Robert W. Baird Cuts Marriott International (NASDAQ:MAR) Price Target to $393.00

Marriott International (NASDAQ:MAR) had its target price trimmed by Robert W. Baird from $394.00 to $393.00 in a research report sent to investors on Tuesday,Benzinga reports. The brokerage currently has a neutral rating on the stock.

A number of other research firms have also issued reports on MAR. Sanford C. Bernstein set a $412.00 target price on shares of Marriott International in a report on Monday, June 15th. JPMorgan Chase & Co. lifted their price target on shares of Marriott International from $387.00 to $400.00 and gave the stock a “neutral” rating in a report on Tuesday, July 21st. Stifel Nicolaus upped their price objective on shares of Marriott International from $352.00 to $365.00 and gave the company a “hold” rating in a research note on Friday, July 17th. TD Cowen raised their target price on shares of Marriott International from $410.00 to $420.00 and gave the stock a “buy” rating in a research report on Tuesday, July 21st. Finally, Truist Financial boosted their price target on Marriott International from $350.00 to $356.00 and gave the company a “hold” rating in a report on Tuesday, May 26th. Nine research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, Marriott International currently has an average rating of “Moderate Buy” and an average price target of $386.65.

Marriott International Stock Performance

Marriott International stock opened at $359.67 on Tuesday. Marriott International has a fifty-two week low of $256.49 and a fifty-two week high of $410.98. The company has a market capitalization of $93.79 billion, a price-to-earnings ratio of 37.27, a PEG ratio of 2.80 and a beta of 1.10. The stock has a fifty day moving average of $377.49 and a two-hundred day moving average of $355.25.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.08 by $0.11. The business 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 business’s revenue was up 4.8% on a year-over-year basis. During the same period 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. On average, analysts forecast that Marriott International will post 11.7 EPS for the current fiscal year.

Insider Buying and Selling at Marriott International

In other news, EVP Peggy Roe sold 3,000 shares of the business’s stock in a transaction on Monday, May 18th. The shares were 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 directly owned 19,827 shares of the company’s stock, valued at $7,168,650.12. The trade was a 13.14% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 11.43% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Marriott International

Institutional investors have recently added to or reduced their stakes in the company. Evelyn Partners Investment Management Services Ltd purchased a new position in shares of Marriott International in the 1st quarter worth about $25,000. IMG Wealth Management Inc. grew its holdings in shares of Marriott International by 100.0% during the 1st quarter. IMG Wealth Management Inc. now owns 82 shares of the company’s stock worth $27,000 after purchasing an additional 41 shares during the period. Wilkerson Advisory Group LLC increased its position in Marriott International by 127.0% during the 1st quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock worth $27,000 after purchasing an additional 47 shares in the last quarter. Kemnay Advisory Services Inc. purchased a new position in Marriott International in the fourth quarter valued at approximately $27,000. Finally, McMillan Office Inc. acquired a new position in Marriott International during the fourth quarter valued at approximately $27,000. Hedge funds and other institutional investors own 70.70% of the company’s stock.

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.