Marriott International, Inc. $MAR Shares Acquired by Saudi Central Bank

Saudi Central Bank boosted its position in Marriott International, Inc. (NASDAQ:MAR) by 81.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,300 shares of the company’s stock after purchasing an additional 6,881 shares during the period. Saudi Central Bank’s holdings in Marriott International were worth $5,670,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Frederick Financial Consultants LLC boosted its stake in shares of Marriott International by 0.8% in the fourth quarter. Frederick Financial Consultants LLC now owns 3,531 shares of the company’s stock valued at $1,095,000 after buying 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 valued at $533,000 after acquiring an additional 28 shares during the period. Haven Capital Group Inc. boosted its position in shares of Marriott International by 0.3% during the 1st quarter. Haven Capital Group Inc. now owns 10,064 shares of the company’s stock worth $3,292,000 after purchasing an additional 30 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake 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 purchasing an additional 30 shares during the period. Finally, Paragon Private Wealth Management LLC increased its holdings 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 valued at $243,000 after purchasing an additional 31 shares in the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

Marriott International Price Performance

MAR stock opened at $336.51 on Monday. Marriott International, Inc. has a 12 month low of $256.76 and a 12 month high of $410.98. The firm has a market capitalization of $87.75 billion, a PE ratio of 34.87, a P/E/G ratio of 2.54 and a beta of 1.11. The company’s 50 day simple moving average is $361.82 and its 200-day simple moving average is $358.44.

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

Marriott International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, August 20th will be paid a dividend of $0.73 per share. 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 0.9%. Marriott International’s dividend payout ratio (DPR) is presently 30.26%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on MAR. BMO Capital Markets decreased their price objective on shares of Marriott International from $410.00 to $395.00 and set an “outperform” rating on the stock in a report on Tuesday, August 4th. CICC Research began coverage on shares of Marriott International in a research report on Wednesday, August 12th. They set an “outperform” rating for the company. Weiss Ratings restated a “buy (b)” rating on shares of Marriott International in a report on Friday, August 7th. Wolfe Research assumed coverage on Marriott International in a report on Wednesday, September 2nd. They set a “hold” rating for the company. Finally, Wells Fargo & Company lowered their target price on Marriott International from $449.00 to $425.00 and set an “overweight” rating on the stock in a report on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $385.65.

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.