Marriott International, Inc. $MAR Holdings Decreased by Allstate Corp

Key Points

• Allstate Corp cut its Marriott stake by 29.2% in the second quarter, selling 7,479 shares and retaining 18,177 shares valued at approximately $6.7 million. Institutional investors collectively own 70.7% of Marriott.
• Marriott reported quarterly EPS of $3.19, beating analysts’ $3.08 estimate, while revenue increased 4.8% year over year to $2.01 billion. The company guided for fiscal 2026 EPS of $11.64–$11.81.
• Marriott declared a quarterly dividend of $0.73 per share, equivalent to $2.92 annually and a 0.8% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $385.65.

Allstate Corp reduced its position in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) by 29.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,177 shares of the company's stock after selling 7,479 shares during the period. Allstate Corp's holdings in Marriott International were worth $6,736,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in MAR. Norges Bank bought a new position in Marriott International in the fourth quarter worth about $812,570,000. Diamant Asset Management Inc. grew its holdings in shares of Marriott International by 32,607.0% during the first quarter. Diamant Asset Management Inc. now owns 490,605 shares of the company's stock valued at $16,046,000 after purchasing an additional 489,105 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Marriott International by 37.9% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,363,845 shares of the company's stock worth $423,119,000 after purchasing an additional 374,497 shares during the period. Capital International Investors lifted its holdings in shares of Marriott International by 7.1% in the 4th quarter. Capital International Investors now owns 4,107,531 shares of the company's stock worth $1,274,475,000 after purchasing an additional 272,250 shares during the last quarter. Finally, Amundi boosted its position in Marriott International by 52.0% during the 3rd quarter. Amundi now owns 741,408 shares of the company's stock valued at $201,618,000 after purchasing an additional 253,696 shares during the period. Institutional investors and hedge funds own 70.70% of the company's stock.

Marriott International Price Performance

Shares of MAR opened at $356.39 on Monday. The firm has a market capitalization of $92.94 billion, a PE ratio of 36.93, a P/E/G ratio of 2.76 and a beta of 1.10. The firm has a 50-day moving average price of $370.50 and a 200 day moving average price of $358.09. Marriott International, Inc. has a 52-week low of $256.76 and a 52-week high of $410.98.

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, topping analysts' consensus estimates of $3.08 by $0.11. The company had revenue of $2.01 billion for 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%. Marriott International's revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the firm earned $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. On average, equities analysts expect that Marriott International, Inc. will post 11.71 EPS for the current year.

Marriott International Dividend Announcement

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

Analyst Ratings Changes

A number of brokerages recently commented on MAR. Robert W. Baird dropped their target price on Marriott International from $394.00 to $393.00 and set a "neutral" rating on the stock in a research report on Tuesday, August 4th. Mizuho reduced their price target on shares of Marriott International from $384.00 to $374.00 and set a "neutral" rating for the company in a report on Tuesday, August 4th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Marriott International in a report on Friday, August 7th. China Intl Cap upgraded shares of Marriott International to a "strong-buy" rating in a research report on Wednesday, August 12th. Finally, BMO Capital Markets reduced their target price 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. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $385.65.

Marriott International Company 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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