Marriott International, Inc. $MAR Position Lessened by First Fiduciary Investment Counsel Inc.

First Fiduciary Investment Counsel Inc. decreased its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 2.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 52,115 shares of the company’s stock after selling 1,332 shares during the period. Marriott International accounts for about 3.5% of First Fiduciary Investment Counsel Inc.’s investment portfolio, making the stock its 7th biggest holding. First Fiduciary Investment Counsel Inc.’s holdings in Marriott International were worth $18,536,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Evelyn Partners Investment Management Services Ltd acquired a new position in shares of Marriott International during the 1st quarter valued at $25,000. Wilkerson Advisory Group LLC boosted its stake in Marriott International by 127.0% during the first quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock worth $27,000 after acquiring an additional 47 shares in the last quarter. IMG Wealth Management Inc. grew its holdings in Marriott International by 100.0% in the first quarter. IMG Wealth Management Inc. now owns 82 shares of the company’s stock worth $27,000 after purchasing an additional 41 shares during the period. Scarborough Advisors LLC acquired a new stake in Marriott International in the first quarter worth $32,000. Finally, Meeder Asset Management Inc. increased its stake in Marriott International by 57.6% in the first quarter. Meeder Asset Management Inc. now owns 104 shares of the company’s stock valued at $34,000 after purchasing an additional 38 shares in the last quarter. Institutional investors own 70.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on MAR. Weiss Ratings reiterated a “buy (b)” rating on shares of Marriott International in a report on Friday, August 7th. The Goldman Sachs Group reduced their target price on Marriott International from $405.00 to $400.00 and set a “buy” rating for the company in a research note on Tuesday, August 4th. Truist Financial boosted their target price on Marriott International from $356.00 to $360.00 and gave the company a “hold” rating in a research report on Thursday, September 10th. Barclays boosted their target price on Marriott International from $348.00 to $363.00 and gave the company an “equal weight” rating in a research report on Friday, October 16th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Marriott International from $379.00 to $372.00 and set a “hold” rating on the stock in a research note on Tuesday, August 4th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $383.52.

Marriott International Trading Up 1.1%

NASDAQ MAR opened at $394.40 on Thursday. The company has a fifty day simple moving average of $358.55 and a 200 day simple moving average of $354.99. Marriott International, Inc. has a 12-month low of $256.76 and a 12-month high of $410.98. The company has a market cap of $102.85 billion, a P/E ratio of 40.87, a PEG ratio of 2.94 and a beta of 1.17.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings results on Monday, August 3rd. The company reported $3.19 EPS for the quarter, beating 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 business had revenue of $2.01 billion during the quarter, compared to analyst estimates of $7.19 billion. During the same quarter in the previous year, the business posted $2.65 EPS. Marriott International’s quarterly revenue was up 4.8% on a year-over-year basis. 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. Sell-side analysts predict that Marriott International, Inc. will post 11.72 EPS for the current year.

Marriott International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, August 20th were given a dividend of $0.73 per share. The ex-dividend date of this dividend was Thursday, August 20th. This represents a $2.92 annualized dividend and a dividend yield of 0.7%. Marriott International’s payout ratio is presently 30.26%.

Insider Activity

In other Marriott International news, insider Deborah Harrison sold 3,500 shares of Marriott International stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $352.09, for a total transaction of $1,232,315.00. Following the completion of the transaction, the insider owned 282,383 shares in the company, valued at approximately $99,424,230.47. The trade was a 1.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider David S. Marriott sold 3,500 shares of the business’s stock in a transaction that occurred on Friday, September 25th. The stock was sold at an average price of $352.09, for a total value of $1,232,315.00. Following the sale, the insider directly owned 282,383 shares of the company’s stock, valued at $99,424,230.47. This represents a 1.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 11.43% of the company’s stock.

Marriott International Company Profile

Marriott International, Inc is a global hospitality company that develops, franchises, licenses and manages hotels, resorts, residences and other lodging properties. Its portfolio includes brands such as Marriott Hotels, Sheraton, Westin, W Hotels, The Ritz-Carlton, St. Regis, JW Marriott, Courtyard, Fairfield by Marriott, Residence Inn and Element. The company also operates Marriott Bonvoy, a travel loyalty program that provides members with benefits and rewards across participating properties and travel experiences.

Marriott traces its origins to 1927, when J.