iA Global Asset Management Inc. Sells 1,552 Shares of Marriott International, Inc. $MAR

iA Global Asset Management Inc. decreased its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 4.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,809 shares of the company’s stock after selling 1,552 shares during the period. iA Global Asset Management Inc.’s holdings in Marriott International were worth $10,404,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MAR. Wellington Management Group LLP lifted its position in shares of Marriott International by 21.7% during the third quarter. Wellington Management Group LLP now owns 9,175,377 shares of the company’s stock worth $2,389,635,000 after purchasing an additional 1,637,119 shares in the last quarter. Invesco Ltd. increased its holdings 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 purchasing an additional 118,504 shares in the last quarter. Capital International Investors raised its position in Marriott International by 7.1% in the 4th quarter. Capital International Investors now owns 4,107,531 shares of the company’s stock worth $1,274,475,000 after purchasing an additional 272,250 shares during the last quarter. Norges Bank acquired a new position in Marriott International during the 4th quarter worth $812,570,000. Finally, Price T Rowe Associates Inc. MD boosted its position 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 buying an additional 219,579 shares during the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

Marriott International Trading Down 0.6%

NASDAQ:MAR opened at $368.32 on Thursday. Marriott International, Inc. has a 1 year low of $253.76 and a 1 year high of $410.98. The stock has a 50-day moving average price of $373.93 and a two-hundred day moving average price of $345.30. The stock has a market cap of $97.12 billion, a price-to-earnings ratio of 38.65, a PEG ratio of 2.95 and a beta of 1.11.

Marriott International (NASDAQ:MAR) last released its quarterly earnings data 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. Marriott International had a negative return on equity of 80.97% and a net margin of 9.72%.The business had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $6.59 billion. During the same quarter in the previous year, the business posted $2.32 EPS. Marriott International’s revenue for the quarter 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. Sell-side analysts forecast that Marriott International, Inc. will post 11.64 earnings per share for the current year.

Marriott International Increases Dividend

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

Insider Buying and Selling at Marriott International

In other news, EVP Peggy Roe sold 3,000 shares of the company’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 completion of the transaction, the executive vice president directly owned 19,827 shares of the company’s stock, valued at $7,168,650.12. This represents a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 11.43% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Robert W. Baird dropped their target price on Marriott International from $388.00 to $386.00 and set a “neutral” rating for the company in a research report on Thursday, May 7th. JPMorgan Chase & Co. lifted their price objective on Marriott International from $356.00 to $383.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 21st. UBS Group boosted their price objective on Marriott International from $336.00 to $412.00 and gave the stock a “neutral” rating in a report on Monday, June 15th. Morgan Stanley raised their target price on shares of Marriott International from $350.00 to $353.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Marriott International in a research 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. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $384.73.

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.