Marriott International (NASDAQ:MAR) Price Target Raised to $420.00

Marriott International (NASDAQ:MAR) had its price target raised by TD Cowen from $410.00 to $420.00 in a research report released on Tuesday,Benzinga reports. They currently have a buy rating on the stock.

Several other research analysts have also issued reports on the stock. Morgan Stanley upped their target price on shares of Marriott International from $353.00 to $380.00 and gave the stock an “overweight” rating in a research report on Friday, July 17th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Marriott International in a research note on Monday, May 11th. Stifel Nicolaus increased 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. Sanford C. Bernstein set a $412.00 price objective on Marriott International in a report on Monday, June 15th. Finally, Robert W. Baird cut their target price on Marriott International from $388.00 to $386.00 and set a “neutral” rating for the company in a research note on Thursday, May 7th. Nine research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $388.59.

Marriott International Price Performance

Shares of MAR opened at $364.47 on Tuesday. Marriott International has a 1-year low of $253.76 and a 1-year high of $410.98. The company has a market capitalization of $96.11 billion, a P/E ratio of 38.24, a P/E/G ratio of 2.90 and a beta of 1.11. The firm’s 50 day simple moving average is $377.72 and its 200 day simple moving average is $352.01.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.16. The business had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $6.59 billion. Marriott International had a net margin of 9.72% and a negative return on equity of 80.97%. The business’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.32 EPS. 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, equities analysts anticipate that Marriott International will post 11.66 earnings per share for the current year.

Marriott International Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd were issued a dividend of $0.73 per share. This is an increase from Marriott International’s previous quarterly dividend of $0.67. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Friday, May 22nd. Marriott International’s dividend payout ratio (DPR) is currently 30.64%.

Insider Transactions at Marriott International

In related news, EVP Peggy Roe sold 3,000 shares of the business’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $361.56, for a total transaction of $1,084,680.00. Following the transaction, the executive vice president owned 19,827 shares in the company, valued at $7,168,650.12. The trade was a 13.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 11.43% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Marriott International

Several hedge funds have recently made changes to their positions in MAR. Evelyn Partners Investment Management Services Ltd bought a new position in shares of Marriott International during the first quarter valued at approximately $25,000. IMG Wealth Management Inc. boosted its holdings in Marriott International by 100.0% in the first quarter. IMG Wealth Management Inc. now owns 82 shares of the company’s stock valued at $27,000 after acquiring an additional 41 shares in the last quarter. 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 valued at $27,000 after purchasing an additional 47 shares during the period. Kemnay Advisory Services Inc. bought a new position in Marriott International in the 4th quarter worth $27,000. Finally, McMillan Office Inc. purchased a new stake in shares of Marriott International in the 4th quarter worth about $27,000. 70.70% of the stock is owned by hedge funds and other institutional investors.

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.