Ancora Advisors LLC Cuts Stock Position in Marriott International, Inc. $MAR

Ancora Advisors LLC decreased its position in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) by 3.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 92,037 shares of the company's stock after selling 3,037 shares during the period. Ancora Advisors LLC's holdings in Marriott International were worth $34,108,000 as of its most recent filing with the Securities & Exchange Commission.

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 1st quarter valued at about $25,000. Wilkerson Advisory Group LLC increased its holdings in shares of Marriott International by 127.0% during the first quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company's stock valued at $27,000 after acquiring an additional 47 shares in the last quarter. IMG Wealth Management Inc. boosted its stake in 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 purchasing an additional 41 shares in the last quarter. Kemnay Advisory Services Inc. purchased a new stake in Marriott International during the 4th quarter worth approximately $27,000. Finally, McMillan Office Inc. acquired a new position in Marriott International during the 4th quarter valued at approximately $27,000. 70.70% of the stock is owned by institutional investors and hedge funds.

Marriott International Price Performance

Shares of NASDAQ MAR opened at $341.76 on Tuesday. The stock has a market capitalization of $89.12 billion, a price-to-earnings ratio of 35.42, a PEG ratio of 2.72 and a beta of 1.10. The firm's 50 day simple moving average is $365.55 and its 200-day simple moving average is $359.01. Marriott International, Inc. has a 12 month low of $256.76 and a 12 month high of $410.98.

Marriott International (NASDAQ:MAR - Get Free Report) last announced its quarterly 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 firm had revenue of $2.01 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.65 earnings per share. 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. Analysts anticipate that Marriott International, Inc. will post 11.7 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, August 20th will be paid a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Thursday, August 20th. Marriott International's payout ratio is currently 30.26%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Mizuho cut their target price on Marriott International from $384.00 to $374.00 and set a "neutral" rating on the stock in a research report on Tuesday, August 4th. UBS Group lowered their price target on Marriott International from $412.00 to $395.00 and set a "neutral" rating for the company in a research report on Thursday, August 20th. Truist Financial increased their price objective on Marriott International from $350.00 to $356.00 and gave the company a "hold" rating in a report on Tuesday, May 26th. China Intl Cap upgraded Marriott International to a "strong-buy" rating in a research note on Wednesday, August 12th. Finally, Stifel Nicolaus upped their target price on Marriott International from $352.00 to $365.00 and gave the company a "hold" rating in a research report on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $385.65.

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.

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