California State Teachers Retirement System Has $86.41 Million Position in Marriott International, Inc. $MAR

California State Teachers Retirement System decreased its stake in Marriott International, Inc. (NASDAQ:MAR) by 3.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 264,186 shares of the company’s stock after selling 10,252 shares during the period. California State Teachers Retirement System’s holdings in Marriott International were worth $86,407,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Norges Bank acquired a new stake in shares of Marriott International during the 4th quarter valued at $812,570,000. Diamant Asset Management Inc. raised its holdings in Marriott International by 32,607.0% in the 1st quarter. Diamant Asset Management Inc. now owns 490,605 shares of the company’s stock valued at $16,046,000 after buying an additional 489,105 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Marriott International by 37.9% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,363,845 shares of the company’s stock worth $423,119,000 after buying an additional 374,497 shares during the period. Capital International Investors grew its holdings in Marriott International by 7.1% during the 4th quarter. Capital International Investors now owns 4,107,531 shares of the company’s stock worth $1,274,475,000 after acquiring an additional 272,250 shares during the last quarter. Finally, Amundi increased its position in Marriott International by 52.0% in the 3rd quarter. Amundi now owns 741,408 shares of the company’s stock valued at $201,618,000 after acquiring an additional 253,696 shares during the period. Institutional investors own 70.70% of the company’s stock.

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 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 SEC, which can be accessed through this hyperlink. 11.43% of the stock is currently owned by corporate insiders.

Marriott International Trading Down 0.6%

MAR stock opened at $381.12 on Thursday. The firm has a market cap of $100.50 billion, a PE ratio of 39.99, a price-to-earnings-growth ratio of 3.00 and a beta of 1.11. The stock has a 50-day moving average price of $379.35 and a 200-day moving average price of $353.73. Marriott International, Inc. has a 1-year low of $253.76 and a 1-year high of $410.98.

Marriott International (NASDAQ:MAR) last released its earnings results on Wednesday, May 6th. The company reported $2.72 EPS for the quarter, topping 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 business had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $6.59 billion. During the same quarter last year, the firm posted $2.32 earnings per share. The firm’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. On average, analysts forecast that Marriott International, Inc. will post 11.66 earnings per share for the current year.

Marriott International Increases Dividend

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

Analyst Ratings Changes

MAR has been the topic of a number of recent research reports. Wells Fargo & Company lifted their price target on shares of Marriott International from $446.00 to $449.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Susquehanna raised their target price on Marriott International from $280.00 to $385.00 and gave the stock a “neutral” rating in a research report on Thursday, April 23rd. Truist Financial lifted their target price on Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a report on Tuesday, May 26th. Robert W. Baird decreased their price target on Marriott International from $388.00 to $386.00 and set a “neutral” rating for the company in a research note on Thursday, May 7th. Finally, Stifel Nicolaus lifted their price objective on Marriott International from $352.00 to $365.00 and gave the stock a “hold” rating in a research note on Friday, July 17th. Nine investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, Marriott International presently has an average rating of “Moderate Buy” and a consensus target price of $388.59.

Marriott International 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.