California State Teachers Retirement System Has $42.45 Billion Position in Marriott International, Inc. $MAR

Key Points

• California State Teachers Retirement System dramatically increased its Marriott stake by acquiring about 114.3 million additional shares, bringing its holdings to 114.5 million shares valued at $42.45 billion, or approximately 43.92% of the company.
• Analysts maintain a generally positive outlook, with Marriott receiving a “Moderate Buy” consensus rating and an average price target of $385.65, despite some recent target-price reductions.
• Marriott reported quarterly EPS of $3.19, exceeding the $3.08 consensus estimate, while revenue rose 4.8% year over year. The company also declared a quarterly dividend of $0.73 per share, equivalent to a 0.9% annualized yield.

California State Teachers Retirement System lifted its position in Marriott International, Inc. (NASDAQ:MAR - Free Report) by 43,255.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 114,540,104 shares of the company's stock after acquiring an additional 114,275,918 shares during the period. California State Teachers Retirement System owned approximately 43.92% of Marriott International worth $42,447,417,000 at the end of the most recent quarter.

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

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Robert W. Baird cut their price objective on Marriott International from $394.00 to $393.00 and set a "neutral" rating on the stock in a report on Tuesday, August 4th. China Intl Cap raised Marriott International to a "strong-buy" rating in a research note on Wednesday, August 12th. CICC Research assumed coverage on shares of Marriott International in a research note on Wednesday, August 12th. They issued an "outperform" rating on the stock. Erste Group Bank assumed coverage on shares of Marriott International in a report on Thursday, August 27th. They issued a "buy" rating for the company. Finally, 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 report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $385.65.

Marriott International Stock Performance

Shares of MAR opened at $336.51 on Monday. The company's fifty day simple moving average is $361.82 and its 200 day simple moving average is $358.44. Marriott International, Inc. has a 1-year low of $256.76 and a 1-year high of $410.98. The company has a market cap of $87.75 billion, a price-to-earnings ratio of 34.87, a PEG ratio of 2.54 and a beta of 1.11.

Marriott International (NASDAQ:MAR - Get Free Report) last announced its quarterly earnings results on Monday, August 3rd. The company reported $3.19 EPS for the quarter, beating analysts' consensus estimates of $3.08 by $0.11. The firm had revenue of $2.01 billion during the quarter, compared to analysts' expectations of $7.19 billion. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The company's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter last year, the company 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. As a group, research analysts forecast that Marriott International, Inc. will post 11.7 earnings per share for the current year.

Marriott International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, August 20th will be issued 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%.

Marriott International Profile

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.

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