Marriott International (NASDAQ:MAR) Research Coverage Started at Wolfe Research

Wolfe Research initiated coverage on shares of Marriott International (NASDAQ:MAR) in a research note published on Wednesday morning, Marketbeat reports. The firm issued a hold rating on the stock.

A number of other equities analysts also recently weighed in on MAR. Mizuho dropped their target price on Marriott International from $384.00 to $374.00 and set a “neutral” rating on the stock in a report on Tuesday, August 4th. Barclays lowered their price objective on shares of Marriott International from $379.00 to $348.00 and set an “equal weight” rating on the stock in a research report on Tuesday, August 4th. Robert W. Baird dropped their price objective 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. TD Cowen lifted their target price on shares of Marriott International from $410.00 to $420.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st. Finally, Sanford C. Bernstein set a $412.00 price target on shares of Marriott International in a report on Monday, June 15th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, Marriott International currently has an average rating of “Moderate Buy” and a consensus price target of $385.65.

Marriott International Stock Up 0.1%

MAR opened at $336.51 on Wednesday. The firm has a market capitalization of $87.75 billion, a P/E ratio of 34.87, a PEG ratio of 2.53 and a beta of 1.11. The stock has a fifty day moving average of $361.82 and a 200-day moving average of $358.41. Marriott International has a 12-month low of $256.76 and a 12-month high of $410.98.

Marriott International (NASDAQ:MAR) last issued 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. The business had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $7.19 billion. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.Marriott International’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.65 earnings per share. 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. On average, analysts expect that Marriott International will post 11.7 earnings per share for the current fiscal year.

Marriott International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, August 20th will be given a dividend of $0.73 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.92 dividend on an annualized basis and a yield of 0.9%. Marriott International’s payout ratio is currently 30.26%.

Institutional Investors Weigh In On Marriott International

Several hedge funds have recently modified their holdings of MAR. California State Teachers Retirement System raised its holdings in Marriott International by 43,255.9% in the 2nd quarter. California State Teachers Retirement System now owns 114,540,104 shares of the company’s stock valued at $42,447,417,000 after acquiring an additional 114,275,918 shares in the last quarter. Norges Bank bought a new stake in shares of Marriott International during the fourth quarter valued at approximately $812,570,000. Diamant Asset Management Inc. raised its stake 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 valued at $16,046,000 after purchasing an additional 489,105 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Marriott International by 37.9% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,363,845 shares of the company’s stock worth $423,119,000 after purchasing an additional 374,497 shares during the period. Finally, Capital International Investors boosted its stake in Marriott International by 7.1% during the fourth quarter. Capital International Investors now owns 4,107,531 shares of the company’s stock worth $1,274,475,000 after buying an additional 272,250 shares in the last quarter. 70.70% of the stock is owned by institutional investors.

About Marriott International

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.