Czech National Bank Buys 2,397 Shares of Marriott International, Inc. $MAR

Czech National Bank boosted its position in Marriott International, Inc. (NASDAQ:MAR) by 4.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 62,296 shares of the company’s stock after purchasing an additional 2,397 shares during the period. Czech National Bank’s holdings in Marriott International were worth $23,086,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in MAR. Evelyn Partners Investment Management Services Ltd purchased a new stake in Marriott International during the first quarter valued at about $25,000. Wilkerson Advisory Group LLC raised its position in shares of Marriott International by 127.0% in the first quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock valued at $27,000 after purchasing an additional 47 shares during the period. IMG Wealth Management Inc. lifted its stake in shares of Marriott International by 100.0% during the 1st quarter. IMG Wealth Management Inc. now owns 82 shares of the company’s stock valued at $27,000 after buying an additional 41 shares in the last quarter. Kemnay Advisory Services Inc. bought a new position in Marriott International in the 4th quarter worth approximately $27,000. Finally, McMillan Office Inc. purchased a new position in Marriott International in the 4th quarter valued at approximately $27,000. 70.70% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Marriott International news, EVP Peggy Roe sold 3,000 shares of Marriott International 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 transaction, the executive vice president directly owned 19,827 shares of the company’s stock, 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 legal filing with the SEC, which can be accessed through this hyperlink. 11.43% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on MAR shares. Stifel Nicolaus lifted their price target on Marriott International from $352.00 to $365.00 and gave the company a “hold” rating in a research report on Friday, July 17th. UBS Group restated a “neutral” rating on shares of Marriott International in a research note on Tuesday. Robert W. Baird decreased their price target on Marriott International from $394.00 to $393.00 and set a “neutral” rating on the stock in a research report on Tuesday. 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, May 26th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Marriott International in a research note on Monday, May 11th. Nine analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, Marriott International presently has a consensus rating of “Moderate Buy” and an average target price of $386.65.

Marriott International Price Performance

Shares of NASDAQ:MAR opened at $353.91 on Friday. The company’s fifty day moving average price is $377.05 and its 200-day moving average price is $355.24. The firm has a market capitalization of $92.29 billion, a price-to-earnings ratio of 36.67, a PEG ratio of 2.79 and a beta of 1.10. Marriott International, Inc. has a one year low of $256.49 and a one year high of $410.98.

Marriott International (NASDAQ:MAR) last announced its earnings results on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.08 by $0.11. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The company had revenue of $2.01 billion during the quarter, compared to analyst estimates of $7.19 billion. During the same period in the previous year, the business earned $2.65 earnings per share. The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. Marriott International has set its FY 2026 guidance at 11.640-11.810 EPS and its Q3 2026 guidance at 2.740-2.820 EPS. As a group, equities research analysts expect that Marriott International, Inc. will post 11.7 EPS for the current year.

Marriott International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, August 20th will be paid a $0.73 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.92 annualized dividend and a yield of 0.8%. Marriott International’s dividend payout ratio is currently 30.26%.

Marriott International Company 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.