2,267 Shares in Marriott International, Inc. $MAR Purchased by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC purchased a new stake in shares of Marriott International, Inc. (NASDAQ:MAR) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,267 shares of the company’s stock, valued at approximately $742,000.

A number of other hedge funds have also recently added to or reduced their stakes in MAR. Kemnay Advisory Services Inc. acquired a new stake in shares of Marriott International during the fourth quarter worth $27,000. McMillan Office Inc. acquired a new position in shares of Marriott International in the 4th quarter valued at about $27,000. Triumph Capital Management bought a new stake in shares of Marriott International during the 3rd quarter valued at about $28,000. Basepoint Wealth LLC acquired a new stake in Marriott International during the fourth quarter worth about $28,000. Finally, Godfrey Financial Associates Inc. acquired a new position in Marriott International in the fourth quarter valued at approximately $31,000. Institutional investors and hedge funds own 70.70% of the company’s stock.

Marriott International News Summary

Here are the key news stories impacting Marriott International this week:

• Positive Sentiment: Marriott announced plans to enter Saudi Arabia’s Asir region with a Westin Abha hotel, signaling continued international expansion and added fee-based growth opportunities. Marriott to enter Saudi Arabia’s Asir region with Westin Abha hotel
• Positive Sentiment: Related reports said Marriott signed an agreement to open the Westin hotel in Abha, reinforcing momentum for new development and brand growth in the Middle East. Marriott International signs agreement to open a Westin Hotel in Abha, Saudi Arabia
• Positive Sentiment: Hawkins Way Capital converted a Chicago hotel into a Series by Marriott property, showing continued demand from owners to join Marriott’s system and expand the company’s managed/franchised base. Hawkins Way converts Chicago hotel under Series by Marriott
• Neutral Sentiment: Travel articles naming the best Marriott hotels in Athens and Seattle help keep the brand visible to consumers, but they are not likely to materially affect earnings near term. Best Marriott International Hotels in Athens for 2026
• Neutral Sentiment: Another industry article referenced a strategic partnership among hotels, but the headline does not clearly indicate a direct material impact on Marriott’s financial outlook. Hotels announce new strategic partnership

Marriott International Trading Up 0.3%

Shares of NASDAQ MAR opened at $380.75 on Wednesday. Marriott International, Inc. has a twelve month low of $253.76 and a twelve month high of $410.98. The firm has a 50-day moving average of $374.50 and a two-hundred day moving average of $347.30. The company has a market capitalization of $100.40 billion, a price-to-earnings ratio of 39.95, a PEG ratio of 3.02 and a beta of 1.11.

Marriott International (NASDAQ:MAR) last announced its 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. 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 during the quarter, compared to the consensus estimate of $6.59 billion. During the same period in the prior year, the business posted $2.32 earnings per share. Marriott International’s revenue was up 6.2% compared to the same quarter last year. 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, research analysts predict that Marriott International, Inc. will post 11.64 earnings per share for the current year.

Marriott International Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd were given a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Friday, May 22nd. This is a positive change from Marriott International’s previous quarterly dividend of $0.67. Marriott International’s payout ratio is currently 30.64%.

Insider Activity

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 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. The trade was a 13.14% decrease in their ownership of the stock. The sale 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.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on MAR. Morgan Stanley boosted their price objective on Marriott International from $350.00 to $353.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. Barclays raised their target price on Marriott International from $372.00 to $376.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. JPMorgan Chase & Co. upped their price target on shares of Marriott International from $356.00 to $383.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 21st. Truist Financial lifted their price objective on shares of Marriott International from $350.00 to $356.00 and gave the company a “hold” rating in a research report on Tuesday, May 26th. Finally, Wells Fargo & Company boosted their target price on shares of Marriott International to $446.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Eight analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $384.73.

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.