Marriott International, Inc. $MAR Shares Bought by Global Retirement Partners LLC

Global Retirement Partners LLC raised its stake in Marriott International, Inc. (NASDAQ:MAR) by 85.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,418 shares of the company’s stock after purchasing an additional 1,570 shares during the quarter. Global Retirement Partners LLC’s holdings in Marriott International were worth $1,060,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Trajan Wealth LLC grew its position in Marriott International by 11.1% in the 4th quarter. Trajan Wealth LLC now owns 5,556 shares of the company’s stock valued at $1,724,000 after buying an additional 557 shares during the last quarter. Leonteq Securities AG purchased a new position in Marriott International during the 4th quarter worth $191,000. Lazard Freres Gestion S.A.S. boosted its holdings in shares of Marriott International by 1.4% in the fourth quarter. Lazard Freres Gestion S.A.S. now owns 191,585 shares of the company’s stock valued at $59,437,000 after acquiring an additional 2,635 shares in the last quarter. Northbridge Financial Group LLC acquired a new position in shares of Marriott International during the fourth quarter worth about $843,000. Finally, Partners Group Holding AG purchased a new position in Marriott International during the fourth quarter worth about $1,675,000. 70.70% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Peggy Roe sold 3,000 shares of the business’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 directly owned 19,827 shares of the company’s stock, valued at $7,168,650.12. The trade was a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 11.43% of the company’s stock.

Wall Street Analysts Forecast Growth

MAR has been the subject of several research analyst reports. The Goldman Sachs Group increased their price objective on Marriott International from $355.00 to $398.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Susquehanna raised their price objective on shares of Marriott International from $280.00 to $385.00 and gave the company a “neutral” rating in a research note on Thursday, April 23rd. Wells Fargo & Company upped their target price on shares of Marriott International to $446.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of Marriott International in a research report on Monday, May 11th. Finally, Morgan Stanley upped their price target on Marriott International from $350.00 to $353.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. Eight equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $381.64.

Marriott International Price Performance

Marriott International stock opened at $369.15 on Tuesday. The firm’s 50-day simple moving average is $348.32 and its 200 day simple moving average is $327.66. Marriott International, Inc. has a 52 week low of $253.55 and a 52 week high of $380.00. The firm has a market capitalization of $97.34 billion, a PE ratio of 38.74, a P/E/G ratio of 2.93 and a beta of 1.11.

Marriott International (NASDAQ:MAR) last announced its earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.56 by $0.16. The company had revenue of $1.81 billion during 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 quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous 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, research analysts expect that Marriott International, Inc. will post 11.66 EPS for the current fiscal year.

Marriott International Increases Dividend

The business 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 dividend of $0.73 per share. This is a boost 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 yield of 0.8%. Marriott International’s payout ratio is currently 28.12%.

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.