BTC Capital Management Inc. Has $8.06 Million Stake in Marriott International, Inc. $MAR

BTC Capital Management Inc. decreased its holdings in Marriott International, Inc. (NASDAQ:MAR) by 9.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 24,644 shares of the company’s stock after selling 2,470 shares during the quarter. BTC Capital Management Inc.’s holdings in Marriott International were worth $8,059,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Wellington Management Group LLP lifted its position in Marriott International by 21.7% during the 3rd quarter. Wellington Management Group LLP now owns 9,175,377 shares of the company’s stock worth $2,389,635,000 after buying an additional 1,637,119 shares in the last quarter. Invesco Ltd. increased its position in Marriott International by 2.7% in the 4th quarter. Invesco Ltd. now owns 4,440,359 shares of the company’s stock valued at $1,377,577,000 after acquiring an additional 118,504 shares in the last quarter. Capital International Investors raised its stake in shares of Marriott International by 7.1% in the fourth quarter. Capital International Investors now owns 4,107,531 shares of the company’s stock worth $1,274,475,000 after acquiring an additional 272,250 shares during the last quarter. Norges Bank acquired a new position in shares of Marriott International during the fourth quarter worth approximately $812,570,000. Finally, Price T Rowe Associates Inc. MD grew its stake in shares of Marriott International by 13.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,879,028 shares of the company’s stock valued at $582,952,000 after purchasing an additional 219,579 shares during the last quarter. 70.70% of the stock is currently owned by institutional investors and hedge funds.

More Marriott International News

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

• Positive Sentiment: Marriott reached an agreement with Blacksand to develop 10 hotels in Saudi Arabia, signaling continued brand expansion and potential future fee growth. Marriott and Blacksand to develop 10 hotels in Saudi Arabia
• Positive Sentiment: Marriott plans to add 100 new hotels in China with CG Hospitality, expanding its pipeline in another major international market. Marriott plans 100 new hotels in China with CG Hospitality partnership
• Positive Sentiment: Marriott opened a new St. Regis resort in Mexico, showing continued momentum in luxury openings and broadening its resort footprint. Marriott opens new St. Regis resort in Mexico
• Neutral Sentiment: Marriott CEO comments on AI agents suggest the company sees technology as more of a threat to online travel agencies than to hotels, but the impact on MAR’s earnings is indirect for now. Marriott CEO: Why AI Agents Threaten Online Travel Agencies, Not Hotels
• Neutral Sentiment: Reports about hotel owners seeking more Bonvoy revenue point to ongoing negotiations around loyalty economics, but there is no clear immediate financial impact yet. Marriott (MAR) Hotel Owners Seek More Bonvoy Revenue
• Neutral Sentiment: General “best hotel stocks” and “hotel stocks to watch” roundups may reflect sector interest, but they are not company-specific catalysts. Best Hotel Stocks To Follow Now – June 23rd Hotel Stocks To Watch Now – June 22nd

Insiders Place Their Bets

In other news, EVP Peggy Roe sold 3,000 shares of the 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 completion of the sale, the executive vice president owned 19,827 shares of the company’s stock, valued at $7,168,650.12. This represents a 13.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 11.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on MAR. Sanford C. Bernstein set a $412.00 price objective on shares of Marriott International in a research report on Monday, June 15th. Wells Fargo & Company lifted their target price on Marriott International to $446.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Morgan Stanley boosted their target price on Marriott International from $350.00 to $353.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. Weiss Ratings reiterated a “buy (b)” rating on shares of Marriott International in a report on Monday, May 11th. Finally, UBS Group lifted their price objective on Marriott International from $336.00 to $412.00 and gave the stock a “neutral” rating in a research report on Monday, June 15th. Eight research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $384.73.

Marriott International Trading Down 0.8%

MAR stock opened at $383.64 on Thursday. Marriott International, Inc. has a 1-year low of $253.76 and a 1-year high of $410.98. The firm has a market cap of $101.16 billion, a PE ratio of 40.26, a P/E/G ratio of 3.08 and a beta of 1.10. The business’s 50-day moving average price is $373.52 and its two-hundred day moving average price is $342.33.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 EPS for the quarter, topping 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 company had revenue of $1.81 billion for the quarter, compared to analyst estimates of $6.59 billion. During the same quarter last year, the firm posted $2.32 earnings per share. Marriott International’s revenue was up 6.2% compared to the same quarter last year. 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. On average, analysts forecast that Marriott International, Inc. will post 11.64 earnings per share for the current year.

Marriott International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd will be issued a dividend of $0.73 per share. This is an increase from Marriott International’s previous quarterly dividend of $0.67. The ex-dividend date is Friday, May 22nd. This represents a $2.92 annualized dividend and a yield of 0.8%. Marriott International’s dividend payout ratio is 30.64%.

Marriott International 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.