Marriott International (NASDAQ:MAR) Price Target Raised to $365.00

Marriott International (NASDAQ:MAR) had its price target upped by Stifel Nicolaus from $352.00 to $365.00 in a report released on Friday morning,Benzinga reports. The firm currently has a hold rating on the stock.

A number of other equities research analysts have also recently issued reports on the stock. Wells Fargo & Company increased their target price on shares of Marriott International from $446.00 to $449.00 and gave the stock an “overweight” rating in a research report on Thursday. Robert W. Baird decreased their price objective on shares of Marriott International from $388.00 to $386.00 and set a “neutral” rating on the stock in a research note on Thursday, May 7th. UBS Group raised their price objective on shares of Marriott International from $336.00 to $412.00 and gave the stock a “neutral” rating in a report on Monday, June 15th. Susquehanna boosted their target price on Marriott International from $280.00 to $385.00 and gave the stock a “neutral” rating in a report on Thursday, April 23rd. Finally, JPMorgan Chase & Co. increased their price target on Marriott International from $356.00 to $383.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 21st. Eight research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $385.38.

Marriott International Price Performance

Marriott International stock opened at $366.24 on Friday. The business has a 50 day simple moving average of $376.48 and a 200 day simple moving average of $350.45. The company has a market capitalization of $96.57 billion, a PE ratio of 38.43, a price-to-earnings-growth ratio of 2.91 and a beta of 1.11. Marriott International has a one year low of $253.76 and a one year high of $410.98.

Marriott International (NASDAQ:MAR) last released its quarterly earnings data on Wednesday, May 6th. The company reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $6.59 billion. During the same period in the prior year, the company posted $2.32 earnings per share. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. 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. Equities analysts anticipate that Marriott International will post 11.64 earnings per share for the current fiscal 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 paid a $0.73 dividend. This is an increase from Marriott International’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $2.92 annualized dividend and a dividend yield of 0.8%. Marriott International’s 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 value 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. This trade represents a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 11.43% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Tema ETFs LLC boosted its stake in shares of Marriott International by 9.3% in the 2nd quarter. Tema ETFs LLC now owns 6,786 shares of the company’s stock valued at $2,515,000 after purchasing an additional 580 shares during the last quarter. Handelsbanken Fonder AB raised its stake in shares of Marriott International by 3.1% during the second quarter. Handelsbanken Fonder AB now owns 70,781 shares of the company’s stock worth $26,231,000 after buying an additional 2,120 shares during the last quarter. BFI Infinity Ltd. acquired a new position in Marriott International in the second quarter valued at approximately $3,817,000. KMG Fiduciary Partners LLC boosted its stake in Marriott International by 1.9% in the second quarter. KMG Fiduciary Partners LLC now owns 29,658 shares of the company’s stock valued at $10,991,000 after acquiring an additional 555 shares during the last quarter. Finally, Fulton Bank N.A. grew its holdings in Marriott International by 164.8% during the 2nd quarter. Fulton Bank N.A. now owns 8,398 shares of the company’s stock worth $3,112,000 after acquiring an additional 5,227 shares during the period. 70.70% of the stock is currently 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.