Jupiter Topco LLC Makes New Investment in Marriott International, Inc. $MAR

Jupiter Topco LLC bought a new position in shares of Marriott International, Inc. (NASDAQ:MAR) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 220,930 shares of the company’s stock, valued at approximately $81,872,000.

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

Marriott International Stock Up 0.3%

Shares of NASDAQ MAR opened at $358.67 on Thursday. Marriott International, Inc. has a twelve month low of $256.76 and a twelve month high of $410.98. The stock has a market cap of $93.53 billion, a price-to-earnings ratio of 37.17, a P/E/G ratio of 2.77 and a beta of 1.10. The company’s fifty day moving average is $368.15 and its 200-day moving average is $358.85.

Marriott International (NASDAQ:MAR) last released its quarterly earnings data on Monday, August 3rd. The company reported $3.19 EPS for the quarter, beating analysts’ consensus estimates of $3.08 by $0.11. The business 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%. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the company 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, research analysts anticipate that Marriott International, Inc. will post 11.71 EPS for the current fiscal year.

Marriott International Announces Dividend

The firm also recently declared 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 of this dividend is Thursday, August 20th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. Marriott International’s dividend payout ratio (DPR) is currently 30.26%.

Analyst Ratings Changes

Several brokerages recently weighed in on MAR. Mizuho cut their price objective on shares of Marriott International from $384.00 to $374.00 and set a “neutral” rating on the stock in a report on Tuesday, August 4th. Weiss Ratings reiterated a “buy (b)” rating on shares of Marriott International in a research report on Friday, August 7th. Sanford C. Bernstein set a $412.00 price target on Marriott International in a research report on Monday, June 15th. Morgan Stanley upped their price objective on Marriott International from $353.00 to $380.00 and gave the company an “overweight” rating in a report on Friday, July 17th. Finally, Barclays cut their target price on Marriott International from $379.00 to $348.00 and set an “equal weight” rating on the stock in a research note on Tuesday, August 4th. One research 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’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price 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.