National Pension Service Sells 7,630 Shares of Marriott International, Inc. $MAR

National Pension Service lessened its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 1.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 605,560 shares of the company’s stock after selling 7,630 shares during the quarter. National Pension Service’s holdings in Marriott International were worth $224,414,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MAR. Norges Bank bought a new stake in shares of Marriott International during the 4th quarter valued at about $812,570,000. World Investment Advisors lifted its stake in shares of Marriott International by 130.8% in the 4th quarter. World Investment Advisors now owns 16,014 shares of the company’s stock worth $4,968,000 after purchasing an additional 9,075 shares during the period. Jefferies Financial Group Inc. boosted its holdings in shares of Marriott International by 183.7% in the fourth quarter. Jefferies Financial Group Inc. now owns 56,180 shares of the company’s stock worth $17,429,000 after buying an additional 36,380 shares during the last quarter. Dai ichi Life Insurance Company Ltd grew its position in Marriott International by 37.7% during the first quarter. Dai ichi Life Insurance Company Ltd now owns 12,686 shares of the company’s stock valued at $4,149,000 after buying an additional 3,476 shares during the period. Finally, Capital International Inc. CA increased its holdings in Marriott International by 12.0% during the fourth quarter. Capital International Inc. CA now owns 148,708 shares of the company’s stock valued at $46,135,000 after buying an additional 15,893 shares during the last quarter. Institutional investors own 70.70% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on MAR. Robert W. Baird cut 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. UBS Group decreased their target price on Marriott International from $412.00 to $395.00 and set a “neutral” rating on the stock in a report on Thursday, August 20th. Truist Financial upped their price target on Marriott International from $356.00 to $360.00 and gave the stock a “hold” rating in a research report on Thursday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Marriott International in a research note on Friday, August 7th. Finally, Erste Group Bank started coverage on Marriott International in a research note on Thursday, August 27th. They set a “buy” rating for the company. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat, Marriott International has a consensus rating of “Moderate Buy” and an average target price of $385.88.

Marriott International Price Performance

Marriott International stock opened at $329.07 on Friday. Marriott International, Inc. has a 1 year low of $256.76 and a 1 year high of $410.98. The firm’s 50 day moving average price is $358.61 and its 200-day moving average price is $357.82. The stock has a market cap of $85.81 billion, a P/E ratio of 34.10, a PEG ratio of 2.50 and a beta of 1.11.

Marriott International (NASDAQ:MAR) last posted its earnings results on Monday, August 3rd. The company reported $3.19 earnings per share for the quarter, beating the consensus estimate of $3.08 by $0.11. The company had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $7.19 billion. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. Marriott International’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period last year, the company 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, equities analysts expect that Marriott International, Inc. will post 11.69 EPS for the current year.

Marriott International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, August 20th will be given a dividend of $0.73 per share. The ex-dividend date is Thursday, August 20th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.9%. Marriott International’s dividend payout ratio (DPR) is presently 30.26%.

Marriott International Profile

Marriott International, Inc is a global hospitality company that operates, franchises, licenses and manages hotels, resorts and other lodging properties. Its portfolio includes full-service, luxury, select-service and extended-stay accommodations, as well as branded residences, timeshare properties and vacation experiences. Marriott also provides food and beverage, meeting and event services through many of its properties.

The company’s brands include Marriott Hotels, The Ritz-Carlton, St.