OP Asset Management Ltd Makes New $7.64 Million Investment in Marriott International, Inc. $MAR

OP Asset Management Ltd acquired a new stake in shares of Marriott International, Inc. (NASDAQ:MAR) during the first quarter, Holdings Channel reports. The fund acquired 23,355 shares of the company’s stock, valued at approximately $7,639,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of MAR. Kemnay Advisory Services Inc. purchased a new stake in Marriott International during the 4th quarter valued at about $27,000. McMillan Office Inc. bought a new stake in Marriott International in the fourth quarter valued at approximately $27,000. Triumph Capital Management purchased a new stake in shares of Marriott International during the third quarter valued at approximately $28,000. Basepoint Wealth LLC bought a new position in shares of Marriott International in the fourth quarter worth approximately $28,000. Finally, Godfrey Financial Associates Inc. purchased a new position in shares of Marriott International in the fourth quarter worth $31,000. Institutional investors own 70.70% of the company’s stock.

Insider Buying and Selling at Marriott International

In related news, EVP Peggy Roe sold 3,000 shares of the company’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $361.56, for a total value of $1,084,680.00. Following the sale, the executive vice president directly owned 19,827 shares of the company’s stock, valued at $7,168,650.12. This represents a 13.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 11.43% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Sanford C. Bernstein set a $412.00 price target on shares of Marriott International in a research report on Monday, June 15th. 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. UBS Group raised their target price on Marriott International from $336.00 to $412.00 and gave the stock a “neutral” rating in a research note on Monday, June 15th. Wells Fargo & Company upped their price target on Marriott International to $446.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Finally, Truist Financial increased their price objective on Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a report on Tuesday, May 26th. Eight analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $384.73.

Marriott International Trading Down 1.2%

NASDAQ:MAR opened at $378.91 on Friday. The company has a 50-day moving average price of $373.76 and a 200-day moving average price of $342.94. The stock has a market cap of $99.91 billion, a price-to-earnings ratio of 39.76, a P/E/G ratio of 3.05 and a beta of 1.10. Marriott International, Inc. has a 12 month low of $253.76 and a 12 month high of $410.98.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $6.59 billion. During the same period in the prior year, the firm earned $2.32 earnings per share. Marriott International’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. Equities analysts forecast that Marriott International, Inc. will post 11.64 EPS for the current fiscal year.

Marriott International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd will be paid a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, May 22nd. This is a boost from Marriott International’s previous quarterly dividend of $0.67. Marriott International’s dividend payout ratio (DPR) is 30.64%.

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.