Marriott International, Inc. $MAR Shares Purchased by iA Global Asset Management Inc.

iA Global Asset Management Inc. grew its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 6.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,361 shares of the company’s stock after purchasing an additional 1,926 shares during the quarter. iA Global Asset Management Inc.’s holdings in Marriott International were worth $10,350,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Triumph Capital Management acquired a new stake in Marriott International during the third quarter worth approximately $28,000. Rachor Investment Advisory Services LLC acquired a new stake in Marriott International during the fourth quarter worth approximately $32,000. Darwin Wealth Management LLC acquired a new stake in Marriott International during the second quarter worth approximately $37,000. Root Financial Partners LLC acquired a new stake in Marriott International during the third quarter worth approximately $41,000. Finally, IAG Wealth Partners LLC raised its holdings in Marriott International by 468.8% during the third quarter. IAG Wealth Partners LLC now owns 182 shares of the company’s stock worth $47,000 after purchasing an additional 150 shares in the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

Analyst Ratings Changes

MAR has been the topic of a number of research analyst reports. Evercore raised their price objective on shares of Marriott International from $320.00 to $350.00 and gave the stock an “outperform” rating in a report on Thursday, January 22nd. Susquehanna raised their price objective on shares of Marriott International from $280.00 to $385.00 and gave the stock a “neutral” rating in a report on Thursday, April 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Marriott International in a report on Monday, May 11th. Mizuho lifted their target price on shares of Marriott International from $343.00 to $384.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Finally, Wells Fargo & Company lifted their target price on shares of Marriott International to $446.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Eight equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, Marriott International currently has an average rating of “Moderate Buy” and a consensus price target of $376.13.

Insider Transactions at Marriott International

In related news, insider Rajeev Menon sold 6,333 shares of Marriott International stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $356.61, for a total value of $2,258,411.13. Following the transaction, the insider directly owned 9,492 shares in the company, valued at $3,384,942.12. This trade represents a 40.02% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Anthony Capuano sold 63,000 shares of Marriott International stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $359.22, for a total transaction of $22,630,860.00. Following the completion of the transaction, the chief executive officer owned 113,617 shares in the company, valued at approximately $40,813,498.74. This trade represents a 35.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 93,028 shares of company stock worth $33,377,271 over the last quarter. 11.43% of the stock is currently owned by corporate insiders.

Marriott International Price Performance

Shares of Marriott International stock opened at $353.17 on Monday. The firm’s fifty day simple moving average is $343.48 and its 200-day simple moving average is $323.38. Marriott International, Inc. has a 12 month low of $253.55 and a 12 month high of $380.00. The stock has a market capitalization of $93.13 billion, a price-to-earnings ratio of 37.06, a PEG ratio of 2.81 and a beta of 1.11.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $2.72 earnings per share for the quarter, beating analysts’ consensus estimates of $2.56 by $0.16. Marriott International had a net margin of 9.72% and a negative return on equity of 80.97%. The firm had revenue of $1.81 billion for the quarter, compared to analyst estimates of $6.59 billion. During the same period last year, the firm posted $2.32 EPS. Marriott International’s quarterly revenue 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. Analysts anticipate that Marriott International, Inc. will post 11.65 earnings per share for the current year.

Marriott International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 22nd will be given a $0.73 dividend. This is a positive change from Marriott International’s previous quarterly dividend of $0.67. The ex-dividend date is Friday, May 22nd. This represents a $2.92 dividend on an annualized basis and a yield of 0.8%. Marriott International’s payout ratio is 30.64%.

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.