Marriott International (NASDAQ:MAR) Reaches New 1-Year High After Analyst Upgrade

Marriott International, Inc. (NASDAQ:MAR)’s stock price hit a new 52-week high during mid-day trading on Monday after The Goldman Sachs Group upgraded the stock from a neutral rating to a buy rating. The Goldman Sachs Group now has a $345.00 price target on the stock, up from their previous price target of $288.00. Marriott International traded as high as $310.23 and last traded at $309.5240, with a volume of 1013534 shares trading hands. The stock had previously closed at $298.72.

A number of other analysts have also recently commented on the stock. BMO Capital Markets lifted their target price on shares of Marriott International from $280.00 to $285.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 5th. Weiss Ratings reissued a “buy (b-)” rating on shares of Marriott International in a report on Wednesday, October 8th. Barclays raised their target price on Marriott International from $262.00 to $274.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 5th. Morgan Stanley cut their price objective on shares of Marriott International from $302.00 to $296.00 and set an “overweight” rating for the company in a report on Wednesday, October 22nd. Finally, Robert W. Baird dropped 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 research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $296.87.

Insider Activity at Marriott International

In other news, EVP Peggy Roe sold 2,000 shares of the business’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $292.12, for a total transaction of $584,240.00. Following the transaction, 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Rena Hozore Reiss sold 5,483 shares of the firm’s stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $287.11, for a total transaction of $1,574,224.13. Following the sale, the executive vice president owned 39,360 shares of the company’s stock, valued at approximately $11,300,649.60. The trade was a 12.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 86,672 shares of company stock valued at $25,174,655 in the last three months. Company insiders own 10.68% of the company’s stock.

Institutional Trading of Marriott International

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

Marriott International Stock Performance

The stock has a market capitalization of $83.04 billion, a PE ratio of 32.69, a price-to-earnings-growth ratio of 2.89 and a beta of 1.15. The business’s 50-day moving average is $281.08 and its two-hundred day moving average is $272.15.

Marriott International (NASDAQ:MAR) last released its earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.38 by $0.09. The company had revenue of $1.73 billion for the quarter, compared to analysts’ expectations 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 analysts forecast that Marriott International, Inc. will post 10.1 EPS for the current year.

Marriott International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Thursday, November 20th will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Thursday, November 20th. Marriott International’s dividend payout ratio (DPR) is presently 28.30%.

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.