BI Asset Management Fondsmaeglerselskab A S Increases Holdings in Marriott International, Inc. $MAR

Key Points

• BI Asset Management Fondsmaeglerselskab A S increased its Marriott International stake by 89.8% in the first quarter, ending with 29,754 shares valued at about $9.73 million.
• Marriott reported Q1 EPS of $2.72, topping analyst expectations, and raised its quarterly dividend to $0.73 per share from $0.67.
• Analysts remain broadly positive on MAR, with a Moderate Buy consensus and an average price target of $384.73, while Marriott shares recently traded above that level at $396.20.

BI Asset Management Fondsmaeglerselskab A S boosted its position in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) by 89.8% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 29,754 shares of the company's stock after purchasing an additional 14,075 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S's holdings in Marriott International were worth $9,732,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in MAR. Kemnay Advisory Services Inc. purchased a new position in Marriott International during the 4th quarter valued at about $27,000. McMillan Office Inc. purchased a new stake in shares of Marriott International in the 4th quarter worth approximately $27,000. Basepoint Wealth LLC bought a new position in shares of Marriott International during the fourth quarter valued at approximately $28,000. Godfrey Financial Associates Inc. purchased a new position in Marriott International during the fourth quarter valued at approximately $31,000. Finally, Advocate Investing Services LLC bought a new position in Marriott International in the fourth quarter worth approximately $31,000. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Marriott International

In other Marriott International news, EVP Peggy Roe sold 3,000 shares of the firm'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 completion of 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 11.43% of the company's stock.

Marriott International Price Performance

Shares of MAR stock opened at $396.20 on Monday. The stock's fifty day moving average price is $371.76 and its 200 day moving average price is $340.59. Marriott International, Inc. has a 1-year low of $253.76 and a 1-year high of $410.98. The company has a market cap of $104.47 billion, a price-to-earnings ratio of 41.57, a price-to-earnings-growth ratio of 3.15 and a beta of 1.10.

Marriott International (NASDAQ:MAR - Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 EPS for the quarter, beating 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 company had revenue of $1.81 billion during the quarter, compared to analysts' expectations of $6.59 billion. During the same period last year, the business posted $2.32 earnings per share. The firm's revenue was up 6.2% compared to the same quarter last year. 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 11.64 earnings per share for the current year.

Marriott International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd will be given a dividend of $0.73 per share. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $2.92 annualized dividend and a yield of 0.7%. This is a boost from Marriott International's previous quarterly dividend of $0.67. Marriott International's payout ratio is presently 30.64%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on MAR. Wells Fargo & Company increased their target price on Marriott International to $446.00 and gave the company an "overweight" rating in a research report on Thursday, May 7th. Barclays upped their price objective on Marriott International from $372.00 to $376.00 and gave the stock an "equal weight" rating in a research note on Thursday, May 7th. Sanford C. Bernstein set a $412.00 price objective on Marriott International in a research report on Monday, June 15th. JPMorgan Chase & Co. boosted their target price on shares of Marriott International from $356.00 to $383.00 and gave the stock a "neutral" rating in a report on Tuesday, April 21st. Finally, Morgan Stanley increased their price target on shares of Marriott International from $350.00 to $353.00 and gave the company an "overweight" rating in a research report on Tuesday, May 12th. Eight investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, Marriott International has a consensus rating of "Moderate Buy" and an average price target of $384.73.

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.

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