Security National Bank Raises Position in Marriott International, Inc. $MAR

Security National Bank grew its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 2,060.0% during the third quarter, according to its most recent filing with the SEC. The firm owned 1,728 shares of the company’s stock after acquiring an additional 1,648 shares during the period. Security National Bank’s holdings in Marriott International were worth $450,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in MAR. AlphaQuest LLC lifted its position in Marriott International by 2,750.0% during the second quarter. AlphaQuest LLC now owns 114 shares of the company’s stock valued at $31,000 after buying an additional 110 shares during the period. Addison Advisors LLC bought a new position in shares of Marriott International in the 2nd quarter worth about $34,000. Darwin Wealth Management LLC bought a new stake in Marriott International during the second quarter worth about $37,000. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in Marriott International in the second quarter worth about $38,000. Finally, Westside Investment Management Inc. increased its stake in shares of Marriott International by 198.0% during the second quarter. Westside Investment Management Inc. now owns 149 shares of the company’s stock valued at $41,000 after purchasing an additional 99 shares in the last quarter. 70.70% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, insider William P. Brown sold 6,666 shares of the business’s stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $280.04, for a total transaction of $1,866,746.64. Following the completion of the sale, the insider directly owned 11,000 shares in the company, valued at approximately $3,080,440. The trade was a 37.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Benjamin T. Breland sold 1,650 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $286.10, for a total transaction of $472,065.00. Following the sale, the executive vice president directly owned 18,225 shares of the company’s stock, valued at approximately $5,214,172.50. This represents a 8.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 88,289 shares of company stock valued at $25,669,425. 10.68% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Robert W. Baird cut their price target on Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 21st. Morgan Stanley cut their target price on Marriott International from $302.00 to $296.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 22nd. BMO Capital Markets lifted their price target on Marriott International from $280.00 to $285.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 5th. Barclays increased their price objective on shares of Marriott International from $274.00 to $276.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 17th. Finally, Truist Financial lifted their target price on shares of Marriott International from $278.00 to $283.00 and gave the stock a “hold” rating in a report on Thursday, December 4th. Three investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, Marriott International currently has an average rating of “Moderate Buy” and an average target price of $297.00.

Marriott International Stock Down 0.2%

MAR opened at $313.89 on Wednesday. Marriott International, Inc. has a twelve month low of $205.40 and a twelve month high of $316.69. The firm has a 50 day moving average price of $292.35 and a 200-day moving average price of $276.27. The stock has a market capitalization of $84.23 billion, a price-to-earnings ratio of 33.15, a PEG ratio of 3.04 and a beta of 1.16.

Marriott International (NASDAQ:MAR) last posted its earnings results on Tuesday, November 4th. The company reported $2.47 EPS for the quarter, topping analysts’ consensus estimates of $2.38 by $0.09. The business had revenue of $1.73 billion during the quarter, compared to the consensus estimate of $6.46 billion. Marriott International had a net margin of 10.07% and a negative return on equity of 89.29%. Marriott International has set its Q4 2025 guidance at 2.540-2.620 EPS and its FY 2025 guidance at 9.980-10.060 EPS. As a group, analysts expect that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Thursday, November 20th will be issued a $0.67 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $2.68 dividend on an annualized basis and a yield of 0.9%. Marriott International’s dividend payout ratio is currently 28.30%.

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.