Bank of Montreal Can Boosts Stock Position in Marriott International, Inc. $MAR

Bank of Montreal Can grew its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 14.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 497,686 shares of the company’s stock after buying an additional 64,524 shares during the period. Bank of Montreal Can owned 0.19% of Marriott International worth $129,617,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the business. National Pension Service grew its holdings in shares of Marriott International by 1.6% during the third quarter. National Pension Service now owns 603,431 shares of the company’s stock worth $157,158,000 after purchasing an additional 9,530 shares during the last quarter. AustralianSuper Pty Ltd purchased a new stake in shares of Marriott International in the 3rd quarter valued at about $858,000. Headwater Capital Co Ltd purchased a new position in Marriott International during the 2nd quarter worth approximately $21,857,000. Lansforsakringar Fondforvaltning AB publ increased its position in Marriott International by 5.8% during the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 73,759 shares of the company’s stock worth $19,210,000 after buying an additional 4,067 shares during the period. Finally, Harbor Investment Advisory LLC lifted its stake in Marriott International by 2.7% in the third quarter. Harbor Investment Advisory LLC now owns 572,367 shares of the company’s stock valued at $149,067,000 after buying an additional 14,898 shares during the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

Marriott International Stock Up 0.1%

Shares of NASDAQ:MAR opened at $326.38 on Thursday. The company has a 50-day moving average price of $330.80 and a 200 day moving average price of $298.01. Marriott International, Inc. has a 52 week low of $205.40 and a 52 week high of $370.00. The company has a market cap of $86.49 billion, a P/E ratio of 34.39, a PEG ratio of 2.88 and a beta of 1.09.

Marriott International (NASDAQ:MAR) last issued its earnings results on Tuesday, February 10th. The company reported $2.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.61 by ($0.03). Marriott International had a negative return on equity of 84.23% and a net margin of 9.93%.The business had revenue of $6.69 billion for the quarter, compared to analysts’ expectations of $6.67 billion. During the same period last year, the company posted $2.45 earnings per share. The business’s quarterly revenue was up 4.1% on a year-over-year basis. Marriott International has set its FY 2026 guidance at 11.320-11.570 EPS and its Q1 2026 guidance at 2.500-2.550 EPS. Analysts expect that Marriott International, Inc. will post 10.1 EPS for the current year.

Marriott International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, February 26th will be given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Thursday, February 26th. Marriott International’s dividend payout ratio (DPR) is presently 28.24%.

Wall Street Analysts Forecast Growth

MAR has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Marriott International in a report on Thursday, January 22nd. BMO Capital Markets raised shares of Marriott International from a “market perform” rating to an “outperform” rating and raised their price objective for the stock from $285.00 to $370.00 in a research report on Friday, January 9th. 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 note on Wednesday, February 11th. Morgan Stanley upped their price objective on Marriott International from $328.00 to $331.00 and gave the company an “overweight” rating in a research note on Tuesday. Finally, Wells Fargo & Company lifted their target price on Marriott International from $353.00 to $403.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $343.47.

Insider Activity at Marriott International

In other Marriott International news, insider William P. Brown sold 9,456 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $358.25, for a total value of $3,387,612.00. Following the sale, the insider owned 11,000 shares of the company’s stock, valued at approximately $3,940,750. This represents a 46.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Benjamin T. Breland sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $358.03, for a total transaction of $716,060.00. Following the transaction, the executive vice president owned 26,399 shares of the company’s stock, valued at $9,451,633.97. This trade represents a 7.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 97,157 shares of company stock valued at $34,768,825 in the last 90 days. 10.68% of the stock is owned by corporate insiders.

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.