Barclays Cuts Marriott International (NASDAQ:MAR) Price Target to $348.00

Marriott International (NASDAQ:MARFree Report) had its target price lowered by Barclays from $379.00 to $348.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has an equal weight rating on the stock.

MAR has been the topic of a number of other reports. Mizuho raised their target price on shares of Marriott International from $343.00 to $384.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Truist Financial upped their price target on Marriott International from $350.00 to $356.00 and gave the company a “hold” rating in a research report on Tuesday, May 26th. Wells Fargo & Company increased their price target on Marriott International from $446.00 to $449.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Susquehanna upped their target price on Marriott International from $280.00 to $385.00 and gave the company a “neutral” rating in a report on Thursday, April 23rd. Finally, Sanford C. Bernstein set a $412.00 target price on Marriott International in a research note on Monday, June 15th. Nine equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $386.65.

Read Our Latest Stock Analysis on MAR

Marriott International Stock Down 0.5%

Shares of MAR opened at $359.67 on Tuesday. Marriott International has a 52-week low of $256.49 and a 52-week high of $410.98. The stock has a market cap of $93.79 billion, a PE ratio of 37.27, a price-to-earnings-growth ratio of 2.80 and a beta of 1.10. The firm’s fifty day moving average is $377.49 and its two-hundred day moving average is $355.25.

Marriott International (NASDAQ:MARGet Free Report) last posted its quarterly earnings results on Monday, August 3rd. The company reported $3.19 earnings per share for the quarter, topping the consensus estimate of $3.08 by $0.11. The firm had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $7.19 billion. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The company’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period last year, the firm 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. As a group, research analysts anticipate that Marriott International will post 11.7 earnings per share for the current year.

Insider Activity at Marriott International

In other news, EVP Peggy Roe sold 3,000 shares of Marriott International stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $361.56, for a total transaction of $1,084,680.00. Following the sale, the executive vice president owned 19,827 shares of the company’s stock, valued at approximately $7,168,650.12. The trade was a 13.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 11.43% of the company’s stock.

Institutional Investors Weigh In On Marriott International

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Invesco Ltd. lifted its stake in shares of Marriott International by 2.7% in the 4th quarter. Invesco Ltd. now owns 4,440,359 shares of the company’s stock valued at $1,377,577,000 after purchasing an additional 118,504 shares during the last quarter. Capital International Investors increased its position in shares of Marriott International by 7.1% during the 4th quarter. Capital International Investors now owns 4,107,531 shares of the company’s stock worth $1,274,475,000 after purchasing an additional 272,250 shares during the last quarter. Norges Bank purchased a new stake in Marriott International in the 4th quarter valued at about $812,570,000. Price T Rowe Associates Inc. MD lifted its position in Marriott International by 13.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,879,028 shares of the company’s stock valued at $582,952,000 after buying an additional 219,579 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in Marriott International by 1.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,619,423 shares of the company’s stock worth $502,410,000 after buying an additional 19,387 shares during the period. Hedge funds and other institutional investors own 70.70% of the company’s stock.

About Marriott International

(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.

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