Dai ichi Life Insurance Company Ltd Boosts Stake in Marriott International, Inc. $MAR

Dai ichi Life Insurance Company Ltd lifted its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 37.7% in the first quarter, HoldingsChannel.com reports. The firm owned 12,686 shares of the company’s stock after acquiring an additional 3,476 shares during the quarter. Dai ichi Life Insurance Company Ltd’s holdings in Marriott International were worth $4,149,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of MAR. Brighton Jones LLC lifted its stake in Marriott International by 2.5% during the fourth quarter. Brighton Jones LLC now owns 8,887 shares of the company’s stock worth $2,479,000 after purchasing an additional 218 shares in the last quarter. Empowered Funds LLC grew its stake in shares of Marriott International by 39.1% in the first quarter. Empowered Funds LLC now owns 5,805 shares of the company’s stock valued at $1,383,000 after buying an additional 1,631 shares in the last quarter. Woodline Partners LP raised its holdings in shares of Marriott International by 39.6% in the 1st quarter. Woodline Partners LP now owns 19,332 shares of the company’s stock valued at $4,605,000 after buying an additional 5,480 shares during the period. Intech Investment Management LLC boosted its holdings in Marriott International by 21.8% during the 1st quarter. Intech Investment Management LLC now owns 6,035 shares of the company’s stock valued at $1,438,000 after acquiring an additional 1,079 shares during the period. Finally, Sei Investments Co. grew its position in Marriott International by 3.8% in the 2nd quarter. Sei Investments Co. now owns 137,329 shares of the company’s stock valued at $37,520,000 after acquiring an additional 5,007 shares in the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

More Marriott International News

Here are the key news stories impacting Marriott International this week:

• Positive Sentiment: Marriott signed a dual agreement with Catalonia Hotels & Resorts to add all-inclusive properties in Jamaica and Tanzania, expanding its global all-inclusive portfolio and deepening its presence in popular leisure markets. Marriott International Signs Dual Agreement with Catalonia Hotels & Resorts to Bring All-Inclusive Properties to Jamaica and Tanzania
• Positive Sentiment: Additional coverage highlighted Marriott’s expanding all-inclusive footprint in Jamaica and Zanzibar, reinforcing the company’s growth strategy in resort travel. Marriott Expands All-Inclusive Footprint with New Properties in Jamaica, Zanzibar
• Positive Sentiment: Analyst commentary turned more upbeat, with TD Cowen raising its price target to $420 and other firms citing upside potential for MAR. TD Cowen Raises Marriott International (NASDAQ:MAR) Price Target to $420.00
• Positive Sentiment: Marriott also announced new consumer-facing promotions, including a wedding campaign in the Philippines and an expanded holiday “ice” attraction, which can support brand engagement and ancillary demand. ‘Where Love Takes You’: Marriott International PH launches first wedding campaign

Wall Street Analyst Weigh In

MAR has been the topic of several research reports. TD Cowen increased their price target on shares of Marriott International from $410.00 to $420.00 and gave the stock a “buy” rating in a research report on Tuesday, July 21st. Mizuho lifted their price objective on shares of Marriott International from $343.00 to $384.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Susquehanna increased their target price on shares of Marriott International from $280.00 to $385.00 and gave the stock a “neutral” rating in a report on Thursday, April 23rd. Morgan Stanley boosted their price target on shares of Marriott International from $353.00 to $380.00 and gave the stock an “overweight” rating in a research note on Friday, July 17th. Finally, UBS Group increased their price objective on Marriott International from $336.00 to $412.00 and gave the company a “neutral” rating in a research note on Monday, June 15th. Nine investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, Marriott International 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 Marriott International 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 completion of the sale, the executive vice president directly owned 19,827 shares of the company’s stock, valued at $7,168,650.12. The trade was a 13.14% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 11.43% of the stock is currently owned by corporate insiders.

Marriott International Stock Up 2.7%

Shares of NASDAQ:MAR opened at $374.43 on Friday. Marriott International, Inc. has a fifty-two week low of $253.76 and a fifty-two week high of $410.98. The firm’s 50 day moving average price is $378.14 and its 200 day moving average price is $352.16. The stock has a market cap of $98.73 billion, a price-to-earnings ratio of 39.29, a price-to-earnings-growth ratio of 2.93 and a beta of 1.11.

Marriott International (NASDAQ:MAR) last posted its quarterly 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 net margin of 9.72% and a negative return on equity of 80.97%. The company had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $6.59 billion. During the same quarter in the previous year, the business posted $2.32 EPS. 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, equities 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 was paid on Tuesday, June 30th. Investors of record on Friday, May 22nd were issued a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 0.8%. This is a boost from Marriott International’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Friday, May 22nd. Marriott International’s dividend payout ratio is currently 30.64%.

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.