LGT Fund Management Co Ltd. Buys 2,000 Shares of Marriott International, Inc. $MAR

LGT Fund Management Co Ltd. boosted its stake in Marriott International, Inc. (NASDAQ:MAR) by 50.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,000 shares of the company’s stock after acquiring an additional 2,000 shares during the period. LGT Fund Management Co Ltd.’s holdings in Marriott International were worth $1,962,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in MAR. FMB Wealth Management bought a new position in shares of Marriott International in the 4th quarter worth about $1,762,000. Norges Bank acquired a new stake in Marriott International during the fourth quarter worth approximately $812,570,000. Jefferies Financial Group Inc. increased its holdings in Marriott International by 183.7% in the fourth quarter. Jefferies Financial Group Inc. now owns 56,180 shares of the company’s stock worth $17,429,000 after purchasing an additional 36,380 shares in the last quarter. World Investment Advisors lifted its stake in Marriott International by 130.8% in the fourth quarter. World Investment Advisors now owns 16,014 shares of the company’s stock valued at $4,968,000 after buying an additional 9,075 shares during the period. Finally, Caprock Group LLC boosted its holdings in shares of Marriott International by 21.9% during the 4th quarter. Caprock Group LLC now owns 16,806 shares of the company’s stock worth $5,214,000 after buying an additional 3,023 shares in the last quarter. Institutional investors own 70.70% of the company’s stock.

Insider Activity

In other 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 value of $1,084,680.00. Following the completion of the sale, 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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 11.43% of the stock is currently owned by insiders.

Marriott International Stock Performance

Shares of NASDAQ MAR opened at $376.11 on Monday. The stock has a market cap of $99.18 billion, a price-to-earnings ratio of 39.47, a PEG ratio of 2.99 and a beta of 1.11. Marriott International, Inc. has a fifty-two week low of $253.76 and a fifty-two week high of $410.98. The firm’s 50-day simple moving average is $375.43 and its 200 day simple moving average is $348.63.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $2.72 EPS for the quarter, topping the consensus estimate of $2.56 by $0.16. The firm had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $6.59 billion. Marriott International had a negative return on equity of 80.97% and a net margin of 9.72%.The company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the business posted $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 predict that Marriott International, Inc. will post 11.64 EPS for the current year.

Marriott International Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd were issued a dividend of $0.73 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $2.92 dividend on an annualized basis 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%.

Analysts Set New Price Targets

Several analysts have recently weighed in on MAR shares. JPMorgan Chase & Co. lifted their price objective on shares of Marriott International from $356.00 to $383.00 and gave the company a “neutral” rating in a research note on Tuesday, April 21st. Barclays raised their price target on shares of Marriott International from $372.00 to $376.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. Robert W. Baird decreased their price target on shares of Marriott International from $388.00 to $386.00 and set a “neutral” rating for the company in a research note on Thursday, May 7th. Weiss Ratings restated a “buy (b)” rating on shares of Marriott International in a research note on Monday, May 11th. Finally, Susquehanna upped their price target on Marriott International from $280.00 to $385.00 and gave the stock a “neutral” rating in a research note on Thursday, April 23rd. Eight investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $384.73.

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.