Vise Technologies Inc. grew its stake in shares of Marriott International, Inc. (NASDAQ:MAR – Free Report) by 62.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 4,978 shares of the company’s stock after acquiring an additional 1,910 shares during the period. Vise Technologies Inc.’s holdings in Marriott International were worth $1,544,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of MAR. Norges Bank bought a new position in shares of Marriott International during the fourth quarter valued at $812,570,000. Wellington Management Group LLP increased its holdings in shares of Marriott International by 21.7% during the third quarter. Wellington Management Group LLP now owns 9,175,377 shares of the company’s stock valued at $2,389,635,000 after acquiring an additional 1,637,119 shares in the last quarter. Amundi increased its holdings in shares of Marriott International by 52.0% during the third quarter. Amundi now owns 741,408 shares of the company’s stock valued at $201,618,000 after acquiring an additional 253,696 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Marriott International by 1.1% during the third quarter. Vanguard Group Inc. now owns 20,774,015 shares of the company’s stock valued at $5,410,384,000 after acquiring an additional 230,820 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Marriott International by 26.2% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 846,740 shares of the company’s stock worth $220,525,000 after buying an additional 175,637 shares in the last quarter. 70.70% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Marriott International
In other 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 transaction, the executive vice president directly owned 19,827 shares of the company’s stock, valued at $7,168,650.12. The trade was a 13.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 11.43% of the stock is currently owned by insiders.
Marriott International Stock Performance
Marriott International (NASDAQ:MAR – Get Free Report) last announced its earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.56 by $0.16. The business had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $6.59 billion. Marriott International had a negative return on equity of 80.97% and a net margin of 9.72%.The business’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same period last year, the firm posted $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. As a group, equities analysts forecast that Marriott International, Inc. will post 11.64 earnings per share for the current fiscal year.
Marriott International Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd will be given 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 of this dividend is Friday, May 22nd. This is an increase from Marriott International’s previous quarterly dividend of $0.67. Marriott International’s payout ratio is presently 30.64%.
Wall Street Analysts Forecast Growth
MAR has been the subject of several research analyst reports. Mizuho lifted their price objective on Marriott International from $343.00 to $384.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Barclays lifted their price objective on Marriott International from $372.00 to $376.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. Truist Financial lifted their price objective on Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a report on Tuesday, May 26th. The Goldman Sachs Group lifted their price objective on Marriott International from $355.00 to $398.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Finally, Morgan Stanley lifted their price objective on Marriott International from $350.00 to $353.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. Eight equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, Marriott International currently has an average rating of “Moderate Buy” and a consensus price target of $382.07.
Get Our Latest Report on Marriott International
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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