NewEdge Advisors LLC Buys 1,543 Shares of Marriott International, Inc. $MAR

NewEdge Advisors LLC grew its stake in Marriott International, Inc. (NASDAQ:MAR) by 3.6% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 43,948 shares of the company’s stock after buying an additional 1,543 shares during the period. NewEdge Advisors LLC’s holdings in Marriott International were worth $14,374,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Invesco Ltd. raised its holdings in Marriott International by 2.7% during the 4th quarter. Invesco Ltd. now owns 4,440,359 shares of the company’s stock worth $1,377,577,000 after purchasing an additional 118,504 shares during the last quarter. Capital International Investors lifted its holdings in Marriott International by 7.1% in the fourth quarter. Capital International Investors now owns 4,107,531 shares of the company’s stock valued at $1,274,475,000 after buying an additional 272,250 shares during the period. Norges Bank bought a new stake in Marriott International during the fourth quarter valued at $812,570,000. Price T Rowe Associates Inc. MD grew its holdings in Marriott International by 13.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,879,028 shares of the company’s stock worth $582,952,000 after acquiring an additional 219,579 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Marriott International by 1.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,619,423 shares of the company’s stock worth $502,410,000 after acquiring an additional 19,387 shares in the last quarter. 70.70% of the stock is currently owned by institutional investors.

Insider Activity at Marriott International

In other news, EVP Peggy Roe sold 3,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the executive vice president owned 19,827 shares in the company, valued at $7,168,650.12. This trade represents a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 11.43% of the stock is currently owned by company insiders.

Marriott International Trading Down 1.6%

NASDAQ MAR opened at $353.91 on Friday. The company has a market cap of $92.29 billion, a P/E ratio of 36.67, a PEG ratio of 2.75 and a beta of 1.10. The company has a fifty day simple moving average of $377.05 and a 200 day simple moving average of $355.24. Marriott International, Inc. has a 12-month low of $256.49 and a 12-month high of $410.98.

Marriott International (NASDAQ:MAR) last released its quarterly earnings data on Monday, August 3rd. The company reported $3.19 earnings per share for the quarter, beating analysts’ consensus estimates of $3.08 by $0.11. The firm had revenue of $2.01 billion for the quarter, compared to analyst estimates of $7.19 billion. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period last year, the firm earned $2.65 earnings per share. 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. Sell-side analysts predict that Marriott International, Inc. will post 11.7 EPS for the current year.

Marriott International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, August 20th will be issued a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, August 20th. Marriott International’s payout ratio is currently 30.26%.

Wall Street Analyst Weigh In

MAR has been the topic of several research analyst reports. Susquehanna upped their target price on Marriott International from $280.00 to $385.00 and gave the company a “neutral” rating in a research report on Thursday, April 23rd. Truist Financial increased their price target on Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a report on Tuesday, May 26th. Stifel Nicolaus raised their price objective on shares of Marriott International from $352.00 to $365.00 and gave the stock a “hold” rating in a research report on Friday, July 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Marriott International in a research report on Monday, May 11th. Finally, Sanford C. Bernstein set a $412.00 price target on shares of Marriott International in a report on Monday, June 15th. Nine analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $386.65.

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.