Man Group plc Invests $7.13 Million in Marriott International, Inc. $MAR

Man Group plc bought a new stake in Marriott International, Inc. (NASDAQ:MAR) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 19,253 shares of the company’s stock, valued at approximately $7,135,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MAR. Brighton Jones LLC lifted its holdings in Marriott International by 2.5% in the fourth quarter. Brighton Jones LLC now owns 8,887 shares of the company’s stock valued at $2,479,000 after acquiring an additional 218 shares during the last quarter. Empowered Funds LLC raised its position in Marriott International by 39.1% in the first quarter. Empowered Funds LLC now owns 5,805 shares of the company’s stock valued at $1,383,000 after purchasing an additional 1,631 shares during the period. Woodline Partners LP lifted its stake in shares of Marriott International by 39.6% in the 1st quarter. Woodline Partners LP now owns 19,332 shares of the company’s stock valued at $4,605,000 after purchasing an additional 5,480 shares during the last quarter. Intech Investment Management LLC grew its holdings in shares of Marriott International by 21.8% during the 1st quarter. Intech Investment Management LLC now owns 6,035 shares of the company’s stock worth $1,438,000 after purchasing an additional 1,079 shares during the period. Finally, Sei Investments Co. increased its position in shares of Marriott International by 3.8% during the 2nd quarter. Sei Investments Co. now owns 137,329 shares of the company’s stock worth $37,520,000 after purchasing an additional 5,007 shares during the last quarter. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Marriott International Stock Down 0.8%

Shares of MAR opened at $351.08 on Friday. 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, Inc. has a 52-week low of $256.76 and a 52-week high of $410.98. The stock has a 50 day moving average price of $366.40 and a 200 day moving average price of $358.94.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data 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. The company had revenue of $2.01 billion for the quarter, compared to analyst estimates of $7.19 billion. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.The business’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the company 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. On average, equities analysts anticipate that Marriott International, Inc. will post 11.7 EPS for the current fiscal year.

Marriott International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, August 20th will be paid a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, August 20th. Marriott International’s dividend payout ratio (DPR) is 30.26%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on MAR shares. CICC Research initiated coverage on shares of Marriott International in a research report on Wednesday, August 12th. They issued an “outperform” rating on the stock. Barclays decreased their price objective on shares of Marriott International from $379.00 to $348.00 and set an “equal weight” rating on the stock in a report on Tuesday, August 4th. UBS Group dropped their target price on shares of Marriott International from $412.00 to $395.00 and set a “neutral” rating for the company in a report on Thursday, August 20th. Truist Financial upped their price target on Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a research note on Tuesday, May 26th. Finally, JPMorgan Chase & Co. boosted their price objective on Marriott International from $387.00 to $400.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, Marriott International presently has a consensus rating of “Moderate Buy” and an average price target of $385.65.

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.