D.A. Davidson & CO. Sells 3,214 Shares of Marriott International, Inc. $MAR

D.A. Davidson & CO. decreased its position in Marriott International, Inc. (NASDAQ:MAR) by 32.3% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 6,725 shares of the company’s stock after selling 3,214 shares during the period. D.A. Davidson & CO.’s holdings in Marriott International were worth $2,200,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MAR. Beaumont Financial Advisors LLC purchased a new stake in Marriott International during the 1st quarter valued at $263,000. Blackhawk Capital Partners LLC increased its position in shares of Marriott International by 4.4% in the first quarter. Blackhawk Capital Partners LLC now owns 858 shares of the company’s stock valued at $281,000 after acquiring an additional 36 shares during the period. MASTERINVEST Kapitalanlage GmbH raised its stake in shares of Marriott International by 59.0% during the first quarter. MASTERINVEST Kapitalanlage GmbH now owns 3,859 shares of the company’s stock valued at $1,262,000 after acquiring an additional 1,432 shares during the last quarter. NFSG Corp boosted its holdings in shares of Marriott International by 3,675.0% during the first quarter. NFSG Corp now owns 755 shares of the company’s stock worth $247,000 after purchasing an additional 735 shares during the period. Finally, Ethos Financial Group LLC grew its stake in shares of Marriott International by 23.2% in the first quarter. Ethos Financial Group LLC now owns 2,130 shares of the company’s stock worth $664,000 after purchasing an additional 401 shares during the last quarter. 70.70% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Marriott International news, EVP Peggy Roe sold 3,000 shares of the firm’s stock in a transaction 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 completion of the transaction, the executive vice president owned 19,827 shares of the company’s stock, valued at approximately $7,168,650.12. This trade represents a 13.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 11.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on MAR. JPMorgan Chase & Co. upped their price target on Marriott International from $356.00 to $383.00 and gave the company a “neutral” rating in a research report on Tuesday, April 21st. Morgan Stanley lifted their price objective on Marriott International from $353.00 to $380.00 and gave the stock an “overweight” rating in a research report on Friday. UBS Group upped their target price on Marriott International from $336.00 to $412.00 and gave the company a “neutral” rating in a report on Monday, June 15th. Truist Financial raised their price target on Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a research note on Tuesday, May 26th. Finally, Robert W. Baird cut their price target on shares of Marriott International from $388.00 to $386.00 and set a “neutral” rating on the stock in a report on Thursday, May 7th. Eight research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $385.38.

Marriott International Price Performance

Shares of MAR opened at $366.93 on Tuesday. The company has a 50-day simple moving average of $376.76 and a two-hundred day simple moving average of $350.82. The firm has a market capitalization of $96.76 billion, a PE ratio of 38.50, a price-to-earnings-growth ratio of 2.91 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 posted its earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share for the quarter, topping analysts’ consensus estimates of $2.56 by $0.16. The firm had revenue of $1.81 billion for 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%.The business’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $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. Analysts expect that Marriott International, Inc. will post 11.64 EPS for the current fiscal year.

Marriott International Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd were issued a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a yield of 0.8%. This is a positive change from Marriott International’s previous quarterly dividend of $0.67. The ex-dividend date was Friday, May 22nd. Marriott International’s dividend payout ratio is currently 30.64%.

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.