Volterra Technologies LP Takes $893,000 Position in Marriott International, Inc. $MAR

Volterra Technologies LP purchased a new position in shares of Marriott International, Inc. (NASDAQ:MAR) in the 1st quarter, Holdings Channel reports. The institutional investor purchased 2,731 shares of the company’s stock, valued at approximately $893,000.

A number of other institutional investors also recently added to or reduced their stakes in MAR. Inceptionr LLC acquired a new position in Marriott International during the 1st quarter worth approximately $745,000. Gibbs Wealth Management purchased a new stake in shares of Marriott International in the first quarter valued at approximately $490,000. Lido Advisors LLC grew its holdings in Marriott International by 31.3% during the first quarter. Lido Advisors LLC now owns 17,033 shares of the company’s stock worth $5,571,000 after acquiring an additional 4,056 shares during the period. State of Wyoming raised its position in Marriott International by 731.8% in the first quarter. State of Wyoming now owns 732 shares of the company’s stock worth $239,000 after acquiring an additional 644 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in Marriott International by 4.6% in the first quarter. Cetera Investment Advisers now owns 98,168 shares of the company’s stock valued at $32,108,000 after acquiring an additional 4,316 shares during the period. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Marriott International Stock Down 1.4%

NASDAQ:MAR opened at $364.47 on Friday. Marriott International, Inc. has a 52-week low of $253.76 and a 52-week high of $410.98. The stock has a fifty day simple moving average of $377.72 and a 200-day simple moving average of $352.01. The company has a market capitalization of $96.11 billion, a PE ratio of 38.24, a price-to-earnings-growth ratio of 2.90 and a beta of 1.11.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $2.72 EPS for the quarter, beating 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 firm had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $6.59 billion. During the same period in the prior year, the company earned $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. As a group, equities analysts anticipate that Marriott International, Inc. will post 11.66 earnings per share for the current year.

Marriott International Increases Dividend

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

Insider Activity

In related news, EVP Peggy Roe sold 3,000 shares of the company’s stock in a transaction that occurred 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 owned 19,827 shares of the company’s stock, valued at approximately $7,168,650.12. This represents a 13.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 11.43% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on MAR shares. TD Cowen upped their price target on shares of Marriott International from $410.00 to $420.00 and gave the stock a “buy” rating in a research note on Tuesday. Robert W. Baird reduced their price objective on shares of Marriott International from $388.00 to $386.00 and set a “neutral” rating for the company in a research note on Thursday, May 7th. Sanford C. Bernstein set a $412.00 target price on shares of Marriott International in a research report on Monday, June 15th. Weiss Ratings reiterated a “buy (b)” rating on shares of Marriott International in a research report on Monday, May 11th. Finally, UBS Group boosted their price target on Marriott International from $336.00 to $412.00 and gave the stock a “neutral” rating in a research note on Monday, June 15th. Nine research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $388.59.

About Marriott International

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.