83,329 Shares in Marriott International, Inc. $MAR Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio purchased a new position in shares of Marriott International, Inc. (NASDAQ:MAR) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 83,329 shares of the company’s stock, valued at approximately $30,881,000.

Several other large investors have also recently added to or reduced their stakes in the business. Philadelphia Investment Partners LLC acquired a new position in shares of Marriott International during the 2nd quarter valued at about $95,000. Port Capital LLC grew its holdings in Marriott International by 6.9% in the second quarter. Port Capital LLC now owns 3,052 shares of the company’s stock valued at $1,131,000 after purchasing an additional 196 shares during the period. Caisse de depot et placement du Quebec acquired a new position in Marriott International during the second quarter worth approximately $16,186,000. Man Group plc purchased a new stake in shares of Marriott International during the 2nd quarter valued at $7,135,000. Finally, Western Wealth Management LLC raised its position in shares of Marriott International by 38.4% in the 2nd quarter. Western Wealth Management LLC now owns 2,383 shares of the company’s stock worth $883,000 after buying an additional 661 shares during the period. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

Marriott International Price Performance

Marriott International stock opened at $351.08 on Friday. Marriott International, Inc. has a 12-month low of $256.76 and a 12-month high of $410.98. The company has a market capitalization of $91.55 billion, a price-to-earnings ratio of 36.38, a price-to-earnings-growth ratio of 2.75 and a beta of 1.10. The firm’s fifty day moving average price is $366.40 and its 200 day moving average price is $358.94.

Marriott International (NASDAQ:MAR) last announced its earnings results on Monday, August 3rd. The company reported $3.19 earnings per share for the quarter, beating 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 company had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $7.19 billion. During the same period last year, the firm earned $2.65 earnings per share. 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. Analysts forecast that Marriott International, Inc. will post 11.7 earnings per share 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 given 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 dividend yield of 0.8%. Marriott International’s dividend payout ratio (DPR) is presently 30.26%.

Wall Street Analyst Weigh In

Several brokerages have commented on MAR. Robert W. Baird dropped their price target 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 raised shares of Marriott International to a “strong-buy” rating in a research report on Wednesday, August 12th. Sanford C. Bernstein set a $412.00 price target on shares of Marriott International in a research report on Monday, June 15th. UBS Group cut their target price 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, Barclays decreased their price target on shares of Marriott International from $379.00 to $348.00 and set an “equal weight” rating for the company in a research report on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, Marriott International has a consensus rating of “Moderate Buy” and an average price target of $385.65.

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.