Marriott International, Inc. $MAR Shares Sold by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company lowered its position in Marriott International, Inc. (NASDAQ:MAR) by 4.9% in the second quarter, Holdings Channel.com reports. The firm owned 111,675 shares of the company’s stock after selling 5,808 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Marriott International were worth $41,386,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MAR. Jones Financial Companies Lllp lifted its holdings in shares of Marriott International by 16.3% in the 2nd quarter. Jones Financial Companies Lllp now owns 300,075 shares of the company’s stock valued at $113,209,000 after buying an additional 42,024 shares during the period. Sone Capital Management LLC grew its holdings in Marriott International by 312.5% during the second quarter. Sone Capital Management LLC now owns 61,051 shares of the company’s stock worth $22,625,000 after acquiring an additional 46,249 shares during the period. Fiduciary Financial Advisors purchased a new position in Marriott International in the second quarter worth $62,000. L2 Asset Management LLC lifted its holdings in Marriott International by 3.9% in the second quarter. L2 Asset Management LLC now owns 1,198 shares of the company’s stock valued at $444,000 after acquiring an additional 45 shares during the period. Finally, Safeguard Investment Advisory Group LLC acquired a new position in shares of Marriott International during the 2nd quarter worth $329,000. Institutional investors and hedge funds own 70.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Robert W. Baird reduced 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 note on Tuesday, August 4th. Mizuho dropped their target price on shares of Marriott International from $384.00 to $374.00 and set a “neutral” rating for the company in a report on Tuesday, August 4th. UBS Group decreased their price target on Marriott International from $412.00 to $395.00 and set a “neutral” rating on the stock in a research note on Thursday, August 20th. Morgan Stanley lifted their price objective on Marriott International from $353.00 to $380.00 and gave the stock an “overweight” rating in a report on Friday, July 17th. Finally, Sanford C. Bernstein set a $412.00 price target on Marriott International in a research report on Monday, June 15th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $385.65.

Marriott International Price Performance

Shares of MAR opened at $358.67 on Thursday. Marriott International, Inc. has a 1-year low of $256.76 and a 1-year high of $410.98. The stock has a market cap of $93.53 billion, a price-to-earnings ratio of 37.17, a price-to-earnings-growth ratio of 2.77 and a beta of 1.10. The firm has a 50 day simple moving average of $368.15 and a 200-day simple moving average of $358.85.

Marriott International (NASDAQ:MAR) last announced its earnings results on Monday, August 3rd. The company reported $3.19 EPS for the quarter, beating analysts’ consensus estimates of $3.08 by $0.11. The firm had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $7.19 billion. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.Marriott International’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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, equities analysts expect that Marriott International, Inc. will post 11.71 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. Investors of record on Thursday, August 20th will be given a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, August 20th. Marriott International’s dividend payout ratio (DPR) is currently 30.26%.

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.