Marriott International, Inc. $MAR Shares Acquired by Cassaday & Co Wealth Management LLC

Cassaday & Co Wealth Management LLC lifted its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 5.0% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 78,050 shares of the company’s stock after purchasing an additional 3,685 shares during the quarter. Marriott International comprises about 0.5% of Cassaday & Co Wealth Management LLC’s holdings, making the stock its 21st biggest holding. Cassaday & Co Wealth Management LLC’s holdings in Marriott International were worth $25,528,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Kemnay Advisory Services Inc. acquired a new position in Marriott International during the 4th quarter worth approximately $27,000. McMillan Office Inc. acquired a new stake in shares of Marriott International in the 4th quarter valued at $27,000. Basepoint Wealth LLC acquired a new position in shares of Marriott International during the fourth quarter worth $28,000. Scarborough Advisors LLC acquired a new position in shares of Marriott International during the first quarter worth $32,000. Finally, Godfrey Financial Associates Inc. purchased a new position in Marriott International in the fourth quarter valued at $31,000. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

Marriott International Stock Performance

Shares of MAR opened at $366.93 on Tuesday. Marriott International, Inc. has a fifty-two week low of $253.76 and a fifty-two week high of $410.98. The firm has a 50-day simple moving average of $376.76 and a 200-day simple moving average of $350.82. The company has a market capitalization of $96.76 billion, a price-to-earnings ratio of 38.50, a price-to-earnings-growth ratio of 2.91 and a beta of 1.11.

Marriott International (NASDAQ:MAR) last released its earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.56 by $0.16. The business 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%.The company’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the company 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. Equities research analysts forecast that Marriott International, Inc. will post 11.64 EPS for the current year.

Marriott International Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, May 22nd were paid a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. This is a boost from Marriott International’s previous quarterly dividend of $0.67. The ex-dividend date was Friday, May 22nd. Marriott International’s dividend payout ratio (DPR) is presently 30.64%.

Insider Transactions at Marriott International

In other Marriott International news, EVP Peggy Roe sold 3,000 shares of the stock in a transaction on Monday, May 18th. The stock was 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 in the company, 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 SEC, which can be accessed through this link. Insiders own 11.43% of the company’s stock.

Analyst Upgrades and Downgrades

MAR has been the subject of a number of recent analyst reports. Sanford C. Bernstein set a $412.00 price target on Marriott International in a report on Monday, June 15th. Morgan Stanley raised their target price on Marriott International from $353.00 to $380.00 and gave the stock an “overweight” rating in a research report on Friday. Stifel Nicolaus upped their price target on Marriott International from $352.00 to $365.00 and gave the company a “hold” rating in a report on Friday. JPMorgan Chase & Co. increased their price target on shares of Marriott International from $356.00 to $383.00 and gave the company a “neutral” rating in a research note on Tuesday, April 21st. Finally, Robert W. Baird cut their price objective on shares of Marriott International from $388.00 to $386.00 and set a “neutral” rating on the stock in a report on Thursday, May 7th. Eight investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $385.38.

About Marriott International

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.