Inceptionr LLC purchased a new stake in shares of Marriott International, Inc. (NASDAQ:MAR – Free Report) during the first quarter, Holdings Channel.com reports. The firm purchased 2,277 shares of the company’s stock, valued at approximately $745,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. Gibbs Wealth Management acquired a new position in shares of Marriott International in the 1st quarter valued at $490,000. Lido Advisors LLC grew its stake in Marriott International by 31.3% during the 1st quarter. Lido Advisors LLC now owns 17,033 shares of the company’s stock valued at $5,571,000 after purchasing an additional 4,056 shares during the last quarter. State of Wyoming increased its holdings in shares of Marriott International by 731.8% in the first quarter. State of Wyoming now owns 732 shares of the company’s stock valued at $239,000 after purchasing an additional 644 shares during the period. Cetera Investment Advisers raised its stake in shares of Marriott International by 4.6% in the first quarter. Cetera Investment Advisers now owns 98,168 shares of the company’s stock worth $32,108,000 after purchasing an additional 4,316 shares during the last quarter. Finally, First Trust Advisors LP lifted its holdings in shares of Marriott International by 115.7% during the first quarter. First Trust Advisors LP now owns 133,155 shares of the company’s stock worth $43,551,000 after purchasing an additional 71,425 shares during the period. 70.70% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
MAR has been the topic of several research reports. Sanford C. Bernstein set a $412.00 price target on shares of Marriott International in a report on Monday, June 15th. Mizuho upped their price objective 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. Stifel Nicolaus increased their price objective on shares of Marriott International from $352.00 to $365.00 and gave the stock a “hold” rating in a research note on Friday, July 17th. Weiss Ratings reissued a “buy (b)” rating on shares of Marriott International in a report on Monday, May 11th. Finally, Robert W. Baird cut their price target on Marriott International from $388.00 to $386.00 and set a “neutral” rating on the stock in a research report on Thursday, May 7th. Nine analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $388.59.
Insiders Place Their Bets
In other Marriott International news, EVP Peggy Roe sold 3,000 shares of the company’s stock in a transaction on 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 transaction, the executive vice president directly 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 is accessible through this hyperlink. Corporate insiders own 11.43% of the company’s stock.
More Marriott International News
Here are the key news stories impacting Marriott International this week:
- Positive Sentiment: Marriott signed a dual agreement with Catalonia Hotels & Resorts to add all-inclusive properties in Jamaica and Tanzania, expanding its global all-inclusive portfolio and deepening its presence in popular leisure markets. Marriott International Signs Dual Agreement with Catalonia Hotels & Resorts to Bring All-Inclusive Properties to Jamaica and Tanzania
- Positive Sentiment: Additional coverage highlighted Marriott’s expanding all-inclusive footprint in Jamaica and Zanzibar, reinforcing the company’s growth strategy in resort travel. Marriott Expands All-Inclusive Footprint with New Properties in Jamaica, Zanzibar
- Positive Sentiment: Analyst commentary turned more upbeat, with TD Cowen raising its price target to $420 and other firms citing upside potential for MAR. TD Cowen Raises Marriott International (NASDAQ:MAR) Price Target to $420.00
- Positive Sentiment: Marriott also announced new consumer-facing promotions, including a wedding campaign in the Philippines and an expanded holiday “ice” attraction, which can support brand engagement and ancillary demand. ‘Where Love Takes You’: Marriott International PH launches first wedding campaign
Marriott International Trading Up 2.7%
NASDAQ MAR opened at $374.43 on Friday. The stock has a market capitalization of $98.73 billion, a price-to-earnings ratio of 39.29, a PEG ratio of 2.85 and a beta of 1.11. The stock has a 50-day moving average of $378.14 and a 200 day moving average of $352.16. Marriott International, Inc. has a twelve month low of $253.76 and a twelve month high of $410.98.
Marriott International (NASDAQ:MAR – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $2.72 EPS for the quarter, beating the consensus estimate of $2.56 by $0.16. The company 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%.Marriott International’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period last year, the company 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. Equities analysts predict that Marriott International, Inc. will post 11.66 EPS for the current fiscal year.
Marriott International Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, May 22nd were issued a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Friday, May 22nd. This is a boost from Marriott International’s previous quarterly dividend of $0.67. Marriott International’s payout ratio is presently 30.64%.
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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