NS Partners Ltd Sells 25,463 Shares of Marriott International, Inc. $MAR

Key Points

• NS Partners reduced its Marriott stake by 19.1%, selling 25,463 shares and retaining 108,102 shares valued at approximately $40.1 million. Institutional investors collectively own 70.7% of MAR.
• Analysts maintain a “Moderate Buy” consensus rating, with an average price target of $385.65, despite several firms trimming or modestly raising their targets.
• Marriott shares opened at $341.76, down 2.7%; the company recently reported quarterly EPS of $3.19, exceeding estimates, and declared a quarterly dividend of $0.73 per share.

NS Partners Ltd cut its stake in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) by 19.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 108,102 shares of the company's stock after selling 25,463 shares during the period. Marriott International accounts for approximately 1.7% of NS Partners Ltd's portfolio, making the stock its 17th largest holding. NS Partners Ltd's holdings in Marriott International were worth $40,062,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MAR. Invesco Ltd. increased its holdings in shares of Marriott International by 2.7% in the 4th quarter. Invesco Ltd. now owns 4,440,359 shares of the company's stock worth $1,377,577,000 after buying an additional 118,504 shares during the last quarter. Capital International Investors raised its holdings in Marriott International by 7.1% during the 4th quarter. Capital International Investors now owns 4,107,531 shares of the company's stock valued at $1,274,475,000 after buying an additional 272,250 shares during the last quarter. Norges Bank bought a new stake in shares of Marriott International in the fourth quarter worth about $812,570,000. Price T Rowe Associates Inc. MD lifted its holdings in Marriott International by 13.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,879,028 shares of the company's stock worth $582,952,000 after buying an additional 219,579 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in Marriott International by 1.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,619,423 shares of the company's stock valued at $502,410,000 after purchasing an additional 19,387 shares during the period. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on MAR. BMO Capital Markets lowered their target price on Marriott International from $410.00 to $395.00 and set an "outperform" rating for the company in a research note on Tuesday, August 4th. Weiss Ratings reissued a "buy (b)" rating on shares of Marriott International in a report on Friday, August 7th. Robert W. Baird cut their target price on shares of Marriott International from $394.00 to $393.00 and set a "neutral" rating for the company in a research report on Tuesday, August 4th. Truist Financial raised their price objective on shares of Marriott International from $350.00 to $356.00 and gave the stock a "hold" rating in a report on Tuesday, May 26th. Finally, Stifel Nicolaus upped their price target on Marriott International from $352.00 to $365.00 and gave the stock a "hold" rating in a research report on Friday, July 17th. One equities research 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.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $385.65.

Marriott International Trading Down 2.7%

NASDAQ MAR opened at $341.76 on Tuesday. The company's 50-day moving average price is $365.55 and its 200-day moving average price is $359.01. The stock has a market cap of $89.12 billion, a PE ratio of 35.42, a PEG ratio of 2.72 and a beta of 1.10. 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 announced its 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. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The business had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $7.19 billion. During the same period in the previous year, the company posted $2.65 earnings per share. The firm's 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 forecast that Marriott International, Inc. will post 11.7 earnings per share for the current year.

Marriott International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, August 20th will be given a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, August 20th. Marriott International's dividend payout ratio (DPR) is presently 30.26%.

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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