Hennion & Walsh Asset Management Inc. Sells 3,619 Shares of Marriott International, Inc. $MAR

Hennion & Walsh Asset Management Inc. reduced its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 58.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,531 shares of the company’s stock after selling 3,619 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Marriott International were worth $938,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Evelyn Partners Investment Management Services Ltd acquired a new position in Marriott International in the first quarter valued at about $25,000. IMG Wealth Management Inc. raised 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 valued at $27,000 after acquiring an additional 41 shares during the last quarter. Wilkerson Advisory Group LLC boosted its holdings in shares of Marriott International by 127.0% in the 1st quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock worth $27,000 after acquiring an additional 47 shares in the last quarter. Kemnay Advisory Services Inc. acquired a new stake in Marriott International during the 4th quarter valued at $27,000. Finally, McMillan Office Inc. bought a new position in Marriott International in the 4th quarter valued at $27,000. Institutional investors own 70.70% of the company’s stock.

Insider Transactions at Marriott International

In other 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 sale, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 11.43% of the company’s stock.

Marriott International Trading Down 0.6%

Marriott International stock opened at $352.53 on Friday. The company has a market cap of $91.93 billion, a PE ratio of 36.53, a PEG ratio of 2.75 and a beta of 1.10. Marriott International, Inc. has a 1 year low of $256.76 and a 1 year high of $410.98. The company’s 50-day moving average is $374.90 and its two-hundred day moving average is $356.36.

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

Marriott International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, August 20th will be paid 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 yield of 0.8%. Marriott International’s dividend payout ratio is presently 30.26%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on MAR shares. Truist Financial increased their target price on Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a report on Tuesday, May 26th. BMO Capital Markets reduced their price target on shares of Marriott International from $410.00 to $395.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 4th. Barclays lowered their price objective on shares of Marriott International from $379.00 to $348.00 and set an “equal weight” rating for the company in a research report on Tuesday, August 4th. Robert W. Baird dropped their target price on shares of Marriott International from $394.00 to $393.00 and set a “neutral” rating for the company in a research note on Tuesday, August 4th. Finally, Mizuho decreased their price target on shares of Marriott International from $384.00 to $374.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus 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.