Livforsakringsbolaget Skandia Omsesidigt Purchases Shares of 1,561 Marriott International, Inc. $MAR

Livforsakringsbolaget Skandia Omsesidigt acquired a new position in Marriott International, Inc. (NASDAQ:MAR) during the second quarter, according to its most recent filing with the SEC. The firm acquired 1,561 shares of the company’s stock, valued at approximately $578,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Frederick Financial Consultants LLC boosted its stake in shares of Marriott International by 0.8% during 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. lifted 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 worth $533,000 after buying an additional 28 shares during the period. Haven Capital Group Inc. boosted its position in Marriott International by 0.3% during the 1st quarter. Haven Capital Group Inc. now owns 10,064 shares of the company’s stock valued at $3,292,000 after acquiring an additional 30 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings 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 acquiring an additional 30 shares during the period. Finally, Paragon Private Wealth Management LLC raised 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 acquiring an additional 31 shares in the last quarter. 70.70% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on MAR. JPMorgan Chase & Co. lifted their price target on Marriott International from $387.00 to $400.00 and gave the company a “neutral” rating in a research report on Tuesday, July 21st. Sanford C. Bernstein set a $412.00 price objective on Marriott International in a research report on Monday, June 15th. Morgan Stanley boosted their target price on shares of Marriott International from $353.00 to $380.00 and gave the company an “overweight” rating in a report on Friday, July 17th. China Intl Cap upgraded shares of Marriott International to a “strong-buy” rating in a research note on Wednesday, August 12th. Finally, Mizuho lowered their price target on shares of Marriott International from $384.00 to $374.00 and set a “neutral” rating for the company in a research report on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $385.65.

Marriott International Stock Down 0.8%

Shares of MAR opened at $351.08 on Friday. Marriott International, Inc. has a twelve month low of $256.76 and a twelve month high of $410.98. The company has a market capitalization of $91.55 billion, a P/E ratio of 36.38, a price-to-earnings-growth ratio of 2.72 and a beta of 1.10. The firm has a 50 day moving average of $366.40 and a 200 day moving average of $358.94.

Marriott International (NASDAQ:MAR) last issued its earnings results on Monday, August 3rd. The company reported $3.19 EPS for the quarter, beating 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 business had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $7.19 billion. During the same period last year, the business posted $2.65 EPS. The company’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. On average, sell-side analysts expect that Marriott International, Inc. will post 11.7 EPS 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 dividend of $0.73 per share. The ex-dividend date is Thursday, August 20th. This represents a $2.92 dividend on an annualized basis and a yield of 0.8%. Marriott International’s payout ratio is currently 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.