UBS Group Cuts Marriott International (NASDAQ:MAR) Price Target to $395.00

Marriott International (NASDAQ:MAR) had its price objective trimmed by UBS Group from $412.00 to $395.00 in a report published on Thursday morning,Benzinga reports. The firm currently has a neutral rating on the stock.

Several other analysts have also recently commented on MAR. Susquehanna raised their target price on Marriott International from $280.00 to $385.00 and gave the company a “neutral” rating in a research report on Thursday, April 23rd. Truist Financial boosted their price target on Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a research report on Tuesday, May 26th. Morgan Stanley raised their price target on Marriott International from $353.00 to $380.00 and gave the company an “overweight” rating in a report on Friday, July 17th. Sanford C. Bernstein set a $412.00 price objective on shares of Marriott International in a research note on Monday, June 15th. Finally, Robert W. Baird reduced their price objective on shares of Marriott International from $394.00 to $393.00 and set a “neutral” rating for the company in a report on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $385.65.

Marriott International Stock Down 0.1%

Shares of NASDAQ:MAR opened at $356.39 on Thursday. The company’s 50-day moving average price is $370.50 and its 200 day moving average price is $357.82. The company has a market cap of $92.94 billion, a PE ratio of 36.93, a P/E/G ratio of 2.76 and a beta of 1.10. Marriott International has a fifty-two week low of $256.76 and a fifty-two week high of $410.98.

Marriott International (NASDAQ:MAR) last posted its earnings results on Monday, August 3rd. The company reported $3.19 EPS for the quarter, topping the consensus estimate of $3.08 by $0.11. The firm had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $7.19 billion. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. Marriott International’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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, equities analysts anticipate that Marriott International will post 11.71 EPS for the current year.

Marriott International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, August 20th will be paid a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, August 20th. Marriott International’s dividend payout ratio (DPR) is presently 30.26%.

Institutional Trading of Marriott International

Institutional investors have recently modified their holdings of the company. Invesco Ltd. grew its holdings in Marriott International by 2.7% during the fourth quarter. Invesco Ltd. now owns 4,440,359 shares of the company’s stock worth $1,377,577,000 after acquiring an additional 118,504 shares during the period. Capital International Investors boosted its position in shares of Marriott International by 7.1% during 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 position in shares of Marriott International in the 4th quarter worth approximately $812,570,000. Price T Rowe Associates Inc. MD raised its holdings in shares of Marriott International by 13.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,879,028 shares of the company’s stock worth $582,952,000 after purchasing an additional 219,579 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Marriott International by 1.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,619,423 shares of the company’s stock worth $502,410,000 after buying an additional 19,387 shares in the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

Marriott International Company Profile

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.