Marriott International (NASDAQ:MAR) Price Target Raised to $369.00

Marriott International (NASDAQ:MAR) had its target price lifted by Sanford C. Bernstein from $329.00 to $369.00 in a research note released on Tuesday,Benzinga reports. They currently have an outperform rating on the stock.

Other equities research analysts also recently issued reports about the company. The Goldman Sachs Group upgraded Marriott International from a “neutral” rating to a “buy” rating and raised their target price for the company from $288.00 to $345.00 in a report on Monday, December 15th. Truist Financial lifted their price objective on shares of Marriott International from $278.00 to $283.00 and gave the company a “hold” rating in a research note on Thursday, December 4th. Barclays upped their target price on shares of Marriott International from $274.00 to $276.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 17th. Wells Fargo & Company assumed coverage on shares of Marriott International in a research note on Tuesday, November 18th. They set an “overweight” rating and a $329.00 price target on the stock. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Marriott International in a research report on Wednesday, October 8th. Three analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Marriott International currently has an average rating of “Moderate Buy” and a consensus target price of $301.50.

Marriott International Trading Up 1.8%

Shares of MAR stock opened at $324.91 on Tuesday. The company has a market cap of $87.19 billion, a PE ratio of 34.31, a P/E/G ratio of 2.49 and a beta of 1.16. The company’s fifty day simple moving average is $299.07 and its 200-day simple moving average is $278.83. Marriott International has a 52 week low of $205.40 and a 52 week high of $325.71.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.38 by $0.09. The firm had revenue of $1.73 billion during the quarter, compared to the consensus estimate of $6.46 billion. Marriott International had a negative return on equity of 89.29% and a net margin of 10.07%.Marriott International has set its Q4 2025 guidance at 2.540-2.620 EPS and its FY 2025 guidance at 9.980-10.060 EPS. Equities research analysts expect that Marriott International will post 10.1 EPS for the current fiscal year.

Marriott International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Thursday, November 20th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Thursday, November 20th. Marriott International’s dividend payout ratio (DPR) is 28.30%.

Insider Activity

In other Marriott International news, EVP Peggy Roe sold 2,000 shares of the stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $292.12, for a total transaction of $584,240.00. Following the transaction, the executive vice president owned 17,466 shares of the company’s stock, valued at $5,102,167.92. This trade represents a 10.27% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Felitia Lee sold 1,617 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $305.98, for a total value of $494,769.66. Following the sale, the chief accounting officer directly owned 4,893 shares in the company, valued at approximately $1,497,160.14. This represents a 24.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 88,289 shares of company stock valued at $25,669,425 over the last three months. Company insiders own 10.68% of the company’s stock.

Institutional Investors Weigh In On Marriott International

Institutional investors and hedge funds have recently bought and sold shares of the business. Oppenheimer Asset Management Inc. purchased a new stake in shares of Marriott International during the 2nd quarter worth about $613,000. Swedbank AB grew its stake in shares of Marriott International by 1.3% in the 1st quarter. Swedbank AB now owns 68,429 shares of the company’s stock valued at $16,300,000 after buying an additional 881 shares in the last quarter. Headwater Capital Co Ltd bought a new position in Marriott International during the second quarter valued at approximately $21,857,000. Index Fund Advisors Inc. acquired a new stake in Marriott International in the second quarter valued at approximately $666,000. Finally, Covea Finance grew its position in Marriott International by 120.4% in the third quarter. Covea Finance now owns 113,358 shares of the company’s stock worth $29,523,000 after acquiring an additional 61,918 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.