Edgestream Partners L.P. Purchases 20,303 Shares of Marriott International, Inc. $MAR

Edgestream Partners L.P. raised its position in Marriott International, Inc. (NASDAQ:MAR) by 647.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,440 shares of the company’s stock after purchasing an additional 20,303 shares during the quarter. Edgestream Partners L.P.’s holdings in Marriott International were worth $7,667,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Frederick Financial Consultants LLC grew its holdings in shares of Marriott International by 0.8% during the fourth quarter. Frederick Financial Consultants LLC now owns 3,531 shares of the company’s stock worth $1,095,000 after buying an additional 28 shares in the last quarter. Haven Capital Group Inc. lifted its stake in Marriott International by 0.3% in the 1st quarter. Haven Capital Group Inc. now owns 10,064 shares of the company’s stock valued at $3,292,000 after acquiring an additional 30 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in Marriott International by 1.2% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,472 shares of the company’s stock worth $808,000 after acquiring an additional 30 shares during the last quarter. Transamerica Financial Advisors LLC grew its stake in shares of Marriott International by 34.8% during the 4th quarter. Transamerica Financial Advisors LLC now owns 120 shares of the company’s stock worth $37,000 after acquiring an additional 31 shares in the last quarter. Finally, Optimize Financial Inc raised its holdings in shares of Marriott International by 1.4% in the fourth quarter. Optimize Financial Inc now owns 2,284 shares of the company’s stock valued at $709,000 after purchasing an additional 32 shares during the last quarter. 70.70% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Morgan Stanley increased their target price on shares of Marriott International from $353.00 to $380.00 and gave the stock an “overweight” rating in a report on Friday, July 17th. JPMorgan Chase & Co. boosted their price target on shares of Marriott International from $387.00 to $400.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 21st. TD Cowen increased their price objective on shares of Marriott International from $410.00 to $420.00 and gave the stock a “buy” rating in a research note on Tuesday, July 21st. Mizuho raised their price objective on Marriott International from $343.00 to $384.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Finally, Truist Financial upped their target price on Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a report on Tuesday, May 26th. Nine analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $388.59.

Marriott International Trading Down 0.6%

NASDAQ:MAR opened at $381.12 on Thursday. The stock has a market capitalization of $100.50 billion, a PE ratio of 39.99, a P/E/G ratio of 3.00 and a beta of 1.11. Marriott International, Inc. has a 1-year low of $253.76 and a 1-year high of $410.98. The firm has a fifty day simple moving average of $379.35 and a 200 day simple moving average of $353.73.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $1.81 billion for the quarter, compared to analyst estimates of $6.59 billion. During the same period in the prior year, the firm posted $2.32 earnings per share. The company’s quarterly revenue 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. On average, equities analysts predict that Marriott International, Inc. will post 11.66 earnings per share for the current fiscal year.

Marriott International Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd were issued a $0.73 dividend. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $2.92 annualized dividend and a yield of 0.8%. This is an increase from Marriott International’s previous quarterly dividend of $0.67. Marriott International’s payout ratio is currently 30.64%.

Insider Transactions at Marriott International

In other news, EVP Peggy Roe sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $361.56, for a total value of $1,084,680.00. Following the transaction, the executive vice president owned 19,827 shares of the company’s stock, valued at approximately $7,168,650.12. This represents a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 11.43% of the stock is owned by company insiders.

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.