California Public Employees Retirement System Cuts Holdings in Marriott International, Inc. $MAR

California Public Employees Retirement System trimmed its position in Marriott International, Inc. (NASDAQ:MAR) by 6.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 508,947 shares of the company’s stock after selling 37,321 shares during the quarter. California Public Employees Retirement System’s holdings in Marriott International were worth $166,461,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MAR. Frederick Financial Consultants LLC grew its holdings in Marriott International by 0.8% during the 4th quarter. Frederick Financial Consultants LLC now owns 3,531 shares of the company’s stock valued at $1,095,000 after buying an additional 28 shares in the last quarter. Haven Capital Group Inc. boosted its position in shares of Marriott International by 0.3% during the 1st quarter. Haven Capital Group Inc. now owns 10,064 shares of the company’s stock valued at $3,292,000 after acquiring an additional 30 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in shares of Marriott International by 1.2% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,472 shares of the company’s stock valued at $808,000 after purchasing an additional 30 shares in the last quarter. Transamerica Financial Advisors LLC increased its position in Marriott International by 34.8% in the fourth quarter. Transamerica Financial Advisors LLC now owns 120 shares of the company’s stock worth $37,000 after purchasing an additional 31 shares during the last quarter. Finally, Optimize Financial Inc raised its stake in Marriott International by 1.4% during the fourth quarter. Optimize Financial Inc now owns 2,284 shares of the company’s stock valued at $709,000 after purchasing an additional 32 shares in the last quarter. 70.70% of the stock is owned by institutional investors.

Insider Activity

In other news, EVP Peggy Roe sold 3,000 shares of the company’s stock in a transaction on 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 sale, the executive vice president directly owned 19,827 shares of the company’s stock, valued at $7,168,650.12. This represents a 13.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 11.43% of the stock is currently owned by insiders.

Marriott International Stock Down 1.3%

Marriott International stock opened at $366.24 on Friday. The firm has a market cap of $96.57 billion, a P/E ratio of 38.43, a P/E/G ratio of 2.91 and a beta of 1.11. Marriott International, Inc. has a twelve month low of $253.76 and a twelve month high of $410.98. The business has a fifty day moving average of $376.48 and a two-hundred day moving average of $350.20.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $2.72 earnings per share 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 firm had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $6.59 billion. During the same period in the prior year, the business posted $2.32 EPS. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. 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. Equities analysts expect that Marriott International, Inc. will post 11.64 earnings per share for the current year.

Marriott International Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, May 22nd were paid a $0.73 dividend. This is a positive change from Marriott International’s previous quarterly dividend of $0.67. The ex-dividend date was Friday, May 22nd. This represents a $2.92 dividend on an annualized basis and a yield of 0.8%. Marriott International’s dividend payout ratio (DPR) is 30.64%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on MAR shares. Sanford C. Bernstein set a $412.00 price objective on shares of Marriott International in a research note on Monday, June 15th. UBS Group upped their target price on shares of Marriott International from $336.00 to $412.00 and gave the company a “neutral” rating in a research report on Monday, June 15th. Truist Financial lifted their price target on Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a research report on Tuesday, May 26th. Robert W. Baird reduced their price objective on Marriott International from $388.00 to $386.00 and set a “neutral” rating on the stock in a research note on Thursday, May 7th. Finally, Stifel Nicolaus raised their price objective on Marriott International from $352.00 to $365.00 and gave the company a “hold” rating in a research note on Friday. Eight analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $385.38.

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.