Fideuram Asset Management Ireland dac Acquires Shares of 3,235 Marriott International, Inc. $MAR

Fideuram Asset Management Ireland dac bought a new stake in Marriott International, Inc. (NASDAQ:MARFree Report) in the fourth quarter, HoldingsChannel.com reports. The fund bought 3,235 shares of the company’s stock, valued at approximately $1,004,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of MAR. Wellington Management Group LLP grew its holdings in shares of Marriott International by 21.7% in 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 purchasing an additional 1,637,119 shares in the last quarter. Amundi grew its holdings in shares of Marriott International by 52.0% in the third quarter. Amundi now owns 741,408 shares of the company’s stock valued at $201,618,000 after purchasing an additional 253,696 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Marriott International by 1.1% in the third quarter. Vanguard Group Inc. now owns 20,774,015 shares of the company’s stock valued at $5,410,384,000 after purchasing an additional 230,820 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of Marriott International by 26.2% in the third quarter. Arrowstreet Capital Limited Partnership now owns 846,740 shares of the company’s stock valued at $220,525,000 after purchasing an additional 175,637 shares in the last quarter. Finally, Franklin Resources Inc. grew its holdings in shares of Marriott International by 516.8% in the third quarter. Franklin Resources Inc. now owns 208,990 shares of the company’s stock valued at $54,429,000 after purchasing an additional 175,108 shares in the last quarter. 70.70% of the stock is owned by hedge funds and other 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 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 completion of the sale, the executive vice president directly owned 19,827 shares in the company, valued at approximately $7,168,650.12. This trade represents a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 11.43% of the company’s stock.

Wall Street Analyst Weigh In

MAR has been the subject of a number of recent research reports. Robert W. Baird cut their target price on shares of Marriott International from $388.00 to $386.00 and set a “neutral” rating for the company in a report on Thursday, May 7th. Susquehanna raised their target price on shares of Marriott International from $280.00 to $385.00 and gave the company a “neutral” rating in a report on Thursday, April 23rd. Barclays raised their target price on shares of Marriott International from $372.00 to $376.00 and gave the company an “equal weight” rating in a report on Thursday, May 7th. Jefferies Financial Group lifted their price objective on shares of Marriott International from $357.00 to $415.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Finally, Wells Fargo & Company lifted their price objective on shares of Marriott International to $446.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Eight equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $382.07.

Get Our Latest Report on Marriott International

Marriott International Stock Down 2.6%

NASDAQ MAR opened at $375.60 on Friday. The company has a fifty day moving average of $353.03 and a two-hundred day moving average of $330.03. The firm has a market capitalization of $99.04 billion, a price-to-earnings ratio of 39.41, a PEG ratio of 2.98 and a beta of 1.11. Marriott International, Inc. has a 52 week low of $253.55 and a 52 week high of $388.37.

Marriott International (NASDAQ:MARGet Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $2.72 EPS for the quarter, topping the consensus estimate of $2.56 by $0.16. The company had revenue of $1.81 billion during the quarter, compared to analyst estimates of $6.59 billion. Marriott International had a net margin of 9.72% and a negative return on equity of 80.97%. Marriott International’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $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. Equities research analysts anticipate that Marriott International, Inc. will post 11.66 EPS for the current year.

Marriott International Increases Dividend

The firm 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 dividend of $0.73 per share. This represents a $2.92 annualized dividend and a dividend yield of 0.8%. This is a positive change from Marriott International’s previous quarterly dividend of $0.67. The ex-dividend date is Friday, May 22nd. Marriott International’s dividend payout ratio is 30.64%.

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.

See Also

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)

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