Zurcher Kantonalbank Zurich Cantonalbank Sells 10,081 Shares of Marriott International, Inc. $MAR

Zurcher Kantonalbank Zurich Cantonalbank lessened its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 15.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 53,355 shares of the company’s stock after selling 10,081 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Marriott International were worth $16,553,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. National Pension Service increased its holdings in shares of Marriott International by 1.6% in the 3rd quarter. National Pension Service now owns 603,431 shares of the company’s stock worth $157,158,000 after purchasing an additional 9,530 shares in the last quarter. Legal & General Group Plc increased its holdings in shares of Marriott International by 9.3% in the 3rd quarter. Legal & General Group Plc now owns 1,465,420 shares of the company’s stock worth $381,654,000 after purchasing an additional 124,759 shares in the last quarter. AustralianSuper Pty Ltd bought a new stake in shares of Marriott International in the 3rd quarter worth $858,000. Lansforsakringar Fondforvaltning AB publ increased its holdings in shares of Marriott International by 5.8% in the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 73,759 shares of the company’s stock worth $19,210,000 after purchasing an additional 4,067 shares in the last quarter. Finally, Harbor Investment Advisory LLC increased its holdings in shares of Marriott International by 2.7% in the 3rd quarter. Harbor Investment Advisory LLC now owns 572,367 shares of the company’s stock worth $149,067,000 after purchasing an additional 14,898 shares in the last quarter. Institutional investors own 70.70% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on MAR shares. Jefferies Financial Group lifted their target price on Marriott International from $357.00 to $415.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. The Goldman Sachs Group lifted their target price on Marriott International from $355.00 to $398.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Sanford C. Bernstein lifted their target price on Marriott International from $329.00 to $369.00 and gave the stock an “outperform” rating in a report on Tuesday, January 6th. Citigroup raised their price target on Marriott International from $285.00 to $345.00 and gave the stock a “neutral” rating in a research note on Thursday, January 15th. Finally, Barclays raised their price target on Marriott International from $356.00 to $372.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 16th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Marriott International presently has a consensus rating of “Moderate Buy” and a consensus target price of $355.29.

Marriott International Price Performance

MAR stock opened at $367.13 on Thursday. The company has a market cap of $97.26 billion, a P/E ratio of 38.69, a price-to-earnings-growth ratio of 3.29 and a beta of 1.10. Marriott International, Inc. has a 1 year low of $227.55 and a 1 year high of $380.00. The stock’s fifty day moving average price is $340.59 and its 200-day moving average price is $313.53.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Tuesday, February 10th. The company reported $2.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.61 by ($0.03). The firm had revenue of $6.69 billion during the quarter, compared to analysts’ expectations of $6.67 billion. Marriott International had a negative return on equity of 84.23% and a net margin of 9.93%.The business’s quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter last year, the business earned $2.45 earnings per share. Marriott International has set its FY 2026 guidance at 11.320-11.570 EPS and its Q1 2026 guidance at 2.500-2.550 EPS. As a group, analysts expect that Marriott International, Inc. will post 11.67 earnings per share for the current year.

Marriott International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, February 26th were given a dividend of $0.67 per share. The ex-dividend date was Thursday, February 26th. This represents a $2.68 annualized dividend and a yield of 0.7%. Marriott International’s payout ratio is 28.24%.

Insider Activity at Marriott International

In related news, insider William P. Brown sold 9,456 shares of Marriott International stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $358.25, for a total transaction of $3,387,612.00. Following the transaction, the insider directly owned 11,000 shares in the company, valued at approximately $3,940,750. The trade was a 46.23% 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. Also, EVP Drew Pinto sold 4,000 shares of Marriott International stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $359.81, for a total value of $1,439,240.00. Following the transaction, the executive vice president owned 8,221 shares in the company, valued at $2,957,998.01. This trade represents a 32.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 95,540 shares of company stock valued at $34,274,055 in the last ninety days. Corporate insiders own 11.43% of the company’s stock.

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.