Fundsmith LLP Has $958.26 Million Position in Marriott International, Inc. $MAR

Fundsmith LLP decreased its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 23.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,585,757 shares of the company’s stock after selling 785,115 shares during the quarter. Marriott International comprises about 7.0% of Fundsmith LLP’s portfolio, making the stock its biggest holding. Fundsmith LLP owned about 0.99% of Marriott International worth $958,256,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. Frederick Financial Consultants LLC raised its position in Marriott International by 0.8% during the fourth quarter. Frederick Financial Consultants LLC now owns 3,531 shares of the company’s stock worth $1,095,000 after acquiring an additional 28 shares in the last quarter. World Equity Group Inc. grew its position in shares of Marriott International by 2.0% in the 2nd quarter. World Equity Group Inc. now owns 1,437 shares of the company’s stock valued at $533,000 after acquiring an additional 28 shares during the period. Haven Capital Group Inc. raised its holdings in shares of Marriott International by 0.3% in the 1st quarter. Haven Capital Group Inc. now owns 10,064 shares of the company’s stock valued at $3,292,000 after purchasing an additional 30 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in Marriott International by 1.2% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,472 shares of the company’s stock valued at $808,000 after purchasing an additional 30 shares during the last quarter. Finally, Paragon Private Wealth Management LLC increased its position in Marriott International by 4.4% during the first quarter. Paragon Private Wealth Management LLC now owns 743 shares of the company’s stock worth $243,000 after buying an additional 31 shares during the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

Analyst Upgrades and Downgrades

MAR has been the subject of a number of recent analyst reports. Barclays cut their price objective 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. Wells Fargo & Company dropped their price target on Marriott International from $449.00 to $425.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 4th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Marriott International in a research report on Friday, August 7th. UBS Group dropped their price objective on shares of Marriott International from $412.00 to $395.00 and set a “neutral” rating on the stock in a research report on Thursday, August 20th. Finally, Truist Financial raised their target price on shares of Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a research note on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $385.65.

Marriott International Stock Performance

NASDAQ:MAR opened at $351.08 on Monday. The stock has a 50 day simple moving average of $366.40 and a 200 day simple moving average of $359.13. The stock has a market cap of $91.55 billion, a P/E ratio of 36.38, a PEG ratio of 2.72 and a beta of 1.10. Marriott International, Inc. has a 1-year low of $256.76 and a 1-year high of $410.98.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings data on Monday, August 3rd. The company reported $3.19 earnings per share 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 for the quarter, compared to analysts’ expectations of $7.19 billion. During the same quarter last year, the business earned $2.65 EPS. The company’s quarterly 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, sell-side analysts forecast that Marriott International, Inc. will post 11.7 EPS for the current year.

Marriott International Dividend Announcement

The firm also recently announced 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. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.92 annualized dividend and a dividend yield of 0.8%. Marriott International’s dividend payout ratio (DPR) is currently 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.