Amundi Decreases Stake in Marriott International, Inc. $MAR

Key Points

• Amundi reduced its Marriott stake by 5.8% in the second quarter, selling 36,169 shares and retaining 591,519 shares valued at approximately $219.2 million. Institutional investors collectively own 70.7% of the company.
• Marriott reported quarterly earnings of $3.19 per share, beating estimates of $3.08, while revenue rose 4.8% year over year. The stock was trading at $328.79, down 2.3%, with a market capitalization of roughly $85.7 billion.
• Analysts maintain a consensus “Moderate Buy” rating with a $385.65 price target, despite several recent target reductions. Marriott also declared a quarterly dividend of $0.73 per share, equivalent to a 0.9% annualized yield.

Amundi cut its stake in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) by 5.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 591,519 shares of the company's stock after selling 36,169 shares during the quarter. Amundi owned about 0.23% of Marriott International worth $219,211,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MAR. Evelyn Partners Investment Management Services Ltd purchased a new position in Marriott International during the 1st quarter worth approximately $25,000. IMG Wealth Management Inc. lifted its holdings in shares of Marriott International by 100.0% in the 1st quarter. IMG Wealth Management Inc. now owns 82 shares of the company's stock valued at $27,000 after buying an additional 41 shares during the period. Wilkerson Advisory Group LLC boosted its stake in shares of Marriott International by 127.0% in 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 last quarter. Kemnay Advisory Services Inc. acquired a new stake in Marriott International during the fourth quarter worth about $27,000. Finally, McMillan Office Inc. purchased a new position in shares of Marriott International during the 4th quarter valued at approximately $27,000. Institutional investors and hedge funds own 70.70% of the company's stock.

Marriott International Trading Down 2.3%

Shares of MAR opened at $328.79 on Wednesday. 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 $85.74 billion, a P/E ratio of 34.07, a P/E/G ratio of 2.54 and a beta of 1.11. The firm has a 50-day moving average price of $360.22 and a 200 day moving average price of $358.08.

Marriott International (NASDAQ:MAR - Get Free Report) last issued its quarterly earnings data 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. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.The company had revenue of $2.01 billion during the quarter, compared to analyst estimates of $7.19 billion. During the same period in the prior year, the business posted $2.65 earnings per share. The firm's revenue for the quarter was up 4.8% compared to the same quarter last year. 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. Equities research analysts predict that Marriott International, Inc. will post 11.7 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, August 20th will be given a $0.73 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.92 dividend on an annualized basis and a yield of 0.9%. Marriott International's payout ratio is presently 30.26%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. BMO Capital Markets lowered 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. Wells Fargo & Company reduced their price target on Marriott International from $449.00 to $425.00 and set an "overweight" rating for the company in a report on Tuesday, August 4th. Sanford C. Bernstein set a $412.00 price target on Marriott International in a research report on Monday, June 15th. Mizuho cut their price objective on Marriott International from $384.00 to $374.00 and set a "neutral" rating for the company in a research report on Tuesday, August 4th. Finally, TD Cowen upped their target price 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 equities 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. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target 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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