Cibc World Market Inc. Purchases 24,175 Shares of Marriott International, Inc. $MAR

Cibc World Market Inc. raised its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 171.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 38,246 shares of the company’s stock after acquiring an additional 24,175 shares during the quarter. Cibc World Market Inc.’s holdings in Marriott International were worth $11,865,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Basepoint Wealth LLC bought a new position in Marriott International during the fourth quarter valued at $28,000. Godfrey Financial Associates Inc. bought a new position in Marriott International during the fourth quarter valued at $31,000. Rachor Investment Advisory Services LLC bought a new position in Marriott International during the fourth quarter valued at $32,000. Triumph Capital Management bought a new position in Marriott International during the third quarter valued at $28,000. Finally, Darwin Wealth Management LLC bought a new position in shares of Marriott International in the second quarter worth $37,000. 70.70% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Marriott International news, EVP Peggy Roe sold 3,000 shares of the firm’s 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 sale, the executive vice president owned 19,827 shares in the company, valued at $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 SEC, which is available at this hyperlink. 11.43% of the stock is owned by insiders.

Marriott International Stock Performance

Shares of MAR stock opened at $392.51 on Friday. Marriott International, Inc. has a 52-week low of $253.55 and a 52-week high of $396.65. The company has a market capitalization of $103.50 billion, a PE ratio of 41.19, a price-to-earnings-growth ratio of 3.12 and a beta of 1.10. The business’s fifty day moving average is $358.69 and its 200 day moving average is $333.23.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results 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 negative return on equity of 80.97% and a net margin of 9.72%.The business had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $6.59 billion. During the same quarter last year, the business posted $2.32 earnings per share. The company’s revenue for the quarter 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. On average, sell-side analysts forecast that Marriott International, Inc. will post 11.64 EPS for the current fiscal year.

Marriott International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd will be given a dividend of $0.73 per share. The ex-dividend date is Friday, May 22nd. This is a positive change from Marriott International’s previous quarterly dividend of $0.67. This represents a $2.92 dividend on an annualized basis and a yield of 0.7%. Marriott International’s dividend payout ratio (DPR) is 30.64%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Marriott International in a report on Monday, May 11th. Jefferies Financial Group raised their price target on Marriott International from $357.00 to $415.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Sanford C. Bernstein raised their price target on Marriott International from $400.00 to $402.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Morgan Stanley raised their price target on Marriott International from $350.00 to $353.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. Finally, The Goldman Sachs Group raised their price target on Marriott International from $355.00 to $398.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Eight research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $382.07.

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.