Kinsale Capital Group Inc. Grows Position in Marriott International, Inc. $MAR

Kinsale Capital Group Inc. increased its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 5.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,761 shares of the company’s stock after acquiring an additional 1,472 shares during the period. Marriott International comprises 1.6% of Kinsale Capital Group Inc.’s investment portfolio, making the stock its 26th biggest position. Kinsale Capital Group Inc.’s holdings in Marriott International were worth $9,543,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of MAR. Wellington Management Group LLP lifted its stake 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 acquiring an additional 1,637,119 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its stake in Marriott International by 7.2% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,921,767 shares of the company’s stock worth $1,281,825,000 after acquiring an additional 330,952 shares in the last quarter. Amundi lifted its stake in Marriott International by 52.0% during the 3rd quarter. Amundi now owns 741,408 shares of the company’s stock worth $201,618,000 after acquiring an additional 253,696 shares in the last quarter. Vanguard Group Inc. lifted its stake in Marriott International by 1.1% during the 3rd quarter. Vanguard Group Inc. now owns 20,774,015 shares of the company’s stock worth $5,410,384,000 after acquiring an additional 230,820 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in Marriott International by 26.2% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 846,740 shares of the company’s stock worth $220,525,000 after acquiring an additional 175,637 shares in the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on MAR. Mizuho increased their target price on Marriott International from $343.00 to $384.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Morgan Stanley increased their target price on Marriott International from $350.00 to $353.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Marriott International in a research report on Monday, May 11th. The Goldman Sachs Group increased their price target on Marriott International from $355.00 to $398.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Finally, Wells Fargo & Company increased their price target on Marriott International to $446.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Eight investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $376.13.

Insiders Place Their Bets

In other news, EVP Drew Pinto sold 4,000 shares of the stock in a transaction dated Tuesday, February 17th. The stock was 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 approximately $2,957,998.01. This represents a 32.73% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Anthony Capuano sold 63,000 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $359.22, for a total value of $22,630,860.00. Following the completion of the transaction, the chief executive officer owned 113,617 shares in the company, valued at approximately $40,813,498.74. The trade was a 35.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 93,028 shares of company stock worth $33,377,271. 11.43% of the stock is currently owned by company insiders.

Marriott International Price Performance

MAR stock opened at $353.17 on Friday. The firm has a market capitalization of $93.13 billion, a P/E ratio of 37.06, a P/E/G ratio of 2.81 and a beta of 1.11. The business’s 50-day moving average is $343.48 and its two-hundred day moving average is $323.01. Marriott International, Inc. has a 1 year low of $253.55 and a 1 year high of $380.00.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) 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 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 company earned $2.32 EPS. Marriott International’s revenue for the quarter 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 expect that Marriott International, Inc. will post 11.65 EPS for the current year.

Marriott International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd will be issued a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, May 22nd. This is an increase from Marriott International’s previous quarterly dividend of $0.67. Marriott International’s dividend payout ratio (DPR) is currently 28.12%.

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.