Nissay Asset Management Corp Japan Increases Holdings in Marriott International, Inc. $MAR

Nissay Asset Management Corp Japan grew its holdings in Marriott International, Inc. (NASDAQ:MAR) by 13.0% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 124,311 shares of the company’s stock after acquiring an additional 14,287 shares during the quarter. Nissay Asset Management Corp Japan’s holdings in Marriott International were worth $46,068,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Evelyn Partners Investment Management Services Ltd acquired a new position in shares of Marriott International in the 1st quarter valued at $25,000. McMillan Office Inc. acquired a new stake in Marriott International during the 4th quarter worth $27,000. Kemnay Advisory Services Inc. purchased a new stake in Marriott International in the fourth quarter valued at $27,000. Wilkerson Advisory Group LLC boosted its stake in Marriott International by 127.0% in the first quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock valued at $27,000 after acquiring an additional 47 shares in the last quarter. Finally, IMG Wealth Management Inc. grew its holdings in shares of Marriott International by 100.0% during the first quarter. IMG Wealth Management Inc. now owns 82 shares of the company’s stock worth $27,000 after purchasing an additional 41 shares during the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on MAR. UBS Group reduced their target price on Marriott International from $412.00 to $395.00 and set a “neutral” rating for the company in a report on Thursday, August 20th. Wells Fargo & Company cut their price target on Marriott International from $449.00 to $425.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 4th. Truist Financial increased their price objective on Marriott International from $350.00 to $356.00 and gave the company a “hold” rating in a report on Tuesday, May 26th. JPMorgan Chase & Co. raised their target price on shares of Marriott International from $387.00 to $400.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 21st. Finally, Robert W. Baird reduced their price target 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. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $385.65.

Marriott International Trading Down 0.8%

Marriott International stock opened at $351.08 on Friday. The stock has a market capitalization of $91.55 billion, a price-to-earnings ratio of 36.38, a PEG ratio of 2.75 and a beta of 1.10. The stock has a 50 day moving average of $366.40 and a two-hundred day moving average of $358.94. Marriott International, Inc. has a twelve month low of $256.76 and a twelve month high of $410.98.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Monday, August 3rd. The company reported $3.19 EPS for the quarter, topping the consensus estimate of $3.08 by $0.11. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.The business had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $7.19 billion. During the same quarter in the prior year, the business earned $2.65 earnings per share. The company’s quarterly revenue was up 4.8% compared to the same quarter last year. 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 predict that Marriott International, Inc. will post 11.7 earnings per share for the current year.

Marriott International Announces Dividend

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%.

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.