Marriott International, Inc. $MAR Stake Boosted by Korea Investment CORP

Korea Investment CORP raised its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 3.5% in the 3rd quarter, Holdings Channel reports. The firm owned 129,141 shares of the company’s stock after purchasing an additional 4,316 shares during the quarter. Korea Investment CORP’s holdings in Marriott International were worth $33,633,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Marriott International by 1.1% in the 3rd quarter. Vanguard Group Inc. now owns 20,774,015 shares of the company’s stock valued at $5,410,384,000 after buying an additional 230,820 shares during the period. State Street Corp lifted its holdings in Marriott International by 1.2% in the second quarter. State Street Corp now owns 9,488,566 shares of the company’s stock worth $2,592,371,000 after acquiring an additional 114,973 shares during the last quarter. Geode Capital Management LLC boosted its stake in Marriott International by 2.0% in the second quarter. Geode Capital Management LLC now owns 5,223,539 shares of the company’s stock valued at $1,420,308,000 after acquiring an additional 102,798 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in shares of Marriott International by 7.2% during the third quarter. Massachusetts Financial Services Co. MA now owns 4,921,767 shares of the company’s stock valued at $1,281,825,000 after purchasing an additional 330,952 shares during the last quarter. Finally, Invesco Ltd. raised its position in shares of Marriott International by 5.0% during the 2nd quarter. Invesco Ltd. now owns 4,330,656 shares of the company’s stock worth $1,183,178,000 after purchasing an additional 206,820 shares during the period. 70.70% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

MAR has been the subject of a number of analyst reports. Evercore boosted their price objective on Marriott International from $320.00 to $350.00 and gave the company an “outperform” rating in a research report on Thursday, January 22nd. Jefferies Financial Group raised their target price on Marriott International from $357.00 to $415.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Morgan Stanley upped their price target on shares of Marriott International from $296.00 to $328.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. The Goldman Sachs Group increased their price objective on shares of Marriott International from $355.00 to $398.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Finally, Wells Fargo & Company boosted their target price on shares of Marriott International from $353.00 to $403.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $343.27.

Insider Buying and Selling at Marriott International

In related news, CEO Anthony Capuano sold 63,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief executive officer owned 113,617 shares in the company, valued at $40,813,498.74. This trade represents a 35.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider William P. Brown sold 9,456 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $358.25, for a total value of $3,387,612.00. Following the completion of the sale, the insider owned 11,000 shares of the company’s stock, valued at $3,940,750. This trade represents a 46.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 97,157 shares of company stock valued at $34,768,825. 10.68% of the stock is currently owned by company insiders.

Marriott International Stock Performance

Shares of MAR stock opened at $328.86 on Tuesday. Marriott International, Inc. has a 1 year low of $205.40 and a 1 year high of $370.00. The firm has a market capitalization of $87.14 billion, a PE ratio of 34.65, a price-to-earnings-growth ratio of 2.86 and a beta of 1.09. The stock has a fifty day moving average of $330.23 and a two-hundred day moving average of $297.44.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $2.58 earnings per share for the quarter, missing analysts’ consensus estimates of $2.61 by ($0.03). The company had revenue of $6.69 billion for the quarter, compared to the consensus estimate of $6.67 billion. Marriott International had a net margin of 9.93% and a negative return on equity of 84.23%. Marriott International’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.45 earnings per share. 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. Equities research analysts predict that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, February 26th will be paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, February 26th. Marriott International’s dividend payout ratio is currently 28.24%.

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.