TD Cowen Upgrades Marriott International (NASDAQ:MAR) to “Strong-Buy”

Marriott International (NASDAQ:MAR) was upgraded by TD Cowen to a “strong-buy” rating in a research note issued on Tuesday, Zacks reports.

Other equities analysts have also recently issued reports about the company. JPMorgan Chase & Co. raised their price objective on Marriott International from $387.00 to $400.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st. China Intl Cap upgraded shares of Marriott International to a “strong-buy” rating in a research report on Wednesday, August 12th. Robert W. Baird decreased their price target on shares of Marriott International from $394.00 to $393.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 4th. Barclays cut their price objective on shares of Marriott International from $379.00 to $348.00 and set an “equal weight” rating for the company in a research note on Tuesday, August 4th. Finally, Morgan Stanley increased their target price on shares of Marriott International from $353.00 to $380.00 and gave the company an “overweight” rating in a report on Friday, July 17th. Two equities research 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. Based on data from MarketBeat.com, Marriott International currently has a consensus rating of “Moderate Buy” and an average target price of $385.88.

Marriott International Stock Performance

NASDAQ 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 company has a fifty day moving average of $358.61 and a 200-day moving average of $357.82. The company has a market capitalization of $85.81 billion, a P/E ratio of 34.10, a P/E/G ratio of 2.50 and a beta of 1.11.

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

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in MAR. Evelyn Partners Investment Management Services Ltd bought a new stake in Marriott International during the 1st quarter valued at $25,000. Wilkerson Advisory Group LLC grew its holdings in Marriott International by 127.0% in the 1st quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock worth $27,000 after acquiring an additional 47 shares during the last quarter. IMG Wealth Management Inc. increased its position in shares of 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 acquiring an additional 41 shares during the period. Kemnay Advisory Services Inc. bought a new position in shares of Marriott International during the fourth quarter valued at about $27,000. Finally, McMillan Office Inc. purchased a new stake in shares of Marriott International during the fourth quarter worth about $27,000. 70.70% of the stock is owned by hedge funds and other institutional investors.

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.