Sone Capital Management LLC Increases Position in Marriott International, Inc. $MAR

Sone Capital Management LLC increased its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 312.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 61,051 shares of the company’s stock after buying an additional 46,249 shares during the period. Marriott International comprises 1.7% of Sone Capital Management LLC’s portfolio, making the stock its 16th largest holding. Sone Capital Management LLC’s holdings in Marriott International were worth $22,625,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Frederick Financial Consultants LLC increased its stake in Marriott International by 0.8% in the 4th quarter. Frederick Financial Consultants LLC now owns 3,531 shares of the company’s stock valued at $1,095,000 after purchasing an additional 28 shares in the last quarter. World Equity Group Inc. grew its holdings in Marriott International by 2.0% in the second quarter. World Equity Group Inc. now owns 1,437 shares of the company’s stock valued at $533,000 after purchasing an additional 28 shares during the last quarter. Haven Capital Group Inc. increased its position in shares of Marriott International by 0.3% in the first quarter. Haven Capital Group Inc. now owns 10,064 shares of the company’s stock valued at $3,292,000 after buying an additional 30 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of Marriott International by 1.2% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,472 shares of the company’s stock worth $808,000 after buying an additional 30 shares during the last quarter. Finally, Paragon Private Wealth Management LLC boosted its position in shares of Marriott International by 4.4% in the 1st quarter. Paragon Private Wealth Management LLC now owns 743 shares of the company’s stock worth $243,000 after buying an additional 31 shares in the last quarter. 70.70% of the stock is owned by hedge funds and other institutional investors.

Marriott International Price Performance

Shares of MAR stock opened at $360.20 on Tuesday. The firm’s 50-day simple moving average is $369.69 and its 200-day simple moving average is $358.39. Marriott International, Inc. has a 1-year low of $256.76 and a 1-year high of $410.98. The firm has a market cap of $93.93 billion, a P/E ratio of 37.33, a PEG ratio of 2.76 and a beta of 1.10.

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

Marriott International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, August 20th will be issued 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 is presently 30.26%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on MAR shares. BMO Capital Markets dropped their target price on shares of Marriott International from $410.00 to $395.00 and set an “outperform” rating for the company in a report on Tuesday, August 4th. Weiss Ratings reiterated a “buy (b)” rating on shares of Marriott International in a research report on Friday, August 7th. TD Cowen lifted their price objective on Marriott International from $410.00 to $420.00 and gave the stock a “buy” rating in a research report on Tuesday, July 21st. UBS Group lowered their target price on Marriott International from $412.00 to $395.00 and set a “neutral” rating on the stock in a report on Thursday, August 20th. Finally, Robert W. Baird cut their price target on Marriott International from $394.00 to $393.00 and set a “neutral” rating for the company in a report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $385.65.

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.