Marriott International, Inc. $MAR Shares Acquired by Fulton Bank N.A.

Fulton Bank N.A. boosted its stake in Marriott International, Inc. (NASDAQ:MAR) by 164.8% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 8,398 shares of the company’s stock after acquiring an additional 5,227 shares during the quarter. Fulton Bank N.A.’s holdings in Marriott International were worth $3,112,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC raised its holdings in Marriott International by 2.5% during the fourth quarter. Brighton Jones LLC now owns 8,887 shares of the company’s stock worth $2,479,000 after purchasing an additional 218 shares in the last quarter. Empowered Funds LLC increased its position in shares of Marriott International by 39.1% during the 1st quarter. Empowered Funds LLC now owns 5,805 shares of the company’s stock valued at $1,383,000 after purchasing an additional 1,631 shares during the period. Woodline Partners LP raised its stake in shares of Marriott International by 39.6% in the 1st quarter. Woodline Partners LP now owns 19,332 shares of the company’s stock worth $4,605,000 after buying an additional 5,480 shares in the last quarter. Intech Investment Management LLC lifted its holdings in shares of Marriott International by 21.8% in the first quarter. Intech Investment Management LLC now owns 6,035 shares of the company’s stock valued at $1,438,000 after buying an additional 1,079 shares during the period. Finally, Sei Investments Co. boosted its stake in Marriott International by 3.8% during the second quarter. Sei Investments Co. now owns 137,329 shares of the company’s stock valued at $37,520,000 after buying an additional 5,007 shares in the last quarter. 70.70% of the stock is currently owned by institutional investors.

Marriott International Trading Down 1.5%

Shares of Marriott International stock opened at $348.44 on Tuesday. Marriott International, Inc. has a 1 year low of $256.49 and a 1 year high of $410.98. The company has a market cap of $90.86 billion, a P/E ratio of 36.11, a P/E/G ratio of 2.75 and a beta of 1.10. The stock has a 50-day moving average price of $376.48 and a 200 day moving average price of $355.69.

Marriott International (NASDAQ:MAR) last released its earnings results on Monday, August 3rd. The company reported $3.19 earnings per share for the quarter, beating the consensus estimate of $3.08 by $0.11. The company had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $7.19 billion. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.The business’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.65 EPS. 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 forecast that Marriott International, Inc. will post 11.7 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, August 20th will be given a $0.73 dividend. The ex-dividend date 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%.

Insider Activity

In other Marriott International news, EVP Peggy Roe sold 3,000 shares of Marriott International stock in a transaction on Monday, May 18th. The shares were sold at an average price of $361.56, for a total transaction of $1,084,680.00. Following the completion of the sale, the executive vice president owned 19,827 shares of the company’s stock, valued at $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 is available at this hyperlink. 11.43% of the stock is owned by company insiders.

Analyst Ratings Changes

Several brokerages have commented on MAR. Sanford C. Bernstein set a $412.00 price target on shares of Marriott International in a research report on Monday, June 15th. 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 report on Tuesday, May 26th. Weiss Ratings reiterated a “buy (b)” rating on shares of Marriott International in a report on Friday. Wells Fargo & Company cut their target price on shares of Marriott International from $449.00 to $425.00 and set an “overweight” rating for the company in a research note on Tuesday, August 4th. Finally, Morgan Stanley lifted their price target on shares of Marriott International from $353.00 to $380.00 and gave the stock an “overweight” rating in a research report on Friday, July 17th. Nine equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $386.65.

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.