Marriott International, Inc. $MAR Holdings Trimmed by SummitTX Capital L.P.

SummitTX Capital L.P. cut its holdings in Marriott International, Inc. (NASDAQ:MAR) by 85.1% during the 1st quarter, Holdings Channel.com reports. The fund owned 1,231 shares of the company’s stock after selling 7,041 shares during the quarter. SummitTX Capital L.P.’s holdings in Marriott International were worth $403,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Wilkerson Advisory Group LLC grew its stake in shares of Marriott International by 127.0% in the 1st quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock worth $27,000 after purchasing an additional 47 shares during the last quarter. Kemnay Advisory Services Inc. bought a new stake in shares of Marriott International in the 4th quarter worth approximately $27,000. McMillan Office Inc. acquired a new stake in Marriott International during the fourth quarter valued at approximately $27,000. Basepoint Wealth LLC bought a new stake in Marriott International during the fourth quarter worth approximately $28,000. Finally, Triumph Capital Management acquired a new position in Marriott International in the third quarter worth approximately $28,000. 70.70% of the stock is owned by institutional investors and hedge funds.

Marriott International Trading Down 0.7%

Shares of MAR stock opened at $372.95 on Friday. The company has a market capitalization of $98.34 billion, a price-to-earnings ratio of 39.13, a P/E/G ratio of 2.94 and a beta of 1.11. Marriott International, Inc. has a 1-year low of $253.76 and a 1-year high of $410.98. The stock’s fifty day simple moving average is $379.52 and its 200-day simple moving average is $354.20.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.56 by $0.16. Marriott International had a negative return on equity of 80.97% and a net margin of 9.72%.The firm had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $6.59 billion. During the same period in the prior year, the business earned $2.32 EPS. The business’s revenue for the quarter 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. On average, sell-side analysts predict that Marriott International, Inc. will post 11.66 EPS for the current year.

Marriott International Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, May 22nd were issued a dividend of $0.73 per share. This is an increase from Marriott International’s previous quarterly dividend of $0.67. This represents a $2.92 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Friday, May 22nd. 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 company’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 transaction, the executive vice president owned 19,827 shares in the company, valued at approximately $7,168,650.12. This represents a 13.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 11.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Barclays increased their price objective on Marriott International from $376.00 to $379.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 21st. Robert W. Baird cut their target price on Marriott International from $388.00 to $386.00 and set a “neutral” rating on the stock in a research report on Thursday, May 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Marriott International in a report on Monday, May 11th. Wells Fargo & Company increased their price target on Marriott International from $446.00 to $449.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Finally, TD Cowen boosted their price objective on Marriott International from $410.00 to $420.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. Nine investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, Marriott International presently has a consensus rating of “Moderate Buy” and a consensus target price of $388.59.

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.