EFG International AG Acquires Shares of 1,591 Marriott International, Inc. $MAR

EFG International AG bought a new stake in Marriott International, Inc. (NASDAQ:MAR) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 1,591 shares of the company’s stock, valued at approximately $590,000.

A number of other institutional investors also recently modified their holdings of MAR. Brighton Jones LLC grew its position in Marriott International by 2.5% in the fourth quarter. Brighton Jones LLC now owns 8,887 shares of the company’s stock valued at $2,479,000 after acquiring an additional 218 shares during the last quarter. Empowered Funds LLC boosted its stake in shares of Marriott International by 39.1% in the 1st quarter. Empowered Funds LLC now owns 5,805 shares of the company’s stock valued at $1,383,000 after purchasing an additional 1,631 shares in the last quarter. Woodline Partners LP increased its position 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 in the last quarter. Intech Investment Management LLC lifted its stake in Marriott International by 21.8% in 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 last quarter. Finally, Sei Investments Co. grew its stake in shares of Marriott International by 3.8% during the second 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 last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Truist Financial raised their price objective on Marriott International from $350.00 to $356.00 and gave the company a “hold” rating in a report on Tuesday, May 26th. Morgan Stanley increased their target price 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. Weiss Ratings reissued a “buy (b)” rating on shares of Marriott International in a research note on Friday, August 7th. Mizuho cut their target price on shares of Marriott International from $384.00 to $374.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 4th. Finally, Erste Group Bank assumed coverage on Marriott International in a report on Thursday. They issued a “buy” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $385.65.

Marriott International Stock Performance

Shares of MAR opened at $353.87 on Friday. The firm has a 50 day moving average price of $367.30 and a 200-day moving average price of $358.99. Marriott International, Inc. has a fifty-two week low of $256.76 and a fifty-two week high of $410.98. The firm has a market cap of $92.28 billion, a price-to-earnings ratio of 36.67, a PEG ratio of 2.78 and a beta of 1.10.

Marriott International (NASDAQ:MAR) last released its quarterly earnings data on Monday, August 3rd. The company reported $3.19 earnings per share for the quarter, beating 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 firm had revenue of $2.01 billion during the quarter, compared to analyst estimates of $7.19 billion. During the same quarter in the prior year, the firm posted $2.65 earnings per share. The business’s quarterly 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. As a group, equities research analysts predict that Marriott International, Inc. will post 11.7 earnings per share for the current year.

Marriott International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, August 20th will be given a $0.73 dividend. The ex-dividend date is Thursday, August 20th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. Marriott International’s payout ratio is presently 30.26%.

Marriott International Profile

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.