Security National Bank Buys 1,459 Shares of Marriott International, Inc. $MAR

Security National Bank boosted its stake in Marriott International, Inc. (NASDAQ:MAR) by 84.4% in the fourth quarter, HoldingsChannel reports. The firm owned 3,187 shares of the company’s stock after acquiring an additional 1,459 shares during the period. Security National Bank’s holdings in Marriott International were worth $989,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Vanguard Group Inc. increased its holdings in shares of Marriott International by 1.1% in the third quarter. Vanguard Group Inc. now owns 20,774,015 shares of the company’s stock worth $5,410,384,000 after acquiring an additional 230,820 shares in the last quarter. Wellington Management Group LLP increased its holdings in shares of 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 acquiring an additional 1,637,119 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Marriott International by 7.2% in the third quarter. Massachusetts Financial Services Co. MA now owns 4,921,767 shares of the company’s stock worth $1,281,825,000 after acquiring an additional 330,952 shares in the last quarter. Legal & General Group Plc increased its holdings in shares of Marriott International by 9.3% in the third quarter. Legal & General Group Plc now owns 1,465,420 shares of the company’s stock worth $381,654,000 after acquiring an additional 124,759 shares in the last quarter. Finally, Fayez Sarofim & Co increased its holdings in shares of Marriott International by 0.5% in the third quarter. Fayez Sarofim & Co now owns 971,981 shares of the company’s stock worth $256,359,000 after acquiring an additional 4,534 shares in the last quarter. 70.70% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Anthony Capuano sold 63,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $359.22, for a total value of $22,630,860.00. Following the completion of the sale, the chief executive officer directly owned 113,617 shares of the company’s stock, valued at $40,813,498.74. This trade represents a 35.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Rajeev Menon sold 6,333 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $356.61, for a total value of $2,258,411.13. Following the completion of the sale, the insider directly owned 9,492 shares of the company’s stock, valued at approximately $3,384,942.12. The trade was a 40.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 93,028 shares of company stock valued at $33,377,271. Corporate insiders own 11.43% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on MAR shares. Mizuho increased their price target on Marriott International from $343.00 to $384.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. JPMorgan Chase & Co. increased their price target on Marriott International from $356.00 to $383.00 and gave the stock a “neutral” rating in a report on Tuesday, April 21st. Jefferies Financial Group increased their price target on Marriott International from $357.00 to $415.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Robert W. Baird reduced their price objective on Marriott International from $388.00 to $386.00 and set a “neutral” rating for the company in a research report on Thursday, May 7th. Finally, Wells Fargo & Company upped their price objective on Marriott International to $446.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Eight research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Marriott International presently has a consensus rating of “Moderate Buy” and a consensus price target of $376.13.

Marriott International Stock Performance

Shares of NASDAQ MAR opened at $353.17 on Friday. The stock has a 50 day moving average price of $343.48 and a 200 day moving average price of $323.01. Marriott International, Inc. has a 52 week low of $253.55 and a 52 week high of $380.00. The stock 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.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings results 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 negative return on equity of 80.97% and a net margin of 9.72%.The firm had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $6.59 billion. During the same period in the prior year, the firm posted $2.32 earnings per share. The business’s quarterly revenue 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. As a group, research analysts forecast that Marriott International, Inc. will post 11.65 EPS for the current year.

Marriott International Increases Dividend

The business also recently declared 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. 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. The ex-dividend date of this dividend is Friday, May 22nd. Marriott International’s payout ratio is currently 28.12%.

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.