Y Intercept Hong Kong Ltd Invests $7.70 Million in Marriott International, Inc. $MAR

Y Intercept Hong Kong Ltd acquired a new stake in shares of Marriott International, Inc. (NASDAQ:MAR) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 23,541 shares of the company’s stock, valued at approximately $7,700,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in MAR. Legal & General Group Plc raised its stake in Marriott International by 9.3% during the 3rd quarter. Legal & General Group Plc now owns 1,465,420 shares of the company’s stock worth $381,654,000 after acquiring an additional 124,759 shares during the period. FMB Wealth Management purchased a new stake in shares of Marriott International in the fourth quarter worth $1,762,000. Natixis Advisors LLC raised its position in shares of Marriott International by 12.0% during the 3rd quarter. Natixis Advisors LLC now owns 386,638 shares of the company’s stock valued at $100,696,000 after purchasing an additional 41,547 shares during the period. Capital International Sarl lifted its stake in shares of Marriott International by 25.8% during the 3rd quarter. Capital International Sarl now owns 41,237 shares of the company’s stock valued at $10,740,000 after buying an additional 8,448 shares in the last quarter. Finally, Jefferies Financial Group Inc. boosted its holdings in Marriott International by 183.7% in the 4th quarter. Jefferies Financial Group Inc. now owns 56,180 shares of the company’s stock worth $17,429,000 after buying an additional 36,380 shares during the period. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Insider Buying and Selling at Marriott International

In related news, EVP Peggy Roe sold 3,000 shares of the business’s stock in a transaction on Monday, May 18th. The shares were 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 approximately $7,168,650.12. The trade was a 13.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 11.43% of the company’s stock.

Analyst Upgrades and Downgrades

MAR has been the topic of a number of recent analyst reports. Mizuho raised their price target on Marriott International from $343.00 to $384.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of Marriott International in a research report on Monday, May 11th. JPMorgan Chase & Co. lifted 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. Robert W. Baird lowered their price target on Marriott International from $388.00 to $386.00 and set a “neutral” rating on the stock in a report on Thursday, May 7th. Finally, Wells Fargo & Company increased their price objective on shares of Marriott International to $446.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Eight analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $384.73.

Marriott International Price Performance

Shares of Marriott International stock opened at $372.95 on Friday. Marriott International, Inc. has a twelve month low of $253.76 and a twelve month high of $410.98. The business has a 50-day moving average price of $373.99 and a 200-day moving average price of $346.01. The firm has a market cap of $98.34 billion, a price-to-earnings ratio of 39.13, a PEG ratio of 2.97 and a beta of 1.11.

Marriott International (NASDAQ:MAR) last posted its earnings results on Wednesday, May 6th. The company reported $2.72 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.16. The company had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $6.59 billion. Marriott International had a negative return on equity of 80.97% and a net margin of 9.72%.The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same period in the previous year, the business 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. On average, equities analysts expect that Marriott International, Inc. will post 11.64 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. Stockholders of record on Friday, May 22nd were given a dividend of $0.73 per share. The ex-dividend date was Friday, May 22nd. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. This is an increase from Marriott International’s previous quarterly dividend of $0.67. Marriott International’s dividend payout ratio is currently 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.