Sanctuary Advisors LLC Purchases 1,663 Shares of Marriott International, Inc. $MAR

Sanctuary Advisors LLC boosted its holdings in Marriott International, Inc. (NASDAQ:MAR) by 7.3% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 24,436 shares of the company’s stock after buying an additional 1,663 shares during the period. Sanctuary Advisors LLC’s holdings in Marriott International were worth $9,056,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Evelyn Partners Investment Management Services Ltd purchased a new stake in shares of Marriott International during the first quarter valued at $25,000. Wilkerson Advisory Group LLC boosted its holdings in shares of Marriott International by 127.0% during the 1st quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock valued at $27,000 after acquiring an additional 47 shares during the last quarter. IMG Wealth Management Inc. grew its stake in shares of Marriott International by 100.0% in the first quarter. IMG Wealth Management Inc. now owns 82 shares of the company’s stock worth $27,000 after acquiring an additional 41 shares during the period. Kemnay Advisory Services Inc. bought a new position in Marriott International during the fourth quarter valued at approximately $27,000. Finally, McMillan Office Inc. bought a new stake in Marriott International in the 4th quarter worth approximately $27,000. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Marriott International Stock Performance

MAR stock opened at $360.20 on Tuesday. The firm has a fifty day moving average price of $369.69 and a 200 day moving average price of $358.39. Marriott International, Inc. has a fifty-two week low of $256.76 and a fifty-two week high of $410.98. The firm has a market cap of $93.93 billion, a PE ratio of 37.33, a price-to-earnings-growth ratio of 2.76 and a beta of 1.10.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.08 by $0.11. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The company had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $7.19 billion. During the same quarter in the prior year, the firm earned $2.65 earnings per share. Marriott International’s revenue was up 4.8% on a year-over-year basis. Marriott International has set its FY 2026 guidance at 11.640-11.810 EPS and its Q3 2026 guidance at 2.740-2.820 EPS. On average, equities analysts predict that Marriott International, Inc. will post 11.71 EPS for the current year.

Marriott International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, August 20th will be issued a $0.73 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. Marriott International’s dividend payout ratio (DPR) is presently 30.26%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. UBS Group cut their price objective on Marriott International from $412.00 to $395.00 and set a “neutral” rating for the company in a report on Thursday, August 20th. China Intl Cap raised shares of Marriott International to a “strong-buy” rating in a research note on Wednesday, August 12th. JPMorgan Chase & Co. lifted their target price on Marriott International from $387.00 to $400.00 and gave the company a “neutral” rating in a research note on Tuesday, July 21st. BMO Capital Markets dropped their price objective on shares of Marriott International from $410.00 to $395.00 and set an “outperform” rating for the company in a report on Tuesday, August 4th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Marriott International in a research report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $385.65.

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.