Marriott International, Inc. $MAR Shares Bought by QRG Capital Management Inc.

QRG Capital Management Inc. increased its position in Marriott International, Inc. (NASDAQ:MARFree Report) by 14.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 23,686 shares of the company’s stock after acquiring an additional 2,931 shares during the period. QRG Capital Management Inc.’s holdings in Marriott International were worth $7,348,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Riversedge Advisors LLC grew its stake in Marriott International by 3.0% in the 4th quarter. Riversedge Advisors LLC now owns 1,149 shares of the company’s stock worth $357,000 after acquiring an additional 33 shares during the period. Modera Wealth Management LLC boosted its holdings in shares of Marriott International by 0.7% during the fourth quarter. Modera Wealth Management LLC now owns 4,747 shares of the company’s stock worth $1,473,000 after purchasing an additional 33 shares during the last quarter. Catalyst Financial Partners LLC grew its position in shares of Marriott International by 3.3% in the third quarter. Catalyst Financial Partners LLC now owns 1,104 shares of the company’s stock valued at $288,000 after purchasing an additional 35 shares during the period. Pinnacle Wealth Management Advisory Group LLC increased its stake in Marriott International by 3.7% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 970 shares of the company’s stock valued at $301,000 after purchasing an additional 35 shares during the last quarter. Finally, Lazari Capital Management Inc. lifted its position in Marriott International by 1.6% during the third quarter. Lazari Capital Management Inc. now owns 2,356 shares of the company’s stock worth $614,000 after buying an additional 37 shares during the period. Hedge funds and other institutional investors own 70.70% of the company’s stock.

More Marriott International News

Here are the key news stories impacting Marriott International this week:

Analyst Ratings Changes

Several analysts have commented on MAR shares. Sanford C. Bernstein lifted their price target on Marriott International from $329.00 to $369.00 and gave the company an “outperform” rating in a report on Tuesday, January 6th. BMO Capital Markets raised shares of Marriott International from a “market perform” rating to an “outperform” rating and raised their target price for the stock from $285.00 to $370.00 in a research report on Friday, January 9th. Susquehanna upped their price target on shares of Marriott International from $280.00 to $385.00 and gave the stock a “neutral” rating in a research report on Thursday, April 23rd. Wells Fargo & Company increased their price target on shares of Marriott International from $353.00 to $403.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Marriott International in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, Marriott International presently has a consensus rating of “Moderate Buy” and a consensus target price of $357.27.

Read Our Latest Stock Report on MAR

Insider Transactions at Marriott International

In other Marriott International news, insider Rajeev Menon sold 3,492 shares of the firm’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $354.00, for a total value of $1,236,168.00. Following the transaction, the insider directly owned 6,000 shares of the company’s stock, valued at $2,124,000. This trade represents a 36.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Benjamin T. Breland sold 2,000 shares of the company’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $358.03, for a total value of $716,060.00. Following the completion of the sale, the executive vice president directly owned 26,399 shares of the company’s stock, valued at $9,451,633.97. The trade was a 7.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 95,540 shares of company stock worth $34,274,055 in the last quarter. 11.43% of the stock is owned by corporate insiders.

Marriott International Stock Performance

Shares of NASDAQ:MAR opened at $354.52 on Wednesday. The stock has a 50-day simple moving average of $341.55 and a 200-day simple moving average of $318.51. The stock has a market capitalization of $93.92 billion, a P/E ratio of 37.36, a PEG ratio of 2.91 and a beta of 1.11. Marriott International, Inc. has a 1 year low of $250.01 and a 1 year high of $380.00.

Marriott International (NASDAQ:MARGet Free Report) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $2.58 EPS for the quarter, missing the consensus estimate of $2.61 by ($0.03). Marriott International had a net margin of 9.93% and a negative return on equity of 84.23%. The business had revenue of $6.69 billion during the quarter, compared to analysts’ expectations of $6.67 billion. During the same quarter in the previous year, the business posted $2.45 EPS. The company’s quarterly revenue was up 4.1% on a year-over-year basis. Marriott International has set its FY 2026 guidance at 11.320-11.570 EPS and its Q1 2026 guidance at 2.500-2.550 EPS. Analysts predict that Marriott International, Inc. will post 11.66 earnings per share for the current year.

Marriott International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, February 26th were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Thursday, February 26th. Marriott International’s dividend payout ratio is 28.24%.

About Marriott International

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding MAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marriott International, Inc. (NASDAQ:MARFree Report).

Institutional Ownership by Quarter for Marriott International (NASDAQ:MAR)

Receive News & Ratings for Marriott International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marriott International and related companies with MarketBeat.com's FREE daily email newsletter.