Hilltop Holdings Inc. Sells 2,131 Shares of Marriott International, Inc. $MAR

Hilltop Holdings Inc. cut its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 70.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 884 shares of the company’s stock after selling 2,131 shares during the period. Hilltop Holdings Inc.’s holdings in Marriott International were worth $289,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Wilkerson Advisory Group LLC boosted its position in shares of Marriott International by 127.0% during the 1st quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock valued at $27,000 after acquiring an additional 47 shares during the last quarter. Kemnay Advisory Services Inc. bought a new stake in Marriott International in the fourth quarter worth $27,000. McMillan Office Inc. purchased a new stake in Marriott International during the fourth quarter valued at $27,000. Basepoint Wealth LLC bought a new position in Marriott International during the fourth quarter valued at $28,000. Finally, Scarborough Advisors LLC purchased a new position in shares of Marriott International in the 1st quarter worth $32,000. Institutional investors own 70.70% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. TD Cowen upped their target price on shares of Marriott International from $410.00 to $420.00 and gave the company a “buy” rating in a research report on Tuesday, July 21st. Morgan Stanley boosted their price objective on Marriott International from $353.00 to $380.00 and gave the stock an “overweight” rating in a research note on Friday, July 17th. Weiss Ratings restated a “buy (b)” rating on shares of Marriott International in a research report on Monday, May 11th. Truist Financial lifted their target price on Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a report on Tuesday, May 26th. Finally, Susquehanna boosted their target price on Marriott International from $280.00 to $385.00 and gave the company a “neutral” rating in a research report on Thursday, April 23rd. Nine analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $388.59.

Insider Buying and Selling

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 sale, the executive vice president owned 19,827 shares in the company, valued at $7,168,650.12. This trade 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 at this hyperlink. 11.43% of the stock is owned by company insiders.

Marriott International Trading Up 0.1%

Shares of NASDAQ:MAR opened at $383.52 on Wednesday. Marriott International, Inc. has a 12 month low of $253.76 and a 12 month high of $410.98. The company has a market capitalization of $101.13 billion, a price-to-earnings ratio of 40.24, a PEG ratio of 3.00 and a beta of 1.11. The firm’s 50-day moving average is $379.12 and its 200 day moving average is $353.34.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.56 by $0.16. The business had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $6.59 billion. Marriott International had a net margin of 9.72% and a negative return on equity of 80.97%. The firm’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the firm 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. As a group, equities analysts forecast that Marriott International, Inc. will post 11.66 EPS for the current fiscal year.

Marriott International Increases Dividend

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

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.