Carmignac Gestion Sells 7,644 Shares of Marriott International, Inc. $MAR

Carmignac Gestion reduced its holdings in Marriott International, Inc. (NASDAQ:MAR) by 72.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,838 shares of the company’s stock after selling 7,644 shares during the period. Carmignac Gestion’s holdings in Marriott International were worth $928,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Parallel Advisors LLC raised its position in shares of Marriott International by 4.3% in the 1st quarter. Parallel Advisors LLC now owns 3,876 shares of the company’s stock valued at $1,268,000 after acquiring an additional 160 shares during the period. NewEdge Advisors LLC boosted its position in shares of Marriott International by 3.6% during the first quarter. NewEdge Advisors LLC now owns 43,948 shares of the company’s stock worth $14,374,000 after purchasing an additional 1,543 shares in the last quarter. Glenmede Trust Co. NA grew its holdings in shares of Marriott International by 0.9% in the 1st quarter. Glenmede Trust Co. NA now owns 18,553 shares of the company’s stock valued at $6,068,000 after buying an additional 159 shares during the period. Verus Capital Partners LLC increased its position in shares of Marriott International by 9.4% in the 1st quarter. Verus Capital Partners LLC now owns 1,568 shares of the company’s stock valued at $513,000 after buying an additional 135 shares in the last quarter. Finally, Groupe la Francaise acquired a new stake in Marriott International during the 1st quarter worth $784,000. Institutional investors own 70.70% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. TD Cowen increased their price target on Marriott International from $410.00 to $420.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. 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, July 21st. Mizuho raised their target price on shares of Marriott International from $343.00 to $384.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of Marriott International in a report on Monday, May 11th. Finally, Truist Financial raised their price objective on shares of Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a report on Tuesday, May 26th. Nine analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $388.59.

Insider Buying and Selling at Marriott International

In related news, EVP Peggy Roe sold 3,000 shares of Marriott International stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $361.56, for a total transaction of $1,084,680.00. Following the completion of the sale, the executive vice president directly owned 19,827 shares of the company’s stock, valued at approximately $7,168,650.12. This trade represents a 13.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 11.43% of the company’s stock.

Marriott International Price Performance

MAR stock opened at $372.95 on Monday. The stock has a market cap of $98.34 billion, a price-to-earnings ratio of 39.13, a price-to-earnings-growth ratio of 2.92 and a beta of 1.10. The company has a fifty day moving average price of $379.52 and a two-hundred day moving average price of $354.41. Marriott International, Inc. has a one year low of $253.76 and a one year high of $410.98.

Marriott International (NASDAQ:MAR) last posted 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. Marriott International had a net margin of 9.72% and a negative return on equity of 80.97%. The company had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $6.59 billion. During the same quarter last year, the company posted $2.32 EPS. Marriott International’s quarterly revenue 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. Research analysts anticipate that Marriott International, Inc. will post 11.66 EPS for the current fiscal year.

Marriott International Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd were given a $0.73 dividend. The ex-dividend date of this dividend was Friday, May 22nd. This is a positive change from Marriott International’s previous quarterly dividend of $0.67. This represents a $2.92 annualized dividend and a dividend yield of 0.8%. Marriott International’s dividend payout ratio (DPR) is currently 30.64%.

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.