Hsbc Holdings PLC boosted its holdings in Marriott International, Inc. (NASDAQ:MAR – Free Report) by 62.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 640,350 shares of the company’s stock after acquiring an additional 246,681 shares during the quarter. Hsbc Holdings PLC’s holdings in Marriott International were worth $199,069,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of MAR. Kemnay Advisory Services Inc. bought a new stake in Marriott International during the fourth quarter worth $27,000. McMillan Office Inc. bought a new position in Marriott International during the 4th quarter valued at $27,000. Triumph Capital Management purchased a new stake in shares of Marriott International in the third quarter valued at about $28,000. Basepoint Wealth LLC bought a new position in shares of Marriott International during the fourth quarter valued at about $28,000. Finally, Godfrey Financial Associates Inc. bought a new stake in Marriott International in the 4th quarter worth about $31,000. 70.70% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
MAR has been the subject of several recent analyst reports. Mizuho upped their target price on Marriott International from $343.00 to $384.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Morgan Stanley upped their price objective on Marriott International from $350.00 to $353.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. Wells Fargo & Company raised their target price on Marriott International to $446.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Truist Financial increased their price target on shares of Marriott International from $350.00 to $356.00 and gave the company a “hold” rating in a research report on Tuesday, May 26th. Finally, UBS Group lifted their price objective on shares of Marriott International from $336.00 to $412.00 and gave the stock a “neutral” rating in a research report on Monday, June 15th. Eight research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $384.73.
Insider Buying and Selling at Marriott International
In related news, EVP Peggy Roe sold 3,000 shares of the business’s stock in a transaction 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 sale, the executive vice president directly owned 19,827 shares in the company, valued at approximately $7,168,650.12. The trade was a 13.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 11.43% of the company’s stock.
Marriott International Stock Performance
Shares of Marriott International stock opened at $396.20 on Friday. The stock has a market capitalization of $104.47 billion, a P/E ratio of 41.57, a P/E/G ratio of 3.15 and a beta of 1.10. Marriott International, Inc. has a 52-week low of $253.76 and a 52-week high of $410.98. The stock’s 50-day simple moving average is $371.76 and its 200 day simple moving average is $340.33.
Marriott International (NASDAQ:MAR – Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.56 by $0.16. The firm had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $6.59 billion. Marriott International had a net margin of 9.72% and a negative return on equity of 80.97%. The company’s revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the company earned $2.32 earnings per share. 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 research analysts forecast that Marriott International, Inc. will post 11.64 EPS for the current fiscal year.
Marriott International Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd will be given a dividend of $0.73 per share. This is an increase from Marriott International’s previous quarterly dividend of $0.67. This represents a $2.92 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Friday, May 22nd. Marriott International’s dividend payout ratio (DPR) is currently 30.64%.
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.
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