KBC Group NV Sells 1,629 Shares of Marriott International, Inc. $MAR

KBC Group NV lowered its stake in Marriott International, Inc. (NASDAQ:MAR) by 3.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 42,343 shares of the company’s stock after selling 1,629 shares during the quarter. KBC Group NV’s holdings in Marriott International were worth $13,849,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of MAR. SEB Asset Management AB purchased a new position in shares of Marriott International during the 1st quarter valued at $22,779,000. Swiss National Bank boosted its stake in Marriott International by 5.9% during the first quarter. Swiss National Bank now owns 669,398 shares of the company’s stock valued at $218,940,000 after buying an additional 37,080 shares during the period. World Equity Group Inc. increased its stake in Marriott International by 4.0% in the 1st quarter. World Equity Group Inc. now owns 1,409 shares of the company’s stock worth $461,000 after acquiring an additional 54 shares during the last quarter. Precision Wealth Strategies LLC raised its holdings in shares of Marriott International by 29.0% in the 1st quarter. Precision Wealth Strategies LLC now owns 26,353 shares of the company’s stock valued at $8,619,000 after acquiring an additional 5,932 shares in the last quarter. Finally, Kinsale Capital Group Inc. boosted its position in shares of Marriott International by 5.5% during the 1st quarter. Kinsale Capital Group Inc. now owns 32,463 shares of the company’s stock valued at $10,618,000 after acquiring an additional 1,702 shares during the last quarter. 70.70% of the stock is currently owned by institutional investors.

Marriott International Stock Up 0.2%

Shares of MAR stock opened at $367.81 on Wednesday. The stock has a market cap of $96.99 billion, a price-to-earnings ratio of 38.60, a PEG ratio of 2.92 and a beta of 1.11. The business’s fifty day moving average is $377.11 and its 200 day moving average is $351.23. Marriott International, Inc. has a twelve month low of $253.76 and a twelve month high of $410.98.

Marriott International (NASDAQ:MAR) last announced its earnings results on Wednesday, May 6th. The company reported $2.72 EPS for the quarter, beating analysts’ consensus estimates of $2.56 by $0.16. The firm had revenue of $1.81 billion for 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 company’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the business 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. Equities research analysts expect that Marriott International, Inc. will post 11.65 earnings per share for the current fiscal year.

Marriott International Increases Dividend

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

Marriott International News Summary

Here are the key news stories impacting Marriott International this week:

• Positive Sentiment: TD Cowen raised its price target on Marriott International (MAR) to $420 and reiterated a Buy rating, signaling stronger upside expectations. Article Title
• Positive Sentiment: JPMorgan Chase increased its target to $400, implying further upside even though it kept a Neutral rating. Article Title
• Positive Sentiment: Marriott announced new growth-oriented initiatives and market expansion, including branded apartment rentals in Cleveland and new hotel openings in Canada and the Philippines, which support its long-term network growth.
• Neutral Sentiment: Barclays lifted its price target to $379 but maintained an Equal Weight rating, indicating a more balanced outlook on the shares. Article Title
• Neutral Sentiment: Marriott Philippines launched its first wedding campaign, and Marriott also rolled out a new points partnership with Japan Airlines; these items are positive brand and loyalty developments but are unlikely to move the stock meaningfully on their own.
• Negative Sentiment: Some headlines highlight Marriott’s efforts to attract younger travelers and keep demand strong, which suggests ongoing competition for consumer attention in a discretionary travel market.

Insider Activity

In other 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 completion of the transaction, the executive vice president directly owned 19,827 shares in the company, 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 11.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on MAR shares. JPMorgan Chase & Co. increased their price target on shares of Marriott International from $387.00 to $400.00 and gave the company a “neutral” rating in a research report on Tuesday. Stifel Nicolaus upped their price target on shares of Marriott International from $352.00 to $365.00 and gave the company a “hold” rating in a report on Friday, July 17th. Mizuho raised their price target on shares of Marriott International from $343.00 to $384.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Morgan Stanley upped their price objective on shares of Marriott International from $353.00 to $380.00 and gave the company an “overweight” rating in a research note on Friday, July 17th. Finally, TD Cowen raised their target price on Marriott International from $410.00 to $420.00 and gave the stock a “buy” rating in a research note on Tuesday. Nine analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $388.59.

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.