Field & Main Bank Invests $929,000 in Marriott International, Inc. $MAR

Field & Main Bank purchased a new stake in Marriott International, Inc. (NASDAQ:MARFree Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 2,506 shares of the company’s stock, valued at approximately $929,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of MAR. Evelyn Partners Investment Management Services Ltd purchased a new position in shares of Marriott International in the first quarter worth approximately $25,000. McMillan Office Inc. purchased a new stake in shares of Marriott International in the 4th quarter valued at approximately $27,000. Kemnay Advisory Services Inc. acquired a new position in Marriott International in the 4th quarter worth approximately $27,000. Wilkerson Advisory Group LLC grew its position in Marriott International by 127.0% during the 1st quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock worth $27,000 after purchasing an additional 47 shares in the last quarter. Finally, IMG Wealth Management Inc. raised its stake in Marriott International by 100.0% during the 1st quarter. IMG Wealth Management Inc. now owns 82 shares of the company’s stock valued at $27,000 after purchasing an additional 41 shares during the period. Institutional investors and hedge funds own 70.70% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on MAR shares. Erste Group Bank assumed coverage on Marriott International in a research report on Thursday. They issued a “buy” rating for the company. China Intl Cap raised Marriott International to a “strong-buy” rating in a research note on Wednesday, August 12th. Barclays decreased their price objective on Marriott International from $379.00 to $348.00 and set an “equal weight” rating for the company in a research report on Tuesday, August 4th. UBS Group dropped their target price on Marriott International from $412.00 to $395.00 and set a “neutral” rating on the stock in a report on Thursday, August 20th. Finally, Sanford C. Bernstein set a $412.00 price target on shares of Marriott International in a report on Monday, June 15th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, Marriott International currently has an average rating of “Moderate Buy” and a consensus target price of $385.65.

Read Our Latest Analysis on Marriott International

Marriott International Stock Down 0.8%

MAR stock opened at $351.08 on Friday. The firm has a 50 day moving average of $366.40 and a two-hundred day moving average of $358.94. Marriott International, Inc. has a 12 month low of $256.76 and a 12 month high of $410.98. The company has a market capitalization of $91.55 billion, a price-to-earnings ratio of 36.38, a P/E/G ratio of 2.75 and a beta of 1.10.

Marriott International (NASDAQ:MARGet Free Report) last released its quarterly earnings results on Monday, August 3rd. The company reported $3.19 earnings per share for the quarter, beating analysts’ consensus estimates of $3.08 by $0.11. The business had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $7.19 billion. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. Marriott International’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter last year, the firm earned $2.65 EPS. 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. On average, research analysts expect that Marriott International, Inc. will post 11.7 EPS for the current fiscal year.

Marriott International Dividend Announcement

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

About Marriott International

(Free Report)

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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Institutional Ownership by Quarter for Marriott International (NASDAQ:MAR)

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