Marriott International (NASDAQ:MAR) Earns Outperform Rating from Analysts at CICC Research

CICC Research assumed coverage on shares of Marriott International (NASDAQ:MAR) in a research note issued to investors on Wednesday morning,Benzinga reports. The brokerage issued an outperform rating on the stock.

Several other equities research analysts have also issued reports on MAR. BMO Capital Markets decreased their price target on shares of Marriott International from $410.00 to $395.00 and set an “outperform” rating for the company in a research note on Tuesday, August 4th. JPMorgan Chase & Co. upped their price target on shares of Marriott International from $387.00 to $400.00 and gave the company a “neutral” rating in a research note on Tuesday, July 21st. Stifel Nicolaus lifted their price target on Marriott International from $352.00 to $365.00 and gave the company a “hold” rating in a research report on Friday, July 17th. Barclays decreased their price target on shares of Marriott International from $379.00 to $348.00 and set an “equal weight” rating on the stock in a report on Tuesday, August 4th. Finally, Wells Fargo & Company cut their price objective on Marriott International from $449.00 to $425.00 and set an “overweight” rating for the company in a report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $386.65.

Marriott International Stock Performance

Shares of NASDAQ:MAR opened at $356.72 on Wednesday. The company has a fifty day moving average of $374.18 and a 200-day moving average of $356.36. Marriott International has a 52-week low of $256.76 and a 52-week high of $410.98. The company has a market capitalization of $93.02 billion, a PE ratio of 36.97, a price-to-earnings-growth ratio of 2.74 and a beta of 1.10.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings results on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $7.19 billion. During the same quarter in the previous year, the company earned $2.65 EPS. The company’s revenue for the quarter was up 4.8% on a year-over-year basis. 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. On average, equities analysts forecast that Marriott International will post 11.7 EPS for the current fiscal year.

Marriott International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, August 20th will be given a $0.73 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.92 dividend on an annualized basis and a yield of 0.8%. Marriott International’s payout ratio is 30.26%.

Insider Transactions at Marriott International

In other news, EVP Peggy Roe sold 3,000 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $361.56, for a total transaction of $1,084,680.00. Following the transaction, the executive vice president directly owned 19,827 shares of the company’s stock, valued at $7,168,650.12. This represents a 13.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 11.43% of the company’s stock.

Institutional Trading of Marriott International

Hedge funds and other institutional investors have recently modified their holdings of the company. Norges Bank bought a new stake in shares of Marriott International in the fourth quarter worth about $812,570,000. Diamant Asset Management Inc. grew its holdings in Marriott International by 32,607.0% during the 1st quarter. Diamant Asset Management Inc. now owns 490,605 shares of the company’s stock valued at $16,046,000 after buying an additional 489,105 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Marriott International by 37.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,363,845 shares of the company’s stock worth $423,119,000 after acquiring an additional 374,497 shares during the last quarter. Capital International Investors boosted its position in shares of Marriott International by 7.1% during the 4th quarter. Capital International Investors now owns 4,107,531 shares of the company’s stock valued at $1,274,475,000 after acquiring an additional 272,250 shares during the last quarter. Finally, Amundi grew its holdings in shares of Marriott International by 52.0% in the third quarter. Amundi now owns 741,408 shares of the company’s stock valued at $201,618,000 after purchasing an additional 253,696 shares in the last quarter. 70.70% of the stock is owned by hedge funds and other institutional investors.

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.