Marriott International (NASDAQ:MAR) Sets New 12-Month High – Here’s What Happened

Marriott International, Inc. (NASDAQ:MAR) hit a new 52-week high on Friday . The company traded as high as $403.25 and last traded at $398.5420, with a volume of 75959 shares changing hands. The stock had previously closed at $396.89.

Wall Street Analyst Weigh In

MAR has been the topic of several recent research reports. Robert W. Baird cut their price target on Marriott International from $388.00 to $386.00 and set a “neutral” rating on the stock in a research note on Thursday, May 7th. Mizuho boosted their target price on Marriott International from $343.00 to $384.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Sanford C. Bernstein raised their price target on Marriott International from $400.00 to $402.00 and gave the company an “outperform” rating in a report on Friday, May 15th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Marriott International in a research report on Monday, May 11th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Marriott International from $356.00 to $383.00 and gave the company a “neutral” rating in a research report on Tuesday, April 21st. Eight equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $382.07.

Marriott International Price Performance

The stock’s 50-day simple moving average is $364.27 and its two-hundred day simple moving average is $336.56. The firm has a market capitalization of $105.20 billion, a P/E ratio of 41.84, a price-to-earnings-growth ratio of 3.07 and a beta of 1.10.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 EPS for the quarter, beating analysts’ consensus estimates of $2.56 by $0.16. Marriott International had a negative return on equity of 80.97% and a net margin of 9.72%.The company had revenue of $1.81 billion during the quarter, compared to analyst estimates of $6.59 billion. During the same period in the prior year, the company earned $2.32 earnings per share. The firm’s revenue was up 6.2% on a year-over-year basis. Marriott International has set its FY 2026 guidance at 11.380-11.630 EPS and its Q2 2026 guidance at 2.990-3.060 EPS. On average, analysts forecast that Marriott International, Inc. will post 11.64 earnings per share for the current fiscal year.

Marriott International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 22nd will be paid a dividend of $0.73 per share. The ex-dividend date of this dividend is Friday, May 22nd. This is a positive change from Marriott International’s previous quarterly dividend of $0.67. This represents a $2.92 dividend on an annualized basis and a yield of 0.7%. Marriott International’s payout ratio is currently 30.64%.

Insider Activity at Marriott International

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

Institutional Investors Weigh In On Marriott International

Several large investors have recently added to or reduced their stakes in the stock. Parallel Advisors LLC raised its holdings in Marriott International by 4.3% during the 1st quarter. Parallel Advisors LLC now owns 3,876 shares of the company’s stock valued at $1,268,000 after buying an additional 160 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of Marriott International by 3.6% in the 1st quarter. NewEdge Advisors LLC now owns 43,948 shares of the company’s stock worth $14,374,000 after acquiring an additional 1,543 shares during the last quarter. Glenmede Trust Co. NA raised its position in Marriott International by 0.9% in the 1st quarter. Glenmede Trust Co. NA now owns 18,553 shares of the company’s stock worth $6,068,000 after purchasing an additional 159 shares during the period. Verus Capital Partners LLC lifted its stake in Marriott International by 9.4% in the first quarter. Verus Capital Partners LLC now owns 1,568 shares of the company’s stock worth $513,000 after purchasing an additional 135 shares during the last quarter. Finally, Groupe la Francaise purchased a new position in shares of Marriott International during the first quarter valued at approximately $784,000. 70.70% of the stock is owned by institutional investors.

About Marriott International

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.