Czech National Bank raised its position in shares of Marriott International, Inc. (NASDAQ:MAR – Free Report) by 4.0% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 62,296 shares of the company’s stock after purchasing an additional 2,397 shares during the quarter. Czech National Bank’s holdings in Marriott International were worth $23,086,000 at the end of the most recent quarter.
A number of other hedge funds have also recently modified their holdings of MAR. Evelyn Partners Investment Management Services Ltd bought a new stake in shares of Marriott International in the first quarter worth about $25,000. Wilkerson Advisory Group LLC raised its position in Marriott International by 127.0% during the 1st quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock valued at $27,000 after purchasing an additional 47 shares during the last quarter. IMG Wealth Management Inc. lifted its holdings in Marriott International by 100.0% in the 1st quarter. IMG Wealth Management Inc. now owns 82 shares of the company’s stock worth $27,000 after buying an additional 41 shares during the period. Kemnay Advisory Services Inc. bought a new stake in shares of Marriott International in the 4th quarter worth approximately $27,000. Finally, McMillan Office Inc. purchased a new position in shares of Marriott International during the fourth quarter valued at approximately $27,000. Hedge funds and other institutional investors own 70.70% of the company’s stock.
Insider Buying and Selling at Marriott International
In other news, EVP Peggy Roe sold 3,000 shares of the business’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $361.56, for a total value of $1,084,680.00. Following the completion of the transaction, the executive vice president owned 19,827 shares in the company, valued at $7,168,650.12. The trade was 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 available through this link. 11.43% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
Get Our Latest Stock Report on MAR
Marriott International Price Performance
Shares of Marriott International stock opened at $353.91 on Friday. Marriott International, Inc. has a 1 year low of $256.49 and a 1 year high of $410.98. The firm has a market cap of $92.29 billion, a price-to-earnings ratio of 36.67, a PEG ratio of 2.79 and a beta of 1.10. The company has a 50-day moving average of $377.05 and a 200 day moving average of $355.24.
Marriott International (NASDAQ:MAR – Get Free Report) last released its earnings results on Monday, August 3rd. The company reported $3.19 EPS for the quarter, topping the consensus estimate of $3.08 by $0.11. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.The business had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $7.19 billion. During the same period in the previous year, the company posted $2.65 earnings per share. The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. Marriott International has set its FY 2026 guidance at 11.640-11.810 EPS and its Q3 2026 guidance at 2.740-2.820 EPS. On average, equities analysts anticipate that Marriott International, Inc. will post 11.7 EPS for the current year.
Marriott International Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, August 20th will be issued a $0.73 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. Marriott International’s dividend payout ratio (DPR) is presently 30.26%.
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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