CIBC Bancorp USA Inc. Purchases New Shares in Marriott International, Inc. $MAR

CIBC Bancorp USA Inc. purchased a new position in shares of Marriott International, Inc. (NASDAQ:MAR) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 41,293 shares of the company’s stock, valued at approximately $10,754,000.

Several other large investors also recently modified their holdings of the business. National Pension Service boosted its holdings in Marriott International by 1.6% in the third quarter. National Pension Service now owns 603,431 shares of the company’s stock valued at $157,158,000 after purchasing an additional 9,530 shares during the last quarter. AustralianSuper Pty Ltd purchased a new stake in Marriott International during the 3rd quarter worth approximately $858,000. Legal & General Group Plc raised its position in shares of Marriott International by 9.3% in the 3rd quarter. Legal & General Group Plc now owns 1,465,420 shares of the company’s stock valued at $381,654,000 after purchasing an additional 124,759 shares in the last quarter. Lansforsakringar Fondforvaltning AB publ grew its position in shares of 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 in the last quarter. Finally, Headwater Capital Co Ltd bought a new stake in shares of Marriott International in the second quarter worth $21,857,000. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Marriott International

In other Marriott International news, insider William P. Brown sold 9,456 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $358.25, for a total transaction of $3,387,612.00. Following the completion of the transaction, the insider directly owned 11,000 shares of the company’s stock, valued at $3,940,750. The trade was a 46.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Rajeev Menon sold 3,492 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $354.00, for a total transaction of $1,236,168.00. Following the completion of the sale, the insider owned 6,000 shares in the company, valued at $2,124,000. The trade was a 36.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 95,540 shares of company stock worth $34,274,055 over the last 90 days. Corporate insiders own 10.68% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on MAR. Truist Financial increased their price objective on shares of Marriott International from $283.00 to $350.00 and gave the company a “hold” rating in a research note on Wednesday, February 11th. The Goldman Sachs Group boosted 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. JPMorgan Chase & Co. increased their price target on shares of Marriott International from $323.00 to $356.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 11th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Marriott International in a research note on Thursday, January 22nd. Finally, Barclays upped their price objective on Marriott International from $320.00 to $356.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 11th. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, Marriott International currently has an average rating of “Moderate Buy” and an average target price of $343.47.

Marriott International Trading Up 0.7%

Shares of Marriott International stock opened at $324.89 on Friday. Marriott International, Inc. has a twelve month low of $205.40 and a twelve month high of $370.00. The stock has a market capitalization of $86.09 billion, a price-to-earnings ratio of 34.23, a PEG ratio of 2.84 and a beta of 1.09. The business’s 50 day simple moving average is $331.31 and its 200-day simple moving average is $299.98.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $2.58 EPS for the quarter, missing analysts’ consensus estimates of $2.61 by ($0.03). The company had revenue of $6.69 billion for the quarter, compared to the consensus estimate of $6.67 billion. Marriott International had a negative return on equity of 84.23% and a net margin of 9.93%.Marriott International’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.45 earnings per share. 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. Sell-side analysts predict that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Announces Dividend

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

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.