Wealthfront Advisers LLC Acquires 2,814 Shares of Marriott International, Inc. $MAR

Wealthfront Advisers LLC boosted its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 8.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 34,901 shares of the company’s stock after acquiring an additional 2,814 shares during the quarter. Wealthfront Advisers LLC’s holdings in Marriott International were worth $11,415,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. FMB Wealth Management acquired a new position in shares of Marriott International during the fourth quarter valued at $1,762,000. Norges Bank acquired a new stake in Marriott International in the fourth quarter worth about $812,570,000. World Investment Advisors raised its holdings in Marriott International by 130.8% during the 4th quarter. World Investment Advisors now owns 16,014 shares of the company’s stock worth $4,968,000 after purchasing an additional 9,075 shares during the last quarter. Jefferies Financial Group Inc. raised its holdings in Marriott International by 183.7% during the 4th quarter. Jefferies Financial Group Inc. now owns 56,180 shares of the company’s stock worth $17,429,000 after purchasing an additional 36,380 shares during the last quarter. Finally, Caprock Group LLC lifted its position in Marriott International by 21.9% during the 4th quarter. Caprock Group LLC now owns 16,806 shares of the company’s stock valued at $5,214,000 after purchasing an additional 3,023 shares during the period. 70.70% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently commented on MAR shares. Barclays lifted their price target on shares of Marriott International from $372.00 to $376.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. Truist Financial raised their price objective on shares of Marriott International from $350.00 to $356.00 and gave the company a “hold” rating in a research note on Tuesday, May 26th. Wells Fargo & Company upped their target price on shares of Marriott International from $446.00 to $449.00 and gave the company an “overweight” rating in a research report on Thursday. Mizuho increased their price target on Marriott International from $343.00 to $384.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Finally, Robert W. Baird reduced their price target on Marriott International from $388.00 to $386.00 and set a “neutral” rating on the stock in a research report on Thursday, May 7th. Eight equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $385.38.

Marriott International Price Performance

Shares of NASDAQ:MAR opened at $366.24 on Friday. The firm’s 50 day simple moving average is $376.48 and its 200 day simple moving average is $350.20. Marriott International, Inc. has a fifty-two week low of $253.76 and a fifty-two week high of $410.98. The company has a market capitalization of $96.57 billion, a price-to-earnings ratio of 38.43, a P/E/G ratio of 2.95 and a beta of 1.11.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 net margin of 9.72% and a negative return on equity of 80.97%. The business’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the company 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. Equities research analysts expect that Marriott International, Inc. will post 11.64 earnings per share for the current 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 $0.73 dividend. The ex-dividend date was Friday, May 22nd. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. This is an increase from Marriott International’s previous quarterly dividend of $0.67. Marriott International’s dividend payout ratio is currently 30.64%.

Insider Buying and Selling

In related news, EVP Peggy Roe sold 3,000 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $361.56, for a total transaction of $1,084,680.00. Following the sale, the executive vice president owned 19,827 shares of the company’s stock, valued at approximately $7,168,650.12. This trade represents a 13.14% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 11.43% of the company’s stock.

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.