William Blair Investment Management LLC Grows Stock Position in Marriott International, Inc. $MAR

Key Points

• William Blair Investment Management increased its Marriott stake by 255.5% in the second quarter, acquiring 216,241 additional shares and bringing its holdings to 300,872 shares worth approximately $111.5 million.
• Analysts remain broadly positive, with Marriott receiving a “Moderate Buy” consensus rating and an average price target of $385.65; recent firms raised their ratings or targets, while Wells Fargo lowered its target to $425.
• Marriott reported quarterly EPS of $3.19, beating estimates of $3.08, while revenue rose 4.8% year over year. The company also declared a quarterly dividend of $0.73 per share, representing an annualized yield of approximately 0.8%.

William Blair Investment Management LLC boosted its holdings in Marriott International, Inc. (NASDAQ:MAR - Free Report) by 255.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 300,872 shares of the company's stock after acquiring an additional 216,241 shares during the period. William Blair Investment Management LLC owned 0.12% of Marriott International worth $111,500,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Evelyn Partners Investment Management Services Ltd acquired a new position in shares of Marriott International during the 1st quarter worth approximately $25,000. IMG Wealth Management Inc. grew its holdings in Marriott International by 100.0% during the 1st quarter. IMG Wealth Management Inc. now owns 82 shares of the company's stock valued at $27,000 after buying an additional 41 shares during the last quarter. Wilkerson Advisory Group LLC increased its position in Marriott International by 127.0% during the first quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company's stock worth $27,000 after buying an additional 47 shares in the last quarter. McMillan Office Inc. acquired a new position in shares of Marriott International in the fourth quarter worth $27,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of Marriott International in the fourth quarter valued at $27,000. Institutional investors and hedge funds own 70.70% of the company's stock.

Analyst Ratings Changes

Several brokerages recently weighed in on MAR. Weiss Ratings reissued a "buy (b)" rating on shares of Marriott International in a research note on Friday, August 7th. TD Cowen upped their price objective on shares of Marriott International from $410.00 to $420.00 and gave the company a "buy" rating in a research note on Tuesday, July 21st. CICC Research started coverage on shares of Marriott International in a research report on Wednesday, August 12th. They set an "outperform" rating on the stock. Wells Fargo & Company cut their price target on Marriott International from $449.00 to $425.00 and set an "overweight" rating for the company in a report on Tuesday, August 4th. Finally, China Intl Cap raised Marriott International to a "strong-buy" rating in a research note on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, Marriott International presently has an average rating of "Moderate Buy" and an average price target of $385.65.

Marriott International Price Performance

NASDAQ MAR opened at $356.39 on Friday. The company has a market cap of $92.94 billion, a P/E ratio of 36.93, a P/E/G ratio of 2.76 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. The company has a 50-day moving average of $370.50 and a 200-day moving average of $357.82.

Marriott International (NASDAQ:MAR - Get Free Report) last released its earnings results on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts' expectations of $7.19 billion. During the same period last year, the company earned $2.65 earnings per share. 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, equities research analysts anticipate that Marriott International, Inc. will post 11.71 EPS for the current year.

Marriott International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, August 20th will be paid a dividend of $0.73 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.92 annualized dividend and a dividend yield of 0.8%. Marriott International's payout ratio is currently 30.26%.

About Marriott International

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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