Marriott International (NASDAQ:MAR – Free Report) had its target price upped by JPMorgan Chase & Co. from $387.00 to $400.00 in a research report sent to investors on Tuesday morning,Benzinga reports. They currently have a neutral rating on the stock.
A number of other analysts have also commented on MAR. Barclays boosted their price target on Marriott International from $376.00 to $379.00 and gave the company an “equal weight” rating in a report on Tuesday. Morgan Stanley lifted their target price on Marriott International from $353.00 to $380.00 and gave the company an “overweight” rating in a research report on Friday, July 17th. Stifel Nicolaus upped their price target on Marriott International from $352.00 to $365.00 and gave the stock a “hold” rating in a research report on Friday, July 17th. TD Cowen lifted their price objective on shares of Marriott International from $410.00 to $420.00 and gave the company a “buy” rating in a report on Tuesday. Finally, Sanford C. Bernstein set a $412.00 price objective on shares of Marriott International in a research report on Monday, June 15th. Nine equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $388.59.
Get Our Latest Stock Analysis on Marriott International
Marriott International Stock Performance
Marriott International (NASDAQ:MAR – Get Free Report) last issued its quarterly earnings data 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 for the quarter, compared to analyst estimates of $6.59 billion. Marriott International had a net margin of 9.72% and a negative return on equity of 80.97%. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period last year, the business posted $2.32 earnings per share. 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 research analysts predict that Marriott International will post 11.66 EPS for the current fiscal year.
Marriott International Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd were issued a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Friday, May 22nd. This is a boost from Marriott International’s previous quarterly dividend of $0.67. Marriott International’s payout ratio is currently 30.64%.
Insiders Place Their Bets
In other Marriott International news, EVP Peggy Roe sold 3,000 shares of the company’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $361.56, for a total transaction 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 represents a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 11.43% of the company’s stock.
Institutional Investors Weigh In On Marriott International
A number of institutional investors and hedge funds have recently modified their holdings of the company. Frederick Financial Consultants LLC increased its position in shares of Marriott International by 0.8% in the fourth quarter. Frederick Financial Consultants LLC now owns 3,531 shares of the company’s stock valued at $1,095,000 after acquiring an additional 28 shares during the period. World Equity Group Inc. grew its stake in shares of Marriott International by 2.0% in the second quarter. World Equity Group Inc. now owns 1,437 shares of the company’s stock worth $533,000 after purchasing an additional 28 shares during the last quarter. Haven Capital Group Inc. increased its holdings in Marriott International by 0.3% during the 1st quarter. Haven Capital Group Inc. now owns 10,064 shares of the company’s stock valued at $3,292,000 after purchasing an additional 30 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in Marriott International by 1.2% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,472 shares of the company’s stock valued at $808,000 after purchasing an additional 30 shares during the last quarter. Finally, Transamerica Financial Advisors LLC lifted its holdings in Marriott International by 34.8% in the 4th quarter. Transamerica Financial Advisors LLC now owns 120 shares of the company’s stock worth $37,000 after buying an additional 31 shares during the period. 70.70% of the stock is owned by 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.
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