Marriott International, Inc. $MAR Shares Purchased by Diamant Asset Management Inc.

Diamant Asset Management Inc. boosted its position in Marriott International, Inc. (NASDAQ:MAR) by 32,607.0% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 490,605 shares of the company’s stock after buying an additional 489,105 shares during the period. Diamant Asset Management Inc.’s holdings in Marriott International were worth $16,046,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of the company. Cornerstone Wealth Group LLC purchased a new stake in shares of Marriott International in the first quarter valued at about $197,000. MFA Wealth Services lifted its position in Marriott International by 9.0% in the first quarter. MFA Wealth Services now owns 1,308 shares of the company’s stock valued at $428,000 after purchasing an additional 108 shares during the period. Union Bancaire Privee UBP SA boosted its holdings in Marriott International by 5.0% in the 1st quarter. Union Bancaire Privee UBP SA now owns 20,953 shares of the company’s stock valued at $6,853,000 after purchasing an additional 992 shares in the last quarter. Cambient Family Office LLC acquired a new position in Marriott International during the 1st quarter worth approximately $252,000. Finally, WT Wealth Management purchased a new position in shares of Marriott International during the 1st quarter worth approximately $1,576,000. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Insider Activity

In other Marriott International news, EVP Peggy Roe sold 3,000 shares of the company’s stock in a transaction dated 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 sale, the executive vice president owned 19,827 shares of the company’s stock, valued at $7,168,650.12. This represents a 13.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 11.43% of the stock is owned by company insiders.

Marriott International Stock Performance

Shares of MAR stock opened at $377.31 on Friday. The stock has a fifty day moving average price of $374.03 and a 200 day moving average price of $343.18. The stock has a market cap of $99.49 billion, a PE ratio of 39.59, a P/E/G ratio of 3.00 and a beta of 1.10. Marriott International, Inc. has a 1 year low of $253.76 and a 1 year high of $410.98.

Marriott International (NASDAQ:MAR) last announced 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 business had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $6.59 billion. Marriott International had a negative return on equity of 80.97% and a net margin of 9.72%.The business’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter last year, the business posted $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. As a group, equities research analysts predict that Marriott International, Inc. will post 11.64 earnings per share for the current year.

Marriott International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd will be given a dividend of $0.73 per share. The ex-dividend date is Friday, May 22nd. This is an increase 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 dividend payout ratio (DPR) is presently 30.64%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on MAR shares. Robert W. Baird decreased their price target on Marriott International from $388.00 to $386.00 and set a “neutral” rating on the stock in a research note on Thursday, May 7th. JPMorgan Chase & Co. raised their target price on Marriott International from $356.00 to $383.00 and gave the company a “neutral” rating in a report on Tuesday, April 21st. Morgan Stanley boosted their target price on shares of Marriott International from $350.00 to $353.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. Truist Financial increased their price target on shares of Marriott International from $350.00 to $356.00 and gave the company a “hold” rating in a report on Tuesday, May 26th. Finally, Sanford C. Bernstein set a $412.00 price objective on shares of Marriott International in a report on Monday, June 15th. Eight investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price 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.