Marriott International, Inc. $MAR Shares Sold by Parnassus Investments LLC

Parnassus Investments LLC decreased its holdings in Marriott International, Inc. (NASDAQ:MAR) by 15.8% in the fourth quarter, Holdings Channel reports. The firm owned 1,561,579 shares of the company’s stock after selling 292,937 shares during the period. Parnassus Investments LLC’s holdings in Marriott International were worth $484,464,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in MAR. Norges Bank acquired a new stake in shares of Marriott International in the 4th quarter worth $812,570,000. Wellington Management Group LLP lifted its position in Marriott International by 21.7% during the 3rd quarter. Wellington Management Group LLP now owns 9,175,377 shares of the company’s stock worth $2,389,635,000 after acquiring an additional 1,637,119 shares during the period. Capital International Investors lifted its position in Marriott International by 7.1% during the 4th quarter. Capital International Investors now owns 4,107,531 shares of the company’s stock worth $1,274,475,000 after acquiring an additional 272,250 shares during the period. Amundi lifted its position in Marriott International by 52.0% during the 3rd quarter. Amundi now owns 741,408 shares of the company’s stock worth $201,618,000 after acquiring an additional 253,696 shares during the period. Finally, Vanguard Group Inc. lifted its position in Marriott International by 1.1% during the 3rd quarter. Vanguard Group Inc. now owns 20,774,015 shares of the company’s stock worth $5,410,384,000 after acquiring an additional 230,820 shares during the period. Institutional investors and hedge funds own 70.70% of the company’s stock.

Marriott International Stock Performance

NASDAQ MAR opened at $397.06 on Friday. The stock has a 50-day simple moving average of $364.27 and a two-hundred day simple moving average of $336.56. The firm has a market capitalization of $104.70 billion, a P/E ratio of 41.66, a PEG ratio of 3.07 and a beta of 1.10. Marriott International, Inc. has a fifty-two week low of $253.55 and a fifty-two week high of $398.96.

Marriott International (NASDAQ:MAR) last released its quarterly earnings data on Wednesday, May 6th. The company reported $2.72 earnings per share for the quarter, beating analysts’ consensus estimates of $2.56 by $0.16. The business had revenue of $1.81 billion during 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%.The company’s revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the business posted $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. As a group, analysts forecast that Marriott International, Inc. will post 11.64 earnings per share for the current year.

Marriott International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd will be paid a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Friday, May 22nd. This is an increase from Marriott International’s previous quarterly dividend of $0.67. Marriott International’s dividend payout ratio (DPR) is 30.64%.

Insider Buying and Selling at Marriott International

In other Marriott International news, EVP Peggy Roe sold 3,000 shares of Marriott International stock in a transaction dated 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 transaction, the executive vice president owned 19,827 shares in the company, valued at approximately $7,168,650.12. This trade represents a 13.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 11.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on MAR shares. JPMorgan Chase & Co. lifted their price target on Marriott International from $356.00 to $383.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 21st. Mizuho lifted their price target on Marriott International from $343.00 to $384.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Barclays lifted their price target on Marriott International from $372.00 to $376.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. Wells Fargo & Company lifted their price target on Marriott International to $446.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Finally, Sanford C. Bernstein lifted their price target on Marriott International from $400.00 to $402.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. Eight investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $382.07.

Marriott International Company 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.