Security National Bank increased its position in shares of Marriott International, Inc. (NASDAQ:MAR – Free Report) by 84.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,187 shares of the company’s stock after purchasing an additional 1,459 shares during the period. Security National Bank’s holdings in Marriott International were worth $989,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also modified their holdings of the company. May Hill Capital LLC bought a new stake in shares of Marriott International during the fourth quarter valued at approximately $346,000. Canada Post Corp Registered Pension Plan increased its position in shares of Marriott International by 26.8% during the fourth quarter. Canada Post Corp Registered Pension Plan now owns 5,675 shares of the company’s stock valued at $1,761,000 after purchasing an additional 1,200 shares during the period. AlphaCore Capital LLC bought a new stake in shares of Marriott International during the fourth quarter valued at approximately $4,230,000. DNB Asset Management AS boosted its stake in Marriott International by 1.2% in the 4th quarter. DNB Asset Management AS now owns 43,964 shares of the company’s stock valued at $13,639,000 after buying an additional 512 shares in the last quarter. Finally, Lockheed Martin Investment Management Co. boosted its stake in Marriott International by 11.9% in the 4th quarter. Lockheed Martin Investment Management Co. now owns 25,610 shares of the company’s stock valued at $7,945,000 after buying an additional 2,730 shares in the last quarter. 70.70% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
MAR has been the topic of several recent analyst reports. Truist Financial boosted their price target on Marriott International from $283.00 to $350.00 and gave the company a “hold” rating in a research note on Wednesday, February 11th. Jefferies Financial Group boosted their price target on Marriott International from $357.00 to $415.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. The Goldman Sachs Group boosted their price target on Marriott International from $355.00 to $398.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Mizuho boosted their price target on Marriott International from $343.00 to $384.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Finally, Sanford C. Bernstein boosted their price target on Marriott International from $400.00 to $402.00 and gave the company an “outperform” rating in a research note on Friday. Eight analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, Marriott International presently has an average rating of “Moderate Buy” and a consensus price target of $376.13.
Marriott International Stock Down 0.1%
MAR stock opened at $353.17 on Friday. The company has a market cap of $93.13 billion, a P/E ratio of 37.06, a PEG ratio of 2.81 and a beta of 1.11. Marriott International, Inc. has a twelve month low of $253.55 and a twelve month high of $380.00. The business has a fifty day moving average of $343.48 and a 200-day moving average of $323.01.
Marriott International (NASDAQ:MAR – Get Free Report) last released its earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share 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 the consensus estimate of $6.59 billion. Marriott International had a negative return on equity of 80.97% and a net margin of 9.72%.The firm’s quarterly revenue was up 6.2% on a year-over-year basis. 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. As a group, equities research analysts anticipate that Marriott International, Inc. will post 11.65 earnings per share for the current fiscal year.
Marriott International Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd will be given a dividend of $0.73 per share. The ex-dividend date is Friday, May 22nd. This is an increase from Marriott International’s previous quarterly dividend of $0.67. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. Marriott International’s dividend payout ratio is presently 28.12%.
Insider Activity at Marriott International
In related news, EVP Benjamin T. Breland sold 2,000 shares of the company’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $358.03, for a total value 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 represents a 7.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Rajeev Menon sold 3,492 shares of the company’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $354.00, for a total value of $1,236,168.00. Following the completion of the sale, the insider owned 6,000 shares of the company’s stock, valued at $2,124,000. This represents a 36.79% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 93,028 shares of company stock valued at $33,377,271 over the last quarter. 11.43% of the stock is currently owned by corporate insiders.
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.
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