Marriott International (NASDAQ:MAR) Given New $350.00 Price Target at Truist Financial

Marriott International (NASDAQ:MARFree Report) had its price target upped by Truist Financial from $283.00 to $350.00 in a report issued on Wednesday,Benzinga reports. Truist Financial currently has a hold rating on the stock.

MAR has been the topic of a number of other reports. Wells Fargo & Company upped their target price on shares of Marriott International from $353.00 to $403.00 and gave the company an “overweight” rating in a report on Wednesday. JPMorgan Chase & Co. boosted their price target on Marriott International from $294.00 to $323.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 3rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Marriott International in a report on Thursday, January 22nd. BMO Capital Markets upgraded shares of Marriott International from a “market perform” rating to an “outperform” rating and upped their target price for the company from $285.00 to $370.00 in a research note on Friday, January 9th. Finally, Morgan Stanley boosted their price objective on shares of Marriott International from $296.00 to $328.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, Marriott International has a consensus rating of “Moderate Buy” and an average target price of $343.27.

Check Out Our Latest Research Report on MAR

Marriott International Stock Performance

NASDAQ:MAR traded up $5.72 during trading hours on Wednesday, reaching $364.47. The company’s stock had a trading volume of 381,863 shares, compared to its average volume of 1,601,668. The company has a market capitalization of $97.81 billion, a P/E ratio of 38.39, a price-to-earnings-growth ratio of 3.17 and a beta of 1.13. The stock has a 50 day moving average price of $315.86 and a two-hundred day moving average price of $287.20. Marriott International has a 12 month low of $205.40 and a 12 month high of $370.00.

Marriott International (NASDAQ:MARGet Free Report) last posted its earnings results on Tuesday, February 10th. The company reported $2.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.61 by ($0.03). Marriott International had a net margin of 9.93% and a negative return on equity of 88.92%. The business had revenue of $6.69 billion for the quarter, compared to analyst estimates of $6.67 billion. During the same quarter in the prior year, the firm earned $2.45 earnings per share. The company’s revenue for the quarter was up 4.1% on a year-over-year basis. Marriott International has set its FY 2026 guidance at 11.320-11.570 EPS and its Q1 2026 guidance at 2.500-2.550 EPS. As a group, analysts predict that Marriott International will post 10.1 EPS for the current fiscal year.

Insider Transactions at Marriott International

In other news, CAO Felitia Lee sold 1,617 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $305.98, for a total transaction of $494,769.66. Following the transaction, the chief accounting officer directly owned 4,893 shares of the company’s stock, valued at approximately $1,497,160.14. This trade represents a 24.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 10.68% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Marriott International

Institutional investors have recently modified their holdings of the business. Oppenheimer Asset Management Inc. bought a new position in Marriott International in the second quarter worth $613,000. National Pension Service increased its position in Marriott International by 1.6% during the third quarter. National Pension Service now owns 603,431 shares of the company’s stock valued at $157,158,000 after acquiring an additional 9,530 shares during the last quarter. AustralianSuper Pty Ltd purchased a new position in Marriott International in the third quarter worth about $858,000. Headwater Capital Co Ltd purchased a new position in shares of Marriott International in the second quarter worth approximately $21,857,000. Finally, Harbor Investment Advisory LLC lifted its position in shares of Marriott International by 2.7% in the third quarter. Harbor Investment Advisory LLC now owns 572,367 shares of the company’s stock valued at $149,067,000 after acquiring an additional 14,898 shares in the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

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About Marriott International

(Get Free Report)

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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