CDM Financial Counseling Services Inc. Takes $1.45 Million Position in Marriott International, Inc. $MAR

CDM Financial Counseling Services Inc. acquired a new stake in shares of Marriott International, Inc. (NASDAQ:MARFree Report) during the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 4,680 shares of the company’s stock, valued at approximately $1,452,000. Marriott International accounts for approximately 1.4% of CDM Financial Counseling Services Inc.’s investment portfolio, making the stock its 19th biggest position.

A number of other large investors have also added to or reduced their stakes in MAR. Triumph Capital Management purchased a new stake in shares of Marriott International during the third quarter valued at about $28,000. Rachor Investment Advisory Services LLC bought a new position in shares of Marriott International during the 4th quarter worth approximately $32,000. Darwin Wealth Management LLC purchased a new stake in Marriott International during the second quarter valued at approximately $37,000. Root Financial Partners LLC acquired a new stake in Marriott International in the third quarter valued at approximately $41,000. Finally, IAG Wealth Partners LLC grew its holdings in Marriott International by 468.8% in the third quarter. IAG Wealth Partners LLC now owns 182 shares of the company’s stock worth $47,000 after purchasing an additional 150 shares during the last quarter. 70.70% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently commented on MAR. The Goldman Sachs Group increased their price objective on Marriott International from $355.00 to $398.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Evercore upped their target price on Marriott International from $320.00 to $350.00 and gave the company an “outperform” rating in a research report on Thursday, January 22nd. Barclays raised their price target on Marriott International from $372.00 to $376.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. Sanford C. Bernstein upped their price objective on shares of Marriott International from $400.00 to $402.00 and gave the company an “outperform” rating in a report on Friday. Finally, Robert W. Baird decreased their price objective on shares of Marriott International from $388.00 to $386.00 and set a “neutral” rating for the company in a research report on Thursday, May 7th. Eight investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, Marriott International has an average rating of “Moderate Buy” and an average price target of $376.13.

Check Out Our Latest Research Report on Marriott International

Insider Buying and Selling at Marriott International

In other news, EVP Benjamin T. Breland sold 2,000 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $358.03, for a total value of $716,060.00. Following the sale, the executive vice president directly owned 26,399 shares of the company’s stock, valued at $9,451,633.97. This represents a 7.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Rajeev Menon sold 3,492 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $354.00, for a total transaction of $1,236,168.00. Following the transaction, the insider directly owned 6,000 shares of the company’s stock, valued at approximately $2,124,000. This trade represents a 36.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 93,028 shares of company stock worth $33,377,271. Corporate insiders own 11.43% of the company’s stock.

Marriott International Price Performance

Shares of MAR stock opened at $353.17 on Monday. The business has a fifty day moving average of $343.48 and a 200 day moving average of $323.38. Marriott International, Inc. has a 1 year low of $253.55 and a 1 year high of $380.00. The firm has a market capitalization of $93.13 billion, a price-to-earnings ratio of 37.06, a price-to-earnings-growth ratio of 2.81 and a beta of 1.11.

Marriott International (NASDAQ:MARGet Free Report) last announced its quarterly earnings data 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. Marriott International had a negative return on equity of 80.97% and a net margin of 9.72%.The business 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 company earned $2.32 earnings per share. The company’s revenue was up 6.2% on a year-over-year basis. 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 expect that Marriott International, Inc. will post 11.65 earnings per share for the current year.

Marriott International Increases Dividend

The firm also recently declared 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 of this dividend is Friday, May 22nd. This represents a $2.92 dividend on an annualized basis 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 30.64%.

About Marriott International

(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.

See Also

Want to see what other hedge funds are holding MAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marriott International, Inc. (NASDAQ:MARFree Report).

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

Receive News & Ratings for Marriott International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marriott International and related companies with MarketBeat.com's FREE daily email newsletter.