Cidel Asset Management Inc. Has $28.13 Million Holdings in Marriott International, Inc. $MAR

Key Points

• Cidel Asset Management increased its Marriott International stake by 7.8% in the first quarter, bringing its position to 86,003 shares valued at about $28.13 million. Marriott now makes up roughly 1.5% of the firm’s portfolio.
• Marriott reported better-than-expected quarterly earnings of $2.72 per share, topping estimates, and its revenue rose 6.2% year over year. The company also issued FY 2026 guidance and analysts currently hold a Moderate Buy consensus with an average price target of $384.73.
• The company raised its quarterly dividend to $0.73 per share from $0.67, signaling a modest increase in shareholder returns. At the same time, EVP Peggy Roe sold 3,000 shares, reducing her stake by 13.14%.

Cidel Asset Management Inc. lifted its stake in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) by 7.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 86,003 shares of the company's stock after purchasing an additional 6,234 shares during the period. Marriott International makes up about 1.5% of Cidel Asset Management Inc.'s investment portfolio, making the stock its 19th biggest position. Cidel Asset Management Inc.'s holdings in Marriott International were worth $28,129,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Kemnay Advisory Services Inc. bought a new position in Marriott International in the 4th quarter valued at $27,000. McMillan Office Inc. bought a new stake in shares of Marriott International during the fourth quarter worth $27,000. Triumph Capital Management acquired a new position in shares of Marriott International during the third quarter valued at $28,000. Basepoint Wealth LLC bought a new position in Marriott International in the fourth quarter valued at about $28,000. Finally, Godfrey Financial Associates Inc. acquired a new stake in Marriott International in the fourth quarter worth about $31,000. Institutional investors and hedge funds own 70.70% of the company's stock.

Insider Activity at Marriott International

In related news, EVP Peggy Roe sold 3,000 shares of the firm's stock in a transaction on Monday, May 18th. The stock was sold at an average price of $361.56, for a total transaction of $1,084,680.00. Following the sale, 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 position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 11.43% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

MAR has been the topic of a number of research reports. Robert W. Baird cut their target price on shares of Marriott International from $388.00 to $386.00 and set a "neutral" rating on the stock in a research report on Thursday, May 7th. Susquehanna boosted their price target on shares of Marriott International from $280.00 to $385.00 and gave the stock a "neutral" rating in a research note on Thursday, April 23rd. Truist Financial increased their price objective on shares of Marriott International from $350.00 to $356.00 and gave the company a "hold" rating in a report on Tuesday, May 26th. UBS Group raised their price objective on shares of Marriott International from $336.00 to $412.00 and gave the company a "neutral" rating in a research note on Monday, June 15th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of Marriott International in a research note on Monday, May 11th. Eight investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $384.73.

Marriott International Price Performance

Shares of MAR stock opened at $386.83 on Wednesday. The stock has a market cap of $102.00 billion, a PE ratio of 40.59, a price-to-earnings-growth ratio of 3.06 and a beta of 1.10. The stock has a 50-day moving average of $373.04 and a 200-day moving average of $341.71. Marriott International, Inc. has a one year low of $253.76 and a one year high of $410.98.

Marriott International (NASDAQ:MAR - Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.56 by $0.16. Marriott International had a net margin of 9.72% and a negative return on equity of 80.97%. The business had revenue of $1.81 billion for the quarter, compared to analyst estimates of $6.59 billion. During the same quarter last year, the firm earned $2.32 EPS. Marriott International's quarterly 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, research analysts anticipate that Marriott International, Inc. will post 11.64 earnings per share for the current year.

Marriott International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd will be issued a $0.73 dividend. This is a positive change from Marriott International's previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $2.92 annualized dividend and a dividend yield of 0.8%. Marriott International's dividend payout ratio (DPR) is presently 30.64%.

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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