Marriott International (NASDAQ:MAR) Research Coverage Started at Freedom Broker

Freedom Broker began coverage on shares of Marriott International (NASDAQ:MAR – Free Report) in a research note released on Wednesday morning, MarketBeat.com reports. The brokerage issued a buy rating and a $408.00 price objective on the stock.

Several other brokerages have also recently weighed in on MAR. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Marriott International from $379.00 to $372.00 and set a “hold” rating for the company in a research report on Tuesday, August 4th. Wolfe Research initiated coverage on shares of Marriott International in a report on Wednesday, September 2nd. They set a “hold” rating on the stock. Erste Group Bank started coverage on shares of Marriott International in a report on Thursday, August 27th. They set a “buy” rating on the stock. The Goldman Sachs Group reduced their price objective on shares of Marriott International from $405.00 to $400.00 and set a “buy” rating for the company in a research note on Tuesday, August 4th. Finally, Robert W. Baird lowered their target price on Marriott International from $394.00 to $393.00 and set a “neutral” rating for the company in a report on Tuesday, August 4th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $381.87.

Read Our Latest Stock Analysis on MAR

Marriott International Trading Up 0.6%

Shares of Marriott International stock opened at $388.05 on Wednesday. The stock’s fifty day moving average price is $351.62 and its 200-day moving average price is $362.38. The firm has a market cap of $101.19 billion, a P/E ratio of 35.19, a P/E/G ratio of 2.91 and a beta of 1.17. Marriott International has a 12 month low of $256.76 and a 12 month high of $410.98.

Marriott International (NASDAQ:MAR – Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The company reported $3.19 earnings per share for the quarter, topping analysts’ consensus estimates of $3.08 by $0.11. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The company had revenue of $2.01 billion during the quarter, compared to analyst estimates of $7.19 billion. During the same period in the prior year, the firm earned $2.65 earnings per share. The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. 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. Analysts forecast that Marriott International will post 11.70 earnings per share for the current year.

Marriott International Announces Dividend

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

Insider Buying and Selling

In related news, insider Deborah Harrison sold 3,500 shares of the stock in a transaction that occurred on 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 owned 282,383 shares of the company’s stock, valued at $99,424,230.47. This represents a 1.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider David S. Marriott sold 3,500 shares of the firm’s stock in a transaction that occurred on 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 owned 282,383 shares of the company’s stock, valued at approximately $99,424,230.47. This trade represents a 1.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 11.43% of the stock is owned by insiders.

Hedge Funds Weigh In On Marriott International

A number of large investors have recently made changes to their positions in MAR. Evelyn Partners Investment Management Services Ltd acquired a new stake in shares of Marriott International in the 1st quarter worth $25,000. IMG Wealth Management Inc. increased its position in Marriott International by 100.0% during the 1st quarter. IMG Wealth Management Inc. now owns 82 shares of the company’s stock valued at $27,000 after buying an additional 41 shares in the last quarter. Wilkerson Advisory Group LLC increased its position in Marriott International by 127.0% during the 1st quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company’s stock valued at $27,000 after buying an additional 47 shares in the last quarter. Scarborough Advisors LLC purchased a new stake in Marriott International in the first quarter valued at about $32,000. Finally, Meeder Asset Management Inc. raised its stake in Marriott International by 57.6% in the first quarter. Meeder Asset Management Inc. now owns 104 shares of the company’s stock valued at $34,000 after buying an additional 38 shares during the last quarter. 70.70% of the stock is owned by institutional investors and hedge funds.

Marriott International News Summary

Here are the key news stories impacting Marriott International this week:

About Marriott International

(Get Free Report)

Marriott International, Inc (NASDAQ: MAR) is a global hospitality company that operates, franchises, licenses and manages hotels, resorts, residences and other lodging properties. Its portfolio serves business and leisure travelers across a range of price points, from luxury and premium accommodations to select-service and extended-stay properties.

The company’s brands include The Ritz-Carlton, St. Regis, JW Marriott, W Hotels, The Luxury Collection, EDITION, Marriott Hotels, Sheraton, Westin, Renaissance, Courtyard, Residence Inn, Fairfield by Marriott, SpringHill Suites, AC Hotels, Aloft, Moxy and Element.

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Analyst Recommendations for Marriott International (NASDAQ:MAR)

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