Abner Herrman & Brock LLC Decreases Stock Position in Marriott International, Inc. $MAR

Key Points

• Abner Herrman & Brock LLC cut its Marriott stake by 18.2% in the second quarter, selling 12,845 shares and retaining 57,741 shares valued at approximately $21.4 million. Institutional investors own 70.7% of Marriott’s stock.
• Analyst sentiment remains positive but mixed: Marriott has a consensus rating of “Moderate Buy” and an average price target of $386.65, with recent target changes ranging from $348 to $385.
• Marriott reported quarterly EPS of $3.19, exceeding the $3.08 estimate, while revenue rose 4.8% year over year. The company also declared a quarterly dividend of $0.73 per share, implying an annualized yield of 0.8%.

Abner Herrman & Brock LLC decreased its holdings in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) by 18.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 57,741 shares of the company's stock after selling 12,845 shares during the quarter. Marriott International comprises about 2.0% of Abner Herrman & Brock LLC's portfolio, making the stock its 19th biggest holding. Abner Herrman & Brock LLC's holdings in Marriott International were worth $21,398,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Evelyn Partners Investment Management Services Ltd acquired a new position in Marriott International during the first quarter worth $25,000. IMG Wealth Management Inc. increased its stake in shares of Marriott International by 100.0% in the 1st quarter. IMG Wealth Management Inc. now owns 82 shares of the company's stock worth $27,000 after acquiring an additional 41 shares during the last quarter. Wilkerson Advisory Group LLC raised its holdings in shares of Marriott International by 127.0% during the 1st quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company's stock worth $27,000 after acquiring an additional 47 shares during the period. McMillan Office Inc. acquired a new position in shares of Marriott International during the 4th quarter valued at about $27,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of Marriott International in the fourth quarter valued at about $27,000. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Marriott International news, EVP Peggy Roe sold 3,000 shares of the 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 sale, the executive vice president directly owned 19,827 shares of the company's stock, valued at approximately $7,168,650.12. This represents a 13.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 11.43% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Stifel Nicolaus lifted their target price on shares of Marriott International from $352.00 to $365.00 and gave the stock a "hold" rating in a research note on Friday, July 17th. UBS Group reissued a "neutral" rating on shares of Marriott International in a research note on Tuesday. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Marriott International in a research report on Monday, May 11th. Barclays cut their target price on Marriott International from $379.00 to $348.00 and set an "equal weight" rating for the company in a research note on Tuesday. Finally, Susquehanna upped their price target on Marriott International from $280.00 to $385.00 and gave the company a "neutral" rating in a research note on Thursday, April 23rd. Nine investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $386.65.

Marriott International Stock Performance

Shares of MAR stock opened at $353.91 on Friday. Marriott International, Inc. has a fifty-two week low of $256.49 and a fifty-two week high of $410.98. The company has a 50 day moving average price of $377.05 and a 200 day moving average price of $355.24. The stock has a market capitalization of $92.29 billion, a P/E ratio of 36.67, a price-to-earnings-growth ratio of 2.79 and a beta of 1.10.

Marriott International (NASDAQ:MAR - Get Free Report) last released its earnings results on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.08 by $0.11. The company had revenue of $2.01 billion for the quarter, compared to analyst estimates of $7.19 billion. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The firm's quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the business earned $2.65 EPS. Marriott International has set its FY 2026 guidance at 11.640-11.810 EPS and its Q3 2026 guidance at 2.740-2.820 EPS. On average, research analysts forecast that Marriott International, Inc. will post 11.7 EPS for the current fiscal year.

Marriott International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, August 20th will be paid a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Thursday, August 20th. Marriott International's dividend payout ratio is presently 30.26%.

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.

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