Arizona State Retirement System Cuts Position in Marriott International, Inc. $MAR

Key Points

• Arizona State Retirement System cut its holdings in Marriott by 4.1%, selling 2,813 shares to finish the quarter with 65,176 shares valued at $20.22 million.
• Analysts have raised price targets on MAR, leaving a consensus rating of Moderate Buy and a consensus price target of $357.27.
• Insiders sold 95,540 shares in the past 90 days (about $34.27 million), including notable sales of 9,456 shares by William P. Brown and 4,000 shares by EVP Drew Pinto.

Arizona State Retirement System cut its holdings in Marriott International, Inc. (NASDAQ:MAR - Free Report) by 4.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 65,176 shares of the company's stock after selling 2,813 shares during the period. Arizona State Retirement System's holdings in Marriott International were worth $20,220,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Triumph Capital Management bought a new position in shares of Marriott International during the third quarter valued at about $28,000. Darwin Wealth Management LLC bought a new position in shares of Marriott International during the second quarter valued at about $37,000. Root Financial Partners LLC bought a new position in Marriott International in the third quarter worth about $41,000. Smallwood Wealth Investment Management LLC raised its stake in Marriott International by 312.5% in the third quarter. Smallwood Wealth Investment Management LLC now owns 165 shares of the company's stock worth $43,000 after buying an additional 125 shares in the last quarter. Finally, ORG Wealth Partners LLC bought a new position in Marriott International in the third quarter worth about $44,000. 70.70% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently issued reports on MAR. Citigroup increased their price target on shares of Marriott International from $285.00 to $345.00 and gave the stock a "neutral" rating in a research note on Thursday, January 15th. Evercore increased their price target on shares of Marriott International from $320.00 to $350.00 and gave the stock an "outperform" rating in a research note on Thursday, January 22nd. Truist Financial increased their price target on shares of Marriott International from $283.00 to $350.00 and gave the stock a "hold" rating in a research note on Wednesday, February 11th. The Goldman Sachs Group increased their price target 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. Finally, Barclays increased their price target on shares of Marriott International from $356.00 to $372.00 and gave the stock an "equal weight" rating in a research note on Thursday, April 16th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat, Marriott International presently has an average rating of "Moderate Buy" and a consensus price target of $357.27.

Insiders Place Their Bets

In other Marriott International news, insider William P. Brown sold 9,456 shares of the stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $358.25, for a total value of $3,387,612.00. Following the transaction, the insider directly owned 11,000 shares in the company, valued at approximately $3,940,750. This trade represents a 46.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Drew Pinto sold 4,000 shares of the firm's stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $359.81, for a total transaction of $1,439,240.00. Following the sale, the executive vice president owned 8,221 shares in the company, valued at $2,957,998.01. The trade was a 32.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 95,540 shares of company stock valued at $34,274,055. 11.43% of the stock is currently owned by corporate insiders.

Marriott International Trading Down 0.3%

MAR opened at $367.15 on Friday. Marriott International, Inc. has a 1-year low of $231.21 and a 1-year high of $380.00. The company has a market capitalization of $97.27 billion, a PE ratio of 38.69, a PEG ratio of 3.23 and a beta of 1.10. The firm's 50 day simple moving average is $341.12 and its two-hundred day simple moving average is $314.57.

Marriott International (NASDAQ:MAR - Get Free Report) last released its quarterly earnings results on Tuesday, February 10th. The company reported $2.58 earnings per share for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $6.67 billion. During the same quarter in the previous year, the business posted $2.45 earnings per share. The firm's 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. Equities analysts forecast that Marriott International, Inc. will post 11.68 earnings per share for the current fiscal year.

Marriott International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, February 26th were given a $0.67 dividend. The ex-dividend date was Thursday, February 26th. This represents a $2.68 annualized dividend and a yield of 0.7%. Marriott International's dividend payout ratio (DPR) is presently 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.

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