Marriott International (NASDAQ:MAR) Price Target Raised to $380.00

Marriott International (NASDAQ:MAR) had its price objective hoisted by Morgan Stanley from $353.00 to $380.00 in a report published on Friday morning,Benzinga reports. They currently have an overweight rating on the stock.

A number of other brokerages also recently commented on MAR. Susquehanna upped their price objective on Marriott International from $280.00 to $385.00 and gave the stock a “neutral” rating in a research note on Thursday, April 23rd. Mizuho boosted their price target on shares of Marriott International from $343.00 to $384.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Stifel Nicolaus upped their price target on shares of Marriott International from $352.00 to $365.00 and gave the stock a “hold” rating in a research report on Friday. Truist Financial lifted their price objective on shares of Marriott International from $350.00 to $356.00 and gave the company a “hold” rating in a research report on Tuesday, May 26th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Marriott International from $356.00 to $383.00 and gave the company a “neutral” rating in a research note on Tuesday, April 21st. Eight equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $385.38.

Marriott International Price Performance

Shares of NASDAQ MAR opened at $366.24 on Friday. The firm’s 50-day moving average price is $376.48 and its two-hundred day moving average price is $350.45. Marriott International has a 52-week low of $253.76 and a 52-week high of $410.98. The stock has a market capitalization of $96.57 billion, a P/E ratio of 38.43, a P/E/G ratio of 2.91 and a beta of 1.11.

Marriott International (NASDAQ:MAR) last posted its earnings results on Wednesday, May 6th. The company reported $2.72 EPS for the quarter, beating the consensus estimate of $2.56 by $0.16. The company had revenue of $1.81 billion during the quarter, compared to analyst estimates of $6.59 billion. Marriott International had a negative return on equity of 80.97% and a net margin of 9.72%.The business’s revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the company earned $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. As a group, equities research analysts expect that Marriott International will post 11.64 earnings per share for the current year.

Marriott International Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd were paid a $0.73 dividend. The ex-dividend date of this dividend was Friday, May 22nd. This is a positive change from Marriott International’s previous quarterly dividend of $0.67. This represents a $2.92 annualized dividend and a dividend yield of 0.8%. Marriott International’s dividend payout ratio (DPR) is currently 30.64%.

Insider Activity at Marriott International

In related 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 transaction of $1,084,680.00. Following the sale, the executive vice president directly owned 19,827 shares in the company, valued at $7,168,650.12. The trade was a 13.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 11.43% of the company’s stock.

Hedge Funds Weigh In On Marriott International

Several large investors have recently bought and sold shares of MAR. Evelyn Partners Investment Management Services Ltd bought a new position in shares of Marriott International in the first quarter valued at approximately $25,000. IMG Wealth Management Inc. raised its holdings 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 purchasing an additional 41 shares in the last quarter. Wilkerson Advisory Group LLC lifted its position in Marriott International by 127.0% in the first quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock worth $27,000 after purchasing an additional 47 shares during the period. Kemnay Advisory Services Inc. acquired a new stake in Marriott International in the fourth quarter worth approximately $27,000. Finally, McMillan Office Inc. bought a new position in Marriott International during the 4th quarter valued at $27,000. Institutional investors and hedge funds own 70.70% of the company’s stock.

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.