Marriott International, Inc. $MAR Shares Sold by Copeland Capital Management LLC

Copeland Capital Management LLC lessened its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 6.3% in the 1st quarter, Holdings Channel reports. The firm owned 46,474 shares of the company’s stock after selling 3,112 shares during the period. Copeland Capital Management LLC’s holdings in Marriott International were worth $15,201,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Kemnay Advisory Services Inc. acquired a new position in shares of Marriott International during the fourth quarter valued at approximately $27,000. McMillan Office Inc. acquired a new stake in shares of Marriott International in the fourth quarter worth approximately $27,000. Triumph Capital Management purchased a new stake in shares of Marriott International during the third quarter worth approximately $28,000. Basepoint Wealth LLC acquired a new position in Marriott International in the 4th quarter valued at $28,000. Finally, Godfrey Financial Associates Inc. purchased a new position in Marriott International in the 4th quarter valued at $31,000. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Sanford C. Bernstein set a $412.00 target price on shares of Marriott International in a research note on Monday, June 15th. Truist Financial raised their price target on shares of Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a research note on Tuesday, May 26th. UBS Group boosted their price target on shares of Marriott International from $336.00 to $412.00 and gave the stock a “neutral” rating in a research report on Monday, June 15th. Mizuho increased their price objective on shares of Marriott International from $343.00 to $384.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Finally, Robert W. Baird decreased their target price on shares of Marriott International from $388.00 to $386.00 and set a “neutral” rating on the stock in a research note on Thursday, May 7th. Eight investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $385.38.

Insider Buying and Selling

In other Marriott International news, EVP Peggy Roe sold 3,000 shares of Marriott International stock in a transaction 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 in the company, valued at $7,168,650.12. The trade was a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 11.43% of the stock is owned by corporate insiders.

Marriott International Price Performance

Shares of MAR stock opened at $366.24 on Friday. The company has a market capitalization of $96.57 billion, a PE ratio of 38.43, a price-to-earnings-growth ratio of 2.95 and a beta of 1.11. The firm’s 50-day moving average is $376.48 and its two-hundred day moving average is $350.20. Marriott International, Inc. has a 12 month low of $253.76 and a 12 month high of $410.98.

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

Marriott International Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd were paid a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 0.8%. 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. Marriott International’s payout ratio is 30.64%.

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.