Marriott International (NASDAQ:MAR) Upgraded to “Strong-Buy” at TD Cowen

Marriott International (NASDAQ:MAR) was upgraded by analysts at TD Cowen to a “strong-buy” rating in a report released on Tuesday, Zacks reports.

Several other equities analysts have also recently commented on MAR. CICC Research started coverage on Marriott International in a report on Wednesday, August 12th. They issued an “outperform” rating for the company. Erste Group Bank assumed coverage on Marriott International in a report on Thursday, August 27th. They set a “buy” rating on the stock. Barclays cut their target price on Marriott International from $379.00 to $348.00 and set an “equal weight” rating for the company in a research note on Tuesday, August 4th. Mizuho decreased their price target on shares of Marriott International from $384.00 to $374.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 4th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Marriott International in a report on Friday, August 7th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $385.88.

Marriott International Price Performance

Shares of Marriott International stock opened at $329.07 on Tuesday. The company has a market cap of $85.81 billion, a PE ratio of 34.10, a price-to-earnings-growth ratio of 2.50 and a beta of 1.11. The firm has a fifty day moving average price of $358.61 and a two-hundred day moving average price of $357.82. Marriott International has a fifty-two week low of $256.76 and a fifty-two week high of $410.98.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings data on Monday, August 3rd. The company reported $3.19 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 business had revenue of $2.01 billion during the quarter, compared to analyst estimates of $7.19 billion. During the same quarter in the prior year, the business earned $2.65 earnings per share. The firm’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. Analysts expect that Marriott International will post 11.69 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Evelyn Partners Investment Management Services Ltd acquired a new stake in shares of Marriott International during the 1st quarter worth about $25,000. IMG Wealth Management Inc. grew its stake in Marriott International by 100.0% during the first 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 last quarter. Wilkerson Advisory Group LLC increased its holdings in shares of Marriott International by 127.0% during the first quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock worth $27,000 after buying an additional 47 shares in the last quarter. Kemnay Advisory Services Inc. bought a new position in shares of Marriott International in the fourth quarter valued at approximately $27,000. Finally, McMillan Office Inc. bought a new stake in Marriott International during the 4th quarter worth approximately $27,000. 70.70% of the stock is owned by institutional investors.

Marriott International Company Profile

Marriott International, Inc is a global hospitality company that operates, franchises, licenses and manages hotels, resorts and other lodging properties. Its portfolio includes full-service, luxury, select-service and extended-stay accommodations, as well as branded residences, timeshare properties and vacation experiences. Marriott also provides food and beverage, meeting and event services through many of its properties.

The company’s brands include Marriott Hotels, The Ritz-Carlton, St.