Independent Financial Group LLC Invests $471,000 in Marriott International, Inc. $MAR

Independent Financial Group LLC purchased a new stake in Marriott International, Inc. (NASDAQ:MAR) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 1,441 shares of the company’s stock, valued at approximately $471,000.

Other hedge funds have also bought and sold shares of the company. Kemnay Advisory Services Inc. purchased a new position in Marriott International during the fourth quarter worth about $27,000. McMillan Office Inc. purchased a new position in shares of Marriott International during the fourth quarter worth about $27,000. Basepoint Wealth LLC bought a new position in shares of Marriott International in the fourth quarter worth approximately $28,000. Godfrey Financial Associates Inc. purchased a new stake in Marriott International in the fourth quarter valued at approximately $31,000. Finally, Advocate Investing Services LLC purchased a new position in Marriott International in the 4th quarter worth approximately $31,000. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

Marriott International Stock Down 1.4%

Shares of MAR stock opened at $364.47 on Friday. The firm has a market capitalization of $96.11 billion, a price-to-earnings ratio of 38.24, a PEG ratio of 2.90 and a beta of 1.11. The stock has a fifty day moving average of $377.72 and a 200 day moving average of $352.01. Marriott International, Inc. has a 52 week low of $253.76 and a 52 week high of $410.98.

Marriott International (NASDAQ:MAR) last released its quarterly 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. The company had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $6.59 billion. Marriott International had a net margin of 9.72% and a negative return on equity of 80.97%. Marriott International’s revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the firm earned $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. Equities research analysts anticipate that Marriott International, Inc. will post 11.66 earnings per share for the current year.

Marriott International Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd were issued a dividend of $0.73 per share. The ex-dividend date was 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 0.8%. Marriott International’s dividend payout ratio is currently 30.64%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Marriott International in a report on Monday, May 11th. Truist Financial raised their price target on Marriott International from $350.00 to $356.00 and gave the company a “hold” rating in a research report on Tuesday, May 26th. Stifel Nicolaus upped their price objective on Marriott International from $352.00 to $365.00 and gave the stock a “hold” rating in a report on Friday, July 17th. TD Cowen increased their price objective on Marriott International from $410.00 to $420.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, JPMorgan Chase & Co. boosted their target price on Marriott International from $387.00 to $400.00 and gave the stock a “neutral” rating in a research report on Tuesday. Nine equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $388.59.

Insider Buying and Selling at Marriott International

In other Marriott International news, EVP Peggy Roe sold 3,000 shares of the company’s stock in a transaction dated 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 approximately $7,168,650.12. This represents a 13.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 11.43% of the stock is owned by company insiders.

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.