Marriott International, Inc. $MAR Shares Sold by Korea Investment CORP

Korea Investment CORP cut its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 34.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 107,875 shares of the company’s stock after selling 56,461 shares during the quarter. Korea Investment CORP’s holdings in Marriott International were worth $39,977,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Frederick Financial Consultants LLC raised its position in 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 buying an additional 28 shares during the last quarter. World Equity Group Inc. boosted its holdings in shares of Marriott International by 2.0% in the second quarter. World Equity Group Inc. now owns 1,437 shares of the company’s stock valued at $533,000 after acquiring an additional 28 shares in the last quarter. Haven Capital Group Inc. increased its stake in shares of 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 acquiring an additional 30 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in Marriott International by 1.2% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,472 shares of the company’s stock worth $808,000 after purchasing an additional 30 shares in the last quarter. Finally, Paragon Private Wealth Management LLC lifted its position in Marriott International by 4.4% in the first quarter. Paragon Private Wealth Management LLC now owns 743 shares of the company’s stock valued at $243,000 after purchasing an additional 31 shares during the period. 70.70% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

MAR has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Marriott International in a report on Friday, August 7th. China Intl Cap raised Marriott International to a “strong-buy” rating in a report on Wednesday, August 12th. Truist Financial lifted their price target on Marriott International from $350.00 to $356.00 and gave the company a “hold” rating in a research note on Tuesday, May 26th. Robert W. Baird cut their price objective on Marriott International from $394.00 to $393.00 and set a “neutral” rating for the company in a research report on Tuesday, August 4th. Finally, CICC Research started coverage on Marriott International in a report on Wednesday, August 12th. They issued an “outperform” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Marriott International presently has an average rating of “Moderate Buy” and a consensus target price of $385.65.

Marriott International Trading Down 0.1%

Shares of MAR opened at $356.39 on Friday. Marriott International, Inc. has a twelve month low of $256.76 and a twelve month high of $410.98. The firm has a market capitalization of $92.94 billion, a P/E ratio of 36.93, a PEG ratio of 2.76 and a beta of 1.10. The firm’s 50-day moving average is $370.50 and its two-hundred day moving average is $357.82.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings results on Monday, August 3rd. The company reported $3.19 EPS for the quarter, topping the consensus estimate of $3.08 by $0.11. The business had revenue of $2.01 billion for the quarter, compared to analyst estimates of $7.19 billion. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.The company’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.65 EPS. 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. Analysts predict that Marriott International, Inc. will post 11.71 EPS for the current year.

Marriott International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, August 20th will be given a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, August 20th. Marriott International’s payout ratio is presently 30.26%.

Marriott International Company 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.