Marriott International (NASDAQ:MAR) Stock Picked Up by Analysts at Freedom Broker

Equities researchers at Freedom Broker started coverage on shares of Marriott International (NASDAQ:MAR) in a note issued to investors on Wednesday, Benzinga reports. The firm set a “buy” rating and a $408.00 price target on the stock. Freedom Broker’s price objective would indicate a potential upside of 9.75% from the stock’s previous close.

Other equities analysts have also issued research reports about the stock. Argus dropped their target price on shares of Marriott International from $445.00 to $425.00 and set a “buy” rating for the company in a research report on Friday, August 14th. Wells Fargo & Company dropped their price target 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. Barclays decreased their price target on Marriott International from $379.00 to $348.00 and set an “equal weight” rating on the stock in a report on Tuesday, August 4th. TD Cowen raised shares of Marriott International to a “strong-buy” rating in a research note on Tuesday, September 8th. Finally, Erste Group Bank started coverage on shares of Marriott International in a research note on Thursday, August 27th. They issued a “buy” rating for the company. Two 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 given a Sell rating to the stock. According to data from MarketBeat.com, Marriott International currently has an average rating of “Moderate Buy” and an average target price of $381.22.

Marriott International Stock Up 0.1%

NASDAQ:MAR traded up $0.26 on Wednesday, hitting $371.76. The stock had a trading volume of 695,070 shares, compared to its average volume of 1,550,287. The business’s 50-day simple moving average is $350.20 and its two-hundred day simple moving average is $361.39. Marriott International has a 52-week low of $256.76 and a 52-week high of $410.98. The stock has a market cap of $96.94 billion, a price-to-earnings ratio of 38.49, a price-to-earnings-growth ratio of 2.79 and a beta of 1.17.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.08 by $0.11. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The firm had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $7.19 billion. During the same quarter in the previous year, the firm posted $2.65 EPS. The company’s revenue for the quarter 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. As a group, equities research analysts anticipate that Marriott International will post 11.69 EPS for the current year.

Insider Activity

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

Hedge Funds Weigh In On Marriott International

Several hedge funds have recently made changes to their positions in the company. State Street Corp boosted its holdings in Marriott International by 2.9% in the second quarter. State Street Corp now owns 9,644,773 shares of the company’s stock valued at $3,574,256,000 after purchasing an additional 272,044 shares during the last quarter. Invesco Ltd. increased its holdings in Marriott International by 2.7% in the fourth quarter. Invesco Ltd. now owns 4,440,359 shares of the company’s stock valued at $1,377,577,000 after buying an additional 118,504 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Marriott International by 0.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 727,472 shares of the company’s stock worth $237,893,000 after acquiring an additional 5,530 shares in the last quarter. Swiss National Bank grew its position in shares of Marriott International by 5.9% during the 1st quarter. Swiss National Bank now owns 669,398 shares of the company’s stock valued at $218,940,000 after acquiring an additional 37,080 shares during the period. Finally, Hsbc Holdings PLC boosted its position in Marriott International by 62.7% during the fourth quarter. Hsbc Holdings PLC now owns 640,350 shares of the company’s stock worth $199,069,000 after purchasing an additional 246,681 shares in the last quarter. 70.70% of the stock is owned by institutional investors and hedge funds.

About Marriott International

Marriott International, Inc (NASDAQ: MAR) is a global hospitality company that operates, franchises, licenses and manages hotels, resorts, residences and other lodging properties. Its portfolio serves business and leisure travelers across a range of price points, from luxury and premium accommodations to select-service and extended-stay properties.

The company’s brands include The Ritz-Carlton, St. Regis, JW Marriott, W Hotels, The Luxury Collection, EDITION, Marriott Hotels, Sheraton, Westin, Renaissance, Courtyard, Residence Inn, Fairfield by Marriott, SpringHill Suites, AC Hotels, Aloft, Moxy and Element.