National Pension Service Decreases Holdings in Marriott International, Inc. $MAR

National Pension Service trimmed its holdings in Marriott International, Inc. (NASDAQ:MAR) by 1.2% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 605,560 shares of the company’s stock after selling 7,630 shares during the quarter. National Pension Service owned 0.23% of Marriott International worth $224,414,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in MAR. California State Teachers Retirement System boosted its position in Marriott International by 43,255.9% during the second quarter. California State Teachers Retirement System now owns 114,540,104 shares of the company’s stock valued at $42,447,417,000 after buying an additional 114,275,918 shares during the period. Invesco Ltd. lifted its stake in shares of Marriott International by 2.7% in the 4th quarter. Invesco Ltd. now owns 4,440,359 shares of the company’s stock valued at $1,377,577,000 after acquiring an additional 118,504 shares during the last quarter. Capital International Investors boosted its holdings in Marriott International by 7.1% during the 4th quarter. Capital International Investors now owns 4,107,531 shares of the company’s stock valued at $1,274,475,000 after acquiring an additional 272,250 shares during the period. Norges Bank bought a new position in Marriott International during the 4th quarter worth approximately $812,570,000. Finally, Price T Rowe Associates Inc. MD increased its stake in Marriott International by 13.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,879,028 shares of the company’s stock worth $582,952,000 after purchasing an additional 219,579 shares during the period. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Marriott International Stock Performance

Shares of NASDAQ MAR opened at $329.07 on Friday. The company has a 50 day simple moving average of $358.61 and a two-hundred day simple moving average of $357.82. Marriott International, Inc. has a fifty-two week low of $256.76 and a fifty-two week high of $410.98. The company has a market capitalization of $85.81 billion, a price-to-earnings ratio of 34.10, a P/E/G ratio of 2.50 and a beta of 1.11.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results 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. The company had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $7.19 billion. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $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. On average, analysts forecast that Marriott International, Inc. will post 11.69 earnings per share for the current fiscal year.

Marriott International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, August 20th will be given a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, August 20th. Marriott International’s payout ratio is currently 30.26%.

Analyst Ratings Changes

Several research analysts recently commented on the stock. China Intl Cap raised shares of Marriott International to a “strong-buy” rating in a research note on Wednesday, August 12th. BMO Capital Markets lowered their price objective on shares of Marriott International from $410.00 to $395.00 and set an “outperform” rating for the company in a research note on Tuesday, August 4th. Truist Financial boosted their target price on Marriott International from $356.00 to $360.00 and gave the company a “hold” rating in a research note on Thursday. Sanford C. Bernstein set a $412.00 target price on Marriott International in a report on Monday, June 15th. Finally, TD Cowen upped their price target on Marriott International from $410.00 to $420.00 and gave the stock a “buy” rating in a research note on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $385.88.

Marriott International Profile

Marriott International, Inc is a global hospitality company that operates, franchises, licenses and manages hotels, resorts and other lodging properties. Its portfolio includes full-service, luxury, select-service and extended-stay accommodations, as well as branded residences, timeshare properties and vacation experiences. Marriott also provides food and beverage, meeting and event services through many of its properties.

The company’s brands include Marriott Hotels, The Ritz-Carlton, St.