Norges Bank Takes Position in Marriott International, Inc. $MAR

Norges Bank acquired a new stake in Marriott International, Inc. (NASDAQ:MAR) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 2,619,166 shares of the company’s stock, valued at approximately $812,570,000.

A number of other hedge funds also recently made changes to their positions in MAR. Wellington Management Group LLP raised its stake in shares of Marriott International by 21.7% in the 3rd quarter. Wellington Management Group LLP now owns 9,175,377 shares of the company’s stock valued at $2,389,635,000 after buying an additional 1,637,119 shares in the last quarter. Amundi raised its stake in shares of Marriott International by 52.0% in the 3rd quarter. Amundi now owns 741,408 shares of the company’s stock valued at $201,618,000 after buying an additional 253,696 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Marriott International by 1.1% in the 3rd quarter. Vanguard Group Inc. now owns 20,774,015 shares of the company’s stock valued at $5,410,384,000 after buying an additional 230,820 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Marriott International by 26.2% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 846,740 shares of the company’s stock valued at $220,525,000 after buying an additional 175,637 shares in the last quarter. Finally, Franklin Resources Inc. raised its stake in shares of Marriott International by 516.8% in the 3rd quarter. Franklin Resources Inc. now owns 208,990 shares of the company’s stock valued at $54,429,000 after buying an additional 175,108 shares in the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

Analysts Set New Price Targets

MAR has been the subject of a number of recent analyst reports. The Goldman Sachs Group increased their target price on shares of Marriott International from $355.00 to $398.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Susquehanna increased their target price on shares of Marriott International from $280.00 to $385.00 and gave the stock a “neutral” rating in a research report on Thursday, April 23rd. Truist Financial increased their target price on shares of Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a research report on Tuesday, May 26th. JPMorgan Chase & Co. increased their target price on shares of Marriott International from $356.00 to $383.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 21st. Finally, Barclays increased their target price on shares of Marriott International from $372.00 to $376.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. Eight analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Marriott International currently has an average rating of “Moderate Buy” and an average target price of $382.07.

Marriott International Trading Down 2.6%

Shares of NASDAQ MAR opened at $375.60 on Friday. The firm has a market capitalization of $99.04 billion, a PE ratio of 39.41, a price-to-earnings-growth ratio of 2.98 and a beta of 1.11. Marriott International, Inc. has a 1 year low of $253.55 and a 1 year high of $388.37. The firm’s 50-day moving average is $353.03 and its 200-day moving average is $330.03.

Marriott International (NASDAQ:MAR) last issued its earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.56 by $0.16. The company had revenue of $1.81 billion for the quarter, compared to analyst estimates of $6.59 billion. Marriott International had a net margin of 9.72% and a negative return on equity of 80.97%. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter last year, the firm earned $2.32 EPS. 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. As a group, equities research analysts anticipate that Marriott International, Inc. will post 11.66 earnings per share for the current fiscal year.

Marriott International Increases Dividend

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

Insider Activity

In other news, EVP Peggy Roe sold 3,000 shares of the firm’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $361.56, for a total value of $1,084,680.00. Following the transaction, the executive vice president owned 19,827 shares of the company’s stock, valued at approximately $7,168,650.12. This trade represents a 13.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 11.43% of the company’s stock.

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.