Marriott International, Inc. $MAR Shares Sold by Corient Private Wealth LP

Corient Private Wealth LP lessened its stake in Marriott International, Inc. (NASDAQ:MAR) by 2.7% in the 2nd quarter, Holdings Channel.com reports. The firm owned 203,194 shares of the company’s stock after selling 5,744 shares during the period. Corient Private Wealth LP’s holdings in Marriott International were worth $75,302,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Frederick Financial Consultants LLC grew its holdings in Marriott International by 0.8% in the 4th quarter. Frederick Financial Consultants LLC now owns 3,531 shares of the company’s stock valued at $1,095,000 after buying an additional 28 shares in the last quarter. World Equity Group Inc. raised its holdings in shares of Marriott International by 2.0% during 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. boosted its position 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 valued at $3,292,000 after acquiring an additional 30 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in shares of Marriott International by 1.2% in 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 increased its position in Marriott International by 4.4% during the first quarter. Paragon Private Wealth Management LLC now owns 743 shares of the company’s stock worth $243,000 after purchasing an additional 31 shares during the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Wells Fargo & Company decreased their target price on shares of Marriott International from $449.00 to $425.00 and set an “overweight” rating on the stock in a report on Tuesday, August 4th. CICC Research initiated coverage on shares of Marriott International in a research report on Wednesday, August 12th. They set an “outperform” rating on the stock. BMO Capital Markets decreased their price objective on Marriott International from $410.00 to $395.00 and set an “outperform” rating on the stock in a report on Tuesday, August 4th. Truist Financial increased their price objective on Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a research report on Tuesday, May 26th. Finally, China Intl Cap upgraded Marriott International to a “strong-buy” rating in a research report on Wednesday, August 12th. One equities research 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 company. According to MarketBeat, Marriott International currently has an average rating of “Moderate Buy” and a consensus target price of $385.65.

Marriott International Stock Performance

Marriott International stock opened at $358.67 on Thursday. The company’s 50 day simple moving average is $368.15 and its 200-day simple moving average is $358.85. Marriott International, Inc. has a 1 year low of $256.76 and a 1 year high of $410.98. The company has a market capitalization of $93.53 billion, a price-to-earnings ratio of 37.17, a price-to-earnings-growth ratio of 2.77 and a beta of 1.10.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings data on Monday, August 3rd. The company reported $3.19 earnings per share for the quarter, topping analysts’ consensus estimates of $3.08 by $0.11. The firm had revenue of $2.01 billion during the quarter, compared to analysts’ expectations 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 quarter last year, the company 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. Equities analysts expect that Marriott International, Inc. will post 11.71 earnings per share for the current year.

Marriott International Dividend Announcement

The company 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 $0.73 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. Marriott International’s payout ratio 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.