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

Nissay Asset Management Corp Japan lifted its holdings in Marriott International, Inc. (NASDAQ:MAR) by 13.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 124,311 shares of the company’s stock after buying an additional 14,287 shares during the quarter. Nissay Asset Management Corp Japan’s holdings in Marriott International were worth $46,068,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. CICC Research initiated coverage on shares of Marriott International in a research report on Wednesday, August 12th. They set an “outperform” rating for the company. Sanford C. Bernstein set a $412.00 price target on Marriott International in a report on Monday, June 15th. Erste Group Bank started coverage on Marriott International in a report on Thursday. They set a “buy” rating for the company. Mizuho decreased their target price on Marriott International from $384.00 to $374.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 4th. Finally, Wells Fargo & Company dropped their price target on Marriott International from $449.00 to $425.00 and set an “overweight” 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 assigned a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $385.65.

Marriott International Price Performance

Shares of NASDAQ MAR opened at $351.08 on Friday. The firm’s 50-day moving average is $366.40 and its two-hundred day moving average is $358.94. The company has a market capitalization of $91.55 billion, a PE ratio of 36.38, a price-to-earnings-growth ratio of 2.75 and a beta of 1.10. Marriott International, Inc. has a 12-month low of $256.76 and a 12-month high of $410.98.

Marriott International (NASDAQ:MAR) last issued 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. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The business had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $7.19 billion. During the same period last year, the company posted $2.65 EPS. The company’s revenue was up 4.8% on a year-over-year basis. 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, analysts forecast that Marriott International, Inc. will post 11.7 EPS for the current fiscal year.

Marriott International Dividend Announcement

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

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.