Marriott International, Inc. $MAR Holdings Lifted by Kinsale Capital Group Inc.

Kinsale Capital Group Inc. increased its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 5.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,463 shares of the company’s stock after acquiring an additional 1,702 shares during the period. Marriott International makes up about 1.7% of Kinsale Capital Group Inc.’s investment portfolio, making the stock its 24th largest position. Kinsale Capital Group Inc.’s holdings in Marriott International were worth $10,618,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of MAR. Bartlett & CO. Wealth Management LLC lifted its stake in Marriott International by 1.5% during the first quarter. Bartlett & CO. Wealth Management LLC now owns 6,213 shares of the company’s stock valued at $2,157,000 after purchasing an additional 90 shares during the last quarter. SK Wealth Management LLC grew its position in Marriott International by 1.0% in the first quarter. SK Wealth Management LLC now owns 3,417 shares of the company’s stock worth $1,155,000 after buying an additional 33 shares during the last quarter. Cornerstone Planning Group LLC increased its holdings in shares of Marriott International by 92.6% in the first quarter. Cornerstone Planning Group LLC now owns 156 shares of the company’s stock valued at $55,000 after buying an additional 75 shares in the last quarter. Modera Wealth Management LLC lifted its position in shares of Marriott International by 2.6% during the 1st quarter. Modera Wealth Management LLC now owns 4,869 shares of the company’s stock valued at $1,593,000 after acquiring an additional 122 shares during the last quarter. Finally, Townsend Asset Management Corp NC ADV boosted its stake in shares of Marriott International by 3.5% during the 1st quarter. Townsend Asset Management Corp NC ADV now owns 21,860 shares of the company’s stock worth $7,150,000 after acquiring an additional 741 shares in the last quarter. 70.70% of the stock is owned by institutional investors and hedge funds.

Marriott International Stock Down 1.3%

Shares of Marriott International stock opened at $366.24 on Friday. Marriott International, Inc. has a 12 month low of $253.76 and a 12 month high of $410.98. The stock has a market cap of $96.57 billion, a PE ratio of 38.43, a price-to-earnings-growth ratio of 2.91 and a beta of 1.11. The business has a fifty day simple moving average of $376.48 and a 200-day simple moving average of $350.20.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.56 by $0.16. The firm had revenue of $1.81 billion for the quarter, compared to analyst estimates of $6.59 billion. Marriott International had a negative return on equity of 80.97% and a net margin of 9.72%.Marriott International’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the firm earned $2.32 earnings per share. 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 expect that Marriott International, Inc. will post 11.64 EPS for the current fiscal year.

Marriott International Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd were issued a $0.73 dividend. The ex-dividend date was Friday, May 22nd. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. This is a positive change from Marriott International’s previous quarterly dividend of $0.67. Marriott International’s dividend payout ratio is currently 30.64%.

Insider Activity at Marriott International

In related news, EVP Peggy Roe sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $361.56, for a total transaction of $1,084,680.00. Following the completion of the sale, the executive vice president directly owned 19,827 shares in the company, 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 document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 11.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Mizuho boosted their target price on Marriott International from $343.00 to $384.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Barclays lifted their price target 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 report on Monday, June 15th. Stifel Nicolaus raised their target price on shares of Marriott International from $352.00 to $365.00 and gave the stock a “hold” rating in a report on Friday. Finally, Wells Fargo & Company lifted their target price on shares of Marriott International from $446.00 to $449.00 and gave the stock an “overweight” rating in a research report on Thursday. Eight investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $385.38.

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.