Marriott International, Inc. $MAR Shares Acquired by Seneca House Advisors

Seneca House Advisors increased its stake in Marriott International, Inc. (NASDAQ:MAR) by 16.5% in the first quarter, HoldingsChannel.com reports. The firm owned 14,724 shares of the company’s stock after acquiring an additional 2,084 shares during the quarter. Marriott International accounts for 1.9% of Seneca House Advisors’ portfolio, making the stock its 19th largest position. Seneca House Advisors’ holdings in Marriott International were worth $4,816,000 as of its most recent filing with the Securities & Exchange Commission.

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

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on MAR. Susquehanna lifted their price target on Marriott International from $280.00 to $385.00 and gave the stock a “neutral” rating in a research note on Thursday, April 23rd. Robert W. Baird dropped their target price on shares of Marriott International from $388.00 to $386.00 and set a “neutral” rating for the company in a report on Thursday, May 7th. Barclays lifted their target price on shares of Marriott International from $372.00 to $376.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. 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 research report on Tuesday, May 26th. Finally, Sanford C. Bernstein set a $412.00 price objective on shares of Marriott International in a research note 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $384.73.

Insider Activity at Marriott International

In related news, EVP Peggy Roe sold 3,000 shares of the company’s stock in a transaction 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 completion of the transaction, the executive vice president directly owned 19,827 shares in the company, 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 SEC, which can be accessed through the SEC website. 11.43% of the stock is currently owned by corporate insiders.

Marriott International Trading Up 1.0%

Shares of Marriott International stock traded up $3.64 during mid-day trading on Friday, hitting $376.11. 1,028,410 shares of the stock were exchanged, compared to its average volume of 1,521,519. The stock has a market capitalization of $99.18 billion, a price-to-earnings ratio of 39.47, a price-to-earnings-growth ratio of 2.99 and a beta of 1.11. Marriott International, Inc. has a twelve month low of $253.76 and a twelve month high of $410.98. The company has a 50-day simple moving average of $375.43 and a 200 day simple moving average of $348.38.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) for the quarter, beating 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 business had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $6.59 billion. During the same quarter 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. Equities research analysts forecast that Marriott International, Inc. will post 11.64 earnings per share for the current fiscal year.

Marriott International Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd were issued a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a dividend yield of 0.8%. This is a positive change from Marriott International’s previous quarterly dividend of $0.67. The ex-dividend date was Friday, May 22nd. Marriott International’s payout ratio is 30.64%.

About Marriott International

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.