Flputnam Investment Management Co. Boosts Stock Holdings in Marriott International, Inc. $MAR

Flputnam Investment Management Co. grew its position in Marriott International, Inc. (NASDAQ:MAR) by 3,608.2% in the second quarter, HoldingsChannel reports. The fund owned 26,625 shares of the company’s stock after acquiring an additional 25,907 shares during the quarter. Flputnam Investment Management Co.’s holdings in Marriott International were worth $9,867,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Evelyn Partners Investment Management Services Ltd acquired a new position in Marriott International in the 1st quarter worth about $25,000. Wilkerson Advisory Group LLC increased its position in shares of Marriott International by 127.0% in the first quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock valued at $27,000 after buying an additional 47 shares in the last quarter. IMG Wealth Management Inc. raised its stake in shares of Marriott International by 100.0% during the 1st quarter. IMG Wealth Management Inc. now owns 82 shares of the company’s stock worth $27,000 after buying an additional 41 shares during the period. Kemnay Advisory Services Inc. purchased a new position in shares of Marriott International during the 4th quarter valued at approximately $27,000. Finally, McMillan Office Inc. purchased a new stake in Marriott International in the 4th quarter worth $27,000. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Wells Fargo & Company decreased their price objective on shares of Marriott International from $449.00 to $425.00 and set an “overweight” rating on the stock in a report on Tuesday, August 4th. JPMorgan Chase & Co. boosted their price objective on Marriott International from $387.00 to $400.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 21st. China Intl Cap raised Marriott International to a “strong-buy” rating in a report on Wednesday, August 12th. Mizuho lowered their price target on 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, Barclays dropped their price target on 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, eleven have assigned a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $385.65.

Marriott International Trading Down 0.8%

MAR stock opened at $351.08 on Friday. The firm has a 50-day moving average of $366.40 and a two-hundred day moving average of $358.94. Marriott International, Inc. has a 12 month low of $256.76 and a 12 month high of $410.98. The company has a market cap of $91.55 billion, a price-to-earnings ratio of 36.38, a PEG ratio of 2.72 and a beta of 1.10.

Marriott International (NASDAQ:MAR) last posted its quarterly 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. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.The business had revenue of $2.01 billion during the quarter, compared to analyst estimates of $7.19 billion. During the same period in the prior year, the business earned $2.65 earnings per share. The business’s 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 analysts forecast that Marriott International, Inc. will post 11.7 earnings per share for the current year.

Marriott International Announces Dividend

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 paid a $0.73 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. Marriott International’s dividend payout ratio (DPR) is 30.26%.

Marriott International Company 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.