Marriott International (NASDAQ:MAR) Price Target Raised to $406.00

Marriott International (NASDAQ:MAR) had its target price boosted by research analysts at JPMorgan Chase & Co. from $388.00 to $406.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price objective indicates a potential upside of 0.43% from the company’s previous close.

Other equities analysts also recently issued reports about the stock. CICC Research assumed coverage on shares of Marriott International in a report on Wednesday, August 12th. They issued an “outperform” rating and a $410.00 price objective on the stock. Barclays raised their target price on shares of Marriott International from $348.00 to $363.00 and gave the stock an “equal weight” rating in a research note on Friday, October 16th. Mizuho reduced their target price on shares of Marriott International from $384.00 to $374.00 and set a “neutral” rating for the company in a report on Tuesday, August 4th. Morgan Stanley lifted their target price on shares of Marriott International from $380.00 to $384.00 and gave the stock an “overweight” rating in a report on Monday, October 12th. Finally, Wells Fargo & Company upped their price target on shares of Marriott International from $425.00 to $426.00 and gave the company an “overweight” rating in a research note on Monday. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $382.70.

Marriott International Stock Up 1.8%

Shares of MAR stock traded up $6.96 during trading on Wednesday, reaching $404.27. 299,649 shares of the company’s stock were exchanged, compared to its average volume of 1,549,474. The stock has a market capitalization of $105.42 billion, a PE ratio of 41.98, a PEG ratio of 2.94 and a beta of 1.17. Marriott International has a twelve month low of $256.76 and a twelve month high of $410.98. The firm’s fifty day moving average price is $353.42 and its 200-day moving average price is $363.58.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Monday, August 3rd. The company reported $3.19 earnings per share 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 for the quarter, compared to analysts’ expectations of $7.19 billion. During the same quarter in the prior year, the business earned $2.65 EPS. The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. 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, analysts anticipate that Marriott International will post 11.70 EPS for the current fiscal year.

Insider Buying and Selling at Marriott International

In other Marriott International news, insider Deborah Harrison sold 3,500 shares of the company’s stock in a transaction on Friday, September 25th. The stock was sold at an average price of $352.09, for a total value of $1,232,315.00. Following the transaction, the insider directly owned 282,383 shares of the company’s stock, valued at $99,424,230.47. This represents a 1.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider David Marriott sold 3,500 shares of the company’s stock in a transaction on Friday, September 25th. The shares were sold at an average price of $352.09, for a total value of $1,232,315.00. Following the completion of the transaction, the insider directly owned 282,383 shares in the company, valued at approximately $99,424,230.47. This represents a 1.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 11.43% of the company’s stock.

Hedge Funds Weigh In On Marriott International

Institutional investors and hedge funds have recently modified their holdings of the business. Diamant Asset Management Inc. grew its position in shares of Marriott International by 32,607.0% during the 1st quarter. Diamant Asset Management Inc. now owns 490,605 shares of the company’s stock worth $16,046,000 after purchasing an additional 489,105 shares in the last quarter. State Street Corp raised its position in shares of Marriott International by 2.9% in the second quarter. State Street Corp now owns 9,644,773 shares of the company’s stock valued at $3,574,256,000 after buying an additional 272,044 shares in the last quarter. Assenagon Asset Management S.A. raised its position in shares of Marriott International by 309.9% in the first quarter. Assenagon Asset Management S.A. now owns 307,658 shares of the company’s stock valued at $100,626,000 after buying an additional 232,598 shares in the last quarter. Jupiter Topco LLC bought a new stake in shares of Marriott International in the second quarter valued at approximately $81,872,000. Finally, William Blair Investment Management LLC boosted its stake in shares of Marriott International by 255.5% in the second quarter. William Blair Investment Management LLC now owns 300,872 shares of the company’s stock valued at $111,500,000 after buying an additional 216,241 shares during the period. 70.70% of the stock is currently owned by institutional investors and hedge funds.

About Marriott International

Marriott International, Inc is a global hospitality company that develops, franchises, licenses and manages hotels, resorts, residences and other lodging properties. Its portfolio includes brands such as Marriott Hotels, Sheraton, Westin, W Hotels, The Ritz-Carlton, St. Regis, JW Marriott, Courtyard, Fairfield by Marriott, Residence Inn and Element. The company also operates Marriott Bonvoy, a travel loyalty program that provides members with benefits and rewards across participating properties and travel experiences.

Marriott traces its origins to 1927, when J.