Envestnet Asset Management Inc. Acquires 39,370 Shares of Marriott International, Inc. $MAR

Key Points

• Envestnet Asset Management increased its Marriott International stake by 29.6% in the second quarter, adding 39,370 shares to own 172,448 shares valued at approximately $63.9 million. Institutional investors collectively hold 70.7% of Marriott’s stock.
• Marriott reported quarterly adjusted earnings of $3.19 per share, exceeding analysts’ $3.08 estimate, while revenue rose 4.8% year over year. The company provided fiscal 2026 EPS guidance of $11.64–$11.81.
• Marriott declared a quarterly dividend of $0.73 per share, equivalent to an annualized $2.92 payout and a 0.8% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $385.88, versus a recent share price of $352.03.

Envestnet Asset Management Inc. raised its holdings in Marriott International, Inc. (NASDAQ:MAR - Free Report) by 29.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 172,448 shares of the company's stock after acquiring an additional 39,370 shares during the quarter. Envestnet Asset Management Inc. owned about 0.07% of Marriott International worth $63,907,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Evelyn Partners Investment Management Services Ltd bought a new stake in shares of Marriott International in the 1st quarter valued at about $25,000. Wilkerson Advisory Group LLC increased 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 purchasing an additional 47 shares in the last quarter. IMG Wealth Management Inc. raised its holdings 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 period. Basepoint Wealth LLC bought a new position in shares of Marriott International during the fourth quarter worth $28,000. Finally, Godfrey Financial Associates Inc. acquired a new position in shares of Marriott International in the 4th quarter valued at $31,000. Institutional investors own 70.70% of the company's stock.

Marriott International Stock Up 0.1%

NASDAQ MAR opened at $352.03 on Friday. The firm's 50 day moving average is $352.22 and its 200-day moving average is $357.98. The company has a market capitalization of $91.80 billion, a PE ratio of 36.48, a price-to-earnings-growth ratio of 2.66 and a beta of 1.11. Marriott International, Inc. has a 12-month low of $256.76 and a 12-month high of $410.98.

Marriott International (NASDAQ:MAR - Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The company reported $3.19 EPS for the quarter, topping analysts' consensus estimates of $3.08 by $0.11. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The company had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $7.19 billion. During the same period in the prior year, the business posted $2.65 EPS. The company's quarterly revenue was up 4.8% on a year-over-year basis. 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, sell-side analysts expect that Marriott International, Inc. will post 11.69 EPS for the current year.

Marriott International Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on MAR shares. Erste Group Bank initiated coverage on Marriott International in a report on Thursday, August 27th. They issued a "buy" rating for the company. Stifel Nicolaus boosted their price objective on Marriott International from $352.00 to $365.00 and gave the company a "hold" rating in a research report on Friday, July 17th. Mizuho lowered their target price on Marriott International from $384.00 to $374.00 and set a "neutral" rating for the company in a research note on Tuesday, August 4th. Wolfe Research assumed coverage on shares of Marriott International in a research note on Wednesday, September 2nd. They issued a "hold" rating on the stock. Finally, China Intl Cap upgraded shares of Marriott International to a "strong-buy" rating in a report on Wednesday, August 12th. 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's stock. According to MarketBeat, the stock presently 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.