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Mitsubishi UFJ Asset Management Co. Ltd. Purchases 25,069 Shares of Marriott International, Inc. $MAR

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Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Marriott International, Inc. (NASDAQ:MAR - Free Report) by 5.2% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 504,150 shares of the company's stock after purchasing an additional 25,069 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.19% of Marriott International worth $158,006,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. 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 acquiring an additional 9,530 shares in the last quarter. Legal & General Group Plc boosted its holdings in Marriott International by 9.3% in the third quarter. Legal & General Group Plc now owns 1,465,420 shares of the company's stock valued at $381,654,000 after acquiring an additional 124,759 shares in the last quarter. AustralianSuper Pty Ltd bought a new stake in Marriott International in the third quarter valued at $858,000. Lansforsakringar Fondforvaltning AB publ boosted its holdings in Marriott International by 5.8% in the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 73,759 shares of the company's stock valued at $19,210,000 after acquiring an additional 4,067 shares in the last quarter. Finally, Harbor Investment Advisory LLC boosted its holdings 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 acquiring an additional 14,898 shares in the last quarter. Institutional investors own 70.70% of the company's stock.

Insider Transactions at Marriott International

In other news, EVP Drew Pinto sold 4,000 shares of Marriott International stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $359.81, for a total value of $1,439,240.00. Following the completion of the transaction, the executive vice president owned 8,221 shares of the company's stock, valued at $2,957,998.01. The trade was a 32.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Rajeev Menon sold 6,333 shares of the business's stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $356.61, for a total value of $2,258,411.13. Following the completion of the transaction, the insider directly owned 9,492 shares of the company's stock, valued at approximately $3,384,942.12. This trade represents a 40.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 95,540 shares of company stock worth $34,274,055 over the last quarter. Corporate insiders own 11.43% of the company's stock.

More Marriott International News

Here are the key news stories impacting Marriott International this week:

Marriott International Trading Up 1.3%

Shares of Marriott International stock opened at $359.06 on Thursday. The firm has a market capitalization of $95.13 billion, a P/E ratio of 37.84, a P/E/G ratio of 2.97 and a beta of 1.11. The business has a fifty day simple moving average of $341.88 and a two-hundred day simple moving average of $319.21. Marriott International, Inc. has a 12 month low of $250.79 and a 12 month high of $380.00.

Marriott International (NASDAQ:MAR - Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.56 by $0.16. The firm had revenue of $1.81 billion during the quarter, compared to analyst estimates of $6.59 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 6.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.32 EPS. 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. Analysts predict that Marriott International, Inc. will post 11.66 earnings per share for the current year.

Marriott International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, February 26th were given a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, February 26th. Marriott International's payout ratio is currently 28.24%.

Analyst Ratings Changes

Several research firms recently weighed in on MAR. Jefferies Financial Group lifted their price target on shares of Marriott International from $357.00 to $415.00 and gave the company a "buy" rating in a report on Wednesday, February 11th. Truist Financial raised their price objective on Marriott International from $283.00 to $350.00 and gave the company a "hold" rating in a research report on Wednesday, February 11th. Morgan Stanley raised their price objective on Marriott International from $331.00 to $350.00 and gave the company an "overweight" rating in a research report on Friday, April 10th. Barclays raised their price objective on Marriott International from $356.00 to $372.00 and gave the company an "equal weight" rating in a research report on Thursday, April 16th. Finally, Wells Fargo & Company raised their price objective on Marriott International from $353.00 to $403.00 and gave the company an "overweight" rating in a research report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $362.43.

Check Out Our Latest Report on Marriott International

About Marriott International

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Marriott International (NASDAQ:MAR)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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