Truist Financial Issues Positive Forecast for Marriott International (NASDAQ:MAR) Stock Price

Marriott International (NASDAQ:MAR) had its target price hoisted by Truist Financial from $278.00 to $283.00 in a report issued on Thursday morning,Benzinga reports. Truist Financial currently has a hold rating on the stock.

MAR has been the subject of a number of other reports. Robert W. Baird lowered their target price on Marriott International from $287.00 to $285.00 and set a “neutral” rating for the company in a report on Tuesday, October 21st. Wells Fargo & Company initiated coverage on shares of Marriott International in a research report on Tuesday, November 18th. They set an “overweight” rating and a $329.00 target price on the stock. Barclays raised their price target on shares of Marriott International from $262.00 to $274.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 5th. Weiss Ratings reissued a “buy (b-)” rating on shares of Marriott International in a research report on Wednesday, October 8th. Finally, BMO Capital Markets boosted their target price on Marriott International from $280.00 to $285.00 and gave the company a “market perform” rating in a research report on Wednesday, November 5th. Three equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $290.20.

Marriott International Stock Down 3.5%

MAR opened at $296.00 on Thursday. The stock has a market cap of $79.43 billion, a PE ratio of 31.26, a price-to-earnings-growth ratio of 2.96 and a beta of 1.16. Marriott International has a twelve month low of $205.40 and a twelve month high of $309.42. The company has a fifty day moving average of $277.89 and a 200-day moving average of $270.88.

Marriott International (NASDAQ:MAR) last issued 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. Marriott International had a net margin of 10.07% and a negative return on equity of 89.29%. The business had revenue of $1.73 billion for the quarter, compared to analysts’ expectations of $6.46 billion. 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. Sell-side analysts anticipate that Marriott International will post 10.1 EPS for the current fiscal year.

Marriott International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Thursday, November 20th will be issued a dividend of $0.67 per share. 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 payout ratio is currently 28.30%.

Marriott International announced that its Board of Directors has approved a share repurchase program on Thursday, August 7th that authorizes the company to buyback 25,000,000 shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company’s board believes its stock is undervalued.

Insider Buying and Selling

In other Marriott International news, insider William P. Brown sold 6,666 shares of Marriott International stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $280.04, for a total transaction of $1,866,746.64. Following the transaction, the insider directly owned 11,000 shares of the company’s stock, valued at $3,080,440. The trade was a 37.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Deborah Marriott Harrison sold 70,000 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $51,096,492.30. This represents a 28.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 86,672 shares of company stock valued at $25,174,655. 10.68% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Marriott International

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Catalyst Financial Partners LLC lifted its position in Marriott International by 3.3% during the third quarter. Catalyst Financial Partners LLC now owns 1,104 shares of the company’s stock valued at $288,000 after purchasing an additional 35 shares during the period. Pallas Capital Advisors LLC raised its stake in Marriott International by 0.4% during the 2nd quarter. Pallas Capital Advisors LLC now owns 8,649 shares of the company’s stock valued at $2,363,000 after buying an additional 37 shares during the last quarter. Lazari Capital Management Inc. boosted its stake in shares of Marriott International by 1.6% in the 3rd quarter. Lazari Capital Management Inc. now owns 2,356 shares of the company’s stock worth $614,000 after buying an additional 37 shares during the last quarter. CreativeOne Wealth LLC grew its holdings in shares of Marriott International by 2.1% in the first quarter. CreativeOne Wealth LLC now owns 1,831 shares of the company’s stock worth $436,000 after acquiring an additional 38 shares during the period. Finally, L2 Asset Management LLC increased its position in Marriott International by 4.0% during the second quarter. L2 Asset Management LLC now owns 996 shares of the company’s stock valued at $272,000 after acquiring an additional 38 shares during the last quarter. Hedge funds and other 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.