Man Group plc Makes New $7.13 Million Investment in Marriott International, Inc. $MAR

Man Group plc bought a new stake in Marriott International, Inc. (NASDAQ:MAR) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 19,253 shares of the company’s stock, valued at approximately $7,135,000.

Several other hedge funds also recently bought and sold shares of the stock. Evelyn Partners Investment Management Services Ltd acquired a new stake in shares of Marriott International during the first quarter worth $25,000. Wilkerson Advisory Group LLC lifted its position in Marriott International by 127.0% during the first quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock worth $27,000 after buying an additional 47 shares during the period. IMG Wealth Management Inc. boosted its stake in Marriott International by 100.0% in the 1st quarter. IMG Wealth Management Inc. now owns 82 shares of the company’s stock worth $27,000 after buying an additional 41 shares during the last quarter. Kemnay Advisory Services Inc. purchased a new stake in Marriott International in the 4th quarter valued at about $27,000. Finally, McMillan Office Inc. acquired a new position in shares of Marriott International during the 4th quarter valued at about $27,000. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on MAR shares. CICC Research initiated coverage on shares of Marriott International in a report on Wednesday, August 12th. They issued an “outperform” rating for the company. BMO Capital Markets decreased their price target 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. Wells Fargo & Company lowered their price objective on shares of Marriott International from $449.00 to $425.00 and set an “overweight” rating for the company in a research note on Tuesday, August 4th. Truist Financial increased their target price on Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a research report on Tuesday, May 26th. Finally, Mizuho reduced their target price on Marriott International from $384.00 to $374.00 and set a “neutral” rating on the stock in a report on Tuesday, August 4th. One 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 company’s stock. According to data from MarketBeat.com, Marriott International has a consensus rating of “Moderate Buy” and an average price target of $385.65.

Marriott International Price Performance

Shares of MAR stock opened at $351.08 on Friday. The company’s fifty day moving average price is $366.40 and its two-hundred day moving average price is $358.94. The firm has a market capitalization of $91.55 billion, a P/E ratio of 36.38, a P/E/G ratio of 2.72 and a beta of 1.10. Marriott International, Inc. has a 12 month low of $256.76 and a 12 month high of $410.98.

Marriott International (NASDAQ:MAR) last announced 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 company 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 quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the company 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, sell-side analysts anticipate that Marriott International, Inc. will post 11.7 EPS for the current year.

Marriott International Announces Dividend

The firm 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 is Thursday, August 20th. This represents a $2.92 annualized dividend and a yield of 0.8%. Marriott International’s dividend payout ratio is 30.26%.

About Marriott International

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.