Marriott International (NASDAQ:MAR) Price Target Raised to $406.00

Marriott International (NASDAQ:MAR) had its target price boosted by JPMorgan Chase & Co. from $388.00 to $406.00 in a research report sent to investors on Wednesday,Benzinga reports. The firm currently has a neutral rating on the stock.

MAR has been the subject of a number of other reports. Stifel Nicolaus cut their price target on shares of Marriott International from $365.00 to $343.00 and set a “hold” rating for the company in a report on Monday, August 3rd. UBS Group lowered their price objective on shares of Marriott International from $412.00 to $395.00 and set a “neutral” rating on the stock in a research note on Thursday, August 20th. The Goldman Sachs Group dropped their target price on shares of Marriott International from $405.00 to $400.00 and set a “buy” rating on the stock in a report on Tuesday, August 4th. Weiss Ratings reiterated a “buy (b)” rating on shares of Marriott International in a report on Friday, August 7th. Finally, Erste Group Bank assumed coverage on shares of Marriott International in a research note on Thursday, August 27th. They set a “buy” rating for the company. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $383.52.

Marriott International Stock Performance

Shares of MAR stock opened at $390.71 on Wednesday. Marriott International has a 1 year low of $256.76 and a 1 year high of $410.98. The business’s fifty day moving average is $355.97 and its 200-day moving average is $364.72. The stock has a market cap of $101.89 billion, a PE ratio of 36.20, a price-to-earnings-growth ratio of 2.98 and a beta of 1.17.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings data 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. 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 during the quarter, compared to analyst estimates of $7.19 billion. During the same quarter in the prior year, the firm posted $2.65 earnings per share. The company’s revenue 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. Equities research analysts predict that Marriott International will post 11.72 earnings per share for the current year.

Marriott International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, August 20th were given a $0.73 dividend. The ex-dividend date was Thursday, August 20th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.7%. Marriott International’s dividend payout ratio (DPR) is 30.26%.

Insiders Place Their Bets

In other Marriott International news, insider Deborah Harrison sold 3,500 shares of the company’s stock in a transaction dated Friday, September 25th. The shares were sold at an average price of $352.09, for a total transaction of $1,232,315.00. Following the completion of the sale, the insider directly owned 282,383 shares of the company’s stock, valued at approximately $99,424,230.47. This represents a 1.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider David S. Marriott sold 3,500 shares of Marriott International stock in a transaction that occurred on Friday, September 25th. The stock was sold at an average price of $352.09, for a total transaction of $1,232,315.00. Following the completion of the transaction, the insider directly owned 282,383 shares in the company, valued at approximately $99,424,230.47. This trade represents a 1.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 11.43% of the company’s stock.

Institutional Investors Weigh In On Marriott International

Hedge funds have recently made changes to their positions in the company. State Street Corp grew its position in Marriott International by 2.9% during the 2nd quarter. State Street Corp now owns 9,644,773 shares of the company’s stock worth $3,574,256,000 after purchasing an additional 272,044 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Marriott International by 0.8% in the first quarter. Dimensional Fund Advisors LP now owns 727,472 shares of the company’s stock valued at $237,893,000 after purchasing an additional 5,530 shares in the last quarter. Swiss National Bank lifted its holdings in shares of Marriott International by 5.9% in the first quarter. Swiss National Bank now owns 669,398 shares of the company’s stock valued at $218,940,000 after purchasing an additional 37,080 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its position in shares of Marriott International by 5.9% in the third quarter. Robeco Institutional Asset Management B.V. now owns 664,123 shares of the company’s stock worth $236,209,000 after buying an additional 36,765 shares during the period. Finally, Diamant Asset Management Inc. boosted its position in shares of Marriott International by 32,607.0% in the first quarter. Diamant Asset Management Inc. now owns 490,605 shares of the company’s stock worth $16,046,000 after buying an additional 489,105 shares during the period. Hedge funds and other institutional investors own 70.70% of the company’s stock.

About Marriott International

Marriott International, Inc is a global hospitality company that develops, franchises, licenses and manages hotels, resorts, residences and other lodging properties. Its portfolio includes brands such as Marriott Hotels, Sheraton, Westin, W Hotels, The Ritz-Carlton, St. Regis, JW Marriott, Courtyard, Fairfield by Marriott, Residence Inn and Element. The company also operates Marriott Bonvoy, a travel loyalty program that provides members with benefits and rewards across participating properties and travel experiences.

Marriott traces its origins to 1927, when J.