2,600 Shares in Marriott International, Inc. $MAR Purchased by Genus Capital Management Inc.

Genus Capital Management Inc. bought a new position in shares of Marriott International, Inc. (NASDAQ:MAR) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 2,600 shares of the company’s stock, valued at approximately $807,000.

Several other institutional investors and hedge funds have also bought and sold shares of MAR. National Pension Service raised its stake in Marriott International by 1.6% in the third quarter. National Pension Service now owns 603,431 shares of the company’s stock valued at $157,158,000 after buying an additional 9,530 shares during the period. Legal & General Group Plc raised its stake in Marriott International by 9.3% in the third quarter. Legal & General Group Plc now owns 1,465,420 shares of the company’s stock valued at $381,654,000 after buying an additional 124,759 shares during the period. AustralianSuper Pty Ltd bought a new stake in Marriott International in the third quarter valued at approximately $858,000. Lansforsakringar Fondforvaltning AB publ raised its stake in Marriott International by 5.8% in the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 73,759 shares of the company’s stock valued at $19,210,000 after buying an additional 4,067 shares during the period. Finally, Natixis Advisors LLC raised its stake in Marriott International by 12.0% in the third quarter. Natixis Advisors LLC now owns 386,638 shares of the company’s stock valued at $100,696,000 after buying an additional 41,547 shares during the period. Institutional investors own 70.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on MAR shares. JPMorgan Chase & Co. upped their price objective on Marriott International from $356.00 to $383.00 and gave the company a “neutral” rating in a research note on Tuesday, April 21st. Susquehanna upped their price objective on Marriott International from $280.00 to $385.00 and gave the company a “neutral” rating in a research note on Thursday, April 23rd. Mizuho upped their price objective on Marriott International from $343.00 to $384.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Truist Financial upped their price objective on Marriott International from $283.00 to $350.00 and gave the company a “hold” rating in a research note on Wednesday, February 11th. Finally, Sanford C. Bernstein upped their price objective on Marriott International from $400.00 to $402.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Eight investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $381.64.

Insider Activity at Marriott International

In related news, EVP Peggy Roe sold 3,000 shares of the 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 sale, the executive vice president owned 19,827 shares of the company’s stock, valued at $7,168,650.12. This represents a 13.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 11.43% of the company’s stock.

Marriott International Stock Performance

Marriott International stock opened at $369.15 on Tuesday. Marriott International, Inc. has a 12 month low of $253.55 and a 12 month high of $380.00. The stock’s 50 day moving average is $348.32 and its 200-day moving average is $327.66. The company has a market capitalization of $97.34 billion, a price-to-earnings ratio of 38.74, a PEG ratio of 2.93 and a beta of 1.11.

Marriott International (NASDAQ:MAR) last posted its earnings results on Wednesday, May 6th. The company reported $2.72 EPS for the quarter, beating the consensus estimate 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 the consensus estimate of $6.59 billion. During the same quarter in the prior year, the business earned $2.32 earnings per share. The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. 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, equities research analysts predict that Marriott International, Inc. will post 11.66 earnings per share for the current fiscal year.

Marriott International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd will be given a $0.73 dividend. The ex-dividend date of this dividend is 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 28.12%.

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.