Trust Co. of Vermont Acquires New Position in Marriott International, Inc. $MAR

Trust Co. of Vermont acquired a new stake in shares of Marriott International, Inc. (NASDAQ:MAR) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 3,346 shares of the company’s stock, valued at approximately $1,240,000.

Several other hedge funds also recently made changes to their positions in the company. Norges Bank acquired a new position in Marriott International in the fourth quarter worth $812,570,000. World Investment Advisors raised its holdings in shares of Marriott International by 130.8% during the fourth quarter. World Investment Advisors now owns 16,014 shares of the company’s stock worth $4,968,000 after purchasing an additional 9,075 shares during the period. Jefferies Financial Group Inc. lifted its position in shares of Marriott International by 183.7% in the 4th 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. Caprock Group LLC boosted its holdings in shares of Marriott International by 21.9% in the 4th quarter. Caprock Group LLC now owns 16,806 shares of the company’s stock valued at $5,214,000 after buying an additional 3,023 shares during the period. Finally, Hsbc Holdings PLC grew its position in shares of Marriott International by 62.7% during the 4th quarter. Hsbc Holdings PLC now owns 640,350 shares of the company’s stock valued at $199,069,000 after buying an additional 246,681 shares during the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on MAR. Weiss Ratings restated a “buy (b)” rating on shares of Marriott International in a research note on Friday, August 7th. Morgan Stanley raised their price target on Marriott International from $353.00 to $380.00 and gave the stock an “overweight” rating in a report on Friday, July 17th. JPMorgan Chase & Co. boosted their price objective on Marriott International from $387.00 to $400.00 and gave the company a “neutral” rating in a research report on Tuesday, July 21st. Truist Financial increased their target price on Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a research report on Tuesday, May 26th. Finally, Robert W. Baird cut their target price on Marriott International from $394.00 to $393.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $386.65.

Marriott International Price Performance

NASDAQ MAR opened at $357.33 on Wednesday. Marriott International, Inc. has a 12 month low of $256.76 and a 12 month high of $410.98. The company has a market capitalization of $93.18 billion, a P/E ratio of 37.03, a PEG ratio of 2.77 and a beta of 1.10. The company’s 50 day simple moving average is $372.76 and its 200 day simple moving average is $357.26.

Marriott International (NASDAQ:MAR) last released its quarterly earnings data on Monday, August 3rd. The company reported $3.19 earnings per share for the quarter, topping the consensus estimate of $3.08 by $0.11. The business had revenue of $2.01 billion during the quarter, compared to analyst estimates of $7.19 billion. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.The company’s revenue was up 4.8% compared to the same quarter last year. During the same period last year, the company posted $2.65 EPS. 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, analysts anticipate that Marriott International, Inc. will post 11.71 earnings per share for the current year.

Marriott International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, August 20th will be given a $0.73 dividend. The ex-dividend date 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 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.