Alpine Global Management LLC Buys Shares of 1,571 Marriott International, Inc. $MAR

Alpine Global Management LLC purchased a new position in Marriott International, Inc. (NASDAQ:MARFree Report) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 1,571 shares of the company’s stock, valued at approximately $487,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in MAR. Frederick Financial Consultants LLC raised its position in shares of Marriott International by 0.8% in the 4th quarter. Frederick Financial Consultants LLC now owns 3,531 shares of the company’s stock valued at $1,095,000 after acquiring an additional 28 shares during the period. Transamerica Financial Advisors LLC grew its holdings in Marriott International by 34.8% during the fourth quarter. Transamerica Financial Advisors LLC now owns 120 shares of the company’s stock valued at $37,000 after purchasing an additional 31 shares during the period. Optimize Financial Inc increased its stake in Marriott International by 1.4% in the fourth quarter. Optimize Financial Inc now owns 2,284 shares of the company’s stock valued at $709,000 after purchasing an additional 32 shares in the last quarter. Bridges Investment Management Inc. raised its holdings in Marriott International by 1.0% in the fourth quarter. Bridges Investment Management Inc. now owns 3,277 shares of the company’s stock worth $1,017,000 after purchasing an additional 32 shares during the period. Finally, Riversedge Advisors LLC boosted its position in shares of Marriott International by 3.0% during the fourth quarter. Riversedge Advisors LLC now owns 1,149 shares of the company’s stock worth $357,000 after purchasing an additional 33 shares in the last quarter. Institutional investors own 70.70% of the company’s stock.

Marriott International Stock Performance

NASDAQ:MAR opened at $396.20 on Friday. The stock has a market capitalization of $104.47 billion, a PE ratio of 41.57, a P/E/G ratio of 3.15 and a beta of 1.10. Marriott International, Inc. has a 1-year low of $253.76 and a 1-year high of $410.98. The firm has a fifty day simple moving average of $371.76 and a 200 day simple moving average of $340.33.

Marriott International (NASDAQ:MARGet Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 EPS for the quarter, beating analysts’ consensus estimates of $2.56 by $0.16. Marriott International had a net margin of 9.72% and a negative return on equity of 80.97%. The firm had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $6.59 billion. During the same quarter last year, the company posted $2.32 earnings per share. The company’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. On average, equities analysts predict that Marriott International, Inc. will post 11.64 earnings per share for the current fiscal year.

Marriott International Increases Dividend

The firm also recently declared 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 an increase from Marriott International’s previous quarterly dividend of $0.67. This represents a $2.92 dividend on an annualized basis and a yield of 0.7%. Marriott International’s dividend payout ratio is 30.64%.

Insider Buying and Selling

In other Marriott International news, EVP Peggy Roe sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was 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 of the company’s stock, valued at $7,168,650.12. The trade was a 13.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 11.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on MAR shares. Sanford C. Bernstein set a $412.00 price objective on shares of Marriott International in a research report on Monday. JPMorgan Chase & Co. boosted their target price on Marriott International from $356.00 to $383.00 and gave the company a “neutral” rating in a research note on Tuesday, April 21st. Truist Financial increased their price target on Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a report on Tuesday, May 26th. Barclays lifted their price objective on Marriott International from $372.00 to $376.00 and gave the company an “equal weight” rating in a report on Thursday, May 7th. Finally, Susquehanna increased their target price on Marriott International from $280.00 to $385.00 and gave the stock a “neutral” rating in a research note on Thursday, April 23rd. Eight equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, Marriott International has a consensus rating of “Moderate Buy” and an average price target of $384.73.

Check Out Our Latest Research Report on MAR

Marriott International Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding MAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marriott International, Inc. (NASDAQ:MARFree Report).

Institutional Ownership by Quarter for Marriott International (NASDAQ:MAR)

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