Trust Co. of Vermont Makes New Investment in Marriott International, Inc. $MAR

Trust Co. of Vermont purchased a new position in shares of Marriott International, Inc. (NASDAQ:MAR) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,346 shares of the company’s stock, valued at approximately $1,240,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in Marriott International in the fourth quarter valued at approximately $812,570,000. World Investment Advisors raised its stake in Marriott International by 130.8% during the fourth quarter. World Investment Advisors now owns 16,014 shares of the company’s stock worth $4,968,000 after purchasing an additional 9,075 shares during the period. Jefferies Financial Group Inc. boosted its holdings in shares of Marriott International by 183.7% in the 4th quarter. Jefferies Financial Group Inc. now owns 56,180 shares of the company’s stock valued at $17,429,000 after purchasing an additional 36,380 shares during the last quarter. Caprock Group LLC grew its stake in shares of Marriott International by 21.9% during the 4th quarter. Caprock Group LLC now owns 16,806 shares of the company’s stock valued at $5,214,000 after buying an additional 3,023 shares during the period. Finally, Hsbc Holdings PLC increased its holdings in shares of Marriott International by 62.7% during the 4th quarter. Hsbc Holdings PLC now owns 640,350 shares of the company’s stock worth $199,069,000 after buying an additional 246,681 shares during the last quarter. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Marriott International Stock Performance

Shares of NASDAQ MAR opened at $357.33 on Wednesday. Marriott International, Inc. has a 1 year low of $256.76 and a 1 year high of $410.98. The stock’s 50-day simple moving average is $372.76 and its 200-day simple moving average is $357.26. The firm has a market cap of $93.18 billion, a price-to-earnings ratio of 37.03, a PEG ratio of 2.77 and a beta of 1.10.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings results on Monday, August 3rd. The company reported $3.19 EPS for the quarter, beating analysts’ consensus estimates of $3.08 by $0.11. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.The firm had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $7.19 billion. During the same quarter in the prior year, the business posted $2.65 earnings per share. Marriott International’s revenue for the quarter was up 4.8% on a year-over-year basis. Marriott International has set its FY 2026 guidance at 11.640-11.810 EPS and its Q3 2026 guidance at 2.740-2.820 EPS. As a group, research analysts predict that Marriott International, Inc. will post 11.71 EPS for the current year.

Marriott International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, August 20th will be given a dividend of $0.73 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. Marriott International’s dividend payout ratio (DPR) is presently 30.26%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on MAR shares. BMO Capital Markets lowered their price target on Marriott International from $410.00 to $395.00 and set an “outperform” rating for the company in a research report on Tuesday, August 4th. Sanford C. Bernstein set a $412.00 price objective on Marriott International in a report on Monday, June 15th. Wells Fargo & Company reduced their price objective on Marriott International from $449.00 to $425.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 4th. Weiss Ratings reissued a “buy (b)” rating on shares of Marriott International in a research report on Friday, August 7th. Finally, UBS Group restated a “neutral” rating on shares of Marriott International in a report on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, Marriott International presently has a consensus rating of “Moderate Buy” and a consensus target price of $386.65.

Marriott International 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.