Kestra Advisory Services LLC Sells 1,818 Shares of Marriott International, Inc. $MAR

Kestra Advisory Services LLC reduced its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 7.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,153 shares of the company’s stock after selling 1,818 shares during the quarter. Kestra Advisory Services LLC’s holdings in Marriott International were worth $7,246,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Invesco Ltd. boosted its holdings in shares of Marriott International by 2.7% in the 4th quarter. Invesco Ltd. now owns 4,440,359 shares of the company’s stock worth $1,377,577,000 after buying an additional 118,504 shares during the last quarter. Capital International Investors increased its holdings in Marriott International by 7.1% during the fourth quarter. Capital International Investors now owns 4,107,531 shares of the company’s stock worth $1,274,475,000 after buying an additional 272,250 shares during the last quarter. Norges Bank bought a new stake in Marriott International in the fourth quarter worth about $812,570,000. Price T Rowe Associates Inc. MD boosted its stake in Marriott International by 13.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,879,028 shares of the company’s stock valued at $582,952,000 after acquiring an additional 219,579 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Marriott International by 1.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,619,423 shares of the company’s stock worth $502,410,000 after purchasing an additional 19,387 shares during the last quarter. Institutional investors own 70.70% of the company’s stock.

Marriott International Trading Up 0.1%

MAR opened at $363.19 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 cap of $95.77 billion, a PE ratio of 38.11, a price-to-earnings-growth ratio of 2.89 and a beta of 1.11. The company has a 50 day moving average of $375.63 and a 200 day moving average of $349.31.

Marriott International (NASDAQ:MAR) last issued its earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.56 by $0.16. Marriott International had a net margin of 9.72% and a negative return on equity of 80.97%. The business had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $6.59 billion. During the same quarter in the previous year, the firm posted $2.32 EPS. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. 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. Research analysts forecast that Marriott International, Inc. will post 11.64 earnings per share for the current fiscal year.

Marriott International Increases Dividend

The business 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 is a positive change from Marriott International’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $2.92 dividend on an annualized basis and a yield of 0.8%. Marriott International’s payout ratio is currently 30.64%.

Insider Buying and Selling

In other Marriott International news, EVP Peggy Roe sold 3,000 shares of Marriott International stock in a transaction dated Monday, May 18th. The stock was 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 owned 19,827 shares of the company’s stock, valued at $7,168,650.12. The trade was a 13.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 11.43% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms recently commented on MAR. UBS Group lifted their price target on shares of Marriott International from $336.00 to $412.00 and gave the stock a “neutral” rating in a report on Monday, June 15th. Susquehanna raised their target price on Marriott International from $280.00 to $385.00 and gave the stock a “neutral” rating in a research report on Thursday, April 23rd. Barclays upped their price target on Marriott International from $372.00 to $376.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. Sanford C. Bernstein set a $412.00 price target on Marriott International in a research note on Monday, June 15th. Finally, Robert W. Baird decreased their price objective on Marriott International from $388.00 to $386.00 and set a “neutral” rating for the company in a report on Thursday, May 7th. Eight research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $384.73.

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.