Brokerages Set Marriott International, Inc. (NASDAQ:MAR) Target Price at $384.73

Marriott International, Inc. (NASDAQ:MAR) has been given a consensus rating of “Moderate Buy” by the sixteen analysts that are currently covering the firm, Marketbeat reports. Eight research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $384.7333.

MAR has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Marriott International in a research report on Monday, May 11th. Sanford C. Bernstein set a $412.00 target price on Marriott International in a research report on Monday, June 15th. Truist Financial boosted their price target on Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a research note on Tuesday, May 26th. UBS Group lifted their target price on shares of Marriott International from $336.00 to $412.00 and gave the stock a “neutral” rating in a research note on Monday, June 15th. Finally, Robert W. Baird dropped their target price on shares of Marriott International from $388.00 to $386.00 and set a “neutral” rating on the stock in a research report on Thursday, May 7th.

Insider Activity

In related news, EVP Peggy Roe sold 3,000 shares of Marriott International stock in a transaction dated 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 completion of the sale, the executive vice president owned 19,827 shares of the company’s stock, valued at $7,168,650.12. The trade was a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 11.43% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Marriott International

Several hedge funds have recently added to or reduced their stakes in the business. Norges Bank purchased a new position in shares of Marriott International in the 4th quarter valued at about $812,570,000. Wellington Management Group LLP lifted its position in shares of Marriott International by 21.7% during the 3rd quarter. Wellington Management Group LLP now owns 9,175,377 shares of the company’s stock valued at $2,389,635,000 after buying an additional 1,637,119 shares in the last quarter. Diamant Asset Management Inc. increased its holdings in Marriott International by 32,607.0% in the 1st quarter. Diamant Asset Management Inc. now owns 490,605 shares of the company’s stock worth $16,046,000 after acquiring an additional 489,105 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Marriott International by 37.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,363,845 shares of the company’s stock valued at $423,119,000 after purchasing an additional 374,497 shares in the last quarter. Finally, Capital International Investors increased its stake in shares of Marriott International by 7.1% during the fourth quarter. Capital International Investors now owns 4,107,531 shares of the company’s stock worth $1,274,475,000 after purchasing an additional 272,250 shares in the last quarter. 70.70% of the stock is owned by hedge funds and other institutional investors.

Marriott International Stock Performance

Marriott International stock traded up $3.64 during mid-day trading on Tuesday, reaching $376.11. 1,028,410 shares of the company were exchanged, compared to its average volume of 1,521,519. The firm has a market cap of $99.18 billion, a P/E ratio of 39.47, a PEG ratio of 2.99 and a beta of 1.11. The business has a fifty day moving average of $375.43 and a 200 day moving average of $348.38. Marriott International has a 12-month low of $253.76 and a 12-month high of $410.98.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.56 by $0.16. Marriott International had a negative return on equity of 80.97% and a net margin of 9.72%.The business had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $6.59 billion. During the same period last year, the business posted $2.32 EPS. The business’s revenue was up 6.2% compared to the same quarter last year. Marriott International has set its FY 2026 guidance at 11.380-11.630 EPS and its Q2 2026 guidance at 2.990-3.060 EPS. Sell-side analysts predict that Marriott International will post 11.64 EPS for the current year.

Marriott International Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd were given a dividend of $0.73 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $2.92 dividend on an annualized basis and a yield of 0.8%. This is an increase from Marriott International’s previous quarterly dividend of $0.67. Marriott International’s payout ratio is presently 30.64%.

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.