Sigma Planning Corp Purchases 2,129 Shares of Marriott International, Inc. $MAR

Sigma Planning Corp increased its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 76.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,899 shares of the company’s stock after purchasing an additional 2,129 shares during the period. Sigma Planning Corp’s holdings in Marriott International were worth $1,602,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kemnay Advisory Services Inc. acquired a new position in shares of Marriott International in the 4th quarter valued at $27,000. McMillan Office Inc. bought a new stake in Marriott International in the fourth quarter valued at about $27,000. Triumph Capital Management acquired a new position in Marriott International in the third quarter worth about $28,000. Basepoint Wealth LLC bought a new position in Marriott International during the fourth quarter worth about $28,000. Finally, Godfrey Financial Associates Inc. acquired a new stake in Marriott International during the fourth quarter valued at approximately $31,000. 70.70% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on MAR shares. JPMorgan Chase & Co. increased their target price on Marriott International from $356.00 to $383.00 and gave the stock a “neutral” rating in a report on Tuesday, April 21st. Truist Financial increased their price objective on Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a research note on Tuesday, May 26th. Barclays boosted their target price on shares of Marriott International from $372.00 to $376.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Robert W. Baird lowered their target price on shares of Marriott International from $388.00 to $386.00 and set a “neutral” rating on the stock in a report on Thursday, May 7th. Finally, Sanford C. Bernstein set a $412.00 price target on shares of Marriott International in a report on Monday, June 15th. Eight equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $385.38.

Insider Transactions at Marriott International

In other news, EVP Peggy Roe sold 3,000 shares of the business’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $361.56, for a total transaction of $1,084,680.00. Following the completion of the transaction, the executive vice president directly owned 19,827 shares in the company, valued at approximately $7,168,650.12. The trade was a 13.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 11.43% of the company’s stock.

Marriott International Stock Down 1.3%

Shares of MAR opened at $366.24 on Friday. The stock’s fifty day simple moving average is $376.48 and its 200-day simple moving average is $350.20. The firm has a market capitalization of $96.57 billion, a PE ratio of 38.43, a price-to-earnings-growth ratio of 2.95 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.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.56 by $0.16. The firm had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $6.59 billion. Marriott International had a net margin of 9.72% and a negative return on equity of 80.97%. The business’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same period last year, the firm earned $2.32 earnings per share. 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. Analysts anticipate that Marriott International, Inc. will post 11.64 EPS for the current year.

Marriott International Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd were paid a $0.73 dividend. The ex-dividend date of this dividend was Friday, May 22nd. This is a positive change from Marriott International’s previous quarterly dividend of $0.67. This represents a $2.92 annualized dividend and a yield of 0.8%. Marriott International’s 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.