Marriott International (NASDAQ:MAR) Hits New 1-Year High – Here’s What Happened

Marriott International, Inc. (NASDAQ:MAR) shares hit a new 52-week high on Tuesday . The stock traded as high as $317.42 and last traded at $317.7690, with a volume of 180889 shares trading hands. The stock had previously closed at $311.03.

Analysts Set New Price Targets

Several analysts have recently commented on MAR shares. Morgan Stanley decreased their price objective on Marriott International from $302.00 to $296.00 and set an “overweight” rating for the company in a report on Wednesday, October 22nd. BMO Capital Markets increased their price target on Marriott International from $280.00 to $285.00 and gave the company a “market perform” rating in a research note on Wednesday, November 5th. Weiss Ratings restated a “buy (b-)” rating on shares of Marriott International in a research note on Wednesday, October 8th. Wells Fargo & Company began coverage on shares of Marriott International in a research report on Tuesday, November 18th. They issued an “overweight” rating and a $329.00 price objective for the company. Finally, Truist Financial boosted their target price on shares of Marriott International from $278.00 to $283.00 and gave the stock a “hold” rating in a research report on Thursday, December 4th. Three investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $297.00.

Marriott International Stock Performance

The firm has a market capitalization of $85.47 billion, a price-to-earnings ratio of 33.62, a PEG ratio of 2.65 and a beta of 1.16. The firm’s 50 day simple moving average is $295.57 and its 200 day simple moving average is $277.79.

Marriott International (NASDAQ:MAR) last issued 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 firm had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $6.46 billion. Marriott International had a net margin of 10.07% and a negative return on equity of 89.29%. 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. As a group, sell-side analysts forecast that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Thursday, November 20th were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 0.8%. The ex-dividend date was Thursday, November 20th. Marriott International’s dividend payout ratio (DPR) is currently 28.30%.

Insider Transactions at Marriott International

In other news, insider William P. Brown sold 6,666 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $280.04, for a total transaction of $1,866,746.64. Following the completion of the transaction, the insider directly owned 11,000 shares of the company’s stock, valued at $3,080,440. This represents a 37.73% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Peggy Roe sold 2,000 shares of Marriott International stock in a transaction 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 completion of the sale, the executive vice president directly owned 17,466 shares in the company, valued at $5,102,167.92. This represents a 10.27% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 88,289 shares of company stock worth $25,669,425. Insiders own 10.68% of the company’s stock.

Institutional Trading of Marriott International

Several institutional investors have recently modified their holdings of MAR. Catalyst Financial Partners LLC raised its position in shares of Marriott International by 3.3% during the 3rd quarter. Catalyst Financial Partners LLC now owns 1,104 shares of the company’s stock worth $288,000 after purchasing an additional 35 shares during the last quarter. Pallas Capital Advisors LLC boosted its stake in shares of Marriott International by 0.4% in the second quarter. Pallas Capital Advisors LLC now owns 8,649 shares of the company’s stock worth $2,363,000 after acquiring an additional 37 shares during the last quarter. Lazari Capital Management Inc. increased its position in shares of Marriott International by 1.6% during the third quarter. Lazari Capital Management Inc. now owns 2,356 shares of the company’s stock worth $614,000 after purchasing an additional 37 shares in the last quarter. L2 Asset Management LLC raised its stake in Marriott International by 4.0% in the 2nd quarter. L2 Asset Management LLC now owns 996 shares of the company’s stock valued at $272,000 after purchasing an additional 38 shares during the last quarter. Finally, Valmark Advisers Inc. boosted its stake in Marriott International by 1.6% during the 2nd quarter. Valmark Advisers Inc. now owns 2,462 shares of the company’s stock worth $673,000 after purchasing an additional 39 shares during the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

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.