Diversify Wealth Management LLC Makes New $1.19 Million Investment in Marriott International, Inc. $MAR

Diversify Wealth Management LLC purchased a new stake in shares of Marriott International, Inc. (NASDAQ:MAR) during the first quarter, HoldingsChannel reports. The fund purchased 3,362 shares of the company’s stock, valued at approximately $1,190,000.

Other hedge funds have also recently made changes to their positions in the company. Kemnay Advisory Services Inc. bought a new stake in Marriott International during the 4th quarter valued at approximately $27,000. McMillan Office Inc. purchased a new stake in Marriott International during the 4th quarter valued at approximately $27,000. Basepoint Wealth LLC purchased a new stake in Marriott International during the 4th quarter valued at approximately $28,000. Godfrey Financial Associates Inc. bought a new stake in shares of Marriott International during the fourth quarter valued at approximately $31,000. Finally, Advocate Investing Services LLC purchased a new position in shares of Marriott International in the fourth quarter worth $31,000. Institutional investors own 70.70% of the company’s stock.

Marriott International Trading Up 1.6%

Shares of NASDAQ:MAR opened at $369.05 on Thursday. The company has a market cap of $97.31 billion, a price-to-earnings ratio of 38.73, a PEG ratio of 2.89 and a beta of 1.11. Marriott International, Inc. has a 12 month low of $253.76 and a 12 month high of $410.98. The company has a 50-day moving average price of $375.83 and a 200 day moving average price of $349.69.

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 business had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $6.59 billion. Marriott International had a negative return on equity of 80.97% and a net margin of 9.72%.The company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the business posted $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. As a group, equities analysts forecast that Marriott International, Inc. will post 11.64 EPS for the current year.

Marriott International Increases Dividend

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

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Robert W. Baird cut their target price on shares of Marriott International from $388.00 to $386.00 and set a “neutral” rating for the company in a research note on Thursday, May 7th. Susquehanna raised their price objective on Marriott International from $280.00 to $385.00 and gave the company a “neutral” rating in a research report on Thursday, April 23rd. Truist Financial boosted their target price on Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a research report on Tuesday, May 26th. Weiss Ratings restated a “buy (b)” rating on shares of Marriott International in a report on Monday, May 11th. Finally, JPMorgan Chase & Co. upped their price objective on Marriott International from $356.00 to $383.00 and gave the stock a “neutral” rating in a report on Tuesday, April 21st. Eight analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, Marriott International currently has an average rating of “Moderate Buy” and a consensus price target of $384.73.

Insiders Place Their Bets

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 transaction 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 transaction was disclosed in a legal filing with the SEC, which is available at this link. 11.43% of the stock is owned by company insiders.

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.