Marriott International, Inc. $MAR Position Lifted by Concord Investment Counsel Inc.

Key Points

• Concord Investment Counsel boosted its Marriott International stake by 29.6% in the fourth quarter, and Marriott now ranks as the firm’s 13th-largest holding, worth about $8.62 million.
• Analysts remain generally constructive on MAR, with a Moderate Buy consensus and a target price of $382.07; several firms recently raised targets even as ratings stayed mostly neutral.
• Marriott reported Q1 earnings of $2.72 per share, beating estimates, and also raised its quarterly dividend to $0.73 per share. The stock traded near its 52-week high at $385.76.

Concord Investment Counsel Inc. raised its stake in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) by 29.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 27,785 shares of the company's stock after acquiring an additional 6,348 shares during the quarter. Marriott International makes up 2.8% of Concord Investment Counsel Inc.'s portfolio, making the stock its 13th biggest position. Concord Investment Counsel Inc.'s holdings in Marriott International were worth $8,620,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in the stock. Basepoint Wealth LLC bought a new position in Marriott International during the 4th quarter valued at $28,000. Intech Investment Management LLC lifted its position in shares of Marriott International by 31.6% in the 4th quarter. Intech Investment Management LLC now owns 7,657 shares of the company's stock worth $2,376,000 after buying an additional 1,839 shares during the last quarter. Houlihan Financial Resource Group Ltd. bought a new position in shares of Marriott International in the 4th quarter worth about $854,000. Foundations Investment Advisors LLC lifted its position in shares of Marriott International by 247.6% in the 4th quarter. Foundations Investment Advisors LLC now owns 14,129 shares of the company's stock worth $4,383,000 after buying an additional 10,064 shares during the last quarter. Finally, Godfrey Financial Associates Inc. bought a new position in shares of Marriott International in the 4th quarter worth about $31,000. 70.70% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Robert W. Baird reduced their price target on shares of Marriott International from $388.00 to $386.00 and set a "neutral" rating on the stock in a research report on Thursday, May 7th. Susquehanna raised their price target on shares of Marriott International from $280.00 to $385.00 and gave the stock a "neutral" rating in a research report on Thursday, April 23rd. Barclays raised their price target on shares of Marriott International from $372.00 to $376.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 7th. Weiss Ratings restated a "buy (b)" rating on shares of Marriott International in a research report on Monday, May 11th. Finally, JPMorgan Chase & Co. raised their price target on shares of Marriott International from $356.00 to $383.00 and gave the stock a "neutral" rating in a research report on Tuesday, April 21st. Eight equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Marriott International presently has a consensus rating of "Moderate Buy" and a consensus target price of $382.07.

Marriott International Stock Down 0.0%

MAR stock opened at $385.76 on Friday. Marriott International, Inc. has a fifty-two week low of $253.55 and a fifty-two week high of $388.37. The firm's 50-day simple moving average is $351.97 and its 200 day simple moving average is $329.71. The stock has a market cap of $101.72 billion, a PE ratio of 40.48, a price-to-earnings-growth ratio of 3.07 and a beta of 1.11.

Marriott International (NASDAQ:MAR - Get Free Report) last released its quarterly earnings data 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. Marriott International had a net margin of 9.72% and a negative return on equity of 80.97%. The business had revenue of $1.81 billion for the quarter, compared to analysts' expectations of $6.59 billion. During the same quarter last year, the company earned $2.32 EPS. The company's revenue for the quarter was up 6.2% compared to the same quarter last year. 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. Equities analysts forecast that Marriott International, Inc. will post 11.66 EPS for the current fiscal year.

Marriott International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd will be paid a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Friday, May 22nd. This is a positive change from Marriott International's previous quarterly dividend of $0.67. 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 firm's stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $361.56, for a total transaction of $1,084,680.00. Following 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 11.43% of the company's stock.

Marriott International Company 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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