Marriott International (NASDAQ:MAR) Upgraded at TD Cowen

TD Cowen upgraded shares of Marriott International (NASDAQ:MAR) to a strong-buy rating in a report issued on Tuesday morning,Zacks reports.

A number of other equities analysts have also weighed in on MAR. Sanford C. Bernstein set a $412.00 price objective on shares of Marriott International in a research report on Monday, June 15th. Wells Fargo & Company cut their price objective on shares of Marriott International from $449.00 to $425.00 and set an “overweight” rating for the company in a research report on Tuesday, August 4th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Marriott International in a report on Friday, August 7th. CICC Research assumed coverage on shares of Marriott International in a research note on Wednesday, August 12th. They set an “outperform” rating on the stock. Finally, China Intl Cap raised shares of Marriott International to a “strong-buy” rating in a report on Wednesday, August 12th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, Marriott International has a consensus rating of “Moderate Buy” and an average target price of $385.88.

Marriott International Stock Down 0.7%

MAR opened at $329.07 on Tuesday. Marriott International has a 52 week low of $256.76 and a 52 week high of $410.98. The business has a 50 day moving average price of $358.61 and a two-hundred day moving average price of $357.82. The company has a market cap of $85.81 billion, a PE ratio of 34.10, a P/E/G ratio of 2.50 and a beta of 1.11.

Marriott International (NASDAQ:MAR) last announced its earnings results on Monday, August 3rd. The company reported $3.19 earnings per share for the quarter, beating the consensus estimate of $3.08 by $0.11. The company had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $7.19 billion. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.The company’s revenue was up 4.8% on a year-over-year basis. During the same period last year, the business posted $2.65 EPS. 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, sell-side analysts expect that Marriott International will post 11.69 EPS for the current fiscal year.

Marriott International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, August 20th will be issued a $0.73 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.92 dividend on an annualized basis and a yield of 0.9%. Marriott International’s dividend payout ratio (DPR) is 30.26%.

Hedge Funds Weigh In On Marriott International

A number of large investors have recently made changes to their positions in the stock. Evelyn Partners Investment Management Services Ltd acquired a new stake in shares of Marriott International in the first quarter valued at about $25,000. Wilkerson Advisory Group LLC grew its position in Marriott International by 127.0% during the first quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock worth $27,000 after buying an additional 47 shares during the period. IMG Wealth Management Inc. increased its holdings in Marriott International by 100.0% in the first quarter. IMG Wealth Management Inc. now owns 82 shares of the company’s stock valued at $27,000 after buying an additional 41 shares in the last quarter. Kemnay Advisory Services Inc. acquired a new stake in shares of Marriott International during the 4th quarter valued at approximately $27,000. Finally, McMillan Office Inc. purchased a new stake in shares of Marriott International during the 4th quarter worth approximately $27,000. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Marriott International Company Profile

Marriott International, Inc is a global hospitality company that operates, franchises, licenses and manages hotels, resorts and other lodging properties. Its portfolio includes full-service, luxury, select-service and extended-stay accommodations, as well as branded residences, timeshare properties and vacation experiences. Marriott also provides food and beverage, meeting and event services through many of its properties.

The company’s brands include Marriott Hotels, The Ritz-Carlton, St.