Hennessy Advisors Inc. Makes New Investment in Marriott International, Inc. $MAR

Key Points

• Hennessy Advisors initiated a position in Marriott International, purchasing 5,712 shares worth approximately $2.12 million. Institutional investors and hedge funds collectively own 70.7% of Marriott’s outstanding shares.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $385.65, although Mizuho and UBS recently lowered their targets while TD Cowen and JPMorgan raised theirs.
• Marriott reported quarterly EPS of $3.19, exceeding estimates by $0.11, 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.

Hennessy Advisors Inc. purchased a new position in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 5,712 shares of the company's stock, valued at approximately $2,117,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Frederick Financial Consultants LLC lifted its stake in shares of Marriott International by 0.8% in the 4th quarter. Frederick Financial Consultants LLC now owns 3,531 shares of the company's stock valued at $1,095,000 after purchasing an additional 28 shares in the last quarter. World Equity Group Inc. raised its holdings 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 buying an additional 28 shares during the period. Haven Capital Group Inc. lifted its position in Marriott International by 0.3% during the first quarter. Haven Capital Group Inc. now owns 10,064 shares of the company's stock valued at $3,292,000 after buying an additional 30 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in shares of Marriott International by 1.2% in the first 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 acquiring an additional 30 shares in the last quarter. Finally, Paragon Private Wealth Management LLC lifted its holdings in shares of Marriott International by 4.4% during the 1st quarter. Paragon Private Wealth Management LLC now owns 743 shares of the company's stock valued at $243,000 after acquiring an additional 31 shares in the last quarter. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently commented on MAR shares. Mizuho dropped their target price on Marriott International from $384.00 to $374.00 and set a "neutral" rating on the stock in a report on Tuesday, August 4th. UBS Group lowered their price objective on shares of Marriott International from $412.00 to $395.00 and set a "neutral" rating for the company in a research report on Thursday, August 20th. Weiss Ratings reissued a "buy (b)" rating on shares of Marriott International in a research report on Friday, August 7th. TD Cowen raised their price target on shares of Marriott International from $410.00 to $420.00 and gave the company a "buy" rating in a report on Tuesday, July 21st. Finally, JPMorgan Chase & Co. lifted their price target on shares of Marriott International from $387.00 to $400.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have given a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $385.65.

Marriott International Stock Performance

Shares of NASDAQ MAR opened at $351.08 on Monday. The business has a 50 day simple moving average of $366.40 and a 200-day simple moving average of $359.13. Marriott International, Inc. has a twelve month low of $256.76 and a twelve month high of $410.98. The company has a market capitalization of $91.55 billion, a price-to-earnings ratio of 36.38, a price-to-earnings-growth ratio of 2.72 and a beta of 1.10.

Marriott International (NASDAQ:MAR - Get Free Report) last issued its 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 company had revenue of $2.01 billion during the quarter, compared to the consensus estimate 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 period in the previous 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. As a group, equities analysts predict that Marriott International, Inc. will post 11.7 earnings per share for the current year.

Marriott International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, August 20th will be paid a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, August 20th. 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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