Fundsmith LLP Has $958.26 Million Position in Marriott International, Inc. $MAR

Fundsmith LLP reduced its position in Marriott International, Inc. (NASDAQ:MAR) by 23.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,585,757 shares of the company’s stock after selling 785,115 shares during the quarter. Marriott International comprises about 7.0% of Fundsmith LLP’s portfolio, making the stock its largest position. Fundsmith LLP’s holdings in Marriott International were worth $958,256,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. BTG Pactual Asset Management US LLC acquired a new stake in shares of Marriott International during the 2nd quarter worth approximately $410,000. Oarsman Capital Inc. acquired a new position in Marriott International during the second quarter valued at approximately $225,000. Sigma Planning Corp boosted its holdings in shares of Marriott International by 23.0% in the 2nd quarter. Sigma Planning Corp now owns 6,027 shares of the company’s stock valued at $2,234,000 after purchasing an additional 1,128 shares in the last quarter. Benjamin Edwards Inc. increased its stake in shares of Marriott International by 25.3% in the 2nd quarter. Benjamin Edwards Inc. now owns 7,108 shares of the company’s stock valued at $2,634,000 after purchasing an additional 1,434 shares during the last quarter. Finally, Flputnam Investment Management Co. raised its holdings in shares of Marriott International by 3,608.2% during the 2nd quarter. Flputnam Investment Management Co. now owns 26,625 shares of the company’s stock worth $9,867,000 after buying an additional 25,907 shares in the last quarter. Institutional investors own 70.70% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on MAR. JPMorgan Chase & Co. raised their price objective on Marriott International from $387.00 to $400.00 and gave the company a “neutral” rating in a research note on Tuesday, July 21st. CICC Research began coverage on shares of Marriott International in a report on Wednesday, August 12th. They issued an “outperform” rating for the company. Robert W. Baird lowered their price objective 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. BMO Capital Markets dropped their price objective on shares of Marriott International from $410.00 to $395.00 and set an “outperform” rating for the company in a research note on Tuesday, August 4th. Finally, Sanford C. Bernstein set a $412.00 target price on shares of Marriott International in a research note on Monday, June 15th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Marriott International currently has a consensus rating of “Moderate Buy” and a consensus target price of $385.65.

Marriott International Stock Performance

Shares of MAR stock opened at $351.08 on Monday. The firm has a market capitalization of $91.55 billion, a price-to-earnings ratio of 36.38, a PEG ratio of 2.72 and a beta of 1.10. The business’s 50-day moving average price is $366.40 and its 200-day moving average price is $359.13. Marriott International, Inc. has a 12 month low of $256.76 and a 12 month high of $410.98.

Marriott International (NASDAQ:MAR) last released its quarterly earnings data on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $7.19 billion. During the same quarter in the prior year, the firm posted $2.65 earnings per share. The firm’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, sell-side analysts predict that Marriott International, Inc. will post 11.7 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, August 20th will be issued a dividend of $0.73 per share. 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 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.