Marriott International (NASDAQ:MAR) Coverage Initiated at CICC Research

Equities research analysts at CICC Research assumed coverage on shares of Marriott International (NASDAQ:MARGet Free Report) in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage set an “outperform” rating on the stock.

MAR has been the topic of a number of other reports. Barclays lowered their price target on Marriott International from $379.00 to $348.00 and set an “equal weight” rating on the stock in a research report on Tuesday, August 4th. Robert W. Baird dropped their target price on shares of Marriott International from $394.00 to $393.00 and set a “neutral” rating for the company in a research report on Tuesday, August 4th. Mizuho reduced their price target on shares of Marriott International from $384.00 to $374.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 4th. BMO Capital Markets dropped their price objective on shares of Marriott International from $410.00 to $395.00 and set an “outperform” rating for the company in a report on Tuesday, August 4th. Finally, Truist Financial increased their price target on Marriott International from $350.00 to $356.00 and gave the stock a “hold” rating in a research report on Tuesday, May 26th. Ten equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $386.65.

Check Out Our Latest Analysis on MAR

Marriott International Stock Performance

Shares of NASDAQ:MAR traded up $6.47 during midday trading on Wednesday, reaching $355.96. 323,640 shares of the company’s stock were exchanged, compared to its average volume of 1,587,794. The company’s 50 day simple moving average is $376.00 and its two-hundred day simple moving average is $355.89. Marriott International has a 12 month low of $256.76 and a 12 month high of $410.98. The firm has a market capitalization of $92.82 billion, a PE ratio of 36.89, a price-to-earnings-growth ratio of 2.70 and a beta of 1.10.

Marriott International (NASDAQ:MARGet Free Report) last posted its quarterly earnings results on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.08 by $0.11. The firm had revenue of $2.01 billion during the quarter, compared to analyst estimates 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 quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the business 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. On average, research analysts anticipate that Marriott International will post 11.7 earnings per share for the current year.

Insider Buying and Selling

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

Institutional Trading of Marriott International

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Frederick Financial Consultants LLC lifted its stake in Marriott International by 0.8% in the 4th quarter. Frederick Financial Consultants LLC now owns 3,531 shares of the company’s stock worth $1,095,000 after purchasing an additional 28 shares in the last quarter. World Equity Group Inc. grew its holdings in shares of Marriott International by 2.0% in the second quarter. World Equity Group Inc. now owns 1,437 shares of the company’s stock valued at $533,000 after purchasing an additional 28 shares in the last quarter. Haven Capital Group Inc. increased its holdings in shares of Marriott International by 0.3% in the 1st quarter. Haven Capital Group Inc. now owns 10,064 shares of the company’s stock worth $3,292,000 after buying an additional 30 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in Marriott International by 1.2% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,472 shares of the company’s stock worth $808,000 after purchasing an additional 30 shares during the last quarter. Finally, Transamerica Financial Advisors LLC boosted its holdings in shares of Marriott International by 34.8% in the fourth quarter. Transamerica Financial Advisors LLC now owns 120 shares of the company’s stock valued at $37,000 after purchasing an additional 31 shares during the period. 70.70% of the stock is currently owned by institutional investors and hedge funds.

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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Analyst Recommendations for Marriott International (NASDAQ:MAR)

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