Whitaker Myers Wealth Managers LTD. Makes New $2.27 Million Investment in Marriott International, Inc. $MAR

Whitaker Myers Wealth Managers LTD. purchased a new stake in shares of Marriott International, Inc. (NASDAQ:MAR) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 6,126 shares of the company’s stock, valued at approximately $2,270,000.

Other large investors also recently added to or reduced their stakes in the company. HF Advisory Group LLC boosted its position in shares of Marriott International by 3.7% in the second quarter. HF Advisory Group LLC now owns 5,674 shares of the company’s stock worth $2,103,000 after buying an additional 204 shares during the period. Everpar Advisors LLC purchased a new stake in Marriott International in the 2nd quarter worth about $239,000. Agate Pass Investment Management LLC boosted its position in Marriott International by 22.4% during the 2nd quarter. Agate Pass Investment Management LLC now owns 3,391 shares of the company’s stock worth $1,257,000 after acquiring an additional 620 shares during the period. Valeo Financial Advisors LLC increased its holdings in shares of Marriott International by 19.3% in the 2nd quarter. Valeo Financial Advisors LLC now owns 4,179 shares of the company’s stock valued at $1,549,000 after purchasing an additional 675 shares during the period. Finally, Trust Point Inc. boosted its holdings in shares of Marriott International by 5.7% during the second quarter. Trust Point Inc. now owns 5,454 shares of the company’s stock worth $2,021,000 after purchasing an additional 295 shares during the period. 70.70% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have issued reports on MAR. Susquehanna lifted their target price on shares of Marriott International from $280.00 to $385.00 and gave the company a “neutral” rating in a research note on Thursday, April 23rd. BMO Capital Markets cut their price objective on Marriott International from $410.00 to $395.00 and set an “outperform” rating for the company in a report on Tuesday, August 4th. Barclays lowered their target price on Marriott International from $379.00 to $348.00 and set an “equal weight” rating on the stock in a research note on Tuesday, August 4th. Truist Financial increased their price objective on Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a report on Tuesday, May 26th. Finally, TD Cowen boosted their target price on shares of Marriott International from $410.00 to $420.00 and gave the stock a “buy” rating in a research report on Tuesday, July 21st. Nine investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $386.65.

Insider Buying and Selling

In other news, EVP Peggy Roe sold 3,000 shares of Marriott International stock in a transaction that occurred 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 transaction, the executive vice president owned 19,827 shares of the company’s stock, valued at $7,168,650.12. This trade represents a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 11.43% of the stock is currently owned by company insiders.

Marriott International Price Performance

NASDAQ MAR opened at $353.91 on Friday. Marriott International, Inc. has a fifty-two week low of $256.49 and a fifty-two week high of $410.98. The stock’s 50-day moving average is $377.05 and its two-hundred day moving average is $355.24. The firm has a market cap of $92.29 billion, a P/E ratio of 36.67, a price-to-earnings-growth ratio of 2.75 and a beta of 1.10.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.08 by $0.11. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.The company had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $7.19 billion. During the same quarter in the prior year, the company posted $2.65 EPS. The firm’s revenue was up 4.8% on a year-over-year basis. Marriott International has set its FY 2026 guidance at 11.640-11.810 EPS and its Q3 2026 guidance at 2.740-2.820 EPS. On average, equities analysts expect that Marriott International, Inc. will post 11.7 EPS for the current year.

Marriott International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, August 20th will be given a dividend of $0.73 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.92 dividend on an annualized basis and a yield of 0.8%. Marriott International’s dividend payout ratio is presently 30.26%.

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.