Marriott International (NASDAQ:MAR) Price Target Raised to $276.00 at Barclays

Marriott International (NASDAQ:MAR) had its price objective upped by Barclays from $274.00 to $276.00 in a research note published on Wednesday morning,Benzinga reports. Barclays currently has an equal weight rating on the stock.

Several other equities analysts have also weighed in on the stock. 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 price objective for the company. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a report on Wednesday, October 8th. The Goldman Sachs Group raised Marriott International from a “neutral” rating to a “buy” rating and upped their price target for the company from $288.00 to $345.00 in a report on Monday. Morgan Stanley reduced their price objective on Marriott International from $302.00 to $296.00 and set an “overweight” rating for the company in a research note on Wednesday, October 22nd. Finally, Robert W. Baird cut their target price on Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 21st. Three equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $297.00.

Marriott International Stock Performance

Shares of MAR stock opened at $310.07 on Wednesday. Marriott International has a 1 year low of $205.40 and a 1 year high of $311.66. The business’s fifty day moving average is $283.42 and its 200-day moving average is $273.02. The stock has a market cap of $83.21 billion, a PE ratio of 32.74, a price-to-earnings-growth ratio of 2.96 and a beta of 1.16.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $2.47 earnings per share for the quarter, beating the consensus estimate of $2.38 by $0.09. The business had revenue of $1.73 billion during 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 and its FY 2025 guidance at 9.980-10.060 EPS. Equities research analysts predict that Marriott International will post 10.1 earnings per share for the current year.

Marriott International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Thursday, November 20th will be issued a dividend of $0.67 per share. The ex-dividend date is Thursday, November 20th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.9%. Marriott International’s payout ratio is currently 28.30%.

Insider Transactions at Marriott International

In other Marriott International news, EVP Peggy Roe sold 2,000 shares of the firm’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $292.12, for a total transaction of $584,240.00. Following the completion of the sale, the executive vice president directly owned 17,466 shares in the company, valued at approximately $5,102,167.92. This trade represents a 10.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Benjamin T. Breland sold 1,650 shares of the company’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $286.10, for a total value of $472,065.00. Following the completion of the transaction, the executive vice president owned 18,225 shares in the company, valued at $5,214,172.50. This represents a 8.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 88,289 shares of company stock worth $25,669,425. 10.68% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Marriott International

Institutional investors and hedge funds have recently modified their holdings of the stock. Oppenheimer Asset Management Inc. acquired a new stake in shares of Marriott International in the 2nd quarter valued at $613,000. Nissay Asset Management Corp Japan ADV lifted its holdings in Marriott International by 9.5% during the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 62,995 shares of the company’s stock valued at $15,005,000 after purchasing an additional 5,482 shares during the last quarter. Permanens Capital L.P. boosted its position in Marriott International by 15.6% in the first quarter. Permanens Capital L.P. now owns 15,396 shares of the company’s stock valued at $3,667,000 after buying an additional 2,076 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Marriott International by 3.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 219,939 shares of the company’s stock worth $52,389,000 after buying an additional 8,149 shares in the last quarter. Finally, Swedbank AB raised its stake in shares of Marriott International by 1.3% in the first quarter. Swedbank AB now owns 68,429 shares of the company’s stock valued at $16,300,000 after acquiring an additional 881 shares during the last quarter. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

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.