Public Employees Retirement System of Ohio Takes Position in Marriott International, Inc. $MAR

Public Employees Retirement System of Ohio purchased a new position in shares of Marriott International, Inc. (NASDAQ:MAR) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 83,329 shares of the company’s stock, valued at approximately $30,881,000.

Other institutional investors have also bought and sold shares of the company. Invesco Ltd. raised its holdings in Marriott International by 2.7% in the 4th quarter. Invesco Ltd. now owns 4,440,359 shares of the company’s stock valued at $1,377,577,000 after buying an additional 118,504 shares during the period. Capital International Investors boosted its stake in Marriott International by 7.1% during the fourth quarter. Capital International Investors now owns 4,107,531 shares of the company’s stock worth $1,274,475,000 after buying an additional 272,250 shares during the period. Norges Bank acquired a new position in shares of Marriott International in the 4th quarter worth approximately $812,570,000. Price T Rowe Associates Inc. MD boosted its position in shares of Marriott International by 13.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,879,028 shares of the company’s stock worth $582,952,000 after purchasing an additional 219,579 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in Marriott International by 1.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,619,423 shares of the company’s stock valued at $502,410,000 after purchasing an additional 19,387 shares during the period. 70.70% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on MAR shares. Erste Group Bank initiated coverage on Marriott International in a research report on Thursday. They set a “buy” rating for the company. Sanford C. Bernstein set a $412.00 target price on Marriott International in a report on Monday, June 15th. Robert W. Baird dropped their target price 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. Weiss Ratings reissued a “buy (b)” rating on shares of Marriott International in a research report on Friday, August 7th. Finally, TD Cowen lifted their price objective on shares of Marriott International from $410.00 to $420.00 and gave the company a “buy” rating in a report on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $385.65.

Marriott International Trading Down 0.8%

Marriott International stock opened at $351.08 on Friday. The stock has a 50 day moving average of $366.40 and a two-hundred day moving average of $358.94. Marriott International, Inc. has a twelve month low of $256.76 and a twelve month high of $410.98. The stock has a market capitalization of $91.55 billion, a price-to-earnings ratio of 36.38, a PEG ratio of 2.75 and a beta of 1.10.

Marriott International (NASDAQ:MAR) last released its quarterly earnings data on Monday, August 3rd. The company reported $3.19 EPS for the quarter, topping analysts’ consensus estimates of $3.08 by $0.11. The firm had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $7.19 billion. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The firm’s revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.65 earnings per share. 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 predict that Marriott International, Inc. will post 11.7 earnings per share for the current year.

Marriott International Dividend Announcement

The firm also recently disclosed 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. This represents a $2.92 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, August 20th. 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.