Wolfe Research Initiates Coverage on Marriott International (NASDAQ:MAR)

Stock analysts at Wolfe Research initiated coverage on shares of Marriott International (NASDAQ:MAR) in a note issued to investors on Wednesday, Benzinga reports. The firm set a “peer perform” rating on the stock.

A number of other brokerages have also recently issued reports on MAR. China Intl Cap upgraded shares of Marriott International to a “strong-buy” rating in a research note on Wednesday, August 12th. Barclays cut 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. Stifel Nicolaus upped their price objective on Marriott International from $352.00 to $365.00 and gave the company a “hold” rating in a research report on Friday, July 17th. TD Cowen lifted their target price on Marriott International from $410.00 to $420.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. Finally, Wells Fargo & Company lowered their price target on Marriott International from $449.00 to $425.00 and set an “overweight” rating on the stock in a report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Marriott International has a consensus rating of “Moderate Buy” and an average price target of $385.65.

Marriott International Stock Down 2.1%

Marriott International stock opened at $334.55 on Wednesday. Marriott International has a twelve month low of $256.76 and a twelve month high of $410.98. The company has a market capitalization of $87.24 billion, a P/E ratio of 34.67, a PEG ratio of 2.65 and a beta of 1.11. The stock’s 50 day moving average is $364.51 and its 200 day moving average is $358.84.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings data on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.08 by $0.11. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.The business had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $7.19 billion. During the same quarter in the previous year, the business earned $2.65 earnings per share. The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. 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. As a group, equities analysts expect that Marriott International will post 11.7 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Formuepleje A S bought a new stake in shares of Marriott International during the second quarter valued at approximately $1,187,000. HighTower Advisors LLC boosted its position in shares of Marriott International by 20.6% during the second quarter. HighTower Advisors LLC now owns 99,585 shares of the company’s stock worth $36,905,000 after acquiring an additional 17,004 shares during the last quarter. Groupe la Francaise grew its stake in Marriott International by 14.4% during the second quarter. Groupe la Francaise now owns 2,749 shares of the company’s stock valued at $1,020,000 after acquiring an additional 346 shares in the last quarter. California State Teachers Retirement System lifted its stake in Marriott International by 43,255.9% in the 2nd quarter. California State Teachers Retirement System now owns 114,540,104 shares of the company’s stock worth $42,447,417,000 after purchasing an additional 114,275,918 shares in the last quarter. Finally, Tanager Wealth Management LLP boosted its holdings in shares of Marriott International by 5.7% during the 2nd quarter. Tanager Wealth Management LLP now owns 1,642 shares of the company’s stock valued at $609,000 after purchasing an additional 88 shares during 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.