Andra AP fonden Has $14.73 Million Stock Holdings in Marriott International, Inc. $MAR

Key Points

• Andra AP fonden increased its Marriott stake by 32.5% in the second quarter, purchasing 9,760 additional shares. Its 39,761 shares were valued at approximately $14.73 million, while institutional investors and hedge funds collectively own 70.7% of MAR.
• Marriott shares opened at $348.06, with the stock trading between $256.76 and $410.98 over the past year. The company’s latest quarterly earnings of $3.19 per share exceeded analysts’ $3.08 consensus estimate, while revenue rose 4.8% year over year.
• Marriott declared a quarterly dividend of $0.73 per share, equivalent to a $2.92 annualized payout and a 0.8% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $385.88.

Andra AP fonden increased its position in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) by 32.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,761 shares of the company's stock after purchasing an additional 9,760 shares during the quarter. Andra AP fonden's holdings in Marriott International were worth $14,735,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MAR. State Street Corp increased its holdings in Marriott International by 2.9% during the 2nd quarter. State Street Corp now owns 9,644,773 shares of the company's stock valued at $3,574,256,000 after purchasing an additional 272,044 shares in the last quarter. Anchor Investment Management LLC increased its stake in shares of Marriott International by 336.4% in the second quarter. Anchor Investment Management LLC now owns 240 shares of the company's stock valued at $89,000 after buying an additional 185 shares in the last quarter. Tidal Investments LLC raised its holdings in shares of Marriott International by 62.5% in the second quarter. Tidal Investments LLC now owns 34,640 shares of the company's stock valued at $12,837,000 after buying an additional 13,322 shares during the last quarter. MCF Advisors LLC grew its holdings in Marriott International by 6.4% during the 2nd quarter. MCF Advisors LLC now owns 1,971 shares of the company's stock worth $730,000 after acquiring an additional 118 shares during the last quarter. Finally, Engineers Gate Manager LP increased its position in Marriott International by 378.1% in the 2nd quarter. Engineers Gate Manager LP now owns 5,316 shares of the company's stock valued at $1,970,000 after acquiring an additional 4,204 shares in the last quarter. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Marriott International Stock Up 1.6%

MAR stock opened at $348.06 on Wednesday. Marriott International, Inc. has a twelve month low of $256.76 and a twelve month high of $410.98. The company has a market cap of $90.76 billion, a P/E ratio of 36.07, a price-to-earnings-growth ratio of 2.58 and a beta of 1.11. The business's fifty day moving average is $353.24 and its 200-day moving average is $357.70.

Marriott International (NASDAQ:MAR - Get Free Report) last released its earnings results on Monday, August 3rd. The company reported $3.19 earnings per share for the quarter, beating the consensus estimate 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%.The company's quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.65 earnings per share. 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. Research analysts anticipate that Marriott International, Inc. will post 11.69 earnings per share for the current fiscal year.

Marriott International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, August 20th will be issued a $0.73 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.92 annualized dividend and a dividend yield of 0.8%. Marriott International's payout ratio is 30.26%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Stifel Nicolaus increased their price target on shares of Marriott International from $352.00 to $365.00 and gave the company a "hold" rating in a research note on Friday, July 17th. TD Cowen raised Marriott International to a "strong-buy" rating in a report on Tuesday, September 8th. Robert W. Baird decreased their price objective 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. China Intl Cap upgraded Marriott International to a "strong-buy" rating in a research report on Wednesday, August 12th. Finally, JPMorgan Chase & Co. upped their price target on Marriott International from $387.00 to $400.00 and gave the company a "neutral" rating in a research note on Tuesday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $385.88.

Marriott International Profile

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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