Mediolanum International Funds Ltd Sells 24,072 Shares of Marriott International, Inc. $MAR

Mediolanum International Funds Ltd reduced its holdings in Marriott International, Inc. (NASDAQ:MAR) by 43.9% during the first quarter, Holdings Channel.com reports. The fund owned 30,743 shares of the company’s stock after selling 24,072 shares during the quarter. Mediolanum International Funds Ltd’s holdings in Marriott International were worth $9,817,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of MAR. FMB Wealth Management purchased a new position in Marriott International in the fourth quarter worth $1,762,000. Norges Bank bought a new stake in Marriott International during the fourth quarter worth about $812,570,000. World Investment Advisors boosted its holdings in shares of Marriott International by 130.8% in the 4th quarter. World Investment Advisors now owns 16,014 shares of the company’s stock worth $4,968,000 after purchasing an additional 9,075 shares in the last quarter. Jefferies Financial Group Inc. increased its position in shares of Marriott International by 183.7% during the 4th quarter. Jefferies Financial Group Inc. now owns 56,180 shares of the company’s stock valued at $17,429,000 after purchasing an additional 36,380 shares during the last quarter. Finally, Caprock Group LLC raised its holdings in shares of Marriott International by 21.9% during the 4th quarter. Caprock Group LLC now owns 16,806 shares of the company’s stock valued at $5,214,000 after buying an additional 3,023 shares in the last quarter. Institutional investors own 70.70% of the company’s stock.

Marriott International Price Performance

MAR opened at $366.24 on Monday. The stock’s 50 day simple moving average is $376.48 and its 200 day simple moving average is $350.45. The firm has a market cap of $96.57 billion, a price-to-earnings ratio of 38.43, a PEG ratio of 2.91 and a beta of 1.11. Marriott International, Inc. has a 1 year low of $253.76 and a 1 year high of $410.98.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $2.72 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $6.59 billion. During the same quarter in the previous year, the company posted $2.32 earnings per share. The business’s 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. As a group, sell-side analysts anticipate that Marriott International, Inc. will post 11.64 EPS for the current year.

Marriott International Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd were given a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Friday, May 22nd. This is an increase from Marriott International’s previous quarterly dividend of $0.67. Marriott International’s dividend payout ratio is currently 30.64%.

Wall Street Analyst Weigh In

Several analysts have issued reports on MAR shares. Sanford C. Bernstein set a $412.00 target price on Marriott International in a research note on Monday, June 15th. Wells Fargo & Company boosted their price objective on shares of Marriott International from $446.00 to $449.00 and gave the stock an “overweight” rating in a report on Thursday. Susquehanna upped their price objective on shares of Marriott International from $280.00 to $385.00 and gave the company a “neutral” rating in a research note on Thursday, April 23rd. Morgan Stanley increased their target price on shares of Marriott International from $353.00 to $380.00 and gave the company an “overweight” rating in a report on Friday. Finally, UBS Group boosted their price target on shares of Marriott International from $336.00 to $412.00 and gave the stock a “neutral” rating in a research note on Monday, June 15th. Eight research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $385.38.

Insider Transactions at Marriott International

In other Marriott International news, EVP Peggy Roe sold 3,000 shares of the firm’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $361.56, for a total value of $1,084,680.00. Following the sale, the executive vice president owned 19,827 shares of the company’s stock, valued at $7,168,650.12. This trade represents a 13.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 11.43% of the stock is currently owned by company insiders.

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.