Wellington Management Group LLP Trims Stock Holdings in Marriott International, Inc. $MAR

Wellington Management Group LLP decreased its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 6.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,472,154 shares of the company’s stock after selling 374,582 shares during the quarter. Wellington Management Group LLP owned about 2.10% of Marriott International worth $2,027,926,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the stock. Evelyn Partners Investment Management Services Ltd purchased a new stake in Marriott International during the 1st quarter worth about $25,000. IMG Wealth Management Inc. grew its holdings in Marriott International by 100.0% during the 1st quarter. IMG Wealth Management Inc. now owns 82 shares of the company’s stock valued at $27,000 after buying an additional 41 shares in the last quarter. Wilkerson Advisory Group LLC increased its position in shares of Marriott International by 127.0% during the first quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock valued at $27,000 after buying an additional 47 shares during the period. Kemnay Advisory Services Inc. purchased a new stake in shares of Marriott International in the fourth quarter worth about $27,000. Finally, McMillan Office Inc. bought a new position in shares of Marriott International in the fourth quarter valued at approximately $27,000. 70.70% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have issued reports on MAR shares. JPMorgan Chase & Co. increased their target price on shares of Marriott International from $387.00 to $400.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 21st. Wells Fargo & Company reduced their target price on Marriott International from $449.00 to $425.00 and set an “overweight” rating for the company in a research report on Tuesday, August 4th. China Intl Cap upgraded Marriott International to a “strong-buy” rating in a research note on Wednesday, August 12th. Morgan Stanley lifted their price target on Marriott International from $353.00 to $380.00 and gave the company an “overweight” rating in a research report on Friday, July 17th. Finally, UBS Group cut their price objective on Marriott International from $412.00 to $395.00 and set a “neutral” rating for the company in a report on Thursday, August 20th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $385.65.

Marriott International Trading Down 0.8%

MAR opened at $351.08 on Friday. Marriott International, Inc. has a 12 month low of $256.76 and a 12 month high of $410.98. The business’s 50-day moving average price is $366.40 and its 200-day moving average price is $358.94. The company has a market cap of $91.55 billion, a P/E ratio of 36.38, a P/E/G ratio of 2.75 and a beta of 1.10.

Marriott International (NASDAQ:MAR) last announced 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 for 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 company’s revenue was up 4.8% on a year-over-year basis. During the same quarter last 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. Equities research analysts forecast that Marriott International, Inc. will post 11.7 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders 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 is Thursday, August 20th. Marriott International’s dividend payout ratio (DPR) is presently 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.