E. Ohman J or Asset Management AB Decreases Holdings in Marriott International, Inc. $MAR

Key Points

• E. Ohman J or Asset Management AB reduced its Marriott International stake by 33.6% in the second quarter, selling 3,000 shares and retaining 5,920 shares valued at approximately $2.19 million. Institutional investors own 70.7% of Marriott’s stock.
• Analyst sentiment remains moderately positive, with Marriott receiving an average rating of “Moderate Buy” and an average price target of $386.65. Recent targets range from $356 to $420, reflecting mixed but generally constructive views.
• 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 0.8% annualized yield.

E. Ohman J or Asset Management AB lowered its position in Marriott International, Inc. (NASDAQ:MAR - Free Report) by 33.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,920 shares of the company's stock after selling 3,000 shares during the quarter. E. Ohman J or Asset Management AB's holdings in Marriott International were worth $2,194,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Evelyn Partners Investment Management Services Ltd bought a new position in shares of Marriott International during the 1st quarter valued at $25,000. IMG Wealth Management Inc. lifted its stake in 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 purchasing an additional 41 shares during the last quarter. Wilkerson Advisory Group LLC boosted its position in Marriott International by 127.0% during the first quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company's stock valued at $27,000 after buying an additional 47 shares during the period. Kemnay Advisory Services Inc. bought a new position in shares of Marriott International during the fourth quarter valued at about $27,000. Finally, McMillan Office Inc. purchased a new position in shares of Marriott International in the fourth quarter worth about $27,000. 70.70% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, EVP Peggy Roe sold 3,000 shares of the firm's stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $361.56, for a total value of $1,084,680.00. Following the completion of the sale, the executive vice president directly owned 19,827 shares of the company's stock, valued at approximately $7,168,650.12. This trade represents a 13.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 11.43% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on MAR shares. Truist Financial increased their target price on Marriott International from $350.00 to $356.00 and gave the company a "hold" rating in a report on Tuesday, May 26th. Robert W. Baird decreased their price target on Marriott International from $394.00 to $393.00 and set a "neutral" rating on the stock in a research note on Tuesday, August 4th. Weiss Ratings reissued a "buy (b)" rating on shares of Marriott International in a research note on Friday. TD Cowen raised their target price on shares of Marriott International from $410.00 to $420.00 and gave the stock a "buy" rating in a report on Tuesday, July 21st. Finally, Mizuho decreased their target price on shares of Marriott International from $384.00 to $374.00 and set a "neutral" rating on the stock in a research note on Tuesday, August 4th. Nine investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Marriott International presently has an average rating of "Moderate Buy" and an average target price of $386.65.

Marriott International Price Performance

NASDAQ MAR opened at $349.49 on Wednesday. Marriott International, Inc. has a 1 year low of $256.76 and a 1 year high of $410.98. The stock has a market capitalization of $91.14 billion, a PE ratio of 36.22, a PEG ratio of 2.70 and a beta of 1.10. The business's 50-day moving average is $376.00 and its 200 day moving average is $355.89.

Marriott International (NASDAQ:MAR - Get Free Report) last released 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 business had revenue of $2.01 billion during 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%.Marriott International's quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.65 EPS. 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, equities research analysts anticipate that Marriott International, Inc. will post 11.7 earnings per share for the current year.

Marriott International Announces Dividend

The business 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 $0.73 dividend. The ex-dividend date is Thursday, August 20th. This represents a $2.92 annualized dividend and a yield of 0.8%. Marriott International's payout ratio is 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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