Seneca House Advisors Grows Stock Holdings in Marriott International, Inc. $MAR

Seneca House Advisors increased its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 16.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,724 shares of the company’s stock after purchasing an additional 2,084 shares during the period. Marriott International accounts for approximately 1.9% of Seneca House Advisors’ portfolio, making the stock its 19th largest position. Seneca House Advisors’ holdings in Marriott International were worth $4,816,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of MAR. Frederick Financial Consultants LLC boosted its position in shares of Marriott International by 0.8% during the 4th quarter. Frederick Financial Consultants LLC now owns 3,531 shares of the company’s stock worth $1,095,000 after acquiring an additional 28 shares in the last quarter. Haven Capital Group Inc. lifted 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 purchasing an additional 30 shares during the last quarter. Transamerica Financial Advisors LLC boosted its holdings in Marriott International by 34.8% in the fourth quarter. Transamerica Financial Advisors LLC now owns 120 shares of the company’s stock valued at $37,000 after purchasing an additional 31 shares in the last quarter. Optimize Financial Inc increased its stake in Marriott International by 1.4% in the fourth quarter. Optimize Financial Inc now owns 2,284 shares of the company’s stock valued at $709,000 after purchasing an additional 32 shares during the last quarter. Finally, Bridges Investment Management Inc. raised its holdings in Marriott International by 1.0% during the fourth quarter. Bridges Investment Management Inc. now owns 3,277 shares of the company’s stock worth $1,017,000 after purchasing an additional 32 shares in the last quarter. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Marriott International news, EVP Peggy Roe sold 3,000 shares of Marriott International stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $361.56, for a total value of $1,084,680.00. Following the sale, the executive vice president owned 19,827 shares of the company’s stock, valued at approximately $7,168,650.12. The trade was a 13.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 11.43% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

MAR has been the subject of several research analyst reports. Sanford C. Bernstein set a $412.00 target price on shares of Marriott International in a report on Monday, June 15th. UBS Group upped their price objective on shares of Marriott International from $336.00 to $412.00 and gave the company a “neutral” rating in a research note on Monday, June 15th. Truist Financial raised their price objective on Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a report on Tuesday, May 26th. Wells Fargo & Company boosted their target price on Marriott International to $446.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Finally, Barclays raised their price target on Marriott International from $372.00 to $376.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 7th. Eight analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $384.73.

Marriott International Stock Performance

Marriott International stock traded up $3.64 during midday trading on Friday, hitting $376.11. 1,028,410 shares of the company’s stock were exchanged, compared to its average volume of 1,521,519. The stock has a market cap of $99.18 billion, a price-to-earnings ratio of 39.47, a price-to-earnings-growth ratio of 2.99 and a beta of 1.11. Marriott International, Inc. has a 12-month low of $253.76 and a 12-month high of $410.98. The firm’s 50 day simple moving average is $375.43 and its 200 day simple moving average is $348.38.

Marriott International (NASDAQ:MAR) last announced its earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $6.59 billion. During the same quarter in the prior year, the firm earned $2.32 earnings per share. The business’s quarterly revenue 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. On average, equities research analysts forecast that Marriott International, Inc. will post 11.64 EPS for the current fiscal year.

Marriott International Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, May 22nd were issued a dividend of $0.73 per share. This is an increase from Marriott International’s previous quarterly dividend of $0.67. This represents a $2.92 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Friday, May 22nd. Marriott International’s dividend payout ratio is currently 30.64%.

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.