Banque Cantonale Vaudoise raised its stake in shares of Marriott International, Inc. (NASDAQ:MAR – Free Report) by 283.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,905 shares of the company’s stock after acquiring an additional 2,887 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Marriott International were worth $1,277,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Wellington Management Group LLP increased its holdings in shares of Marriott International by 21.7% in the 3rd quarter. Wellington Management Group LLP now owns 9,175,377 shares of the company’s stock valued at $2,389,635,000 after acquiring an additional 1,637,119 shares during the last quarter. Invesco Ltd. boosted its holdings in Marriott International by 2.7% in the fourth quarter. Invesco Ltd. now owns 4,440,359 shares of the company’s stock worth $1,377,577,000 after purchasing an additional 118,504 shares during the period. Capital International Investors increased its stake in Marriott International by 7.1% during the fourth quarter. Capital International Investors now owns 4,107,531 shares of the company’s stock valued at $1,274,475,000 after purchasing an additional 272,250 shares during the last quarter. Norges Bank acquired a new stake in shares of Marriott International during the fourth quarter worth $812,570,000. Finally, Price T Rowe Associates Inc. MD lifted its position in shares of 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 worth $582,952,000 after buying an additional 219,579 shares during the last quarter. Institutional investors own 70.70% of the company’s stock.
Insider Transactions at Marriott International
In other news, EVP Peggy Roe sold 3,000 shares of the firm’s stock in a transaction 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 owned 19,827 shares in the company, valued at approximately $7,168,650.12. This trade represents a 13.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 11.43% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
Read Our Latest Report on Marriott International
Marriott International Price Performance
MAR stock opened at $377.31 on Friday. The firm has a market cap of $99.49 billion, a PE ratio of 39.59, a P/E/G ratio of 3.00 and a beta of 1.10. Marriott International, Inc. has a 12 month low of $253.76 and a 12 month high of $410.98. The firm has a 50 day simple moving average of $374.03 and a 200 day simple moving average of $343.18.
Marriott International (NASDAQ:MAR – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $6.59 billion. During the same quarter last year, the company 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. As a group, sell-side analysts expect that Marriott International, Inc. will post 11.64 earnings per share for the current year.
Marriott International Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 22nd will be given a dividend of $0.73 per share. The ex-dividend date of this dividend is Friday, May 22nd. This is a boost from Marriott International’s previous quarterly dividend of $0.67. This represents a $2.92 annualized dividend and a yield of 0.8%. Marriott International’s payout ratio is 30.64%.
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.
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