Greenspring Advisors LLC acquired a new stake in Marriott International, Inc. (NASDAQ:MAR – Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 2,420 shares of the company’s stock, valued at approximately $751,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Triumph Capital Management acquired a new position in shares of Marriott International in the third quarter valued at $28,000. Basepoint Wealth LLC bought a new stake in shares of Marriott International in the fourth quarter valued at about $28,000. Godfrey Financial Associates Inc. bought a new stake in shares of Marriott International in the fourth quarter valued at about $31,000. Rachor Investment Advisory Services LLC bought a new stake in shares of Marriott International in the fourth quarter valued at about $32,000. Finally, Darwin Wealth Management LLC bought a new stake in shares of Marriott International in the second quarter valued at about $37,000. 70.70% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on MAR. JPMorgan Chase & Co. boosted their target price on shares of Marriott International from $356.00 to $383.00 and gave the company a “neutral” rating in a research report on Tuesday, April 21st. Morgan Stanley boosted their target price on shares of Marriott International from $350.00 to $353.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. Susquehanna upped their price objective on shares of Marriott International from $280.00 to $385.00 and gave the stock a “neutral” rating in a research report on Thursday, April 23rd. Robert W. Baird cut their price objective on shares of Marriott International from $388.00 to $386.00 and set a “neutral” rating for the company in a research report on Thursday, May 7th. Finally, Wells Fargo & Company upped their price objective on shares of Marriott International to $446.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Eight equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $382.07.
Marriott International Stock Up 2.3%
MAR opened at $385.30 on Friday. Marriott International, Inc. has a twelve month low of $253.55 and a twelve month high of $388.37. The company has a 50-day simple moving average of $357.38 and a 200 day simple moving average of $332.81. The stock has a market capitalization of $101.60 billion, a price-to-earnings ratio of 40.43, a P/E/G ratio of 3.00 and a beta of 1.10.
Marriott International (NASDAQ:MAR – Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported $2.72 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.16. The firm had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $6.59 billion. Marriott International had a net margin of 9.72% and a negative return on equity of 80.97%. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the business 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. Sell-side analysts anticipate that Marriott International, Inc. will post 11.64 EPS for the current fiscal year.
Marriott International Increases Dividend
The business also recently announced 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 represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. This is an increase from Marriott International’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Friday, May 22nd. Marriott International’s dividend payout ratio (DPR) is currently 30.64%.
Insider Activity at Marriott International
In other news, EVP Peggy Roe sold 3,000 shares of the stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $361.56, for a total value of $1,084,680.00. Following the completion of the transaction, the executive vice president owned 19,827 shares of the company’s stock, valued at approximately $7,168,650.12. This represents a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 11.43% of the company’s stock.
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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