Worthington Financial Partners LLC Acquires New Shares in Marriott International, Inc. $MAR

Worthington Financial Partners LLC bought a new position in Marriott International, Inc. (NASDAQ:MAR) in the fourth quarter, HoldingsChannel reports. The fund bought 2,113 shares of the company’s stock, valued at approximately $655,000.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of Marriott International in the fourth quarter worth approximately $812,570,000. Wellington Management Group LLP boosted its holdings in Marriott International by 21.7% in the third quarter. Wellington Management Group LLP now owns 9,175,377 shares of the company’s stock worth $2,389,635,000 after purchasing an additional 1,637,119 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Marriott International by 37.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,363,845 shares of the company’s stock worth $423,119,000 after purchasing an additional 374,497 shares during the period. Capital International Investors raised its stake in Marriott International by 7.1% during the 4th 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 last quarter. Finally, Amundi boosted its stake in shares of Marriott International by 52.0% in the 3rd quarter. Amundi now owns 741,408 shares of the company’s stock worth $201,618,000 after buying an additional 253,696 shares during the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Insider Buying and Selling

In other Marriott International news, EVP Peggy Roe sold 3,000 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $361.56, for a total value of $1,084,680.00. Following the sale, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 11.43% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of analysts recently commented on MAR shares. Barclays upped their price objective on Marriott International from $372.00 to $376.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. Wells Fargo & Company boosted their price target on Marriott International to $446.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Mizuho upped their target price on shares of Marriott International from $343.00 to $384.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Truist Financial increased their price target on shares of Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a research report on Tuesday, May 26th. Finally, Robert W. Baird dropped their price target on shares of Marriott International from $388.00 to $386.00 and set a “neutral” rating on the stock in a research note on Thursday, May 7th. Eight analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $384.73.

Marriott International Stock Performance

Shares of MAR opened at $396.20 on Friday. The business’s 50 day moving average is $371.76 and its 200 day moving average is $340.33. Marriott International, Inc. has a 12-month low of $253.76 and a 12-month high of $410.98. The company has a market capitalization of $104.47 billion, a PE ratio of 41.57, a price-to-earnings-growth ratio of 3.15 and a beta of 1.10.

Marriott International (NASDAQ:MAR) last announced 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 business had revenue of $1.81 billion during the quarter, compared to analyst estimates of $6.59 billion. Marriott International had a net margin of 9.72% and a negative return on equity of 80.97%. The company’s revenue was up 6.2% on a year-over-year basis. During the same period last year, the firm posted $2.32 EPS. 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 predict that Marriott International, Inc. will post 11.64 earnings per share for the current year.

Marriott International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd will be issued a $0.73 dividend. The ex-dividend date is Friday, May 22nd. This represents a $2.92 dividend on an annualized basis and a yield of 0.7%. This is an increase from Marriott International’s previous quarterly dividend of $0.67. Marriott International’s payout ratio is presently 30.64%.

Marriott International 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.