14,933 Shares in Marriott International, Inc. $MAR Acquired by North Star Asset Management Inc.

North Star Asset Management Inc. purchased a new position in shares of Marriott International, Inc. (NASDAQ:MAR) in the 2nd quarter, Holdings Channel reports. The firm purchased 14,933 shares of the company’s stock, valued at approximately $5,534,000.

Other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC increased its holdings in shares of Marriott International by 2.5% during the 4th quarter. Brighton Jones LLC now owns 8,887 shares of the company’s stock worth $2,479,000 after buying an additional 218 shares during the last quarter. Empowered Funds LLC boosted its holdings in Marriott International by 39.1% in the first quarter. Empowered Funds LLC now owns 5,805 shares of the company’s stock valued at $1,383,000 after acquiring an additional 1,631 shares during the last quarter. Woodline Partners LP grew its position in Marriott International by 39.6% during the first quarter. Woodline Partners LP now owns 19,332 shares of the company’s stock valued at $4,605,000 after acquiring an additional 5,480 shares during the period. Intech Investment Management LLC increased its stake in Marriott International by 21.8% during the first quarter. Intech Investment Management LLC now owns 6,035 shares of the company’s stock worth $1,438,000 after acquiring an additional 1,079 shares during the last quarter. Finally, Sei Investments Co. raised its holdings in shares of Marriott International by 3.8% in the 2nd quarter. Sei Investments Co. now owns 137,329 shares of the company’s stock worth $37,520,000 after purchasing an additional 5,007 shares during the period. 70.70% of the stock is owned by hedge funds and other institutional investors.

Marriott International Stock Down 1.3%

NASDAQ MAR opened at $353.87 on Friday. Marriott International, Inc. has a fifty-two week low of $256.76 and a fifty-two week high of $410.98. The business has a 50 day moving average price of $367.30 and a two-hundred day moving average price of $358.99. The stock has a market cap of $92.28 billion, a PE ratio of 36.67, a P/E/G ratio of 2.78 and a beta of 1.10.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings data 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 net margin of 9.62% and a negative return on equity of 75.81%. The company had revenue of $2.01 billion for the quarter, compared to analyst estimates of $7.19 billion. During the same quarter last year, the firm posted $2.65 earnings per share. The business’s quarterly revenue was up 4.8% on a year-over-year basis. 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. Sell-side analysts anticipate that Marriott International, Inc. will post 11.7 EPS for the current fiscal year.

Marriott International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, August 20th will be issued a dividend of $0.73 per share. The ex-dividend date is Thursday, August 20th. This represents a $2.92 annualized dividend and a yield of 0.8%. Marriott International’s payout ratio is currently 30.26%.

Wall Street Analysts Forecast Growth

MAR has been the subject of a number of research reports. Robert W. Baird decreased their target price on Marriott International from $394.00 to $393.00 and set a “neutral” rating for the company in a report on Tuesday, August 4th. Weiss Ratings restated a “buy (b)” rating on shares of Marriott International in a report on Friday, August 7th. Erste Group Bank assumed coverage on shares of Marriott International in a research note on Thursday. They set a “buy” rating for the company. China Intl Cap raised shares of Marriott International to a “strong-buy” rating in a research report on Wednesday, August 12th. Finally, BMO Capital Markets cut their target price on shares of Marriott International from $410.00 to $395.00 and set an “outperform” rating on the stock in a research note on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target 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.