Field & Main Bank Invests $929,000 in Marriott International, Inc. $MAR

Field & Main Bank acquired a new stake in shares of Marriott International, Inc. (NASDAQ:MAR) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,506 shares of the company’s stock, valued at approximately $929,000.

A number of other institutional investors also recently made changes to their positions in MAR. Evelyn Partners Investment Management Services Ltd acquired a new position in shares of Marriott International in the 1st quarter valued at about $25,000. McMillan Office Inc. acquired a new position in Marriott International in the fourth quarter valued at approximately $27,000. Kemnay Advisory Services Inc. bought a new position in shares of Marriott International during the fourth quarter valued at approximately $27,000. Wilkerson Advisory Group LLC boosted its position in Marriott International by 127.0% during the 1st quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock valued at $27,000 after purchasing an additional 47 shares during the period. Finally, IMG Wealth Management Inc. grew its stake in Marriott International by 100.0% during the 1st quarter. IMG Wealth Management Inc. now owns 82 shares of the company’s stock worth $27,000 after buying an additional 41 shares during the last quarter. 70.70% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently issued reports on MAR shares. Stifel Nicolaus boosted their price target on shares of Marriott International from $352.00 to $365.00 and gave the company a “hold” rating in a report on Friday, July 17th. Weiss Ratings reissued a “buy (b)” rating on shares of Marriott International in a research note on Friday, August 7th. JPMorgan Chase & Co. upped their target price on shares of Marriott International from $387.00 to $400.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 21st. Robert W. Baird cut their price target on Marriott International from $394.00 to $393.00 and set a “neutral” rating on the stock in a report on Tuesday, August 4th. Finally, Morgan Stanley increased their price objective on Marriott International from $353.00 to $380.00 and gave the stock an “overweight” rating in a report on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $385.65.

Marriott International Stock Performance

MAR opened at $351.08 on Friday. The company has a market capitalization of $91.55 billion, a PE ratio of 36.38, a P/E/G ratio of 2.75 and a beta of 1.10. The stock’s fifty day moving average is $366.40 and its 200-day moving average is $358.94. Marriott International, Inc. has a one year low of $256.76 and a one year high of $410.98.

Marriott International (NASDAQ:MAR) last released 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 negative return on equity of 75.81% and a net margin of 9.62%.The firm had revenue of $2.01 billion for the quarter, compared to analyst estimates of $7.19 billion. During the same period in the previous year, the company earned $2.65 earnings per share. Marriott International’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. On average, equities research analysts forecast that Marriott International, Inc. will post 11.7 EPS for the current fiscal year.

Marriott International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, August 20th will be issued a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Thursday, August 20th. 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.