Allworth Financial LP Has $5.55 Million Stock Holdings in Marriott International, Inc. $MAR

Key Points

• Allworth Financial reduced its Marriott International holdings by 39.6% in the second quarter, selling 9,812 shares and retaining 14,976 shares valued at approximately $5.55 million. Institutional investors collectively own 70.70% of Marriott’s stock.
• Marriott reported quarterly EPS of $3.19, exceeding estimates of $3.08, while revenue rose 4.8% year over year to $2.01 billion. The company also declared a quarterly dividend of $0.73 per share, representing a 0.9% yield.
• Analysts maintain a generally positive outlook, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $385.65, compared with a recent share price of $331.52.

Allworth Financial LP trimmed its holdings in Marriott International, Inc. (NASDAQ:MAR - Free Report) by 39.6% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,976 shares of the company's stock after selling 9,812 shares during the period. Allworth Financial LP's holdings in Marriott International were worth $5,550,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of MAR. California State Teachers Retirement System increased its holdings in shares of Marriott International by 43,255.9% during the 2nd quarter. California State Teachers Retirement System now owns 114,540,104 shares of the company's stock valued at $42,447,417,000 after acquiring an additional 114,275,918 shares during the last quarter. Norges Bank bought a new position in shares of Marriott International in the fourth quarter valued at approximately $812,570,000. Diamant Asset Management Inc. lifted its stake in shares of Marriott International by 32,607.0% in the first quarter. Diamant Asset Management Inc. now owns 490,605 shares of the company's stock worth $16,046,000 after buying an additional 489,105 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Marriott International by 37.9% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,363,845 shares of the company's stock worth $423,119,000 after buying an additional 374,497 shares during the period. Finally, Capital International Investors grew its stake in Marriott International by 7.1% in the 4th quarter. Capital International Investors now owns 4,107,531 shares of the company's stock valued at $1,274,475,000 after buying an additional 272,250 shares during the last quarter. Institutional investors own 70.70% of the company's stock.

Marriott International Stock Up 0.8%

Marriott International stock opened at $331.52 on Thursday. The business has a 50 day moving average price of $359.48 and a two-hundred day moving average price of $357.95. Marriott International, Inc. has a 12 month low of $256.76 and a 12 month high of $410.98. The stock has a market cap of $86.45 billion, a price-to-earnings ratio of 34.35, a price-to-earnings-growth ratio of 2.48 and a beta of 1.11.

Marriott International (NASDAQ:MAR - Get Free Report) last released 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 negative return on equity of 75.81% and a net margin of 9.62%.The business had revenue of $2.01 billion for the quarter, compared to analysts' expectations of $7.19 billion. During the same period in the previous year, the business posted $2.65 earnings per share. Marriott International'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. On average, analysts expect that Marriott International, Inc. will post 11.7 earnings per share 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. Stockholders of record on Thursday, August 20th will be issued a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, August 20th. Marriott International's dividend payout ratio (DPR) is presently 30.26%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on MAR shares. BMO Capital Markets decreased their price target on shares of Marriott International from $410.00 to $395.00 and set an "outperform" rating for the company in a report on Tuesday, August 4th. CICC Research began coverage on Marriott International in a research note on Wednesday, August 12th. They set an "outperform" rating for the company. Robert W. Baird dropped their price target on Marriott International from $394.00 to $393.00 and set a "neutral" rating on the stock in a research report on Tuesday, August 4th. Weiss Ratings reissued a "buy (b)" rating on shares of Marriott International in a research report on Friday, August 7th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Marriott International from $387.00 to $400.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $385.65.

About Marriott International

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.

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