Marriott International, Inc. $MAR Shares Purchased by Concord Investment Counsel Inc.

Concord Investment Counsel Inc. raised its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 29.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,785 shares of the company’s stock after buying an additional 6,348 shares during the period. Marriott International makes up 2.8% of Concord Investment Counsel Inc.’s portfolio, making the stock its 13th biggest position. Concord Investment Counsel Inc.’s holdings in Marriott International were worth $8,620,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Marriott International by 1.1% during the 3rd quarter. Vanguard Group Inc. now owns 20,774,015 shares of the company’s stock valued at $5,410,384,000 after purchasing an additional 230,820 shares in the last quarter. Wellington Management Group LLP boosted its position in shares of Marriott International by 21.7% during the 3rd quarter. Wellington Management Group LLP now owns 9,175,377 shares of the company’s stock valued at $2,389,635,000 after purchasing an additional 1,637,119 shares in the last quarter. Legal & General Group Plc boosted its position in shares of Marriott International by 9.3% during the 3rd quarter. Legal & General Group Plc now owns 1,465,420 shares of the company’s stock valued at $381,654,000 after purchasing an additional 124,759 shares in the last quarter. Fayez Sarofim & Co boosted its position in shares of Marriott International by 0.5% during the 3rd quarter. Fayez Sarofim & Co now owns 971,981 shares of the company’s stock valued at $256,359,000 after purchasing an additional 4,534 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of Marriott International by 26.2% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 846,740 shares of the company’s stock valued at $220,525,000 after purchasing an additional 175,637 shares in the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

Marriott International Price Performance

Shares of MAR opened at $385.76 on Friday. Marriott International, Inc. has a one year low of $253.55 and a one year high of $388.37. The company has a 50-day moving average of $351.97 and a two-hundred day moving average of $329.71. The stock has a market cap of $101.72 billion, a price-to-earnings ratio of 40.48, a PEG ratio of 3.07 and a beta of 1.11.

Marriott International (NASDAQ:MAR) last announced 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 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 period last year, the company posted $2.32 earnings per share. The business’s revenue for the quarter 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. Analysts anticipate that Marriott International, Inc. will post 11.66 earnings per share for the current year.

Marriott International Increases Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Truist Financial raised their price objective on shares of Marriott International from $350.00 to $356.00 and gave the company a “hold” rating in a research report on Tuesday. Jefferies Financial Group raised their price objective on shares of Marriott International from $357.00 to $415.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. The Goldman Sachs Group raised their price objective on shares of Marriott International from $355.00 to $398.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Sanford C. Bernstein raised their target price on shares of Marriott International from $400.00 to $402.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Finally, Morgan Stanley raised their target price on shares of Marriott International from $350.00 to $353.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. Eight analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $382.07.

Insider Activity at Marriott International

In related news, EVP Peggy Roe sold 3,000 shares of the firm’s stock in a transaction that occurred on 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 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 the SEC website. Corporate insiders own 11.43% of the company’s stock.

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.