Hsbc Holdings PLC Has $174.31 Million Holdings in Marriott International, Inc. $MAR

Hsbc Holdings PLC increased its holdings in shares of Marriott International, Inc. (NASDAQ:MARFree Report) by 15.3% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 470,593 shares of the company’s stock after acquiring an additional 62,529 shares during the period. Hsbc Holdings PLC’s holdings in Marriott International were worth $174,311,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Invesco Ltd. boosted 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 valued at $1,377,577,000 after buying an additional 118,504 shares during the last quarter. Capital International Investors grew its position in shares of Marriott International by 7.1% in the 4th quarter. Capital International Investors now owns 4,107,531 shares of the company’s stock valued at $1,274,475,000 after acquiring an additional 272,250 shares during the period. Norges Bank bought a new stake in shares of Marriott International in the 4th quarter valued at about $812,570,000. Price T Rowe Associates Inc. MD grew its holdings in Marriott International by 13.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,879,028 shares of the company’s stock worth $582,952,000 after purchasing 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 fourth quarter. Charles Schwab Investment Management Inc. now owns 1,619,423 shares of the company’s stock worth $502,410,000 after buying an additional 19,387 shares during the last quarter. 70.70% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on MAR shares. Robert W. Baird reduced their target price on Marriott International from $394.00 to $393.00 and set a “neutral” rating for the company in a research note on Tuesday, August 4th. China Intl Cap upgraded shares of Marriott International to a “strong-buy” rating in a report on Wednesday, August 12th. Stifel Nicolaus raised their target price on shares of Marriott International from $352.00 to $365.00 and gave the stock a “hold” rating in a research note on Friday, July 17th. UBS Group decreased their price target on shares of Marriott International from $412.00 to $395.00 and set a “neutral” rating on the stock in a research note on Thursday, August 20th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Marriott International in a research report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $385.65.

View Our Latest Stock Report on MAR

Marriott International Stock Performance

Shares of MAR stock opened at $336.51 on Monday. The stock has a 50 day simple moving average of $361.82 and a 200 day simple moving average of $358.44. Marriott International, Inc. has a 1 year low of $256.76 and a 1 year high of $410.98. The stock has a market cap of $87.75 billion, a P/E ratio of 34.87, a price-to-earnings-growth ratio of 2.54 and a beta of 1.11.

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

Marriott International Announces Dividend

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

About Marriott International

(Free Report)

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.

Read More

Want to see what other hedge funds are holding MAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marriott International, Inc. (NASDAQ:MARFree Report).

Institutional Ownership by Quarter for Marriott International (NASDAQ:MAR)

Receive News & Ratings for Marriott International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marriott International and related companies with MarketBeat.com's FREE daily email newsletter.