Marriott International (NASDAQ:MAR) Price Target Raised to $328.00

Marriott International (NASDAQ:MARFree Report) had its target price upped by Morgan Stanley from $296.00 to $328.00 in a report issued on Friday,Benzinga reports. Morgan Stanley currently has an overweight rating on the stock.

Several other equities research analysts have also commented on MAR. BMO Capital Markets upgraded Marriott International from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from $285.00 to $370.00 in a research note on Friday, January 9th. Robert W. Baird dropped their price target on Marriott International from $287.00 to $285.00 and set a “neutral” rating for the company in a research report on Tuesday, October 21st. Barclays raised their price objective on Marriott International from $276.00 to $320.00 and gave the company an “equal weight” rating in a report on Friday. Sanford C. Bernstein upped their target price on shares of Marriott International from $329.00 to $369.00 and gave the stock an “outperform” rating in a report on Tuesday, January 6th. Finally, The Goldman Sachs Group upgraded shares of Marriott International from a “neutral” rating to a “buy” rating and increased their target price for the company from $288.00 to $345.00 in a research report on Monday, December 15th. Three equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $312.50.

Read Our Latest Research Report on MAR

Marriott International Stock Performance

NASDAQ:MAR opened at $325.88 on Friday. The stock has a market capitalization of $87.45 billion, a PE ratio of 34.41, a P/E/G ratio of 2.54 and a beta of 1.16. Marriott International has a fifty-two week low of $205.40 and a fifty-two week high of $331.09. The company has a fifty day moving average of $304.94 and a two-hundred day moving average of $281.17.

Marriott International (NASDAQ:MARGet Free Report) last released its earnings results on Tuesday, November 4th. The company reported $2.47 EPS for the quarter, topping 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 during 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. Research analysts forecast that Marriott International will post 10.1 earnings per share for the current year.

Marriott International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Thursday, November 20th were issued a $0.67 dividend. The ex-dividend date of this dividend was Thursday, November 20th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.8%. Marriott International’s dividend payout ratio is currently 28.30%.

Insider Activity

In other news, EVP Peggy Roe sold 2,000 shares of Marriott International stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $292.12, for a total transaction of $584,240.00. Following the sale, the executive vice president owned 17,466 shares of the company’s stock, valued at approximately $5,102,167.92. The trade was a 10.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Felitia Lee sold 1,617 shares of the stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $305.98, for a total value of $494,769.66. Following the completion of the transaction, the chief accounting officer owned 4,893 shares of the company’s stock, valued at $1,497,160.14. The trade was a 24.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 88,289 shares of company stock valued at $25,669,425 in the last quarter. Insiders own 10.68% of the company’s stock.

Hedge Funds Weigh In On Marriott International

Several large investors have recently modified their holdings of MAR. Triumph Capital Management acquired a new stake in shares of Marriott International during the 3rd quarter worth about $28,000. AlphaQuest LLC boosted its stake in Marriott International by 2,750.0% during the second quarter. AlphaQuest LLC now owns 114 shares of the company’s stock worth $31,000 after buying an additional 110 shares during the period. Addison Advisors LLC acquired a new stake in shares of Marriott International during the second quarter valued at about $34,000. Darwin Wealth Management LLC purchased a new stake in shares of Marriott International in the 2nd quarter valued at approximately $37,000. Finally, Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of Marriott International in the 2nd quarter worth approximately $38,000. Institutional investors and hedge funds own 70.70% of the company’s stock.

Key Stories Impacting Marriott International

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

Marriott International Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Marriott International (NASDAQ:MAR)

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