NBH Bank Acquires New Shares in Marriott International, Inc. $MAR

Key Points

• NBH Bank acquired 3,300 Marriott shares during the second quarter, valued at approximately $1.223 million. Institutional investors collectively own 70.70% of Marriott’s outstanding stock.
• Analysts maintain a “Moderate Buy” consensus, with an average price target of $385.65. Ratings include one Strong Buy, eleven Buys and ten Holds.
• Marriott reported quarterly earnings of $3.19 per share, exceeding estimates of $3.08, while revenue increased 4.8% year over year. The company also declared a quarterly dividend of $0.73 per share, implying a 0.9% yield.

NBH Bank acquired a new position in Marriott International, Inc. (NASDAQ:MAR - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,300 shares of the company's stock, valued at approximately $1,223,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MAR. Frederick Financial Consultants LLC lifted its stake in shares of Marriott International by 0.8% in the 4th quarter. Frederick Financial Consultants LLC now owns 3,531 shares of the company's stock valued at $1,095,000 after purchasing an additional 28 shares during the last quarter. World Equity Group Inc. lifted its position in Marriott International by 2.0% in the second quarter. World Equity Group Inc. now owns 1,437 shares of the company's stock valued at $533,000 after buying an additional 28 shares during the last quarter. Haven Capital Group Inc. boosted its stake in Marriott International by 0.3% during the first quarter. Haven Capital Group Inc. now owns 10,064 shares of the company's stock worth $3,292,000 after buying an additional 30 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in shares of Marriott International by 1.2% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,472 shares of the company's stock valued at $808,000 after acquiring an additional 30 shares during the last quarter. Finally, Paragon Private Wealth Management LLC raised its stake in shares of Marriott International by 4.4% in the 1st quarter. Paragon Private Wealth Management LLC now owns 743 shares of the company's stock valued at $243,000 after acquiring an additional 31 shares during the period. Hedge funds and other institutional investors own 70.70% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Mizuho dropped their target price on shares of Marriott International from $384.00 to $374.00 and set a "neutral" rating for the company in a report on Tuesday, August 4th. JPMorgan Chase & Co. upped their price target on Marriott International from $387.00 to $400.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 21st. CICC Research started coverage on Marriott International in a research note on Wednesday, August 12th. They issued an "outperform" rating for the company. BMO Capital Markets cut their price objective on Marriott International from $410.00 to $395.00 and set an "outperform" rating on the stock in a report on Tuesday, August 4th. Finally, Wolfe Research started coverage on Marriott International in a report on Wednesday. They set a "hold" rating for the company. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $385.65.

Marriott International Stock Performance

Shares of MAR opened at $336.51 on Friday. Marriott International, Inc. has a 1 year low of $256.76 and a 1 year high of $410.98. The stock has a market capitalization of $87.75 billion, a PE ratio of 34.87, a PEG ratio of 2.53 and a beta of 1.11. The stock has a 50-day simple moving average of $361.82 and a 200-day simple moving average of $358.41.

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

Marriott International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, August 20th will be issued a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Thursday, August 20th. Marriott International's dividend payout ratio (DPR) is presently 30.26%.

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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