Marriott International (NASDAQ:MAR) Reaches New 1-Year High on Analyst Upgrade

Marriott International, Inc. (NASDAQ:MAR) hit a new 52-week high during trading on Wednesday after Truist Financial raised their price target on the stock from $350.00 to $356.00. Truist Financial currently has a hold rating on the stock. Marriott International traded as high as $384.25 and last traded at $382.2470, with a volume of 54049 shares trading hands. The stock had previously closed at $373.81.

Several other research analysts have also recently issued reports on MAR. Mizuho raised their target price on shares of Marriott International from $343.00 to $384.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of Marriott International in a research report on Monday, May 11th. JPMorgan Chase & Co. upped their price objective on Marriott International from $356.00 to $383.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 21st. The Goldman Sachs Group lifted their target price on shares of Marriott International from $355.00 to $398.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Finally, Sanford C. Bernstein increased their price target on shares of Marriott International from $400.00 to $402.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Eight equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $382.07.

Insider Transactions at Marriott International

In other Marriott International news, EVP Peggy Roe sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $361.56, for a total value of $1,084,680.00. Following the sale, the executive vice president directly owned 19,827 shares of the company’s stock, valued at approximately $7,168,650.12. This trade represents a 13.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 11.43% of the company’s stock.

Hedge Funds Weigh In On Marriott International

Large investors have recently added to or reduced their stakes in the stock. Evelyn Partners Investment Management Services Ltd purchased a new position in Marriott International during the first quarter valued at $25,000. Wilkerson Advisory Group LLC increased its stake in shares of Marriott International by 127.0% during the first 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. IMG Wealth Management Inc. lifted its stake in Marriott International by 100.0% in the 1st quarter. IMG Wealth Management Inc. now owns 82 shares of the company’s stock valued at $27,000 after buying an additional 41 shares in the last quarter. Kemnay Advisory Services Inc. acquired a new stake in Marriott International in the 4th quarter worth about $27,000. Finally, McMillan Office Inc. purchased a new stake in Marriott International during the 4th quarter worth approximately $27,000. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Marriott International Price Performance

The firm has a market cap of $101.04 billion, a price-to-earnings ratio of 40.25, a PEG ratio of 2.93 and a beta of 1.11. The business has a fifty day simple moving average of $349.52 and a 200 day simple moving average of $328.30.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $1.81 billion for the quarter, compared to analyst estimates of $6.59 billion. During the same period in the previous year, the company posted $2.32 earnings per share. The business’s revenue was up 6.2% on a year-over-year basis. 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, research analysts anticipate that Marriott International, Inc. will post 11.66 earnings per share for the current fiscal year.

Marriott International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 22nd will be paid a dividend of $0.73 per share. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $2.92 annualized dividend and a yield of 0.8%. This is a boost from Marriott International’s previous quarterly dividend of $0.67. Marriott International’s dividend payout ratio is currently 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.