Marriott International (NASDAQ:MAR) Price Target Raised to $353.00 at Morgan Stanley

Marriott International (NASDAQ:MAR) had its price target hoisted by analysts at Morgan Stanley from $350.00 to $353.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Morgan Stanley’s price target suggests a potential upside of 0.29% from the company’s previous close.

Several other analysts have also recently commented on MAR. Robert W. Baird dropped their price target on Marriott International from $388.00 to $386.00 and set a “neutral” rating for the company in a research report on Thursday, May 7th. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a research report on Thursday, January 22nd. Truist Financial boosted their price target on shares of Marriott International from $283.00 to $350.00 and gave the stock a “hold” rating in a research report on Wednesday, February 11th. Evercore upped their target price on Marriott International from $320.00 to $350.00 and gave the company an “outperform” rating in a report on Thursday, January 22nd. Finally, Barclays upped their target price on Marriott International from $372.00 to $376.00 and gave the company an “equal weight” rating in a report on Thursday, May 7th. One 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 stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $373.93.

Marriott International Price Performance

NASDAQ:MAR traded down $1.33 during trading hours on Tuesday, reaching $351.99. The company had a trading volume of 482,095 shares, compared to its average volume of 1,573,887. Marriott International has a 1-year low of $253.55 and a 1-year high of $380.00. The firm has a market cap of $92.82 billion, a PE ratio of 36.90, a price-to-earnings-growth ratio of 2.99 and a beta of 1.11. The business’s 50 day moving average price is $342.22 and its 200-day moving average price is $321.10.

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. The company had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $6.59 billion. Marriott International had a negative return on equity of 80.97% and a net margin of 9.72%.Marriott International’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same period in the previous year, the company posted $2.32 earnings per share. 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. On average, analysts expect that Marriott International will post 11.56 earnings per share for the current fiscal year.

Insider Buying and Selling at Marriott International

In related news, insider William P. Brown sold 9,456 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $358.25, for a total transaction of $3,387,612.00. Following the completion of the transaction, the insider directly owned 11,000 shares in the company, valued at $3,940,750. This trade represents a 46.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Drew Pinto sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $359.81, for a total value of $1,439,240.00. Following the transaction, the executive vice president owned 8,221 shares of the company’s stock, valued at $2,957,998.01. This trade represents a 32.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 95,540 shares of company stock worth $34,274,055. Insiders own 11.43% of the company’s stock.

Hedge Funds Weigh In On Marriott International

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of Marriott International by 1.1% in the 3rd quarter. Vanguard Group Inc. now owns 20,774,015 shares of the company’s stock valued at $5,410,384,000 after buying an additional 230,820 shares during the period. Wellington Management Group LLP boosted its stake 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 buying an additional 1,637,119 shares during the period. Massachusetts Financial Services Co. MA boosted its stake 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 buying an additional 330,952 shares during the period. Invesco Ltd. boosted its stake 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 buying an additional 118,504 shares during the period. Finally, Capital International Investors boosted its stake 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 buying an additional 272,250 shares during the period. Hedge funds and other institutional investors 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.