Hennion & Walsh Asset Management Inc. Has $938,000 Stock Position in Marriott International, Inc. $MAR

Hennion & Walsh Asset Management Inc. lowered its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 58.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,531 shares of the company’s stock after selling 3,619 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Marriott International were worth $938,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in MAR. Norges Bank bought a new stake in Marriott International during the fourth quarter worth $812,570,000. Diamant Asset Management Inc. increased its stake in shares of Marriott International by 32,607.0% during the 1st quarter. Diamant Asset Management Inc. now owns 490,605 shares of the company’s stock worth $16,046,000 after purchasing an additional 489,105 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Marriott International by 37.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,363,845 shares of the company’s stock valued at $423,119,000 after purchasing an additional 374,497 shares during the period. Capital International Investors lifted its stake in Marriott International by 7.1% in the 4th quarter. Capital International Investors now owns 4,107,531 shares of the company’s stock valued at $1,274,475,000 after purchasing an additional 272,250 shares during the last quarter. Finally, Amundi grew its holdings in Marriott International by 52.0% during the third quarter. Amundi now owns 741,408 shares of the company’s stock worth $201,618,000 after purchasing an additional 253,696 shares during the period. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Weiss Ratings restated a “buy (b)” rating on shares of Marriott International in a research note on Friday, August 7th. BMO Capital Markets decreased their target price on Marriott International from $410.00 to $395.00 and set an “outperform” rating on the stock in a report on Tuesday, August 4th. UBS Group reaffirmed a “neutral” rating on shares of Marriott International in a report on Tuesday, August 4th. Stifel Nicolaus lifted their price objective on shares of Marriott International from $352.00 to $365.00 and gave the stock a “hold” rating in a research report on Friday, July 17th. Finally, China Intl Cap raised shares of Marriott International to a “strong-buy” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, Marriott International presently has a consensus rating of “Moderate Buy” and a consensus price target of $386.65.

Insider Buying and Selling at Marriott International

In other news, EVP Peggy Roe sold 3,000 shares of the company’s stock in a transaction that occurred on 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 completion of the sale, the executive vice president 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 legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 11.43% of the company’s stock.

Marriott International Price Performance

MAR opened at $352.53 on Friday. The business has a fifty day simple moving average of $374.90 and a 200 day simple moving average of $356.36. Marriott International, Inc. has a 1 year low of $256.76 and a 1 year high of $410.98. The company has a market capitalization of $91.93 billion, a PE ratio of 36.53, a price-to-earnings-growth ratio of 2.75 and a beta of 1.10.

Marriott International (NASDAQ:MAR) last announced 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. 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 quarter in the prior year, the business posted $2.65 EPS. The business’s 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. Equities analysts anticipate that Marriott International, Inc. will post 11.7 earnings per share for the current fiscal year.

Marriott International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, August 20th will be given a $0.73 dividend. The ex-dividend date is Thursday, August 20th. This represents a $2.92 annualized dividend and a dividend yield of 0.8%. Marriott International’s 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.