Truist Financial Boosts Marriott International (NASDAQ:MAR) Price Target to $356.00

Marriott International (NASDAQ:MAR) had its price objective lifted by investment analysts at Truist Financial from $350.00 to $356.00 in a report issued on Tuesday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. Truist Financial’s price objective would indicate a potential downside of 4.56% from the stock’s previous close.

Several other equities analysts have also issued reports on MAR. Susquehanna lifted their target price on shares of Marriott International from $280.00 to $385.00 and gave the company a “neutral” rating in a report on Thursday, April 23rd. Morgan Stanley lifted their target price on shares of Marriott International from $350.00 to $353.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. JPMorgan Chase & Co. lifted their target price on shares of Marriott International from $356.00 to $383.00 and gave the company a “neutral” rating in a report on Tuesday, April 21st. Weiss Ratings reiterated a “buy (b)” rating on shares of Marriott International in a report on Monday, May 11th. Finally, Mizuho lifted their target price on shares of Marriott International from $343.00 to $384.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Eight investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $382.07.

Marriott International Price Performance

MAR traded up $3.86 on Tuesday, hitting $373.01. The company had a trading volume of 341,610 shares, compared to its average volume of 1,545,513. Marriott International has a 52-week low of $253.55 and a 52-week high of $380.00. The stock has a fifty day simple moving average of $348.32 and a 200-day simple moving average of $327.66. The firm has a market capitalization of $98.36 billion, a P/E ratio of 39.14, a P/E/G ratio of 2.93 and a beta of 1.11.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $2.72 EPS for the quarter, topping the consensus estimate of $2.56 by $0.16. Marriott International had a net margin of 9.72% and a negative return on equity of 80.97%. The business had revenue of $1.81 billion during the quarter, compared to analyst estimates of $6.59 billion. During the same period last year, the business posted $2.32 earnings per share. Marriott International’s quarterly revenue 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 research analysts expect that Marriott International will post 11.66 earnings per share for the current fiscal year.

Insider Buying and Selling at Marriott International

In related news, EVP Peggy Roe sold 3,000 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the executive vice president owned 19,827 shares of the company’s stock, valued at $7,168,650.12. This trade represents a 13.14% decrease in their ownership of the stock. The sale 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 Investors Weigh In On Marriott International

Several institutional investors and hedge funds have recently made changes to their positions in the company. National Pension Service grew its position in Marriott International by 1.6% in the 3rd quarter. National Pension Service now owns 603,431 shares of the company’s stock worth $157,158,000 after purchasing an additional 9,530 shares during the period. Legal & General Group Plc grew its position in Marriott International by 9.3% in the 3rd quarter. Legal & General Group Plc now owns 1,465,420 shares of the company’s stock worth $381,654,000 after purchasing an additional 124,759 shares during the period. AustralianSuper Pty Ltd bought a new stake in Marriott International in the 3rd quarter worth approximately $858,000. Lansforsakringar Fondforvaltning AB publ grew its position in shares of Marriott International by 5.8% during the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 73,759 shares of the company’s stock valued at $19,210,000 after acquiring an additional 4,067 shares during the period. Finally, Natixis Advisors LLC grew its position in shares of Marriott International by 12.0% during the 3rd quarter. Natixis Advisors LLC now owns 386,638 shares of the company’s stock valued at $100,696,000 after acquiring an additional 41,547 shares during the period. Institutional investors 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.