Marriott International (NASDAQ:MAR) Price Target Raised to $426.00

Marriott International (NASDAQ:MAR) had its price target hoisted by Wells Fargo & Company from $425.00 to $426.00 in a report released on Monday,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the stock.

Other analysts have also recently issued research reports about the company. Weiss Ratings reissued a “buy (b)” rating on shares of Marriott International in a report on Friday, August 7th. Barclays lifted their target price on Marriott International from $348.00 to $363.00 and gave the company an “equal weight” rating in a report on Friday, October 16th. China Intl Cap upgraded Marriott International to a “strong-buy” rating in a research report on Wednesday, August 12th. Mizuho lowered their price target on shares of Marriott International from $384.00 to $374.00 and set a “neutral” rating on the stock in a report on Tuesday, August 4th. Finally, Morgan Stanley raised their price objective on shares of Marriott International from $380.00 to $384.00 and gave the company an “overweight” rating in a research report on Monday, October 12th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $382.70.

Marriott International Price Performance

Shares of MAR stock opened at $404.00 on Monday. The company’s fifty day simple moving average is $354.41 and its two-hundred day simple moving average is $364.08. Marriott International has a 1 year low of $256.76 and a 1 year high of $410.98. The stock has a market capitalization of $105.35 billion, a price-to-earnings ratio of 36.25, a PEG ratio of 2.99 and a beta of 1.17.

Marriott International (NASDAQ:MAR) last posted its earnings results on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $7.19 billion. During the same quarter in the prior year, the business posted $2.65 earnings per share. The business’s quarterly 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 anticipate that Marriott International will post 11.71 EPS for the current year.

Marriott International Dividend Announcement

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

Insider Buying and Selling at Marriott International

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of MAR. Kintegral Advisory LLC lifted its position in Marriott International by 0.6% during the third quarter. Kintegral Advisory LLC now owns 4,731 shares of the company’s stock valued at $1,683,000 after purchasing an additional 26 shares during the last quarter. World Equity Group Inc. grew its stake in Marriott International by 2.0% in the 2nd quarter. World Equity Group Inc. now owns 1,437 shares of the company’s stock worth $533,000 after buying an additional 28 shares in the last quarter. Haven Capital Group Inc. increased its holdings in shares of Marriott International by 0.3% in the 1st quarter. Haven Capital Group Inc. now owns 10,064 shares of the company’s stock worth $3,292,000 after buying an additional 30 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in shares of Marriott International by 1.2% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,472 shares of the company’s stock worth $808,000 after buying an additional 30 shares during the last quarter. Finally, Paragon Private Wealth Management LLC raised its position in shares of Marriott International by 4.4% during the 1st quarter. Paragon Private Wealth Management LLC now owns 743 shares of the company’s stock valued at $243,000 after buying an additional 31 shares in the last quarter. 70.70% of the stock is currently owned by institutional investors.

Marriott International Company Profile

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.