Marriott International (NASDAQ:MAR) Stock Gets Price Target Boost from Wells Fargo & Company

Marriott International (NASDAQ:MAR – Get Free Report) had its target price lifted by analysts at Wells Fargo & Company from $425.00 to $426.00 in a report issued on Monday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Wells Fargo & Company‘s price target would suggest a potential upside of 8.83% from the company’s current price.

A number of other brokerages have also recently commented on MAR. Argus dropped 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 note on Friday, August 14th. CICC Research started coverage on Marriott International in a research note on Wednesday, August 12th. They set an “outperform” rating and a $410.00 price target for the company. Mizuho reduced their target price on shares of Marriott International from $384.00 to $374.00 and set a “neutral” rating on the stock in a report on Tuesday, August 4th. UBS Group decreased their price target on 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, Erste Group Bank started coverage on shares of Marriott International in a research note on Thursday, August 27th. They set a “buy” rating for the company. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Marriott International presently has a consensus rating of “Moderate Buy” and a consensus target price of $381.91.

Check Out Our Latest Report on Marriott International

Marriott International Stock Performance

NASDAQ MAR traded up $3.40 on Monday, hitting $391.45. 225,861 shares of the stock traded hands, compared to its average volume of 1,550,641. The business’s fifty day moving average is $351.62 and its two-hundred day moving average is $362.68. Marriott International has a 12 month low of $256.76 and a 12 month high of $410.98. The firm has a market capitalization of $102.08 billion, a price-to-earnings ratio of 40.56, a PEG ratio of 2.92 and a beta of 1.17.

Marriott International (NASDAQ:MAR – Get Free Report) last issued its earnings results 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. The firm had revenue of $2.01 billion for the quarter, compared to analyst estimates of $7.19 billion. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%. The business’s revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the company posted $2.65 earnings per share. 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 expect that Marriott International will post 11.70 EPS for the current fiscal year.

Insider Transactions at Marriott International

In other news, insider Deborah Harrison sold 3,500 shares of Marriott International stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $352.09, for a total value of $1,232,315.00. Following the completion of the transaction, the insider owned 282,383 shares of the company’s stock, valued at $99,424,230.47. The trade was a 1.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider David S. Marriott sold 3,500 shares of the company’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 completion of the transaction, the insider owned 282,383 shares in the company, valued at approximately $99,424,230.47. This represents a 1.22% decrease in their position. The disclosure for this sale is available in the SEC filing. 11.43% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Evelyn Partners Investment Management Services Ltd bought a new position in shares of Marriott International in the 1st quarter valued at about $25,000. Wilkerson Advisory Group LLC increased its stake 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. IMG Wealth Management Inc. increased its stake in Marriott International by 100.0% in the 1st quarter. IMG Wealth Management Inc. now owns 82 shares of the company’s stock worth $27,000 after buying an additional 41 shares during the period. Scarborough Advisors LLC bought a new stake in shares of Marriott International during the first quarter valued at approximately $32,000. Finally, Meeder Asset Management Inc. raised its position in Marriott International by 57.6% during the 1st quarter. Meeder Asset Management Inc. now owns 104 shares of the company’s stock valued at $34,000 after purchasing an additional 38 shares in the last quarter. 70.70% of the stock is owned by institutional investors.

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.

Further Reading

Analyst Recommendations for Marriott International (NASDAQ:MAR)

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