Sanctuary Advisors LLC increased its holdings in Marriott International, Inc. (NASDAQ:MAR – Free Report) by 7.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,436 shares of the company’s stock after purchasing an additional 1,663 shares during the quarter. Sanctuary Advisors LLC’s holdings in Marriott International were worth $9,056,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently bought and sold shares of the company. Norges Bank bought a new stake in shares of Marriott International in the 4th quarter worth approximately $812,570,000. Diamant Asset Management Inc. raised its holdings in shares of Marriott International by 32,607.0% during the first quarter. Diamant Asset Management Inc. now owns 490,605 shares of the company’s stock valued at $16,046,000 after acquiring an additional 489,105 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Marriott International by 37.9% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,363,845 shares of the company’s stock worth $423,119,000 after acquiring an additional 374,497 shares during the period. Capital International Investors boosted its holdings in Marriott International by 7.1% in the fourth quarter. Capital International Investors now owns 4,107,531 shares of the company’s stock valued at $1,274,475,000 after acquiring an additional 272,250 shares in the last quarter. Finally, Amundi increased its position in Marriott International by 52.0% during the 3rd quarter. Amundi now owns 741,408 shares of the company’s stock valued at $201,618,000 after purchasing an additional 253,696 shares during the period. Hedge funds and other institutional investors own 70.70% of the company’s stock.
Analysts Set New Price Targets
Several research firms have recently commented on MAR. Robert W. Baird dropped their target price on shares of Marriott International from $394.00 to $393.00 and set a “neutral” rating for the company in a research report on Tuesday, August 4th. 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 research report on Friday, July 17th. Wells Fargo & Company lowered their price objective on shares of Marriott International from $449.00 to $425.00 and set an “overweight” rating for the company in a report on Tuesday, August 4th. Barclays cut their price objective on Marriott International from $379.00 to $348.00 and set an “equal weight” rating on the stock in a research report on Tuesday, August 4th. Finally, Truist Financial increased their target price on Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a research report on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, Marriott International presently has a consensus rating of “Moderate Buy” and an average price target of $385.65.
Marriott International Price Performance
NASDAQ:MAR opened at $360.20 on Tuesday. 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 $93.93 billion, a PE ratio of 37.33, a P/E/G ratio of 2.76 and a beta of 1.10. The firm’s 50-day moving average price is $369.69 and its 200-day moving average price is $358.39.
Marriott International (NASDAQ:MAR – Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The company reported $3.19 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $7.19 billion. During the same quarter in the previous year, the firm posted $2.65 earnings per share. 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. Equities analysts anticipate that Marriott International, Inc. will post 11.71 EPS for the current fiscal year.
Marriott International Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, August 20th will be paid 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 dividend payout ratio is presently 30.26%.
Marriott International Profile
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.
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