Marriott International (NASDAQ:MAR) Sets New 1-Year High – Here’s What Happened

Shares of Marriott International, Inc. (NASDAQ:MAR) hit a new 52-week high on Friday . The company traded as high as $396.65 and last traded at $391.54, with a volume of 496126 shares trading hands. The stock had previously closed at $385.30.

Analysts Set New Price Targets

MAR has been the topic of a number of research reports. Sanford C. Bernstein raised their price objective on Marriott International from $400.00 to $402.00 and gave the company an “outperform” rating in a report on Friday, May 15th. Morgan Stanley raised their price objective on Marriott International from $350.00 to $353.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. JPMorgan Chase & Co. raised their price objective on Marriott International from $356.00 to $383.00 and gave the company a “neutral” rating in a report on Tuesday, April 21st. Truist Financial raised their price objective on Marriott International from $350.00 to $356.00 and gave the company a “hold” rating in a report on Tuesday, May 26th. Finally, Susquehanna boosted their price target on shares of Marriott International from $280.00 to $385.00 and gave the company a “neutral” rating in a research report on Thursday, April 23rd. Eight research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $382.07.

Marriott International Price Performance

The stock’s fifty day moving average is $357.38 and its 200-day moving average is $332.81. The stock has a market cap of $103.08 billion, a PE ratio of 41.02, a price-to-earnings-growth ratio of 3.00 and a beta of 1.10.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings data 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. Marriott International had a net margin of 9.72% and a negative return on equity of 80.97%. The firm had revenue of $1.81 billion during the quarter, compared to analyst estimates of $6.59 billion. During the same quarter in the prior year, the firm posted $2.32 earnings per share. Marriott International’s quarterly 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, sell-side analysts expect that Marriott International, Inc. will post 11.64 EPS 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 given a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, May 22nd. This is a positive change from Marriott International’s previous quarterly dividend of $0.67. Marriott International’s dividend payout ratio is 30.64%.

Insider Activity

In related news, EVP Peggy Roe sold 3,000 shares of the firm’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 completion of 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 11.43% of the company’s stock.

Institutional Trading of Marriott International

Hedge funds and other institutional investors have recently modified their holdings of the business. Evelyn Partners Investment Management Services Ltd acquired a new stake in shares of Marriott International during the 1st quarter worth about $25,000. IMG Wealth Management Inc. increased its position in shares of Marriott International by 100.0% during the 1st quarter. IMG Wealth Management Inc. now owns 82 shares of the company’s stock worth $27,000 after purchasing an additional 41 shares during the last quarter. Wilkerson Advisory Group LLC increased its position in shares of Marriott International by 127.0% during the 1st quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock worth $27,000 after purchasing an additional 47 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new stake in shares of Marriott International during the 4th quarter worth about $27,000. Finally, McMillan Office Inc. acquired a new stake in shares of Marriott International during the 4th quarter worth about $27,000. 70.70% of the stock is owned by institutional investors and hedge funds.

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.