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

The Manufacturers Life Insurance Company lessened its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 4.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. 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 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in Marriott International in the fourth quarter valued at $812,570,000. World Investment Advisors increased its holdings in shares of Marriott International by 130.8% in the 4th quarter. World Investment Advisors now owns 16,014 shares of the company’s stock valued at $4,968,000 after acquiring an additional 9,075 shares during the last quarter. Jefferies Financial Group Inc. raised its position in shares of Marriott International by 183.7% during the 4th quarter. Jefferies Financial Group Inc. now owns 56,180 shares of the company’s stock worth $17,429,000 after acquiring an additional 36,380 shares in the last quarter. Dai ichi Life Insurance Company Ltd lifted its stake in Marriott International by 37.7% during the first quarter. Dai ichi Life Insurance Company Ltd now owns 12,686 shares of the company’s stock worth $4,149,000 after purchasing an additional 3,476 shares during the last quarter. Finally, Hsbc Holdings PLC boosted its holdings in Marriott International by 62.7% in the fourth quarter. Hsbc Holdings PLC now owns 640,350 shares of the company’s stock valued at $199,069,000 after purchasing an additional 246,681 shares in the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Marriott International Price Performance

Shares of NASDAQ: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 P/E ratio of 37.17, a P/E/G ratio of 2.77 and a beta of 1.10. The firm has a fifty day moving average price of $368.15 and a 200 day moving average price of $358.85.

Marriott International (NASDAQ:MAR) last posted 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. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The company 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 business posted $2.65 earnings per share. Marriott International’s quarterly revenue was up 4.8% on a year-over-year basis. 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. Sell-side analysts expect that Marriott International, Inc. will post 11.71 EPS for the current fiscal year.

Marriott International Dividend Announcement

The business 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 dividend of $0.73 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.92 annualized dividend and a yield of 0.8%. Marriott International’s dividend payout ratio is currently 30.26%.

Analyst Ratings Changes

Several analysts have recently weighed in on MAR shares. TD Cowen boosted their price objective on shares of Marriott International from $410.00 to $420.00 and gave the stock a “buy” rating in a research report on Tuesday, July 21st. CICC Research started coverage on shares of Marriott International in a research note on Wednesday, August 12th. They set an “outperform” rating on the stock. Morgan Stanley boosted their price target on shares of Marriott International from $353.00 to $380.00 and gave the company an “overweight” rating in a research report on Friday, July 17th. Truist Financial raised their price objective on Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a report on Tuesday, May 26th. 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 research report on Friday, July 17th. One 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 stock. According to data from MarketBeat.com, Marriott International currently has an average 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.