Marriott International, Inc. $MAR Shares Sold by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA trimmed its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 11.2% during the first quarter, Holdings Channel.com reports. The firm owned 457,079 shares of the company’s stock after selling 57,794 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Marriott International were worth $149,496,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of MAR. Kemnay Advisory Services Inc. acquired a new position in Marriott International during the 4th quarter valued at about $27,000. McMillan Office Inc. bought a new position in shares of Marriott International in the fourth quarter valued at approximately $27,000. Triumph Capital Management acquired a new position in shares of Marriott International during the third quarter valued at approximately $28,000. Basepoint Wealth LLC bought a new stake in Marriott International during the fourth quarter worth approximately $28,000. Finally, Godfrey Financial Associates Inc. acquired a new stake in Marriott International in the fourth quarter worth approximately $31,000. Institutional investors and hedge funds own 70.70% of the company’s stock.

Marriott International Price Performance

MAR opened at $377.31 on Monday. The firm has a market cap of $99.49 billion, a PE ratio of 39.59, a P/E/G ratio of 3.00 and a beta of 1.10. The business has a fifty day simple moving average of $374.03 and a 200-day simple moving average of $343.57. Marriott International, Inc. has a fifty-two week low of $253.76 and a fifty-two week high of $410.98.

Marriott International (NASDAQ:MAR) last announced 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 negative return on equity of 80.97% and a net margin of 9.72%.The company had revenue of $1.81 billion for the quarter, compared to analyst estimates of $6.59 billion. During the same period in the previous year, the firm earned $2.32 earnings per share. Marriott International’s revenue for the quarter 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. On average, equities research analysts anticipate that Marriott International, Inc. will post 11.64 EPS for the current fiscal year.

Marriott International Increases Dividend

The company 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 is a boost from Marriott International’s previous quarterly dividend of $0.67. This represents a $2.92 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, May 22nd. Marriott International’s payout ratio is currently 30.64%.

Insider Activity at Marriott International

In other news, EVP Peggy Roe sold 3,000 shares of Marriott International stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $361.56, for a total value of $1,084,680.00. Following the transaction, the executive vice president directly owned 19,827 shares of the company’s stock, valued at $7,168,650.12. This trade represents a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 11.43% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on MAR shares. Mizuho lifted their price target on Marriott International from $343.00 to $384.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Wells Fargo & Company raised their target price on Marriott International to $446.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. JPMorgan Chase & Co. lifted their target price on Marriott International from $356.00 to $383.00 and gave the stock a “neutral” rating in a report on Tuesday, April 21st. Susquehanna upped their price target on shares of Marriott International from $280.00 to $385.00 and gave the company a “neutral” rating in a report on Thursday, April 23rd. Finally, Sanford C. Bernstein set a $412.00 price objective on shares of Marriott International in a research report on Monday, June 15th. Eight investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, Marriott International has a consensus rating of “Moderate Buy” and an average price target of $384.73.

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.