Legal & General Group Plc Lowers Stock Holdings in Marriott International, Inc. $MAR

Legal & General Group Plc trimmed its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 3.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,421,853 shares of the company’s stock after selling 43,567 shares during the period. Legal & General Group Plc’s holdings in Marriott International were worth $441,116,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Triumph Capital Management purchased a new position in shares of Marriott International during the third quarter valued at approximately $28,000. Rachor Investment Advisory Services LLC purchased a new position in shares of Marriott International during the fourth quarter valued at approximately $32,000. Darwin Wealth Management LLC bought a new stake in shares of Marriott International during the second quarter valued at approximately $37,000. Root Financial Partners LLC bought a new stake in shares of Marriott International during the third quarter valued at approximately $41,000. Finally, IAG Wealth Partners LLC increased its position in shares of Marriott International by 468.8% during the third quarter. IAG Wealth Partners LLC now owns 182 shares of the company’s stock valued at $47,000 after acquiring an additional 150 shares in the last quarter. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

Marriott International Price Performance

Shares of MAR stock opened at $369.15 on Tuesday. Marriott International, Inc. has a 1 year low of $253.55 and a 1 year high of $380.00. The firm has a fifty day moving average price of $348.32 and a 200-day moving average price of $327.66. The company has a market cap of $97.34 billion, a price-to-earnings ratio of 38.74, a PEG ratio of 2.93 and a beta of 1.11.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $6.59 billion. During the same quarter in the previous year, the firm posted $2.32 EPS. The company’s revenue for the quarter was up 6.2% compared to the same quarter last year. 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. Equities research analysts expect that Marriott International, Inc. will post 11.66 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. Investors of record on Friday, May 22nd will be paid a dividend of $0.73 per share. This is a positive change from Marriott International’s previous quarterly dividend of $0.67. The ex-dividend date is Friday, May 22nd. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. Marriott International’s dividend payout ratio is presently 28.12%.

Insider Buying and Selling at Marriott International

In related news, EVP Peggy Roe sold 3,000 shares of Marriott International 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 transaction, the executive vice president owned 19,827 shares in the company, valued at approximately $7,168,650.12. The trade was a 13.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 11.43% of the company’s stock.

Analysts Set New Price Targets

MAR has been the subject of several analyst reports. JPMorgan Chase & Co. raised their price target on shares of Marriott International from $356.00 to $383.00 and gave the company a “neutral” rating in a research report on Tuesday, April 21st. Truist Financial raised their price target on shares of Marriott International from $283.00 to $350.00 and gave the company a “hold” rating in a research report on Wednesday, February 11th. Susquehanna raised their price target on shares of Marriott International from $280.00 to $385.00 and gave the company a “neutral” rating in a research report on Thursday, April 23rd. Mizuho raised their price target 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. Finally, Robert W. Baird cut their target price on shares of Marriott International from $388.00 to $386.00 and set a “neutral” rating for the company in a research report on Thursday, May 7th. Eight equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $381.64.

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.