Canada Pension Plan Investment Board Increases Position in Marriott International, Inc. $MAR

Canada Pension Plan Investment Board lifted its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 2,112.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 105,783 shares of the company’s stock after acquiring an additional 101,001 shares during the quarter. Canada Pension Plan Investment Board’s holdings in Marriott International were worth $39,202,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank bought a new stake in Marriott International in the fourth quarter worth about $812,570,000. World Investment Advisors increased its stake in shares of Marriott International by 130.8% during the 4th quarter. World Investment Advisors now owns 16,014 shares of the company’s stock worth $4,968,000 after purchasing an additional 9,075 shares during the last quarter. Jefferies Financial Group Inc. increased its stake in shares of Marriott International by 183.7% during the 4th quarter. Jefferies Financial Group Inc. now owns 56,180 shares of the company’s stock worth $17,429,000 after purchasing an additional 36,380 shares during the last quarter. Dai ichi Life Insurance Company Ltd raised 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 worth $4,149,000 after purchasing an additional 3,476 shares during the period. Finally, Hsbc Holdings PLC lifted its stake in Marriott International by 62.7% in the fourth 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.

Marriott International Price Performance

Shares of MAR stock opened at $353.87 on Friday. The stock has a market capitalization of $92.28 billion, a price-to-earnings ratio of 36.67, a PEG ratio of 2.78 and a beta of 1.10. The company’s fifty day simple moving average is $367.30 and its two-hundred day simple moving average is $358.99. Marriott International, Inc. has a 1 year low of $256.76 and a 1 year high of $410.98.

Marriott International (NASDAQ:MAR) last announced its quarterly 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 analysts’ expectations of $7.19 billion. During the same period in the previous year, the business earned $2.65 earnings per share. The firm’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 research analysts anticipate that Marriott International, Inc. will post 11.7 EPS for the current year.

Marriott International Announces Dividend

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 is Thursday, August 20th. This represents a $2.92 annualized dividend and a dividend yield of 0.8%. Marriott International’s dividend payout ratio is currently 30.26%.

Analyst Upgrades and Downgrades

MAR has been the subject of a number of recent research reports. Wells Fargo & Company decreased their target price 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. Erste Group Bank initiated coverage on Marriott International in a research note on Thursday. They set a “buy” rating for the company. TD Cowen lifted their price objective on Marriott International from $410.00 to $420.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. JPMorgan Chase & Co. boosted their price objective on Marriott International from $387.00 to $400.00 and gave the company a “neutral” rating in a research note on Tuesday, July 21st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Marriott International in a research report on Friday, August 7th. One investment 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. According to data from MarketBeat.com, Marriott International has an average rating of “Moderate Buy” and an average target price of $385.65.

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.