Marriott International (NASDAQ:MAR) Price Target Raised to $383.00

Marriott International (NASDAQ:MAR) had its price target boosted by JPMorgan Chase & Co. from $356.00 to $383.00 in a research report released on Tuesday morning,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

Other equities analysts have also issued research reports about the company. Jefferies Financial Group increased their target price on Marriott International from $357.00 to $415.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Evercore increased their target price on Marriott International from $320.00 to $350.00 and gave the stock an “outperform” rating in a research note on Thursday, January 22nd. BMO Capital Markets upgraded Marriott International from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $285.00 to $370.00 in a research note on Friday, January 9th. Truist Financial increased their target price on Marriott International from $283.00 to $350.00 and gave the stock a “hold” rating in a research note on Wednesday, February 11th. Finally, Sanford C. Bernstein increased their target price on Marriott International from $329.00 to $369.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, Marriott International presently has a consensus rating of “Moderate Buy” and a consensus target price of $357.27.

Marriott International Stock Up 0.3%

MAR opened at $368.24 on Tuesday. Marriott International has a 12-month low of $227.55 and a 12-month high of $380.00. The stock has a market cap of $97.56 billion, a price-to-earnings ratio of 38.80, a PEG ratio of 3.22 and a beta of 1.10. The business has a 50 day moving average of $340.86 and a 200-day moving average of $313.91.

Marriott International (NASDAQ:MAR) last released its quarterly earnings data on Tuesday, February 10th. The company reported $2.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.61 by ($0.03). Marriott International had a net margin of 9.93% and a negative return on equity of 84.23%. The business had revenue of $6.69 billion during the quarter, compared to analyst estimates of $6.67 billion. During the same period in the previous year, the business earned $2.45 earnings per share. The business’s quarterly revenue was up 4.1% on a year-over-year basis. Marriott International has set its FY 2026 guidance at 11.320-11.570 EPS and its Q1 2026 guidance at 2.500-2.550 EPS. As a group, analysts expect that Marriott International will post 11.67 earnings per share for the current year.

Marriott International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, February 26th were paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Thursday, February 26th. Marriott International’s dividend payout ratio (DPR) is 28.24%.

Insider Activity

In other Marriott International news, insider Rajeev Menon sold 6,333 shares of the firm’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $356.61, for a total transaction of $2,258,411.13. Following the transaction, the insider owned 9,492 shares in the company, valued at $3,384,942.12. This trade represents a 40.02% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider David S. Marriott sold 4,747 shares of the firm’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $360.00, for a total value of $1,708,920.00. Following the transaction, the insider owned 591,669 shares in the company, valued at approximately $213,000,840. This trade represents a 0.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 95,540 shares of company stock worth $34,274,055. 11.43% of the stock is currently owned by insiders.

Institutional Trading of Marriott International

Several large investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Marriott International by 1.1% during the 3rd quarter. Vanguard Group Inc. now owns 20,774,015 shares of the company’s stock worth $5,410,384,000 after acquiring an additional 230,820 shares in the last quarter. Wellington Management Group LLP boosted its holdings in shares of Marriott International by 21.7% in 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 purchasing an additional 1,637,119 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of Marriott International by 7.2% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,921,767 shares of the company’s stock valued at $1,281,825,000 after purchasing an additional 330,952 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of Marriott International by 2.7% in the 4th quarter. Invesco Ltd. now owns 4,440,359 shares of the company’s stock valued at $1,377,577,000 after purchasing an additional 118,504 shares in the last quarter. Finally, Capital International Investors boosted its holdings in shares of Marriott International by 7.1% in the 4th quarter. Capital International Investors now owns 4,107,531 shares of the company’s stock valued at $1,274,475,000 after purchasing an additional 272,250 shares in the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

About Marriott International

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.