Marriott International, Inc. $MAR Shares Bought by Legal & General Group Plc

Legal & General Group Plc grew its position in Marriott International, Inc. (NASDAQ:MAR) by 9.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,465,420 shares of the company’s stock after purchasing an additional 124,759 shares during the period. Legal & General Group Plc’s holdings in Marriott International were worth $381,654,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MAR. Vanguard Group Inc. lifted its position in Marriott International by 1.1% during the third quarter. Vanguard Group Inc. now owns 20,774,015 shares of the company’s stock valued at $5,410,384,000 after buying an additional 230,820 shares in the last quarter. State Street Corp increased its position in shares of Marriott International by 1.2% in the second quarter. State Street Corp now owns 9,488,566 shares of the company’s stock worth $2,592,371,000 after acquiring an additional 114,973 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Marriott International by 2.0% during the 2nd quarter. Geode Capital Management LLC now owns 5,223,539 shares of the company’s stock valued at $1,420,308,000 after acquiring an additional 102,798 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in Marriott International by 7.2% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,921,767 shares of the company’s stock worth $1,281,825,000 after purchasing an additional 330,952 shares during the period. Finally, Invesco Ltd. increased its holdings in Marriott International by 5.0% in the 2nd quarter. Invesco Ltd. now owns 4,330,656 shares of the company’s stock valued at $1,183,178,000 after purchasing an additional 206,820 shares in the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

Insider Buying and Selling

In related news, CEO Anthony Capuano sold 63,000 shares of the business’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $359.22, for a total value of $22,630,860.00. Following the completion of the sale, the chief executive officer directly owned 113,617 shares of the company’s stock, valued at $40,813,498.74. The trade was a 35.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider William P. Brown sold 9,456 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $358.25, for a total value of $3,387,612.00. Following the sale, the insider owned 11,000 shares in the company, valued at $3,940,750. The trade was a 46.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 97,157 shares of company stock worth $34,768,825. 10.68% of the stock is currently owned by insiders.

Analyst Ratings Changes

MAR has been the topic of a number of recent research reports. Morgan Stanley boosted their price objective on Marriott International from $328.00 to $331.00 and gave the stock an “overweight” rating in a research note on Tuesday. BMO Capital Markets upgraded Marriott International from a “market perform” rating to an “outperform” rating and raised their target price for the company from $285.00 to $370.00 in a report on Friday, January 9th. JPMorgan Chase & Co. upped their price target on Marriott International from $323.00 to $356.00 and gave the stock a “neutral” rating in a report on Wednesday, February 11th. Truist Financial increased their price objective 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. Finally, Wells Fargo & Company boosted their target price on shares of Marriott International from $353.00 to $403.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, Marriott International has an average rating of “Moderate Buy” and a consensus price target of $343.47.

Marriott International Stock Performance

NASDAQ:MAR opened at $326.38 on Thursday. The stock has a market cap of $86.49 billion, a price-to-earnings ratio of 34.39, a price-to-earnings-growth ratio of 2.88 and a beta of 1.09. Marriott International, Inc. has a one year low of $205.40 and a one year high of $370.00. The business’s 50-day simple moving average is $330.80 and its 200 day simple moving average is $298.01.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $2.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.61 by ($0.03). The business had revenue of $6.69 billion for the quarter, compared to analysts’ expectations of $6.67 billion. Marriott International had a negative return on equity of 84.23% and a net margin of 9.93%.Marriott International’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.45 earnings per share. Marriott International has set its FY 2026 guidance at 11.320-11.570 EPS and its Q1 2026 guidance at 2.500-2.550 EPS. On average, equities research analysts predict that Marriott International, Inc. will post 10.1 EPS for the current year.

Marriott International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Thursday, February 26th will be issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, February 26th. Marriott International’s dividend payout ratio (DPR) is currently 28.24%.

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.