Renaissance Technologies LLC Has $35.39 Million Position in Marriott International, Inc. $MAR

Renaissance Technologies LLC increased its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 1,291.7% during the 1st quarter, HoldingsChannel reports. The firm owned 108,216 shares of the company’s stock after purchasing an additional 100,440 shares during the period. Renaissance Technologies LLC’s holdings in Marriott International were worth $35,394,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Wilkerson Advisory Group LLC raised its holdings in Marriott International by 127.0% during the 1st quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock worth $27,000 after buying an additional 47 shares during the period. Kemnay Advisory Services Inc. acquired a new position in shares of Marriott International in the fourth quarter valued at approximately $27,000. McMillan Office Inc. bought a new stake in shares of Marriott International during the fourth quarter worth $27,000. Basepoint Wealth LLC acquired a new stake in shares of Marriott International during the fourth quarter worth $28,000. Finally, Triumph Capital Management bought a new stake in Marriott International in the 3rd quarter valued at $28,000. 70.70% of the stock is owned by institutional investors.

Marriott International Trading Up 0.1%

Shares of MAR opened at $383.52 on Wednesday. The company has a market cap of $101.13 billion, a price-to-earnings ratio of 40.24, a PEG ratio of 3.00 and a beta of 1.11. The company’s fifty day simple moving average is $379.12 and its 200 day simple moving average is $353.34. 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 EPS for the quarter, beating analysts’ consensus estimates of $2.56 by $0.16. The company had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $6.59 billion. Marriott International had a net margin of 9.72% and a negative return on equity of 80.97%. The company’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the firm posted $2.32 EPS. 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, research analysts forecast that Marriott International, Inc. will post 11.66 earnings per share for the current year.

Marriott International Increases Dividend

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

Analyst Ratings Changes

A number of equities analysts have issued reports on MAR shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Marriott International in a report on Monday, May 11th. Mizuho upped their price objective on Marriott International from $343.00 to $384.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. JPMorgan Chase & Co. increased their price objective on Marriott International from $387.00 to $400.00 and gave the stock a “neutral” rating in a report on Tuesday, July 21st. Stifel Nicolaus boosted their target price on Marriott International from $352.00 to $365.00 and gave the company a “hold” rating in a research note on Friday, July 17th. Finally, UBS Group upped their price target on Marriott International from $336.00 to $412.00 and gave the stock a “neutral” rating in a research report on Monday, June 15th. Nine investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $388.59.

Insiders Place Their Bets

In other Marriott International news, EVP Peggy Roe sold 3,000 shares of the business’s stock in a transaction that occurred 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 transaction, the executive vice president owned 19,827 shares of the company’s stock, valued at $7,168,650.12. The trade was a 13.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 11.43% of the stock is currently owned by company insiders.

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.