Independent Financial Group LLC purchased a new position in Marriott International, Inc. (NASDAQ:MAR – Free Report) in the first quarter, HoldingsChannel.com reports. The firm purchased 1,441 shares of the company’s stock, valued at approximately $471,000.
A number of other hedge funds also recently made changes to their positions in MAR. Brighton Jones LLC boosted its position in shares of Marriott International by 2.5% in the fourth quarter. Brighton Jones LLC now owns 8,887 shares of the company’s stock worth $2,479,000 after purchasing an additional 218 shares during the period. Empowered Funds LLC lifted its stake in shares of Marriott International by 39.1% during the 1st quarter. Empowered Funds LLC now owns 5,805 shares of the company’s stock valued at $1,383,000 after buying an additional 1,631 shares in the last quarter. Woodline Partners LP boosted its holdings in Marriott International by 39.6% in the 1st quarter. Woodline Partners LP now owns 19,332 shares of the company’s stock worth $4,605,000 after buying an additional 5,480 shares during the period. Intech Investment Management LLC increased its stake in Marriott International by 21.8% in the 1st quarter. Intech Investment Management LLC now owns 6,035 shares of the company’s stock worth $1,438,000 after buying an additional 1,079 shares in the last quarter. Finally, Sei Investments Co. lifted its position in shares of Marriott International by 3.8% in the second quarter. Sei Investments Co. now owns 137,329 shares of the company’s stock valued at $37,520,000 after acquiring an additional 5,007 shares in the last quarter. 70.70% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
MAR has been the subject of several research analyst reports. Robert W. Baird cut their target price on Marriott International from $388.00 to $386.00 and set a “neutral” rating for the company in a research report on Thursday, May 7th. Sanford C. Bernstein set a $412.00 price objective on shares of Marriott International in a report on Monday, June 15th. Susquehanna boosted their target price on shares of Marriott International from $280.00 to $385.00 and gave the stock a “neutral” rating in a report on Thursday, April 23rd. Stifel Nicolaus upped their target price on shares of Marriott International from $352.00 to $365.00 and gave the stock a “hold” rating in a research report on Friday, July 17th. Finally, Mizuho lifted their price target on shares of Marriott International from $343.00 to $384.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Nine analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $388.59.
Marriott International Stock Performance
NASDAQ MAR opened at $364.47 on Friday. The stock has a 50 day moving average price of $377.72 and a 200-day moving average price of $352.01. Marriott International, Inc. has a one year low of $253.76 and a one year high of $410.98. The company has a market capitalization of $96.11 billion, a P/E ratio of 38.24, a P/E/G ratio of 2.90 and a beta of 1.11.
Marriott International (NASDAQ:MAR – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.56 by $0.16. The company had revenue of $1.81 billion for 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%. Marriott International’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $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. As a group, equities analysts predict that Marriott International, Inc. will post 11.66 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 given a dividend of $0.73 per share. The ex-dividend date was Friday, May 22nd. This represents a $2.92 annualized dividend 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 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 trade represents a 13.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 11.43% of the company’s stock.
Marriott International Company 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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