Baird Financial Group Inc. Has $32.72 Million Stock Holdings in Marriott International, Inc. $MAR

Baird Financial Group Inc. lessened its holdings in Marriott International, Inc. (NASDAQ:MAR - Free Report) by 5.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 88,280 shares of the company's stock after selling 4,880 shares during the quarter. Baird Financial Group Inc.'s holdings in Marriott International were worth $32,716,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Frederick Financial Consultants LLC lifted its position in shares of Marriott International by 0.8% during the 4th quarter. Frederick Financial Consultants LLC now owns 3,531 shares of the company's stock valued at $1,095,000 after acquiring an additional 28 shares during the period. World Equity Group Inc. increased its stake 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 last quarter. Haven Capital Group Inc. boosted its holdings in shares of Marriott International by 0.3% in the 1st quarter. Haven Capital Group Inc. now owns 10,064 shares of the company's stock valued at $3,292,000 after purchasing an additional 30 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position 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 buying an additional 30 shares during the last quarter. Finally, Paragon Private Wealth Management LLC lifted its holdings in shares of Marriott International by 4.4% in the first quarter. Paragon Private Wealth Management LLC now owns 743 shares of the company's stock worth $243,000 after acquiring an additional 31 shares during the last quarter. 70.70% of the stock is owned by institutional investors.

Marriott International Stock Down 0.7%

Shares of MAR opened at $329.07 on Friday. The business's 50-day moving average price is $358.61 and its 200-day moving average price is $357.82. Marriott International, Inc. has a twelve month low of $256.76 and a twelve month high of $410.98. The stock has a market cap of $85.81 billion, a PE ratio of 34.10, a P/E/G ratio of 2.50 and a beta of 1.11.

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 (EPS) for the quarter, topping 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 company had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $7.19 billion. During the same quarter last year, the business posted $2.65 earnings per share. The firm's revenue 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. Analysts expect that Marriott International, Inc. will post 11.69 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Robert W. Baird reduced 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. Mizuho lowered their target price on shares of Marriott International from $384.00 to $374.00 and set a "neutral" rating for the company in a research note on Tuesday, August 4th. Sanford C. Bernstein set a $412.00 price target on Marriott International in a report on Monday, June 15th. Wells Fargo & Company reduced their target price on Marriott International from $449.00 to $425.00 and set an "overweight" rating for the company in a research note on Tuesday, August 4th. Finally, Erste Group Bank assumed coverage on shares of Marriott International in a report on Thursday, August 27th. They set a "buy" rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and ten have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Marriott International has a consensus rating of "Moderate Buy" and a consensus price target of $385.88.

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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