Savant Capital LLC Sells 16,108 Shares of Marriott International, Inc. $MAR

Savant Capital LLC cut its holdings in Marriott International, Inc. (NASDAQ:MARFree Report) by 36.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 28,324 shares of the company’s stock after selling 16,108 shares during the period. Savant Capital LLC’s holdings in Marriott International were worth $8,787,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Optimize Financial Inc grew its holdings in Marriott International by 1.4% during the fourth quarter. Optimize Financial Inc now owns 2,284 shares of the company’s stock valued at $709,000 after purchasing an additional 32 shares during the period. Riversedge Advisors LLC grew its holdings in Marriott International by 3.0% during the fourth quarter. Riversedge Advisors LLC now owns 1,149 shares of the company’s stock valued at $357,000 after purchasing an additional 33 shares during the period. Modera Wealth Management LLC grew its holdings in Marriott International by 0.7% during the fourth quarter. Modera Wealth Management LLC now owns 4,747 shares of the company’s stock valued at $1,473,000 after purchasing an additional 33 shares during the period. Catalyst Financial Partners LLC grew its holdings in Marriott International by 3.3% during the third quarter. Catalyst Financial Partners LLC now owns 1,104 shares of the company’s stock valued at $288,000 after purchasing an additional 35 shares during the period. Finally, Pinnacle Wealth Management Advisory Group LLC grew its holdings in Marriott International by 3.7% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 970 shares of the company’s stock valued at $301,000 after purchasing an additional 35 shares during the period. 70.70% of the stock is owned by institutional investors.

Marriott International Price Performance

Marriott International stock opened at $375.60 on Friday. Marriott International, Inc. has a one year low of $253.55 and a one year high of $388.37. The business has a fifty day moving average price of $353.03 and a 200-day moving average price of $330.03. The firm has a market capitalization of $99.04 billion, a P/E ratio of 39.41, a PEG ratio of 3.06 and a beta of 1.11.

Marriott International (NASDAQ:MARGet Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 EPS for the quarter, topping 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 firm had revenue of $1.81 billion during the quarter, compared to analyst estimates of $6.59 billion. During the same period last year, the company earned $2.32 earnings per share. The business’s revenue for the quarter 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. Sell-side analysts expect that Marriott International, Inc. will post 11.66 earnings per share for the current fiscal year.

Marriott International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders 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 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 dividend yield of 0.8%. Marriott International’s dividend payout ratio is 30.64%.

Insider Activity

In related 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 value of $1,084,680.00. Following the sale, the executive vice president owned 19,827 shares in the company, valued at approximately $7,168,650.12. This trade represents a 13.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 11.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Truist Financial increased their price objective on Marriott International from $350.00 to $356.00 and gave the company a “hold” rating in a report on Tuesday. Wells Fargo & Company increased their price objective on Marriott International to $446.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. JPMorgan Chase & Co. increased their price objective on Marriott International from $356.00 to $383.00 and gave the company a “neutral” rating in a report on Tuesday, April 21st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Marriott International in a report on Monday, May 11th. Finally, Morgan Stanley raised their price target on Marriott International from $350.00 to $353.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. Eight research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $382.07.

Check Out Our Latest Analysis on MAR

Marriott International Company 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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