Canada Pension Plan Investment Board Has $39.20 Million Stake in Marriott International, Inc. $MAR

Canada Pension Plan Investment Board grew its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 2,112.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 105,783 shares of the company’s stock after acquiring an additional 101,001 shares during the period. Canada Pension Plan Investment Board’s holdings in Marriott International were worth $39,202,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MAR. Brighton Jones LLC lifted its stake in Marriott International by 2.5% in the fourth quarter. Brighton Jones LLC now owns 8,887 shares of the company’s stock valued at $2,479,000 after buying an additional 218 shares during the period. Empowered Funds LLC grew its position in shares of Marriott International by 39.1% during the 1st quarter. Empowered Funds LLC now owns 5,805 shares of the company’s stock worth $1,383,000 after buying an additional 1,631 shares during the period. Woodline Partners LP lifted its position in shares of Marriott International by 39.6% during the 1st quarter. Woodline Partners LP now owns 19,332 shares of the company’s stock valued at $4,605,000 after acquiring an additional 5,480 shares during the period. Intech Investment Management LLC boosted its stake in Marriott International by 21.8% during the first quarter. Intech Investment Management LLC now owns 6,035 shares of the company’s stock worth $1,438,000 after acquiring an additional 1,079 shares in the last quarter. Finally, Sei Investments Co. increased its stake in Marriott International by 3.8% in the second quarter. Sei Investments Co. now owns 137,329 shares of the company’s stock valued at $37,520,000 after purchasing an additional 5,007 shares in the last quarter. 70.70% of the stock is owned by institutional investors and hedge funds.

Marriott International Stock Performance

MAR stock opened at $353.87 on Friday. The business has a 50-day simple moving average of $367.30 and a two-hundred day simple moving average of $358.99. The company has a market capitalization of $92.28 billion, a P/E ratio of 36.67, a price-to-earnings-growth ratio of 2.78 and a beta of 1.10. Marriott International, Inc. has a 52-week low of $256.76 and a 52-week high of $410.98.

Marriott International (NASDAQ:MAR) last issued 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. The firm had revenue of $2.01 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the prior year, the business posted $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. As a group, sell-side analysts forecast that Marriott International, Inc. will post 11.7 earnings per share for the current fiscal year.

Marriott International Announces Dividend

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

Analyst Ratings Changes

A number of equities analysts have recently issued reports on MAR shares. China Intl Cap raised shares of Marriott International to a “strong-buy” rating in a research report on Wednesday, August 12th. Mizuho decreased their target price on Marriott International from $384.00 to $374.00 and set a “neutral” rating for the company in a research report on Tuesday, August 4th. Weiss Ratings reiterated a “buy (b)” rating on shares of Marriott International in a report on Friday, August 7th. BMO Capital Markets decreased their price objective on Marriott International from $410.00 to $395.00 and set an “outperform” rating for the company in a report on Tuesday, August 4th. Finally, TD Cowen increased their target price on Marriott International from $410.00 to $420.00 and gave the stock 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 assigned a Hold rating to the company. Based on data from MarketBeat.com, Marriott International presently has an average rating of “Moderate Buy” and a consensus price target of $385.65.

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.