Marriott International (NASDAQ:MAR) Now Covered by Wells Fargo & Company

Wells Fargo & Company started coverage on shares of Marriott International (NASDAQ:MAR) in a research report sent to investors on Tuesday morning, MarketBeat.com reports. The firm issued an overweight rating and a $329.00 target price on the stock.

A number of other analysts also recently weighed in on the company. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a report on Wednesday, October 8th. Robert W. Baird cut their price objective on Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 21st. Morgan Stanley decreased their target price on shares of Marriott International from $302.00 to $296.00 and set an “overweight” rating for the company in a research report on Wednesday, October 22nd. Barclays upped their price objective on shares of Marriott International from $262.00 to $274.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 5th. Finally, BMO Capital Markets boosted their target price on shares of Marriott International from $280.00 to $285.00 and gave the company a “market perform” rating in a report on Wednesday, November 5th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, Marriott International presently has an average rating of “Moderate Buy” and a consensus price target of $289.87.

Marriott International Stock Up 0.0%

NASDAQ MAR opened at $282.90 on Tuesday. Marriott International has a twelve month low of $205.40 and a twelve month high of $307.52. The business’s fifty day moving average is $269.60 and its 200 day moving average is $267.99. The company has a market cap of $75.92 billion, a price-to-earnings ratio of 29.87, a price-to-earnings-growth ratio of 2.74 and a beta of 1.36.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings results on Tuesday, November 4th. The company reported $2.47 EPS for the quarter, beating analysts’ consensus estimates of $2.38 by $0.09. The firm had revenue of $1.73 billion for the quarter, compared to analyst estimates 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. FY 2025 guidance at 9.980-10.060 EPS. On average, research analysts anticipate that Marriott International will post 10.1 earnings per share for the current fiscal year.

Marriott International announced that its board has approved a stock buyback plan on Thursday, August 7th that permits the company to buyback 25,000,000 shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

Marriott International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Thursday, November 20th will be paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Thursday, November 20th. Marriott International’s dividend payout ratio (DPR) is 28.30%.

Insider Buying and Selling

In other Marriott International news, insider Deborah Marriott Harrison sold 70,000 shares of the business’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $291.63, for a total transaction of $20,414,100.00. Following the completion of the sale, the insider owned 175,210 shares in the company, valued at approximately $51,096,492.30. The trade was a 28.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Rena Hozore Reiss sold 5,483 shares of Marriott International stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $287.11, for a total transaction of $1,574,224.13. Following the transaction, the executive vice president owned 39,360 shares of the company’s stock, valued at $11,300,649.60. This represents a 12.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 85,799 shares of company stock worth $24,911,376 over the last quarter. Corporate insiders own 10.68% of the company’s stock.

Institutional Investors Weigh In On Marriott International

Institutional investors have recently bought and sold shares of the stock. Brighton Jones LLC grew its stake in shares of Marriott International by 2.5% in the 4th quarter. Brighton Jones LLC now owns 8,887 shares of the company’s stock worth $2,479,000 after acquiring an additional 218 shares in the last quarter. Kestra Private Wealth Services LLC boosted its holdings in Marriott International by 10.0% during the first quarter. Kestra Private Wealth Services LLC now owns 7,110 shares of the company’s stock worth $1,694,000 after purchasing an additional 648 shares during the last quarter. J.W. Cole Advisors Inc. grew its position in Marriott International by 53.9% in the 1st quarter. J.W. Cole Advisors Inc. now owns 6,551 shares of the company’s stock worth $1,560,000 after purchasing an additional 2,295 shares in the last quarter. Hazlett Burt & Watson Inc. increased its stake in Marriott International by 32.9% in the 1st quarter. Hazlett Burt & Watson Inc. now owns 295 shares of the company’s stock valued at $70,000 after buying an additional 73 shares during the last quarter. Finally, HighPoint Advisor Group LLC lifted its position in shares of Marriott International by 89.4% during the 1st quarter. HighPoint Advisor Group LLC now owns 10,899 shares of the company’s stock worth $2,612,000 after buying an additional 5,144 shares in the last quarter. Institutional investors own 70.70% of the company’s stock.

Marriott International Company Profile

Marriott International, Inc engages in operating, franchising, and licensing hotel, residential, timeshare, and other lodging properties worldwide. It operates its properties under the JW Marriott, The Ritz-Carlton, The Luxury Collection, W Hotels, St. Regis, EDITION, Bvlgari, Marriott Hotels, Sheraton, Westin, Autograph Collection, Renaissance Hotels, Le Méridien, Delta Hotels by Marriott, Tribute Portfolio, Gaylord Hotels, Design Hotels, Marriott Executive Apartments, Apartments by Marriott Bonvoy, Courtyard by Marriott, Fairfield by Marriott, Residence Inn by Marriott, SpringHill Suites by Marriott, Four Points by Sheraton, TownePlace Suites by Marriott, Aloft Hotels, AC Hotels by Marriott, Moxy Hotels, Element Hotels, Protea Hotels by Marriott, City Express by Marriott, and St.