Marriott International (NASDAQ:MAR) Price Target Raised to $403.00

Marriott International (NASDAQ:MAR) had its price target boosted by Morgan Stanley from $384.00 to $403.00 in a research report report published on Thursday,Benzinga reports. They currently have an overweight rating on the stock.

A number of other brokerages have also recently commented on MAR. The Goldman Sachs Group dropped their price objective on shares of Marriott International from $405.00 to $400.00 and set a “buy” rating on the stock in a research note on Tuesday, August 4th. Wolfe Research assumed coverage on shares of Marriott International in a research note on Wednesday, September 2nd. They issued a “hold” rating for the company. Weiss Ratings reissued a “buy (b)” rating on shares of Marriott International in a report on Friday, August 7th. Stifel Nicolaus dropped their price target on shares of Marriott International from $365.00 to $343.00 and set a “hold” rating on the stock in a research report on Monday, August 3rd. Finally, Freedom Broker began coverage on shares of Marriott International in a report on Wednesday, October 14th. They issued a “buy” rating and a $408.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, eleven have issued a Hold rating and one has assigned 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 $383.52.

Marriott International Stock Down 1.5%

Shares of MAR stock opened at $390.71 on Thursday. The stock has a market cap of $101.89 billion, a PE ratio of 40.49, a price-to-earnings-growth ratio of 2.94 and a beta of 1.17. The business has a 50-day simple moving average of $355.97 and a 200-day simple moving average of $364.72. Marriott International has a 52-week low of $256.76 and a 52-week high of $410.98.

Marriott International (NASDAQ:MAR) last issued its earnings results on Monday, August 3rd. The company reported $3.19 EPS for the quarter, topping analysts’ consensus estimates of $3.08 by $0.11. The firm had revenue of $2.01 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the prior year, the business 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. Sell-side analysts anticipate that Marriott International will post 11.72 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, August 20th were paid a $0.73 dividend. The ex-dividend date of this dividend was Thursday, August 20th. This represents a $2.92 dividend on an annualized basis and a yield of 0.7%. Marriott International’s dividend payout ratio (DPR) is currently 30.26%.

Insider Buying and Selling at Marriott International

In related news, insider David Marriott sold 3,500 shares of the business’s stock in a transaction 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 completion of the sale, the insider owned 282,383 shares of the company’s stock, valued at approximately $99,424,230.47. The trade was a 1.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Deborah Harrison sold 3,500 shares of Marriott International stock in a transaction dated 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 in the company, valued at approximately $99,424,230.47. This trade represents a 1.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 11.43% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Marriott International

Several large investors have recently bought and sold shares of the company. Apollon Wealth Management LLC raised its position in shares of Marriott International by 23.8% during the 3rd quarter. Apollon Wealth Management LLC now owns 9,903 shares of the company’s stock worth $3,522,000 after acquiring an additional 1,905 shares in the last quarter. Kingswood Wealth Advisors LLC lifted its stake in Marriott International by 11.0% during the third quarter. Kingswood Wealth Advisors LLC now owns 1,719 shares of the company’s stock worth $611,000 after purchasing an additional 170 shares during the last quarter. Valley National Advisers Inc. boosted its holdings in Marriott International by 4,398.1% in the third quarter. Valley National Advisers Inc. now owns 7,017 shares of the company’s stock valued at $2,496,000 after purchasing an additional 6,861 shares in the last quarter. Signaturefd LLC increased its stake in Marriott International by 4.6% in the third quarter. Signaturefd LLC now owns 6,122 shares of the company’s stock valued at $2,178,000 after purchasing an additional 267 shares during the last quarter. Finally, Citizens Financial Group Inc. RI increased its stake in Marriott International by 2.6% in the third quarter. Citizens Financial Group Inc. RI now owns 42,929 shares of the company’s stock valued at $15,269,000 after purchasing an additional 1,071 shares during the last quarter. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

Marriott International Company Profile

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.