Gibbs Wealth Management Buys New Stake in Marriott International, Inc. $MAR

Gibbs Wealth Management bought a new stake in shares of Marriott International, Inc. (NASDAQ:MARFree Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,497 shares of the company’s stock, valued at approximately $490,000.

A number of other hedge funds also recently bought and sold shares of MAR. Wilkerson Advisory Group LLC lifted its holdings in Marriott International by 127.0% during the first quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock valued at $27,000 after purchasing an additional 47 shares in the last quarter. Kemnay Advisory Services Inc. acquired a new stake in Marriott International in the 4th quarter worth about $27,000. McMillan Office Inc. acquired a new position in shares of Marriott International during the fourth quarter valued at approximately $27,000. Basepoint Wealth LLC purchased a new position in Marriott International in the 4th quarter valued at $28,000. Finally, Triumph Capital Management purchased a new position in shares of Marriott International in the third quarter worth about $28,000. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Insider Transactions at Marriott International

In other Marriott International news, EVP Peggy Roe sold 3,000 shares of the 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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 11.43% of the stock is owned by corporate insiders.

Trending Headlines about Marriott International

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Marriott International Price Performance

NASDAQ MAR opened at $374.43 on Friday. The company has a market cap of $98.73 billion, a P/E ratio of 39.29, a P/E/G ratio of 2.93 and a beta of 1.11. Marriott International, Inc. has a 1-year low of $253.76 and a 1-year high of $410.98. The stock has a 50-day moving average of $378.14 and a two-hundred day moving average of $352.16.

Marriott International (NASDAQ:MARGet Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $2.72 EPS for the quarter, beating the consensus estimate of $2.56 by $0.16. Marriott International had a net margin of 9.72% and a negative return on equity of 80.97%. The business had revenue of $1.81 billion during the quarter, compared to analyst estimates of $6.59 billion. During the same quarter last year, the firm posted $2.32 earnings per share. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. 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. On average, analysts anticipate that Marriott International, Inc. will post 11.66 EPS for the current fiscal year.

Marriott International Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, May 22nd were paid a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 0.8%. 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. Marriott International’s payout ratio is presently 30.64%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on MAR shares. Wells Fargo & Company lifted their price objective on Marriott International from $446.00 to $449.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. UBS Group lifted their target price on shares of Marriott International from $336.00 to $412.00 and gave the stock a “neutral” rating in a research note on Monday, June 15th. Truist Financial increased their price target 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. JPMorgan Chase & Co. raised their target price on Marriott International from $387.00 to $400.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 21st. Finally, Stifel Nicolaus boosted their price objective on shares of Marriott International from $352.00 to $365.00 and gave the company a “hold” rating in a report on Friday, July 17th. Nine research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, Marriott International has a consensus rating of “Moderate Buy” and a consensus price target of $388.59.

Check Out Our Latest Stock Report on Marriott International

Marriott International Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Marriott International (NASDAQ:MAR)

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