Diamant Asset Management Inc. Grows Position in Marriott International, Inc. $MAR

Diamant Asset Management Inc. raised its position in Marriott International, Inc. (NASDAQ:MAR) by 32,607.0% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 490,605 shares of the company’s stock after acquiring an additional 489,105 shares during the quarter. Diamant Asset Management Inc. owned approximately 0.19% of Marriott International worth $16,046,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Kemnay Advisory Services Inc. acquired a new stake in shares of Marriott International in the 4th quarter valued at $27,000. McMillan Office Inc. purchased a new stake in Marriott International during the 4th quarter worth about $27,000. Triumph Capital Management acquired a new position in shares of Marriott International during the 3rd quarter worth about $28,000. Basepoint Wealth LLC purchased a new position in shares of Marriott International in the 4th quarter valued at about $28,000. Finally, Godfrey Financial Associates Inc. acquired a new stake in shares of Marriott International during the 4th quarter worth about $31,000. 70.70% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Marriott International

In related news, EVP Peggy Roe sold 3,000 shares of the firm’s stock in a transaction dated 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. This trade represents a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 11.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on MAR shares. Mizuho upped their price target on Marriott International from $343.00 to $384.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Susquehanna boosted their price objective on shares of Marriott International from $280.00 to $385.00 and gave the stock a “neutral” rating in a research report on Thursday, April 23rd. JPMorgan Chase & Co. increased their target price on shares of Marriott International from $356.00 to $383.00 and gave the company a “neutral” rating in a research report on Tuesday, April 21st. Barclays lifted their price target on shares of Marriott International from $372.00 to $376.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 7th. Finally, Truist Financial upped their price objective on shares of Marriott International from $350.00 to $356.00 and gave the company a “hold” rating in a research note on Tuesday, May 26th. Eight equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $384.73.

Marriott International Trading Down 0.4%

Shares of NASDAQ MAR opened at $377.31 on Friday. The stock has a market cap of $99.49 billion, a P/E ratio of 39.59, a P/E/G ratio of 3.00 and a beta of 1.10. The stock has a 50 day moving average of $374.03 and a two-hundred day moving average of $343.18. Marriott International, Inc. has a twelve month low of $253.76 and a twelve month high of $410.98.

Marriott International (NASDAQ:MAR) last announced its 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 business had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $6.59 billion. During the same period in the previous year, the company posted $2.32 EPS. The company’s quarterly revenue was up 6.2% on a year-over-year basis. 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 predict that Marriott International, Inc. will post 11.64 earnings per share for the current year.

Marriott International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd will be issued a $0.73 dividend. The ex-dividend date of this dividend 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 0.8%. Marriott International’s dividend payout ratio is currently 30.64%.

Marriott International 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.