Daiichi Life Insurance Co. Ltd. Raises Stake in Marriott International, Inc. $MAR

Daiichi Life Insurance Co. Ltd. grew its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 23.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,655 shares of the company’s stock after acquiring an additional 2,969 shares during the quarter. Daiichi Life Insurance Co. Ltd.’s holdings in Marriott International were worth $5,802,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Commerce Bank raised its position in Marriott International by 2.8% in the 2nd quarter. Commerce Bank now owns 12,460 shares of the company’s stock worth $4,618,000 after purchasing an additional 335 shares during the period. Evolve Private Wealth LLC grew its stake in shares of Marriott International by 48.0% during the second quarter. Evolve Private Wealth LLC now owns 1,088 shares of the company’s stock valued at $403,000 after buying an additional 353 shares during the last quarter. George Kaiser Family Foundation purchased a new position in shares of Marriott International in the second quarter worth about $265,000. TRB Wealth Management LLC lifted its stake in shares of Marriott International by 81.1% in the 2nd quarter. TRB Wealth Management LLC now owns 1,208 shares of the company’s stock valued at $448,000 after acquiring an additional 541 shares during the last quarter. Finally, William Blair Investment Management LLC boosted its holdings in Marriott International by 255.5% during the 2nd quarter. William Blair Investment Management LLC now owns 300,872 shares of the company’s stock valued at $111,500,000 after acquiring an additional 216,241 shares during the period. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on MAR. Mizuho reduced their price target on Marriott International from $384.00 to $374.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 4th. CICC Research started coverage on Marriott International in a research note on Wednesday, August 12th. They set an “outperform” rating for the company. Morgan Stanley raised their target price 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. Stifel Nicolaus upped their price target on shares of Marriott International from $352.00 to $365.00 and gave the company a “hold” rating in a report on Friday, July 17th. Finally, Barclays dropped their price target on shares of Marriott International from $379.00 to $348.00 and set an “equal weight” rating for the company in a research report on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, Marriott International has an average rating of “Moderate Buy” and an average target price of $385.65.

Marriott International Price Performance

MAR opened at $356.39 on Friday. Marriott International, Inc. has a one year low of $256.76 and a one year high of $410.98. The business has a 50 day simple moving average of $370.50 and a two-hundred day simple moving average of $357.82. The firm has a market capitalization of $92.94 billion, a price-to-earnings ratio of 36.93, a PEG ratio of 2.76 and a beta of 1.10.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data 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. The firm had revenue of $2.01 billion for the quarter, compared to analyst estimates of $7.19 billion. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.The business’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period last year, the company 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. As a group, sell-side analysts expect that Marriott International, Inc. will post 11.71 EPS for the current fiscal year.

Marriott International Announces Dividend

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 given a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, August 20th. 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.