MidFirst Bank Acquires Shares of 4,690 Marriott International, Inc. $MAR

MidFirst Bank bought a new position in Marriott International, Inc. (NASDAQ:MAR) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 4,690 shares of the company’s stock, valued at approximately $1,455,000.

A number of other hedge funds and other institutional investors have also modified their holdings of MAR. Kemnay Advisory Services Inc. acquired a new position in Marriott International during the 4th quarter worth $27,000. McMillan Office Inc. bought a new stake in shares of Marriott International during the fourth quarter worth $27,000. Triumph Capital Management acquired a new position in shares of Marriott International during the third quarter valued at $28,000. Basepoint Wealth LLC bought a new position in Marriott International in the fourth quarter valued at about $28,000. Finally, Godfrey Financial Associates Inc. acquired a new stake in Marriott International in the fourth quarter worth about $31,000. Institutional investors and hedge funds own 70.70% of the company’s stock.

Insider Buying and Selling

In related news, EVP Peggy Roe sold 3,000 shares of the company’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 completion of the transaction, the executive vice president directly owned 19,827 shares of the company’s stock, valued at approximately $7,168,650.12. This represents a 13.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 11.43% of the company’s stock.

Analysts Set New Price Targets

MAR has been the topic of a number of research reports. UBS Group upped their target price on shares of Marriott International from $336.00 to $412.00 and gave the company a “neutral” rating in a research report on Monday, June 15th. Robert W. Baird dropped their price target 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. Weiss Ratings restated a “buy (b)” rating on shares of Marriott International in a report on Monday, May 11th. Mizuho lifted their target price on shares of Marriott International from $343.00 to $384.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Finally, Susquehanna increased their price target on Marriott International from $280.00 to $385.00 and gave the company a “neutral” rating in a research note on Thursday, April 23rd. 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 data from MarketBeat, Marriott International currently has an average rating of “Moderate Buy” and an average target price of $384.73.

Marriott International Price Performance

NASDAQ MAR opened at $396.20 on Friday. Marriott International, Inc. has a one year low of $253.76 and a one year high of $410.98. The firm has a market cap of $104.47 billion, a P/E ratio of 41.57, a P/E/G ratio of 3.15 and a beta of 1.10. The stock’s 50-day moving average is $371.76 and its 200-day moving average is $340.33.

Marriott International (NASDAQ:MAR) last posted its earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business 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 business earned $2.32 EPS. Marriott International’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. Equities analysts anticipate that Marriott International, Inc. will post 11.64 EPS for the current year.

Marriott International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 22nd will be issued a dividend of $0.73 per share. The ex-dividend date is Friday, May 22nd. This is a positive change from Marriott International’s previous quarterly dividend of $0.67. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.7%. Marriott International’s dividend payout ratio (DPR) is 30.64%.

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.