Wells Fargo & Company Issues Positive Forecast for Marriott International (NASDAQ:MAR) Stock Price

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

Several other equities analysts also recently weighed in on MAR. The Goldman Sachs Group cut their price target on shares of Marriott International from $405.00 to $400.00 and set a “buy” rating on the stock in a report on Tuesday, August 4th. Stifel Nicolaus lowered their price target on shares of Marriott International from $365.00 to $343.00 and set a “hold” rating on the stock in a report on Monday, August 3rd. Robert W. Baird dropped their price objective on Marriott International from $394.00 to $393.00 and set a “neutral” rating on the stock in a report on Tuesday, August 4th. UBS Group cut their target price on shares of Marriott International from $412.00 to $395.00 and set a “neutral” rating for the company in a research note on Thursday, August 20th. Finally, Erste Group Bank started coverage on 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 issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $381.91.

Check Out Our Latest Report on Marriott International

Marriott International Stock Up 0.9%

Shares of Marriott International stock traded up $3.40 during trading on Monday, reaching $391.45. The company’s stock had a trading volume of 225,861 shares, compared to its average volume of 1,550,641. The company has a market cap of $102.08 billion, a price-to-earnings ratio of 40.56, a P/E/G ratio of 2.92 and a beta of 1.17. The company has a 50-day simple moving average of $351.62 and a two-hundred day simple moving average of $362.68. Marriott International has a 1-year low of $256.76 and a 1-year high of $410.98.

Marriott International (NASDAQ:MAR – Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The company reported $3.19 earnings per share for the quarter, topping analysts’ consensus estimates of $3.08 by $0.11. The business 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 company’s revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $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. As a group, analysts anticipate that Marriott International will post 11.70 earnings per share for the current year.

Insider Buying and Selling

In other Marriott International news, insider Deborah Harrison sold 3,500 shares of the company’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 transaction, the insider owned 282,383 shares of the company’s stock, valued at $99,424,230.47. This represents a 1.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 11.43% of the stock is owned by company insiders.

Hedge Funds Weigh In On Marriott International

Institutional investors have recently bought and sold shares of the company. Kintegral Advisory LLC boosted its stake in shares of Marriott International by 0.6% in the third quarter. Kintegral Advisory LLC now owns 4,731 shares of the company’s stock valued at $1,683,000 after purchasing an additional 26 shares during the period. World Equity Group Inc. increased its stake in Marriott International by 2.0% during the 2nd quarter. World Equity Group Inc. now owns 1,437 shares of the company’s stock worth $533,000 after buying an additional 28 shares during the period. Haven Capital Group Inc. lifted its holdings in Marriott International by 0.3% during the 1st 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 in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of Marriott International by 1.2% in 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 acquiring an additional 30 shares in the last quarter. Finally, Paragon Private Wealth Management LLC boosted its stake in shares of Marriott International by 4.4% in the 1st quarter. Paragon Private Wealth Management LLC now owns 743 shares of the company’s stock valued at $243,000 after buying an additional 31 shares during the period. 70.70% of the stock is owned by institutional investors and hedge funds.

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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