Marriott International, Inc. $MAR Shares Purchased by Sone Capital Management LLC

Sone Capital Management LLC boosted its holdings in Marriott International, Inc. (NASDAQ:MARFree Report) by 312.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 61,051 shares of the company’s stock after buying an additional 46,249 shares during the period. Marriott International makes up about 1.7% of Sone Capital Management LLC’s investment portfolio, making the stock its 16th largest position. Sone Capital Management LLC’s holdings in Marriott International were worth $22,625,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Evelyn Partners Investment Management Services Ltd purchased a new position in shares of Marriott International in the 1st quarter valued at $25,000. Wilkerson Advisory Group LLC increased its holdings in Marriott International by 127.0% in the 1st quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock valued at $27,000 after purchasing an additional 47 shares in the last quarter. IMG Wealth Management Inc. raised its position in Marriott International by 100.0% in the first quarter. IMG Wealth Management Inc. now owns 82 shares of the company’s stock valued at $27,000 after purchasing an additional 41 shares during the period. Kemnay Advisory Services Inc. acquired a new position in shares of Marriott International during the fourth quarter worth about $27,000. Finally, McMillan Office Inc. purchased a new stake in shares of Marriott International in the fourth quarter worth about $27,000. Institutional investors and hedge funds own 70.70% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on MAR shares. Barclays dropped their target price on Marriott International from $379.00 to $348.00 and set an “equal weight” rating on the stock in a report on Tuesday, August 4th. Stifel Nicolaus increased their price objective 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. Robert W. Baird dropped their price objective on shares of Marriott International from $394.00 to $393.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 4th. TD Cowen upped their target price on shares of Marriott International from $410.00 to $420.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st. Finally, JPMorgan Chase & Co. raised their price target on shares of Marriott International from $387.00 to $400.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $385.65.

View Our Latest Research Report on Marriott International

Marriott International Stock Up 1.1%

MAR stock opened at $360.20 on Tuesday. 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 stock’s 50 day moving average is $369.69 and its two-hundred day moving average is $358.39. Marriott International, Inc. has a 52-week low of $256.76 and a 52-week high of $410.98.

Marriott International (NASDAQ:MARGet Free Report) last issued its quarterly earnings results on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.08 by $0.11. The business had revenue of $2.01 billion during the quarter, compared to analyst estimates of $7.19 billion. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The business’s revenue was up 4.8% compared to the same quarter last year. 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. As a group, sell-side analysts anticipate that Marriott International, Inc. will post 11.71 EPS for the current year.

Marriott International Dividend Announcement

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

Marriott International Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Marriott International (NASDAQ:MAR)

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