Jones Financial Companies Lllp Has $113.21 Million Holdings in Marriott International, Inc. $MAR

Jones Financial Companies Lllp raised its position in Marriott International, Inc. (NASDAQ:MAR) by 16.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 300,075 shares of the company’s stock after purchasing an additional 42,024 shares during the quarter. Jones Financial Companies Lllp’s holdings in Marriott International were worth $113,209,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Invesco Ltd. raised its position in Marriott International by 2.7% in the 4th quarter. Invesco Ltd. now owns 4,440,359 shares of the company’s stock valued at $1,377,577,000 after buying an additional 118,504 shares during the last quarter. Capital International Investors grew its stake in shares of Marriott International by 7.1% during the 4th quarter. Capital International Investors now owns 4,107,531 shares of the company’s stock worth $1,274,475,000 after acquiring an additional 272,250 shares in the last quarter. Norges Bank acquired a new stake in shares of Marriott International in the fourth quarter valued at approximately $812,570,000. Price T Rowe Associates Inc. MD boosted its holdings in Marriott International by 13.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,879,028 shares of the company’s stock worth $582,952,000 after purchasing an additional 219,579 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in Marriott International by 1.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,619,423 shares of the company’s stock valued at $502,410,000 after purchasing an additional 19,387 shares in the last quarter. 70.70% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on MAR. Morgan Stanley increased their price objective on shares of Marriott International from $353.00 to $380.00 and gave the stock an “overweight” rating in a research note on Friday, July 17th. JPMorgan Chase & Co. upped their target price on Marriott International from $387.00 to $400.00 and gave the stock a “neutral” rating in a report on Tuesday, July 21st. Robert W. Baird decreased their price target on Marriott International from $394.00 to $393.00 and set a “neutral” rating for the company in a research note on Tuesday, August 4th. Wells Fargo & Company dropped their price objective on Marriott International from $449.00 to $425.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 4th. Finally, Mizuho decreased their target price on shares of Marriott International from $384.00 to $374.00 and set a “neutral” rating for the company in a research note on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $385.65.

Marriott International Stock Up 1.1%

NASDAQ:MAR opened at $360.20 on Tuesday. Marriott International, Inc. has a 12-month low of $256.76 and a 12-month high of $410.98. The firm has a market capitalization of $93.93 billion, a price-to-earnings ratio of 37.33, a P/E/G ratio of 2.76 and a beta of 1.10. The stock’s 50 day moving average price is $369.69 and its two-hundred day moving average price is $358.39.

Marriott International (NASDAQ:MAR) last posted its earnings results on Monday, August 3rd. The company reported $3.19 earnings per share for the quarter, topping analysts’ consensus estimates of $3.08 by $0.11. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.The business had revenue of $2.01 billion for the quarter, compared to analyst estimates of $7.19 billion. During the same period in the previous year, the firm earned $2.65 EPS. The firm’s revenue was up 4.8% compared to the same quarter last year. 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 expect that Marriott International, Inc. will post 11.71 EPS for the current year.

Marriott International Announces Dividend

The business 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 dividend of $0.73 per share. 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 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.