E Fund Management Co. Ltd. Boosts Stake in Marriott International, Inc. $MAR

E Fund Management Co. Ltd. grew its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 16.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,169 shares of the company’s stock after purchasing an additional 2,723 shares during the period. E Fund Management Co. Ltd.’s holdings in Marriott International were worth $7,104,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Invesco Ltd. grew its position in Marriott International by 2.7% during the fourth quarter. Invesco Ltd. now owns 4,440,359 shares of the company’s stock valued at $1,377,577,000 after acquiring an additional 118,504 shares during the period. Capital International Investors raised its stake in shares of Marriott International by 7.1% in the 4th quarter. Capital International Investors now owns 4,107,531 shares of the company’s stock valued at $1,274,475,000 after acquiring an additional 272,250 shares during the period. Norges Bank acquired a new position in shares of Marriott International during the fourth quarter worth about $812,570,000. Price T Rowe Associates Inc. MD lifted its position in Marriott International by 13.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,879,028 shares of the company’s stock worth $582,952,000 after acquiring an additional 219,579 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of 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 during the period. Institutional investors and hedge funds own 70.70% of the company’s stock.

Key Stories Impacting Marriott International

Here are the key news stories impacting Marriott International this week:

• Positive Sentiment: Marriott’s Luxury Collection launched a new line of curated trips, expanding beyond traditional hotel stays into premium travel experiences. The initiative could strengthen the brand’s appeal to affluent travelers and create additional fee and booking opportunities. Marriott’s Luxury Collection brand launches line of trips
• Positive Sentiment: Marriott plans to redeem all $450 million of its 5.450% Series LL notes on August 29, ahead of their September maturity. Retiring the debt may reduce future interest expense and refinancing risk, although the company will use cash or other financing to complete the redemption. Marriott International announces redemption of Series LL notes
• Neutral Sentiment: Zacks Research made a mixed set of forecast changes: it raised fourth-quarter 2026 EPS to $3.02 from $2.90, second-quarter 2027 EPS to $3.60 from $3.35, and full-year 2026, 2027, and 2028 EPS estimates modestly. These increases suggest analysts still expect long-term earnings growth, with forecasts of $11.75, $13.18, and $15.21 per share, respectively.
• Negative Sentiment: The same analyst revisions reduced estimates for third-quarter 2026 EPS to $2.82, first-quarter 2027 EPS to $2.88, third-quarter 2027 EPS to $3.20, fourth-quarter 2027 EPS to $3.49, and first-quarter 2028 EPS to $3.36. Lower estimates for multiple future quarters may weigh on sentiment, particularly while MAR trades at a relatively elevated P/E ratio of about 32.6.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Truist Financial increased their target price on Marriott International from $350.00 to $356.00 and gave the company a “hold” rating in a research note on Tuesday, May 26th. Morgan Stanley lifted their price objective on shares of Marriott International from $353.00 to $380.00 and gave the stock an “overweight” rating in a report on Friday, July 17th. JPMorgan Chase & Co. increased their price target on Marriott International from $387.00 to $400.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 21st. BMO Capital Markets dropped their price objective on shares of Marriott International from $410.00 to $395.00 and set an “outperform” rating on the stock in a report on Tuesday, August 4th. Finally, China Intl Cap upgraded Marriott International to a “strong-buy” rating in a research report on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, Marriott International currently has a consensus rating of “Moderate Buy” and an average target price of $386.65.

Marriott International Stock Performance

Shares of NASDAQ:MAR opened at $359.95 on Thursday. The company has a market cap of $93.86 billion, a PE ratio of 37.30, a price-to-earnings-growth ratio of 2.77 and a beta of 1.10. The firm has a 50 day simple moving average of $372.24 and a 200 day simple moving average of $357.54. Marriott International, Inc. has a 52 week low of $256.76 and a 52 week high of $410.98.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings data on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) for the quarter, topping the consensus estimate 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 the consensus estimate of $7.19 billion. During the same period in the prior year, the business earned $2.65 EPS. The business’s revenue for the quarter 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. On average, equities analysts predict that Marriott International, Inc. will post 11.71 earnings per share for the current year.

Marriott International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, August 20th will be issued a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, August 20th. Marriott International’s dividend payout ratio (DPR) is 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.