Teachers Retirement System of The State of Kentucky Decreases Position in Marriott International, Inc. $MAR

Teachers Retirement System of The State of Kentucky lowered its position in Marriott International, Inc. (NASDAQ:MAR) by 19.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,251 shares of the company’s stock after selling 9,623 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Marriott International were worth $13,165,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Norges Bank acquired a new stake in Marriott International in the 4th quarter valued at about $812,570,000. Diamant Asset Management Inc. raised its position in Marriott International by 32,607.0% during the first quarter. Diamant Asset Management Inc. now owns 490,605 shares of the company’s stock worth $16,046,000 after acquiring an additional 489,105 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Marriott International by 37.9% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,363,845 shares of the company’s stock valued at $423,119,000 after purchasing an additional 374,497 shares in the last quarter. Capital International Investors grew its position in shares of Marriott International by 7.1% in the fourth quarter. Capital International Investors now owns 4,107,531 shares of the company’s stock valued at $1,274,475,000 after purchasing an additional 272,250 shares during the last quarter. Finally, Amundi increased its stake in shares of Marriott International by 52.0% during the 3rd quarter. Amundi now owns 741,408 shares of the company’s stock worth $201,618,000 after purchasing an additional 253,696 shares in the last quarter. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on MAR shares. JPMorgan Chase & Co. upped their target price on Marriott International from $356.00 to $383.00 and gave the company a “neutral” rating in a research note on Tuesday, April 21st. Wells Fargo & Company boosted their price target on Marriott International to $446.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Truist Financial increased their price objective on Marriott International from $350.00 to $356.00 and gave the company a “hold” rating in a research note on Tuesday, May 26th. Susquehanna lifted their price objective on Marriott International from $280.00 to $385.00 and gave the stock a “neutral” rating in a research report on Thursday, April 23rd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Marriott International in a report on Monday, May 11th. Eight research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $384.73.

Insider Buying and Selling at Marriott International

In other 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 transaction, the executive vice president directly owned 19,827 shares in the company, valued at $7,168,650.12. This represents a 13.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 11.43% of the stock is currently owned by insiders.

Marriott International Stock Performance

Shares of MAR opened at $362.91 on Tuesday. Marriott International, Inc. has a fifty-two week low of $253.76 and a fifty-two week high of $410.98. The company has a market capitalization of $95.70 billion, a PE ratio of 38.08, a price-to-earnings-growth ratio of 2.99 and a beta of 1.11. The stock has a fifty day moving average of $375.46 and a two-hundred day moving average of $348.97.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.56 by $0.16. The business had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $6.59 billion. Marriott International had a negative return on equity of 80.97% and a net margin of 9.72%.The business’s revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the firm earned $2.32 earnings per share. 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 research analysts forecast that Marriott International, Inc. will post 11.64 earnings per share for the current fiscal year.

Marriott International Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd were issued a $0.73 dividend. This is a positive change from Marriott International’s previous quarterly dividend of $0.67. The ex-dividend date was Friday, May 22nd. This represents a $2.92 annualized dividend and a yield of 0.8%. Marriott International’s dividend payout ratio (DPR) is presently 30.64%.

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.