NBH Bank Invests $1.22 Million in Marriott International, Inc. $MAR

NBH Bank bought a new position in shares of Marriott International, Inc. (NASDAQ:MAR) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 3,300 shares of the company’s stock, valued at approximately $1,223,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Evelyn Partners Investment Management Services Ltd acquired a new stake in Marriott International during the first quarter worth approximately $25,000. McMillan Office Inc. acquired a new position in shares of Marriott International in the 4th quarter valued at $27,000. Kemnay Advisory Services Inc. purchased a new position in shares of Marriott International in the 4th quarter valued at $27,000. Wilkerson Advisory Group LLC raised its stake in Marriott International by 127.0% during the 1st quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock worth $27,000 after acquiring an additional 47 shares in the last quarter. Finally, IMG Wealth Management Inc. lifted its position in Marriott International by 100.0% in the first quarter. IMG Wealth Management Inc. now owns 82 shares of the company’s stock valued at $27,000 after acquiring an additional 41 shares during the last quarter. 70.70% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on MAR. UBS Group dropped their price objective on Marriott International from $412.00 to $395.00 and set a “neutral” rating on the stock in a report on Thursday, August 20th. CICC Research assumed coverage on Marriott International in a report on Wednesday, August 12th. They issued an “outperform” rating for the company. JPMorgan Chase & Co. raised their price target on Marriott International from $387.00 to $400.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 21st. Sanford C. Bernstein set a $412.00 price target on Marriott International in a research report on Monday, June 15th. Finally, Robert W. Baird reduced their price objective on Marriott International from $394.00 to $393.00 and set a “neutral” rating for the company in a research note on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $385.65.

Marriott International Trading Up 0.1%

NASDAQ MAR opened at $336.51 on Friday. The stock has a market capitalization of $87.75 billion, a price-to-earnings ratio of 34.87, a PEG ratio of 2.53 and a beta of 1.11. The business’s 50 day moving average is $361.82 and its two-hundred day moving average is $358.41. Marriott International, Inc. has a 12-month low of $256.76 and a 12-month high of $410.98.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Monday, August 3rd. The company reported $3.19 EPS for the quarter, beating the consensus estimate of $3.08 by $0.11. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.The business had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $7.19 billion. During the same period last year, the firm earned $2.65 EPS. The company’s quarterly revenue was up 4.8% compared to the same quarter last year. Marriott International has set its FY 2026 guidance at 11.640-11.810 EPS and its Q3 2026 guidance at 2.740-2.820 EPS. Equities analysts forecast that Marriott International, Inc. will post 11.7 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, August 20th will be paid a dividend of $0.73 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.9%. Marriott International’s dividend payout ratio is 30.26%.

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.