Marriott International (NASDAQ:MAR) Price Target Raised to $379.00

Marriott International (NASDAQ:MAR) had its target price boosted by Barclays from $376.00 to $379.00 in a report released on Tuesday morning,Benzinga reports. Barclays currently has an equal weight rating on the stock.

Several other research analysts have also recently commented on MAR. Morgan Stanley raised their target price on shares of Marriott International from $353.00 to $380.00 and gave the stock an “overweight” rating in a report on Friday, July 17th. Robert W. Baird cut their price target 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. Wells Fargo & Company raised their price objective on Marriott International from $446.00 to $449.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. UBS Group lifted their price objective on Marriott International from $336.00 to $412.00 and gave the company a “neutral” rating in a report on Monday, June 15th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Marriott International in a research report on Monday, May 11th. Nine research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, Marriott International currently has a consensus rating of “Moderate Buy” and a consensus target price of $388.59.

Marriott International Stock Performance

Shares of Marriott International stock opened at $364.47 on Tuesday. The firm has a 50-day moving average of $377.72 and a 200-day moving average of $352.01. Marriott International has a 52-week low of $253.76 and a 52-week high of $410.98. The stock has a market cap of $96.11 billion, a PE ratio of 38.24, a PEG ratio of 2.90 and a beta of 1.11.

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 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%. Marriott International’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period last year, the firm earned $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 earnings per share for the current fiscal year.

Marriott International Increases Dividend

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

Insider Buying and Selling

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 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 in the company, valued at $7,168,650.12. This represents a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 11.43% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Marriott International

A number of institutional investors have recently modified their holdings of MAR. Invesco Ltd. grew its position in Marriott International by 2.7% in the fourth quarter. Invesco Ltd. now owns 4,440,359 shares of the company’s stock valued at $1,377,577,000 after acquiring an additional 118,504 shares during the last quarter. Capital International Investors boosted its stake in shares of Marriott International by 7.1% in the 4th quarter. Capital International Investors now owns 4,107,531 shares of the company’s stock valued at $1,274,475,000 after purchasing an additional 272,250 shares in the last quarter. Norges Bank acquired a new stake in shares of Marriott International in the 4th quarter valued at approximately $812,570,000. Price T Rowe Associates Inc. MD grew its holdings in shares of Marriott International by 13.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,879,028 shares of the company’s stock valued at $582,952,000 after purchasing an additional 219,579 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in Marriott International by 1.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,619,423 shares of the company’s stock worth $502,410,000 after purchasing an additional 19,387 shares in the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

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.