Marriott International (NASDAQ:MAR) Price Target Raised to $360.00 at Truist Financial

Key Points

• Truist Financial raised Marriott International’s price target from $356 to $360 while maintaining a “hold” rating, implying approximately 9% upside from the reported share price.
• Analyst sentiment remains generally positive, with Marriott carrying a consensus “Moderate Buy” rating and an average price target of $385.88.
• Marriott shares fell 0.4% to $330.24 during Thursday trading. The company recently beat quarterly EPS estimates, reporting $3.19 versus the $3.08 consensus, while institutional investors own 70.7% of its stock.

Marriott International (NASDAQ:MAR - Get Free Report) had its price target hoisted by investment analysts at Truist Financial from $356.00 to $360.00 in a note issued to investors on Thursday, Benzinga reports. The brokerage presently has a "hold" rating on the stock. Truist Financial's price target would suggest a potential upside of 9.01% from the company's current price.

A number of other brokerages have also commented on MAR. Sanford C. Bernstein set a $412.00 price target on Marriott International in a research note on Monday, June 15th. Wolfe Research assumed coverage on shares of Marriott International in a report on Wednesday, September 2nd. They issued a "hold" rating for the company. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Marriott International in a research note on Friday, August 7th. Stifel Nicolaus increased their price target on shares of Marriott International from $352.00 to $365.00 and gave the stock a "hold" rating in a research note on Friday, July 17th. Finally, TD Cowen raised their price objective on shares of Marriott International from $410.00 to $420.00 and gave the stock a "buy" rating in a report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and ten have given a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $385.88.

Marriott International Stock Down 0.4%

Shares of NASDAQ:MAR traded down $1.28 during midday trading on Thursday, hitting $330.24. 442,130 shares of the stock traded hands, compared to its average volume of 1,568,801. The business's 50 day moving average is $359.48 and its two-hundred day moving average is $357.95. The stock has a market capitalization of $86.12 billion, a PE ratio of 34.20, a P/E/G ratio of 2.48 and a beta of 1.11. Marriott International has a one year low of $256.76 and a one year high of $410.98.

Marriott International (NASDAQ:MAR - Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The company reported $3.19 EPS for the quarter, beating analysts' consensus estimates of $3.08 by $0.11. The business had revenue of $2.01 billion during the quarter, compared to analyst estimates of $7.19 billion. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.Marriott International's quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.65 EPS. 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, sell-side analysts forecast that Marriott International will post 11.7 earnings per share for the current year.

Institutional Investors Weigh In On Marriott International

Several hedge funds have recently bought and sold shares of the business. Evelyn Partners Investment Management Services Ltd purchased a new stake in shares of Marriott International in the 1st quarter worth approximately $25,000. IMG Wealth Management Inc. grew its stake in shares of Marriott International by 100.0% in the first quarter. IMG Wealth Management Inc. now owns 82 shares of the company's stock worth $27,000 after acquiring an additional 41 shares during the last quarter. Wilkerson Advisory Group LLC increased its holdings in shares of Marriott International by 127.0% during the first quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company's stock valued at $27,000 after acquiring an additional 47 shares in the last quarter. Kemnay Advisory Services Inc. purchased a new position in shares of Marriott International in the 4th quarter worth about $27,000. Finally, McMillan Office Inc. bought a new position in Marriott International in the 4th quarter worth about $27,000. Institutional investors own 70.70% of the company's stock.

Marriott International Company Profile

Marriott International, Inc is a global hospitality company that operates, franchises, licenses and manages hotels, resorts and other lodging properties. Its portfolio includes full-service, luxury, select-service and extended-stay accommodations, as well as branded residences, timeshare properties and vacation experiences. Marriott also provides food and beverage, meeting and event services through many of its properties.

The company's brands include Marriott Hotels, The Ritz-Carlton, St.

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