Fulton Bank N.A. Grows Position in Marriott International, Inc. $MAR

Fulton Bank N.A. grew its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 164.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,398 shares of the company’s stock after acquiring an additional 5,227 shares during the quarter. Fulton Bank N.A.’s holdings in Marriott International were worth $3,112,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in MAR. Frederick Financial Consultants LLC increased its position in shares of Marriott International by 0.8% during the fourth quarter. Frederick Financial Consultants LLC now owns 3,531 shares of the company’s stock worth $1,095,000 after acquiring an additional 28 shares during the last quarter. World Equity Group Inc. grew its stake in Marriott International by 2.0% during the 2nd quarter. World Equity Group Inc. now owns 1,437 shares of the company’s stock valued at $533,000 after purchasing an additional 28 shares in the last quarter. Haven Capital Group Inc. increased its holdings in Marriott International by 0.3% during the 1st quarter. Haven Capital Group Inc. now owns 10,064 shares of the company’s stock worth $3,292,000 after purchasing an additional 30 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in shares of Marriott International by 1.2% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,472 shares of the company’s stock valued at $808,000 after purchasing an additional 30 shares in the last quarter. Finally, Paragon Private Wealth Management LLC boosted its stake in shares of Marriott International by 4.4% during the 1st quarter. Paragon Private Wealth Management LLC now owns 743 shares of the company’s stock valued at $243,000 after buying an additional 31 shares during the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

Marriott International Price Performance

NASDAQ:MAR opened at $348.44 on Tuesday. Marriott International, Inc. has a 12-month low of $256.49 and a 12-month high of $410.98. The business has a 50 day simple moving average of $376.48 and a 200 day simple moving average of $355.69. The firm has a market capitalization of $90.86 billion, a P/E ratio of 36.11, a P/E/G ratio of 2.75 and a beta of 1.10.

Marriott International (NASDAQ:MAR) last posted its earnings results on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.08 by $0.11. The company had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $7.19 billion. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period last year, the business posted $2.65 earnings per share. Marriott International has set its FY 2026 guidance at 11.640-11.810 EPS and its Q3 2026 guidance at 2.740-2.820 EPS. Research analysts anticipate that Marriott International, Inc. will post 11.7 EPS for the current fiscal year.

Marriott International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, August 20th will be given a $0.73 dividend. The ex-dividend date is Thursday, August 20th. This represents a $2.92 annualized dividend and a yield of 0.8%. Marriott International’s dividend payout ratio is 30.26%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on MAR. JPMorgan Chase & Co. lifted their price target on shares of Marriott International from $387.00 to $400.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 21st. Sanford C. Bernstein set a $412.00 price objective on shares of Marriott International in a report on Monday, June 15th. Wells Fargo & Company cut their target price on shares of Marriott International from $449.00 to $425.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 4th. Robert W. Baird reduced their price target on shares of Marriott International from $394.00 to $393.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 4th. Finally, Susquehanna boosted their price objective on Marriott International from $280.00 to $385.00 and gave the company a “neutral” rating in a report on Thursday, April 23rd. Nine research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, Marriott International currently has an average rating of “Moderate Buy” and a consensus target price of $386.65.

Insider Activity at Marriott International

In other Marriott International 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 value of $1,084,680.00. Following the sale, the executive vice president 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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.