EFG International AG Purchases New Shares in Marriott International, Inc. $MAR

EFG International AG acquired a new stake in shares of Marriott International, Inc. (NASDAQ:MAR) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 1,591 shares of the company’s stock, valued at approximately $590,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Frederick Financial Consultants LLC lifted its holdings in Marriott International by 0.8% in the fourth quarter. Frederick Financial Consultants LLC now owns 3,531 shares of the company’s stock worth $1,095,000 after buying an additional 28 shares during the period. World Equity Group Inc. raised its position in shares of Marriott International by 2.0% in the 2nd quarter. World Equity Group Inc. now owns 1,437 shares of the company’s stock worth $533,000 after acquiring an additional 28 shares in the last quarter. Haven Capital Group Inc. lifted its stake in shares of Marriott International by 0.3% in the 1st quarter. Haven Capital Group Inc. now owns 10,064 shares of the company’s stock valued at $3,292,000 after purchasing an additional 30 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in shares of Marriott International by 1.2% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,472 shares of the company’s stock valued at $808,000 after purchasing an additional 30 shares in the last quarter. Finally, Paragon Private Wealth Management LLC grew its stake in Marriott International by 4.4% in the first quarter. Paragon Private Wealth Management LLC now owns 743 shares of the company’s stock worth $243,000 after purchasing an additional 31 shares during the period. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Marriott International Trading Down 1.3%

NASDAQ:MAR opened at $353.87 on Friday. The business’s 50-day moving average is $367.30 and its 200 day moving average is $358.99. Marriott International, Inc. has a 12 month low of $256.76 and a 12 month high of $410.98. The company has a market capitalization of $92.28 billion, a P/E ratio of 36.67, a P/E/G ratio of 2.78 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 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 for 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 revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.65 EPS. 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, research analysts forecast that Marriott International, Inc. will post 11.7 earnings per share for the current year.

Marriott International Announces Dividend

The firm 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 $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, August 20th. Marriott International’s dividend payout ratio (DPR) is presently 30.26%.

Wall Street Analysts Forecast Growth

MAR has been the topic of a number of research reports. Robert W. Baird dropped their target price on shares of Marriott International from $394.00 to $393.00 and set a “neutral” rating on the stock in a report on Tuesday, August 4th. Barclays decreased their target price on shares of Marriott International from $379.00 to $348.00 and set an “equal weight” rating for the company in a research note on Tuesday, August 4th. Weiss Ratings restated a “buy (b)” rating on shares of Marriott International in a research note on Friday, August 7th. BMO Capital Markets dropped their target price on Marriott International from $410.00 to $395.00 and set an “outperform” rating on the stock in a report on Tuesday, August 4th. Finally, Stifel Nicolaus lifted their target price on Marriott International from $352.00 to $365.00 and gave the stock a “hold” rating in a report on Friday, July 17th. One investment 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 stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $385.65.

About Marriott International

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.