Healthcare of Ontario Pension Plan Trust Fund trimmed its position in Marriott International, Inc. (NASDAQ:MAR – Free Report) by 29.9% during the first quarter, HoldingsChannel.com reports. The fund owned 392,311 shares of the company’s stock after selling 167,674 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Marriott International were worth $128,313,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC boosted its position in shares of Marriott International by 2.5% during the fourth quarter. Brighton Jones LLC now owns 8,887 shares of the company’s stock worth $2,479,000 after purchasing an additional 218 shares in the last quarter. Empowered Funds LLC increased its position in shares of Marriott International by 39.1% in the 1st quarter. Empowered Funds LLC now owns 5,805 shares of the company’s stock valued at $1,383,000 after buying an additional 1,631 shares in the last quarter. Woodline Partners LP raised its stake in Marriott International by 39.6% during the 1st quarter. Woodline Partners LP now owns 19,332 shares of the company’s stock worth $4,605,000 after buying an additional 5,480 shares during the period. Intech Investment Management LLC lifted its holdings in Marriott International by 21.8% during the first quarter. Intech Investment Management LLC now owns 6,035 shares of the company’s stock worth $1,438,000 after acquiring an additional 1,079 shares in the last quarter. Finally, Sei Investments Co. grew its stake in Marriott International by 3.8% in the second quarter. Sei Investments Co. now owns 137,329 shares of the company’s stock valued at $37,520,000 after acquiring an additional 5,007 shares during the period. Institutional investors and hedge funds own 70.70% of the company’s stock.
Analysts Set New Price Targets
A number of research firms have recently commented on MAR. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Marriott International in a research report on Monday, May 11th. JPMorgan Chase & Co. increased their target price on Marriott International from $387.00 to $400.00 and gave the stock a “neutral” rating in a research note on Tuesday. Sanford C. Bernstein set a $412.00 target price on shares of Marriott International in a report on Monday, June 15th. Stifel Nicolaus upped their price target on shares of Marriott International from $352.00 to $365.00 and gave the company a “hold” rating in a report on Friday, July 17th. Finally, TD Cowen increased their price objective on shares of Marriott International from $410.00 to $420.00 and gave the stock a “buy” rating in a research report on Tuesday. Nine equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $388.59.
Key Stories Impacting Marriott International
Here are the key news stories impacting Marriott International this week:
- Positive Sentiment: Marriott signed a dual agreement with Catalonia Hotels & Resorts to add all-inclusive properties in Jamaica and Tanzania, expanding its global all-inclusive portfolio and deepening its presence in popular leisure markets. Marriott International Signs Dual Agreement with Catalonia Hotels & Resorts to Bring All-Inclusive Properties to Jamaica and Tanzania
- Positive Sentiment: Additional coverage highlighted Marriott’s expanding all-inclusive footprint in Jamaica and Zanzibar, reinforcing the company’s growth strategy in resort travel. Marriott Expands All-Inclusive Footprint with New Properties in Jamaica, Zanzibar
- Positive Sentiment: Analyst commentary turned more upbeat, with TD Cowen raising its price target to $420 and other firms citing upside potential for MAR. TD Cowen Raises Marriott International (NASDAQ:MAR) Price Target to $420.00
- Positive Sentiment: Marriott also announced new consumer-facing promotions, including a wedding campaign in the Philippines and an expanded holiday “ice” attraction, which can support brand engagement and ancillary demand. ‘Where Love Takes You’: Marriott International PH launches first wedding campaign
Marriott International Price Performance
MAR stock opened at $374.43 on Friday. The stock has a market capitalization of $98.73 billion, a P/E ratio of 39.29, a P/E/G ratio of 2.85 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 business has a 50-day moving average of $378.14 and a 200-day moving average of $352.16.
Marriott International (NASDAQ:MAR – Get Free Report) last announced its earnings results 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. The business had revenue of $1.81 billion for the quarter, compared to analyst estimates of $6.59 billion. Marriott International had a negative return on equity of 80.97% and a net margin of 9.72%.Marriott International’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter last year, the firm earned $2.32 EPS. 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 analysts expect that Marriott International, Inc. will post 11.66 EPS for the current year.
Marriott International Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd were issued a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. This is a boost from Marriott International’s previous quarterly dividend of $0.67. The ex-dividend date was Friday, May 22nd. Marriott International’s dividend payout ratio is 30.64%.
Insider Activity at Marriott International
In related news, EVP Peggy Roe sold 3,000 shares of the 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 completion of the transaction, the executive vice president owned 19,827 shares in the company, valued at approximately $7,168,650.12. This represents a 13.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 11.43% of the stock is currently owned by corporate insiders.
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.
See Also
- Five stocks we like better than Marriott International
- AMD and Cerbras Create A New Blueprint For Hardware
- Intel Earnings Reveal Whether the Chip Selloff Created a Buy
- CrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the Test
- Plugging In: How Kinder Morgan Powers Up Profits
Want to see what other hedge funds are holding MAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marriott International, Inc. (NASDAQ:MAR – Free Report).
Receive News & Ratings for Marriott International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marriott International and related companies with MarketBeat.com's FREE daily email newsletter.
