Elevation Point Wealth Partners LLC Makes New $742,000 Investment in Marriott International, Inc. $MAR

Elevation Point Wealth Partners LLC purchased a new stake in Marriott International, Inc. (NASDAQ:MAR) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 2,267 shares of the company’s stock, valued at approximately $742,000.

Several other hedge funds have also modified their holdings of MAR. Wellington Management Group LLP boosted its holdings in Marriott International by 21.7% in the third quarter. Wellington Management Group LLP now owns 9,175,377 shares of the company’s stock valued at $2,389,635,000 after purchasing an additional 1,637,119 shares in the last quarter. Invesco Ltd. lifted its position in shares of Marriott International by 2.7% during the 4th quarter. Invesco Ltd. now owns 4,440,359 shares of the company’s stock worth $1,377,577,000 after buying an additional 118,504 shares during the last quarter. Capital International Investors boosted its holdings in shares of Marriott International by 7.1% in the 4th quarter. Capital International Investors now owns 4,107,531 shares of the company’s stock valued at $1,274,475,000 after buying an additional 272,250 shares in the last quarter. Norges Bank purchased a new position in shares of Marriott International in the 4th quarter valued at $812,570,000. Finally, Price T Rowe Associates Inc. MD raised its stake in Marriott International by 13.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,879,028 shares of the company’s stock worth $582,952,000 after acquiring an additional 219,579 shares in the last quarter. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Marriott International

Here are the key news stories impacting Marriott International this week:

• Positive Sentiment: Marriott announced plans to enter Saudi Arabia’s Asir region with a Westin Abha hotel, signaling continued international expansion and added fee-based growth opportunities. Marriott to enter Saudi Arabia’s Asir region with Westin Abha hotel
• Positive Sentiment: Related reports said Marriott signed an agreement to open the Westin hotel in Abha, reinforcing momentum for new development and brand growth in the Middle East. Marriott International signs agreement to open a Westin Hotel in Abha, Saudi Arabia
• Positive Sentiment: Hawkins Way Capital converted a Chicago hotel into a Series by Marriott property, showing continued demand from owners to join Marriott’s system and expand the company’s managed/franchised base. Hawkins Way converts Chicago hotel under Series by Marriott
• Neutral Sentiment: Travel articles naming the best Marriott hotels in Athens and Seattle help keep the brand visible to consumers, but they are not likely to materially affect earnings near term. Best Marriott International Hotels in Athens for 2026
• Neutral Sentiment: Another industry article referenced a strategic partnership among hotels, but the headline does not clearly indicate a direct material impact on Marriott’s financial outlook. Hotels announce new strategic partnership

Marriott International Stock Performance

Shares of NASDAQ MAR opened at $380.75 on Wednesday. The company’s fifty day moving average is $374.50 and its two-hundred day moving average is $347.30. The firm has a market capitalization of $100.40 billion, a P/E ratio of 39.95, a PEG ratio of 3.02 and a beta of 1.11. Marriott International, Inc. has a one year low of $253.76 and a one year high of $410.98.

Marriott International (NASDAQ:MAR) last released its quarterly earnings data on Wednesday, May 6th. The company reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.56 by $0.16. The firm had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $6.59 billion. Marriott International had a negative return on equity of 80.97% and a net margin of 9.72%.Marriott International’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period last year, the business posted $2.32 EPS. 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, sell-side analysts forecast that Marriott International, Inc. will post 11.64 earnings per share for the current fiscal year.

Marriott International Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, May 22nd were given a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 0.8%. This is a boost from Marriott International’s previous quarterly dividend of $0.67. The ex-dividend date was Friday, May 22nd. Marriott International’s dividend payout ratio (DPR) is currently 30.64%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on MAR shares. Morgan Stanley raised their price target on Marriott International from $350.00 to $353.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. UBS Group increased their price objective on Marriott International from $336.00 to $412.00 and gave the company a “neutral” rating in a report on Monday, June 15th. JPMorgan Chase & Co. lifted their target price on shares of Marriott International from $356.00 to $383.00 and gave the company a “neutral” rating in a report on Tuesday, April 21st. Susquehanna upped their price target on shares of Marriott International from $280.00 to $385.00 and gave the company a “neutral” rating in a research report on Thursday, April 23rd. Finally, Mizuho raised their price objective on shares of Marriott International from $343.00 to $384.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Eight equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $384.73.

Insider Buying and Selling

In related news, EVP Peggy Roe sold 3,000 shares of the business’s stock in a transaction that occurred 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 sale, the executive vice president directly owned 19,827 shares in the company, valued at approximately $7,168,650.12. The trade was a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 11.43% of the stock is owned by company insiders.

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.