Lockheed Martin Investment Management Co. Buys 2,730 Shares of Marriott International, Inc. $MAR

Lockheed Martin Investment Management Co. boosted its holdings in Marriott International, Inc. (NASDAQ:MAR) by 11.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,610 shares of the company’s stock after purchasing an additional 2,730 shares during the period. Lockheed Martin Investment Management Co.’s holdings in Marriott International were worth $7,945,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the business. Riversedge Advisors LLC grew its position in Marriott International by 3.0% in the fourth quarter. Riversedge Advisors LLC now owns 1,149 shares of the company’s stock valued at $357,000 after purchasing an additional 33 shares in the last quarter. Modera Wealth Management LLC grew its position in Marriott International by 0.7% in the fourth quarter. Modera Wealth Management LLC now owns 4,747 shares of the company’s stock valued at $1,473,000 after purchasing an additional 33 shares in the last quarter. Catalyst Financial Partners LLC grew its position in Marriott International by 3.3% in the third quarter. Catalyst Financial Partners LLC now owns 1,104 shares of the company’s stock valued at $288,000 after purchasing an additional 35 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC grew its position in Marriott International by 3.7% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 970 shares of the company’s stock valued at $301,000 after purchasing an additional 35 shares in the last quarter. Finally, Mechanics Financial Corp grew its position in Marriott International by 0.9% in the fourth quarter. Mechanics Financial Corp now owns 4,038 shares of the company’s stock valued at $1,253,000 after purchasing an additional 37 shares in the last quarter. Institutional investors own 70.70% of the company’s stock.

Insider Activity at Marriott International

In other news, EVP Benjamin T. Breland sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $358.03, for a total transaction of $716,060.00. Following the completion of the sale, the executive vice president owned 26,399 shares in the company, valued at approximately $9,451,633.97. This trade represents a 7.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider William P. Brown sold 9,456 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $358.25, for a total transaction of $3,387,612.00. Following the transaction, the insider directly owned 11,000 shares in the company, valued at approximately $3,940,750. This represents a 46.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 93,028 shares of company stock worth $33,377,271 in the last quarter. 11.43% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on MAR shares. Barclays raised their target price on shares of Marriott International from $372.00 to $376.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. 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. Jefferies Financial Group increased their price target on shares of Marriott International from $357.00 to $415.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Robert W. Baird cut their price target on shares of Marriott International from $388.00 to $386.00 and set a “neutral” rating for the company in a research note on Thursday, May 7th. Finally, Mizuho increased their price target on shares of Marriott International from $343.00 to $384.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Eight research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $376.13.

Marriott International Price Performance

Shares of MAR stock opened at $353.17 on Friday. The stock has a market cap of $93.13 billion, a P/E ratio of 37.06, a P/E/G ratio of 2.81 and a beta of 1.11. The company has a fifty day moving average price of $343.48 and a two-hundred day moving average price of $323.01. Marriott International, Inc. has a one year low of $253.55 and a one year high of $380.00.

Marriott International (NASDAQ:MAR) last posted its earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.56 by $0.16. The company had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $6.59 billion. Marriott International had a net margin of 9.72% and a negative return on equity of 80.97%. Marriott International’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the company posted $2.32 EPS. 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 research analysts anticipate that Marriott International, Inc. will post 11.65 EPS for the current fiscal year.

Marriott International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd will be paid a dividend of $0.73 per share. The ex-dividend date is Friday, May 22nd. 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. Marriott International’s dividend payout ratio is 28.12%.

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.