Bridgewater Advisors Inc. Purchases 2,491 Shares of Marriott International, Inc. $MAR

Bridgewater Advisors Inc. raised its position in Marriott International, Inc. (NASDAQ:MARFree Report) by 5.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 49,922 shares of the company’s stock after purchasing an additional 2,491 shares during the quarter. Marriott International accounts for approximately 1.1% of Bridgewater Advisors Inc.’s holdings, making the stock its 22nd largest holding. Bridgewater Advisors Inc.’s holdings in Marriott International were worth $17,375,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. FMB Wealth Management bought a new position in Marriott International in the fourth quarter valued at approximately $1,762,000. Norges Bank acquired a new stake in shares of Marriott International in the 4th quarter valued at approximately $812,570,000. World Investment Advisors grew its stake in shares of Marriott International by 130.8% in the fourth quarter. World Investment Advisors now owns 16,014 shares of the company’s stock valued at $4,968,000 after buying an additional 9,075 shares in the last quarter. Jefferies Financial Group Inc. increased its holdings in Marriott International by 183.7% during the fourth 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 last quarter. Finally, Caprock Group LLC raised its position in Marriott International by 21.9% during the fourth quarter. Caprock Group LLC now owns 16,806 shares of the company’s stock worth $5,214,000 after acquiring an additional 3,023 shares in the last quarter. 70.70% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. UBS Group lifted their price objective on shares of Marriott International from $336.00 to $412.00 and gave the company a “neutral” rating in a research report on Monday, June 15th. Sanford C. Bernstein set a $412.00 target price on shares of Marriott International in a research note on Monday, June 15th. Mizuho boosted their price target on Marriott International from $343.00 to $384.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Barclays upped their price objective on Marriott International from $376.00 to $379.00 and gave the company an “equal weight” rating in a research note on Tuesday. Finally, JPMorgan Chase & Co. lifted their target price on Marriott International from $387.00 to $400.00 and gave the stock a “neutral” rating in a research note on Tuesday. Nine equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $388.59.

Get Our Latest Analysis on Marriott International

Insider Activity at Marriott International

In related news, EVP Peggy Roe sold 3,000 shares of the firm’s stock in a transaction dated 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 Securities & Exchange Commission, which is available through the SEC website. Company insiders own 11.43% of the company’s stock.

Marriott International Stock Up 2.7%

Marriott International stock opened at $374.43 on Friday. Marriott International, Inc. has a twelve month low of $253.76 and a twelve month high of $410.98. The stock has a market cap of $98.73 billion, a P/E ratio of 39.29, a P/E/G ratio of 2.85 and a beta of 1.11. The company’s 50-day moving average price is $378.14 and its two-hundred day moving average price is $352.16.

Marriott International (NASDAQ:MARGet Free Report) last posted its earnings results on Wednesday, May 6th. The company reported $2.72 EPS for the quarter, beating the consensus estimate 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 quarter in the prior 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. Equities analysts anticipate that Marriott International, Inc. will post 11.66 earnings per share 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 issued a dividend of $0.73 per share. This is an increase from Marriott International’s previous quarterly dividend of $0.67. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Friday, May 22nd. Marriott International’s payout ratio is 30.64%.

More Marriott International News

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Marriott International Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Marriott International (NASDAQ:MAR)

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