Marriott International (NASDAQ:MAR) Price Target Raised to $363.00

Marriott International (NASDAQ:MAR – Free Report) had its price target lifted by Barclays from $348.00 to $363.00 in a research note issued to investors on Friday,Benzinga reports. They currently have an equal weight rating on the stock.

A number of other brokerages have also issued reports on MAR. Weiss Ratings reiterated a “buy (b)” rating on shares of Marriott International in a research note on Friday, August 7th. Argus reduced their price target on shares of Marriott International from $445.00 to $425.00 and set a “buy” rating on the stock in a research report on Friday, August 14th. Wolfe Research began coverage on shares of Marriott International in a research note on Wednesday, September 2nd. They issued a “hold” rating for the company. Morgan Stanley lifted their price objective on shares of Marriott International from $380.00 to $384.00 and gave the company an “overweight” rating in a report on Monday, October 12th. Finally, China Intl Cap raised shares of Marriott International to a “strong-buy” rating in a research note on Wednesday, August 12th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Marriott International currently has an average rating of “Moderate Buy” and a consensus target price of $381.87.

View Our Latest Research Report on MAR

Marriott International Price Performance

MAR opened at $388.05 on Friday. Marriott International has a 52 week low of $256.76 and a 52 week high of $410.98. The business has a fifty day simple moving average of $351.62 and a 200-day simple moving average of $362.68. The firm has a market cap of $101.19 billion, a P/E ratio of 40.21, a P/E/G ratio of 2.92 and a beta of 1.17.

Marriott International (NASDAQ:MAR – Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) 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 firm had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $7.19 billion. During the same quarter in the previous year, the business earned $2.65 EPS. The company’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. Sell-side analysts expect that Marriott International will post 11.70 earnings per share for the current year.

Marriott International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, August 20th were paid a dividend of $0.73 per share. The ex-dividend date was Thursday, August 20th. This represents a $2.92 annualized dividend and a yield of 0.8%. Marriott International’s payout ratio is presently 30.26%.

Insider Buying and Selling

In other Marriott International news, insider David Marriott sold 3,500 shares of the stock in a transaction that occurred on Friday, September 25th. The shares were sold at an average price of $352.09, for a total value of $1,232,315.00. Following the transaction, the insider directly owned 282,383 shares in the company, valued at $99,424,230.47. This represents a 1.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Deborah Harrison sold 3,500 shares of the firm’s stock in a transaction that occurred on Friday, September 25th. The stock was sold at an average price of $352.09, for a total transaction of $1,232,315.00. Following the sale, the insider directly owned 282,383 shares in the company, valued at approximately $99,424,230.47. The trade was a 1.22% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 11.43% of the company’s stock.

Institutional Investors Weigh In On Marriott International

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Diamant Asset Management Inc. raised its stake in shares of Marriott International by 32,607.0% during the 1st quarter. Diamant Asset Management Inc. now owns 490,605 shares of the company’s stock worth $16,046,000 after buying an additional 489,105 shares during the last quarter. State Street Corp boosted its position in shares of Marriott International by 2.9% in the 2nd quarter. State Street Corp now owns 9,644,773 shares of the company’s stock worth $3,574,256,000 after buying an additional 272,044 shares in the last quarter. Hsbc Holdings PLC grew its stake 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 acquiring an additional 246,681 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in Marriott International by 309.9% in the 1st quarter. Assenagon Asset Management S.A. now owns 307,658 shares of the company’s stock valued at $100,626,000 after acquiring an additional 232,598 shares during the last quarter. Finally, Jupiter Topco LLC purchased a new position in Marriott International during the 2nd quarter valued at about $81,872,000. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Marriott International

Here are the key news stories impacting Marriott International this week:

About Marriott International

(Get Free Report)

Marriott International, Inc is a global hospitality company that develops, franchises, licenses and manages hotels, resorts, residences and other lodging properties. Its portfolio includes brands such as Marriott Hotels, Sheraton, Westin, W Hotels, The Ritz-Carlton, St. Regis, JW Marriott, Courtyard, Fairfield by Marriott, Residence Inn and Element. The company also operates Marriott Bonvoy, a travel loyalty program that provides members with benefits and rewards across participating properties and travel experiences.

Marriott traces its origins to 1927, when J.

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Analyst Recommendations for Marriott International (NASDAQ:MAR)

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