OMERS ADMINISTRATION Corp Raises Position in Marriott International, Inc. $MAR

OMERS ADMINISTRATION Corp boosted its position in Marriott International, Inc. (NASDAQ:MAR) by 27.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 11,333 shares of the company’s stock after purchasing an additional 2,438 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Marriott International were worth $3,707,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Invesco Ltd. raised its stake in shares of Marriott International by 2.7% in the fourth quarter. Invesco Ltd. now owns 4,440,359 shares of the company’s stock valued at $1,377,577,000 after buying an additional 118,504 shares during the period. Capital International Investors grew its stake in shares of Marriott International by 7.1% during the 4th quarter. Capital International Investors now owns 4,107,531 shares of the company’s stock worth $1,274,475,000 after acquiring an additional 272,250 shares during the period. Norges Bank purchased a new stake in Marriott International in the 4th quarter worth about $812,570,000. Price T Rowe Associates Inc. MD raised its stake in Marriott International by 13.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,879,028 shares of the company’s stock valued at $582,952,000 after acquiring an additional 219,579 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Marriott International by 1.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,619,423 shares of the company’s stock valued at $502,410,000 after purchasing an additional 19,387 shares during the last quarter. 70.70% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. TD Cowen lifted their target price on shares of Marriott International from $410.00 to $420.00 and gave the stock a “buy” rating in a research note on Tuesday, July 21st. Sanford C. Bernstein set a $412.00 price objective on shares of Marriott International in a report on Monday, June 15th. Truist Financial boosted their target price on shares of Marriott International from $350.00 to $356.00 and gave the company a “hold” rating in a report on Tuesday, May 26th. Robert W. Baird dropped their target price on Marriott International from $388.00 to $386.00 and set a “neutral” rating on the stock in a research report on Thursday, May 7th. Finally, JPMorgan Chase & Co. lifted their price target on Marriott International from $387.00 to $400.00 and gave the company a “neutral” rating in a research report on Tuesday, July 21st. Nine analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $388.59.

Marriott International Stock Up 2.3%

NASDAQ:MAR opened at $383.06 on Tuesday. The stock has a market cap of $101.01 billion, a P/E ratio of 40.20, a PEG ratio of 2.93 and a beta of 1.11. The business’s 50-day moving average price is $378.62 and its two-hundred day moving average price is $352.88. Marriott International, Inc. has a twelve month low of $253.76 and a twelve month high of $410.98.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $2.72 earnings per share 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 for the quarter, compared to analysts’ expectations of $6.59 billion. During the same period in the prior year, the business earned $2.32 earnings per share. Marriott International’s revenue for the quarter was up 6.2% compared to the same quarter last year. 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 research analysts expect that Marriott International, Inc. will post 11.66 EPS for the current fiscal year.

Marriott International Increases Dividend

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

Insiders Place Their Bets

In other Marriott International news, EVP Peggy Roe sold 3,000 shares of the firm’s 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 sale, the executive vice president owned 19,827 shares in the company, valued at $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 is available at this hyperlink. 11.43% of the stock is owned by insiders.

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.