PensionDanmark Pensionsforsikringsaktieselskab Increases Stock Holdings in Marriott International, Inc. $MAR

PensionDanmark Pensionsforsikringsaktieselskab boosted its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 18.8% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 44,913 shares of the company’s stock after buying an additional 7,111 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Marriott International were worth $16,644,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Norges Bank bought a new position in Marriott International in the 4th quarter valued at $812,570,000. World Investment Advisors lifted its position in shares of Marriott International by 130.8% during the fourth 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 during the last quarter. Jefferies Financial Group Inc. boosted its stake in shares of Marriott International by 183.7% during the fourth 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 period. Caprock Group LLC grew its holdings in shares of Marriott International by 21.9% in the fourth quarter. Caprock Group LLC now owns 16,806 shares of the company’s stock worth $5,214,000 after purchasing an additional 3,023 shares during the last quarter. Finally, Hsbc Holdings PLC increased its stake in Marriott International by 62.7% in the 4th quarter. Hsbc Holdings PLC now owns 640,350 shares of the company’s stock worth $199,069,000 after buying an additional 246,681 shares during the period. 70.70% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have issued reports on MAR shares. Robert W. Baird lowered their price objective on shares of Marriott International from $394.00 to $393.00 and set a “neutral” rating for the company in a research report on Tuesday. TD Cowen increased their price objective on Marriott International from $410.00 to $420.00 and gave the stock a “buy” rating in a research note on Tuesday, July 21st. Truist Financial upped 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. Stifel Nicolaus increased their price target on Marriott International from $352.00 to $365.00 and gave the stock a “hold” rating in a research report on Friday, July 17th. Finally, Wells Fargo & Company decreased their price objective on Marriott International from $449.00 to $425.00 and set an “overweight” rating for the company in a report on Tuesday. Nine equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $386.65.

Insider Activity at Marriott International

In other Marriott International news, EVP Peggy Roe sold 3,000 shares of the stock in a transaction dated Monday, May 18th. The shares were 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 approximately $7,168,650.12. This represents a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 11.43% of the company’s stock.

Marriott International Stock Down 1.6%

Shares of NASDAQ:MAR opened at $353.91 on Friday. The firm has a 50 day moving average of $377.05 and a 200 day moving average of $355.24. The company has a market capitalization of $92.29 billion, a price-to-earnings ratio of 36.67, a price-to-earnings-growth ratio of 2.79 and a beta of 1.10. Marriott International, Inc. has a 52 week low of $256.49 and a 52 week high of $410.98.

Marriott International (NASDAQ:MAR) last announced its earnings results on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.08 by $0.11. The business had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $7.19 billion. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.The business’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter last year, the firm earned $2.65 EPS. Marriott International has set its FY 2026 guidance at 11.640-11.810 EPS and its Q3 2026 guidance at 2.740-2.820 EPS. On average, sell-side analysts expect that Marriott International, Inc. will post 11.7 EPS for the current year.

Marriott International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, August 20th will be paid a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, August 20th. Marriott International’s payout ratio is 30.26%.

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.