a 12-month low of $256.49 and a 12-month high of $410.98. The stock’s 50-day moving average price is $377.05 and its 200-day moving average price is $355.24.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings results on Monday, August 3rd. The company reported $3.19 EPS for the quarter, beating analysts’ consensus estimates of $3.08 by $0.11. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.The company had revenue of $2.01 billion during the quarter, compared to analyst estimates of $7.19 billion. During the same period in the prior year, the company earned $2.65 earnings per share. The firm’s revenue was up 4.8% on a year-over-year basis. Marriott International has set its FY 2026 guidance at 11.640-11.810 EPS and its Q3 2026 guidance at 2.740-2.820 EPS. As a group, research analysts predict that Marriott International, Inc. will post 11.7 EPS for the current fiscal year.

Marriott International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, August 20th will be given a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, August 20th. Marriott International’s payout ratio is currently 30.26%.

Insider Transactions at Marriott International

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

Wall Street Analyst Weigh In

A number of research firms have commented on MAR. TD Cowen raised their price target on Marriott International from $410.00 to $420.00 and gave the company a “buy” rating in a report on Tuesday, July 21st. Barclays cut their target price on Marriott International from $379.00 to $348.00 and set an “equal weight” rating for the company in a research report on Tuesday. Sanford C. Bernstein set a $412.00 price target on Marriott International in a report on Monday, June 15th. Robert W. Baird dropped their price target on Marriott International from $394.00 to $393.00 and set a “neutral” rating for the company in a research note on Tuesday. Finally, BMO Capital Markets reduced their price objective on shares of Marriott International from $410.00 to $395.00 and set an “outperform” rating on the stock in a research report on Tuesday. Nine investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, Marriott International presently has an average rating of “Moderate Buy” and a consensus target price of $386.65.

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.