MinichMacGregor Wealth Management LLC Sells 1,520 Shares of Marriott International, Inc. $MAR

MinichMacGregor Wealth Management LLC reduced its holdings in shares of Marriott International, Inc. (NASDAQ:MARFree Report) by 6.7% in the 1st quarter, HoldingsChannel.com reports. The fund owned 21,236 shares of the company’s stock after selling 1,520 shares during the quarter. MinichMacGregor Wealth Management LLC’s holdings in Marriott International were worth $6,946,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Kemnay Advisory Services Inc. acquired a new stake in Marriott International during the 4th quarter valued at $27,000. McMillan Office Inc. bought a new position in shares of Marriott International in the fourth quarter valued at about $27,000. Triumph Capital Management bought a new position in shares of Marriott International in the third quarter valued at about $28,000. Basepoint Wealth LLC acquired a new stake in shares of Marriott International during the 4th quarter worth about $28,000. Finally, Godfrey Financial Associates Inc. bought a new stake in shares of Marriott International during the 4th quarter worth about $31,000. Institutional investors own 70.70% of the company’s stock.

Marriott International Stock Down 0.8%

NASDAQ MAR opened at $383.64 on Thursday. The firm has a 50-day moving average price of $373.52 and a two-hundred day moving average price of $342.33. 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 $101.16 billion, a P/E ratio of 40.26, a P/E/G ratio of 3.08 and a beta of 1.10.

Marriott International (NASDAQ:MARGet Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share for the quarter, beating 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 net margin of 9.72% and a negative return on equity of 80.97%. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the business earned $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. Equities analysts expect that Marriott International, Inc. will post 11.64 EPS for the current year.

Marriott International Increases Dividend

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

Insider Buying and Selling at Marriott International

In other news, EVP Peggy Roe sold 3,000 shares of the stock in a transaction on 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 sale, the executive vice president directly owned 19,827 shares of the company’s stock, valued at approximately $7,168,650.12. This represents a 13.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 11.43% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on MAR shares. Morgan Stanley increased their price target on shares of Marriott International from $350.00 to $353.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. Mizuho upped their target price on Marriott International from $343.00 to $384.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of Marriott International in a research note on Monday, May 11th. Susquehanna boosted their price target on Marriott International from $280.00 to $385.00 and gave the company a “neutral” rating in a research note on Thursday, April 23rd. Finally, Truist Financial upped their price objective on Marriott International from $350.00 to $356.00 and gave the company a “hold” rating in a report on Tuesday, May 26th. Eight research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $384.73.

Read Our Latest Stock Report on Marriott International

Key Stories Impacting Marriott International

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Marriott International Profile

(Free Report)

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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Institutional Ownership by Quarter for Marriott International (NASDAQ:MAR)

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