WT Wealth Management Takes $1.58 Million Position in Marriott International, Inc. $MAR

WT Wealth Management acquired a new stake in shares of Marriott International, Inc. (NASDAQ:MAR) in the first quarter, HoldingsChannel reports. The institutional investor acquired 4,820 shares of the company’s stock, valued at approximately $1,576,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MAR. Kemnay Advisory Services Inc. bought a new position in shares of Marriott International in the fourth quarter worth approximately $27,000. McMillan Office Inc. bought a new stake in shares of Marriott International during the 4th quarter valued at $27,000. Triumph Capital Management purchased a new position in shares of Marriott International during the 3rd quarter valued at $28,000. Basepoint Wealth LLC bought a new position in Marriott International in the 4th quarter worth $28,000. Finally, Godfrey Financial Associates Inc. purchased a new stake in Marriott International in the 4th quarter worth $31,000. Institutional investors own 70.70% of the company’s stock.

Marriott International Trading Down 0.4%

NASDAQ:MAR opened at $377.31 on Friday. The business’s 50-day moving average is $374.03 and its 200 day moving average is $343.18. 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 $99.49 billion, a P/E ratio of 39.59, a P/E/G ratio of 3.02 and a beta of 1.10.

Marriott International (NASDAQ:MAR) last released its quarterly earnings data 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 business had revenue of $1.81 billion for 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 company’s revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous 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. On average, research analysts forecast that Marriott International, Inc. will post 11.64 earnings per share for the current year.

Marriott International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 22nd will be paid a dividend of $0.73 per share. The ex-dividend date of this dividend is Friday, May 22nd. This is a positive change from Marriott International’s previous quarterly dividend of $0.67. 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 on Monday, May 18th. The shares were sold at an average price of $361.56, for a total value of $1,084,680.00. Following the completion of the transaction, the executive vice president directly owned 19,827 shares of the company’s stock, valued at $7,168,650.12. This trade represents a 13.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 11.43% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Robert W. Baird lowered their price objective on Marriott International from $388.00 to $386.00 and set a “neutral” rating on the stock in a research report on Thursday, May 7th. Mizuho lifted their target price on Marriott International from $343.00 to $384.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Barclays upped their price target on Marriott International from $372.00 to $376.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 7th. JPMorgan Chase & Co. increased their price objective on shares of Marriott International from $356.00 to $383.00 and gave the company a “neutral” rating in a report on Tuesday, April 21st. Finally, Susquehanna boosted their target price on shares of Marriott International from $280.00 to $385.00 and gave the stock a “neutral” rating in a report on Thursday, April 23rd. Eight analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, Marriott International has an average rating of “Moderate Buy” and an average price target of $384.73.

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.