Kiley Juergens Wealth Management LLC Purchases Shares of 2,363 Marriott International, Inc. $MAR

Kiley Juergens Wealth Management LLC acquired a new stake in shares of Marriott International, Inc. (NASDAQ:MAR) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 2,363 shares of the company’s stock, valued at approximately $773,000.

Other hedge funds have also recently modified their holdings of the company. Norges Bank purchased a new stake in Marriott International in the 4th quarter worth approximately $812,570,000. Wellington Management Group LLP increased its holdings in Marriott International by 21.7% in the third quarter. Wellington Management Group LLP now owns 9,175,377 shares of the company’s stock valued at $2,389,635,000 after buying an additional 1,637,119 shares in the last quarter. Diamant Asset Management Inc. boosted its stake in shares of Marriott International by 32,607.0% during the 1st quarter. Diamant Asset Management Inc. now owns 490,605 shares of the company’s stock worth $16,046,000 after acquiring an additional 489,105 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Marriott International by 37.9% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,363,845 shares of the company’s stock valued at $423,119,000 after acquiring an additional 374,497 shares during the period. Finally, Capital International Investors increased its stake in shares of Marriott International by 7.1% in the 4th quarter. Capital International Investors now owns 4,107,531 shares of the company’s stock valued at $1,274,475,000 after purchasing an additional 272,250 shares in the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Marriott International Stock Up 0.6%

MAR traded up $2.22 during trading on Tuesday, reaching $381.97. The company’s stock had a trading volume of 279,702 shares, compared to its average volume of 1,566,886. The firm has a fifty day simple moving average of $373.99 and a two-hundred day simple moving average of $346.28. The company has a market cap of $100.72 billion, a price-to-earnings ratio of 40.04, a PEG ratio of 2.97 and a beta of 1.11. Marriott International, Inc. has a 1 year low of $253.76 and a 1 year high of $410.98.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 EPS for the quarter, beating the consensus estimate of $2.56 by $0.16. The firm 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 firm 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. As a group, equities analysts forecast that Marriott International, Inc. will post 11.64 EPS for the current fiscal year.

Marriott International Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, May 22nd were given a dividend of $0.73 per share. The ex-dividend date was Friday, May 22nd. This is an increase from Marriott International’s previous quarterly dividend of $0.67. This represents a $2.92 annualized dividend and a yield of 0.8%. Marriott International’s dividend payout ratio (DPR) is 30.64%.

Analysts Set New Price Targets

Several brokerages have commented on MAR. Truist Financial raised 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. Morgan Stanley increased their target price on Marriott International from $350.00 to $353.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. Weiss Ratings reissued a “buy (b)” rating on shares of Marriott International in a research note on Monday, May 11th. Wells Fargo & Company upped their price objective on shares of Marriott International to $446.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Marriott International from $356.00 to $383.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 21st. Eight analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $384.73.

Insider Buying and Selling

In other Marriott International news, EVP Peggy Roe sold 3,000 shares of the business’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 transaction, the executive vice president directly owned 19,827 shares in the company, valued at $7,168,650.12. The trade was a 13.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 11.43% of the stock is owned by company insiders.

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.