Nykredit A S Makes New Investment in Marriott International, Inc. $MAR

Nykredit A S bought a new position in shares of Marriott International, Inc. (NASDAQ:MAR) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 106,473 shares of the company’s stock, valued at approximately $39,458,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MAR. Norges Bank purchased a new position in Marriott International during the 4th quarter worth approximately $812,570,000. World Investment Advisors boosted its holdings in shares of Marriott International by 130.8% in the fourth quarter. World Investment Advisors now owns 16,014 shares of the company’s stock valued at $4,968,000 after acquiring an additional 9,075 shares during the period. Jefferies Financial Group Inc. grew its position in shares of Marriott International by 183.7% during the fourth quarter. Jefferies Financial Group Inc. now owns 56,180 shares of the company’s stock worth $17,429,000 after acquiring an additional 36,380 shares during the last quarter. Dai ichi Life Insurance Company Ltd increased its holdings in shares of Marriott International by 37.7% in the 1st quarter. Dai ichi Life Insurance Company Ltd now owns 12,686 shares of the company’s stock valued at $4,149,000 after acquiring an additional 3,476 shares during the period. Finally, Hsbc Holdings PLC raised its position in Marriott International by 62.7% in the 4th quarter. Hsbc Holdings PLC now owns 640,350 shares of the company’s stock valued at $199,069,000 after purchasing an additional 246,681 shares during the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on MAR shares. 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 note on Tuesday, July 21st. CICC Research assumed coverage on shares of Marriott International in a research report on Wednesday, August 12th. They set an “outperform” rating for the company. TD Cowen raised Marriott International to a “strong-buy” rating in a research note on Tuesday, September 8th. Wells Fargo & Company dropped their price objective on Marriott International from $449.00 to $425.00 and set an “overweight” rating for the company in a research note on Tuesday, August 4th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Marriott International in a research note on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Marriott International presently has an average rating of “Moderate Buy” and a consensus price target of $385.88.

Marriott International Stock Performance

Shares of MAR stock opened at $338.92 on Friday. The stock has a market capitalization of $88.38 billion, a price-to-earnings ratio of 35.12, a PEG ratio of 2.52 and a beta of 1.11. The company’s 50-day simple moving average is $353.95 and its 200-day simple moving average is $357.38. Marriott International, Inc. has a one year low of $256.76 and a one year high of $410.98.

Marriott International (NASDAQ:MAR) last posted its earnings results on Monday, August 3rd. The company reported $3.19 EPS for the quarter, beating the consensus estimate of $3.08 by $0.11. The firm had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $7.19 billion. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.The firm’s revenue was up 4.8% compared to the same quarter last year. During the same period last year, the firm earned $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. As a group, research analysts forecast that Marriott International, Inc. will post 11.69 EPS for the current year.

Marriott International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders 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 dividend on an annualized basis and a yield of 0.9%. Marriott International’s dividend payout ratio is currently 30.26%.

About Marriott International

Marriott International, Inc is a global hospitality company that operates, franchises, licenses and manages hotels, resorts and other lodging properties. Its portfolio includes full-service, luxury, select-service and extended-stay accommodations, as well as branded residences, timeshare properties and vacation experiences. Marriott also provides food and beverage, meeting and event services through many of its properties.

The company’s brands include Marriott Hotels, The Ritz-Carlton, St.