Teachers Retirement System of The State of Kentucky Sells 5,849 Shares of Marriott International, Inc. $MAR

Key Points

• Teachers Retirement System of the State of Kentucky sold 5,849 shares of Marriott, trimming its stake by 10.5% to 49,874 shares valued at about $15.47 million at the end of the quarter.
• Several brokers have raised ratings and price targets for Marriott (e.g., BMO to "outperform", Jefferies to $415), leaving a MarketBeat consensus of Moderate Buy with a $357.27 price target.
• Marriott slightly missed EPS ($2.58 vs. $2.61 est.) while revenue rose 4.1% year-over-year, and insiders have sold roughly 95,540 shares (~$34.3 million) over the past three months.

Teachers Retirement System of The State of Kentucky lowered its holdings in Marriott International, Inc. (NASDAQ:MAR - Free Report) by 10.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 49,874 shares of the company's stock after selling 5,849 shares during the period. Teachers Retirement System of The State of Kentucky's holdings in Marriott International were worth $15,473,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Wellington Management Group LLP raised its position in shares of Marriott International by 21.7% in the third quarter. Wellington Management Group LLP now owns 9,175,377 shares of the company's stock valued at $2,389,635,000 after buying an additional 1,637,119 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in Marriott International by 7.2% during the third quarter. Massachusetts Financial Services Co. MA now owns 4,921,767 shares of the company's stock worth $1,281,825,000 after buying an additional 330,952 shares in the last quarter. Amundi increased its stake in Marriott International by 52.0% during the 3rd quarter. Amundi now owns 741,408 shares of the company's stock worth $201,618,000 after acquiring an additional 253,696 shares during the period. Vanguard Group Inc. raised its holdings in Marriott International by 1.1% in the 3rd quarter. Vanguard Group Inc. now owns 20,774,015 shares of the company's stock valued at $5,410,384,000 after acquiring an additional 230,820 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its position in shares of Marriott International by 26.2% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 846,740 shares of the company's stock valued at $220,525,000 after acquiring an additional 175,637 shares during the period. 70.70% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on MAR. BMO Capital Markets upgraded Marriott International from a "market perform" rating to an "outperform" rating and raised their price target for the stock from $285.00 to $370.00 in a research report on Friday, January 9th. Jefferies Financial Group upped their price objective on shares of Marriott International from $357.00 to $415.00 and gave the stock a "buy" rating in a research report on Wednesday, February 11th. Wells Fargo & Company raised their target price on shares of Marriott International from $353.00 to $403.00 and gave the company an "overweight" 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. Finally, 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 report on Wednesday, February 11th. 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 stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $357.27.

Marriott International Price Performance

Shares of MAR stock opened at $367.15 on Monday. The business has a fifty day simple moving average of $341.12 and a 200 day simple moving average of $315.23. The company has a market cap of $97.27 billion, a P/E ratio of 38.69, a P/E/G ratio of 3.23 and a beta of 1.10. Marriott International, Inc. has a twelve month low of $231.21 and a twelve month high of $380.00.

Marriott International (NASDAQ:MAR - Get Free Report) last released its earnings results on Tuesday, February 10th. The company reported $2.58 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.61 by ($0.03). The business had revenue of $6.69 billion during the quarter, compared to the consensus estimate of $6.67 billion. Marriott International had a net margin of 9.93% and a negative return on equity of 84.23%. The business's revenue was up 4.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.45 EPS. 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 research analysts anticipate that Marriott International, Inc. will post 11.64 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, February 26th were paid a $0.67 dividend. 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 presently 28.24%.

Insider Transactions at Marriott International

In other news, insider Rajeev Menon sold 3,492 shares of the stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $354.00, for a total value of $1,236,168.00. Following the completion of the transaction, the insider directly owned 6,000 shares in the company, valued at approximately $2,124,000. This represents a 36.79% decrease in their position. The sale 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 business's stock in a transaction on 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 sale, the executive vice president owned 8,221 shares in the company, valued at $2,957,998.01. This represents a 32.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 95,540 shares of company stock valued at $34,274,055. Corporate insiders own 11.43% of the company's stock.

About Marriott International

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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