Jupiter Topco LLC acquired a new position in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 220,930 shares of the company's stock, valued at approximately $81,872,000. Jupiter Topco LLC owned 0.08% of Marriott International as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also made changes to their positions in the stock. Frederick Financial Consultants LLC increased its stake in Marriott International by 0.8% during the fourth 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. lifted its position in shares of Marriott International by 2.0% in the 2nd quarter. World Equity Group Inc. now owns 1,437 shares of the company's stock worth $533,000 after acquiring an additional 28 shares during the period. Haven Capital Group Inc. grew its holdings in shares of Marriott International by 0.3% during the 1st quarter. Haven Capital Group Inc. now owns 10,064 shares of the company's stock worth $3,292,000 after purchasing 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% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,472 shares of the company's stock valued at $808,000 after purchasing an additional 30 shares during the period. Finally, Paragon Private Wealth Management LLC raised its stake 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 valued at $243,000 after purchasing an additional 31 shares in the last quarter. Institutional investors own 70.70% of the company's stock.
Marriott International Stock Performance
MAR opened at $358.67 on Thursday. The firm has a market cap of $93.53 billion, a price-to-earnings ratio of 37.17, a PEG ratio of 2.77 and a beta of 1.10. The firm's 50-day simple moving average is $368.15 and its 200-day simple moving average is $358.85. Marriott International, Inc. has a twelve month low of $256.76 and a twelve month high of $410.98.
Marriott International (NASDAQ:MAR - Get Free Report) last announced its quarterly earnings results on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.08 by $0.11. The firm had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $7.19 billion. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The firm's quarterly revenue was up 4.8% on a year-over-year basis. During the same period last year, the firm 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, sell-side analysts anticipate that Marriott International, Inc. will post 11.71 EPS for the current fiscal year.
Marriott International Dividend Announcement
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 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 0.8%. Marriott International's dividend payout ratio is 30.26%.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on the stock. Stifel Nicolaus boosted their price target on shares of Marriott International from $352.00 to $365.00 and gave the company a "hold" rating in a report on Friday, July 17th. Barclays decreased their target price on shares of Marriott International from $379.00 to $348.00 and set an "equal weight" rating on the stock in a research report on Tuesday, August 4th. UBS Group lowered their target price on shares of Marriott International from $412.00 to $395.00 and set a "neutral" rating on the stock in a research note on Thursday, August 20th. BMO Capital Markets cut their price target on shares of Marriott International from $410.00 to $395.00 and set an "outperform" rating for the company in a research note on Tuesday, August 4th. Finally, China Intl Cap upgraded Marriott International to a "strong-buy" rating in a research note on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $385.65.
View Our Latest Analysis on MAR
About Marriott International
(
Free Report)
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.
Further Reading
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