Lockheed Martin Investment Management Co. Acquires 2,730 Shares of Marriott International, Inc. $MAR

Lockheed Martin Investment Management Co. increased its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 11.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 25,610 shares of the company’s stock after purchasing an additional 2,730 shares during the quarter. Lockheed Martin Investment Management Co.’s holdings in Marriott International were worth $7,945,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of MAR. Triumph Capital Management bought a new position in Marriott International during the third quarter worth about $28,000. Rachor Investment Advisory Services LLC bought a new position in Marriott International in the 4th quarter valued at about $32,000. Darwin Wealth Management LLC bought a new position in Marriott International in the 2nd quarter valued at about $37,000. Root Financial Partners LLC bought a new position in Marriott International in the 3rd quarter valued at about $41,000. Finally, IAG Wealth Partners LLC increased its holdings in Marriott International by 468.8% in the 3rd quarter. IAG Wealth Partners LLC now owns 182 shares of the company’s stock valued at $47,000 after buying an additional 150 shares during the period. 70.70% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on MAR. Morgan Stanley raised their target price on shares of Marriott International from $350.00 to $353.00 and gave the company an “overweight” rating in a report on Tuesday. Susquehanna raised their target price on shares of Marriott International from $280.00 to $385.00 and gave the company a “neutral” rating in a report on Thursday, April 23rd. Mizuho raised 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. Barclays raised their target price on shares of Marriott International from $372.00 to $376.00 and gave the company an “equal weight” rating in a report on Thursday, May 7th. Finally, Truist Financial raised their target price on shares of Marriott International from $283.00 to $350.00 and gave the company a “hold” rating in a report on Wednesday, February 11th. Eight analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, Marriott International currently has an average rating of “Moderate Buy” and an average price target of $376.13.

Marriott International Trading Down 0.1%

Shares of Marriott International stock opened at $353.17 on Friday. The firm has a market capitalization of $93.13 billion, a PE ratio of 37.06, a price-to-earnings-growth ratio of 2.81 and a beta of 1.11. The firm’s 50 day moving average is $343.48 and its 200 day moving average is $323.01. Marriott International, Inc. has a 1 year low of $253.55 and a 1 year high of $380.00.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.56 by $0.16. The company had revenue of $1.81 billion for 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 firm’s revenue was up 6.2% on a year-over-year basis. During the same period in the previous 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. As a group, research analysts anticipate that Marriott International, Inc. will post 11.65 earnings per share for the current year.

Marriott International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 22nd will be given a dividend of $0.73 per share. The ex-dividend date is Friday, May 22nd. This represents a $2.92 annualized dividend and a yield of 0.8%. This is a boost from Marriott International’s previous quarterly dividend of $0.67. Marriott International’s dividend payout ratio is 28.12%.

Insider Buying and Selling at Marriott International

In related news, insider William P. Brown sold 9,456 shares of Marriott International stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $358.25, for a total transaction of $3,387,612.00. Following the sale, the insider directly owned 11,000 shares in the company, valued at $3,940,750. This trade represents a 46.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Benjamin T. Breland sold 2,000 shares of Marriott International stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $358.03, for a total transaction of $716,060.00. Following the sale, the executive vice president owned 26,399 shares in the company, valued at approximately $9,451,633.97. This represents a 7.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 93,028 shares of company stock worth $33,377,271 over the last quarter. Insiders own 11.43% of the company’s stock.

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.