MidFirst Bank Takes $1.46 Million Position in Marriott International, Inc. $MAR

MidFirst Bank bought a new position in shares of Marriott International, Inc. (NASDAQ:MARFree Report) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 4,690 shares of the company’s stock, valued at approximately $1,455,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kemnay Advisory Services Inc. acquired a new position in shares of Marriott International during the 4th quarter worth about $27,000. McMillan Office Inc. acquired a new stake in shares of Marriott International in the fourth quarter valued at about $27,000. Basepoint Wealth LLC bought a new stake in Marriott International during the fourth quarter worth about $28,000. Godfrey Financial Associates Inc. acquired a new position in Marriott International during the fourth quarter valued at approximately $31,000. Finally, Advocate Investing Services LLC bought a new position in Marriott International in the fourth quarter valued at approximately $31,000. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Peggy Roe sold 3,000 shares of the company’s stock in a transaction dated 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 owned 19,827 shares of the company’s stock, valued at $7,168,650.12. This represents a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 11.43% of the stock is currently owned by company insiders.

Marriott International Stock Performance

Shares of MAR opened at $396.20 on Friday. Marriott International, Inc. has a 12 month low of $253.76 and a 12 month high of $410.98. The firm’s 50 day moving average is $371.76 and its 200-day moving average is $340.33. The stock has a market capitalization of $104.47 billion, a PE ratio of 41.57, a P/E/G ratio of 3.15 and a beta of 1.10.

Marriott International (NASDAQ:MARGet Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.56 by $0.16. Marriott International had a negative return on equity of 80.97% and a net margin of 9.72%.The business had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $6.59 billion. During the same quarter in the prior year, the business posted $2.32 earnings per share. The firm’s quarterly revenue was up 6.2% compared to the same quarter last year. 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. Equities research analysts predict that Marriott International, Inc. will post 11.64 earnings per share for the current fiscal year.

Marriott International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 22nd will be given a $0.73 dividend. The ex-dividend date is Friday, May 22nd. This is an increase from Marriott International’s previous quarterly dividend of $0.67. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.7%. Marriott International’s dividend payout ratio (DPR) is 30.64%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on MAR. Morgan Stanley upped their price objective on Marriott International from $350.00 to $353.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. Mizuho boosted their target price on shares of Marriott International from $343.00 to $384.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of Marriott International in a research note on Monday, May 11th. Barclays lifted their price objective on shares of Marriott International from $372.00 to $376.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. Finally, Truist Financial increased their price target on Marriott International from $350.00 to $356.00 and gave the company a “hold” rating in a research note on Tuesday, May 26th. Eight investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Marriott International has an average rating of “Moderate Buy” and a consensus price target of $384.73.

Get Our Latest Stock Analysis on MAR

Marriott International Profile

(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

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

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