Pictet Asset Management Holding SA Grows Stock Holdings in Marriott International, Inc. $MAR

Key Points

• Pictet Asset Management raised its stake in Marriott by 11.3% in Q4, buying 52,400 shares to hold 514,873 shares valued at about $159.7 million (≈0.19% of the company).
• Company insiders have been net sellers: CEO Anthony Capuano sold 63,000 shares for $22.63 million and insiders disposed of 95,540 shares totaling $34.27 million over the past 90 days.
• Analysts have lifted targets recently and the consensus rating is a "Moderate Buy" with a $357.27 price target, while MAR trades near $360.67 and has a market cap of roughly $95.6 billion.

Pictet Asset Management Holding SA lifted its position in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) by 11.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 514,873 shares of the company's stock after purchasing an additional 52,400 shares during the period. Pictet Asset Management Holding SA owned about 0.19% of Marriott International worth $159,734,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of MAR. Elevated Financial Group LLC acquired a new stake in Marriott International during the 4th quarter worth $1,087,000. Facet Wealth Inc. acquired a new stake in Marriott International during the 4th quarter worth $376,000. Quent Capital LLC raised its stake in Marriott International by 5.4% during the 4th quarter. Quent Capital LLC now owns 1,090 shares of the company's stock worth $338,000 after acquiring an additional 56 shares in the last quarter. Veracity Capital LLC acquired a new stake in Marriott International during the 4th quarter worth $202,000. Finally, Resonant Capital Advisors LLC acquired a new position in Marriott International in the fourth quarter valued at $251,000. 70.70% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP Drew Pinto sold 4,000 shares of the company's stock in a transaction that occurred 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 completion of the transaction, the executive vice president owned 8,221 shares of the company's stock, valued at approximately $2,957,998.01. This represents a 32.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Anthony Capuano sold 63,000 shares of the company's stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $359.22, for a total transaction of $22,630,860.00. Following the transaction, the chief executive officer directly owned 113,617 shares of the company's stock, valued at $40,813,498.74. This trade represents a 35.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 95,540 shares of company stock valued at $34,274,055 in the last ninety days. 11.43% of the stock is owned by company insiders.

Analyst Ratings Changes

Several analysts have recently weighed in on MAR shares. Citigroup lifted their target price on shares of Marriott International from $285.00 to $345.00 and gave the company a "neutral" rating in a report on Thursday, January 15th. The Goldman Sachs Group boosted their price objective on shares of Marriott International from $355.00 to $398.00 and gave the stock a "buy" rating in a report on Wednesday, February 11th. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Marriott International in a report on Thursday, January 22nd. Susquehanna upped their price target on shares of Marriott International from $280.00 to $385.00 and gave the company a "neutral" rating in a report on Thursday, April 23rd. Finally, Morgan Stanley boosted their price objective on shares of Marriott International from $331.00 to $350.00 and gave the company an "overweight" rating in a research report on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $357.27.

Marriott International Stock Performance

Shares of MAR stock opened at $360.67 on Tuesday. Marriott International, Inc. has a one year low of $231.21 and a one year high of $380.00. The company has a 50 day moving average price of $341.26 and a 200 day moving average price of $315.89. The firm has a market capitalization of $95.55 billion, a price-to-earnings ratio of 38.01, a price-to-earnings-growth ratio of 3.23 and a beta of 1.10.

Marriott International (NASDAQ:MAR - Get Free Report) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $2.58 EPS 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 company had revenue of $6.69 billion for the quarter, compared to analyst estimates of $6.67 billion. During the same period last year, the company posted $2.45 EPS. The business's revenue for the quarter 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. As a group, equities analysts forecast that Marriott International, Inc. will post 11.64 EPS for the current fiscal year.

Marriott International Announces Dividend

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

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