Wells Fargo & Company Forecasts Strong Price Appreciation for Marriott International (NASDAQ:MAR) Stock

Marriott International (NASDAQ:MAR) had its target price hoisted by research analysts at Wells Fargo & Company from $446.00 to $449.00 in a report released on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Wells Fargo & Company‘s price objective points to a potential upside of 20.15% from the company’s previous close.

A number of other equities research analysts have also recently commented on the company. Mizuho lifted their price objective on Marriott International from $343.00 to $384.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Sanford C. Bernstein set a $412.00 target price on Marriott International in a report on Monday, June 15th. Robert W. Baird decreased their target price on Marriott International from $388.00 to $386.00 and set a “neutral” rating for the company in a research note on Thursday, May 7th. Susquehanna raised their price target on Marriott International from $280.00 to $385.00 and gave the stock a “neutral” rating in a research report on Thursday, April 23rd. Finally, UBS Group boosted their price objective on Marriott International from $336.00 to $412.00 and gave the company a “neutral” rating in a research report on Monday, June 15th. Eight equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, Marriott International has an average rating of “Moderate Buy” and an average target price of $384.93.

Marriott International Stock Up 1.3%

NASDAQ:MAR traded up $4.63 during mid-day trading on Thursday, reaching $373.69. 108,890 shares of the company were exchanged, compared to its average volume of 1,554,825. Marriott International has a 12 month low of $253.76 and a 12 month high of $410.98. The company has a fifty day moving average of $375.83 and a 200 day moving average of $349.69. The stock has a market cap of $98.54 billion, a PE ratio of 39.26, a PEG ratio of 2.89 and a beta of 1.11.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share for the quarter, beating analysts’ consensus estimates of $2.56 by $0.16. The business had revenue of $1.81 billion during the quarter, compared to analyst estimates of $6.59 billion. Marriott International had a net margin of 9.72% and a negative return on equity of 80.97%. Marriott International’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter last year, the business posted $2.32 earnings per share. Marriott International has set its FY 2026 guidance at 11.380-11.630 EPS and its Q2 2026 guidance at 2.990-3.060 EPS. On average, equities research analysts anticipate that Marriott International will post 11.64 EPS for the current fiscal year.

Insider Buying and Selling

In other news, EVP Peggy Roe sold 3,000 shares of Marriott International stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $361.56, for a total value of $1,084,680.00. Following the completion of the transaction, the executive vice president owned 19,827 shares of the company’s stock, valued at $7,168,650.12. This trade represents a 13.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 11.43% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Marriott International

A number of hedge funds and other institutional investors have recently bought and sold shares of MAR. Frederick Financial Consultants LLC boosted its holdings in Marriott International by 0.8% in the fourth quarter. Frederick Financial Consultants LLC now owns 3,531 shares of the company’s stock worth $1,095,000 after acquiring an additional 28 shares in the last quarter. World Equity Group Inc. increased its position in shares of Marriott International by 2.0% during the second quarter. World Equity Group Inc. now owns 1,437 shares of the company’s stock valued at $533,000 after acquiring an additional 28 shares during the last quarter. Haven Capital Group Inc. increased its holdings in Marriott International by 0.3% during the first quarter. Haven Capital Group Inc. now owns 10,064 shares of the company’s stock worth $3,292,000 after buying an additional 30 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in Marriott International by 1.2% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,472 shares of the company’s stock valued at $808,000 after purchasing an additional 30 shares during the period. Finally, Transamerica Financial Advisors LLC increased its position in Marriott International by 34.8% in the fourth quarter. Transamerica Financial Advisors LLC now owns 120 shares of the company’s stock worth $37,000 after buying an additional 31 shares during the last quarter. Institutional investors own 70.70% of the company’s stock.

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.