Marriott International (NASDAQ:MAR) Upgraded to Strong-Buy at TD Cowen

Key Points

• TD Cowen upgraded Marriott International to “strong buy,” while other analysts issued mixed ratings. MarketBeat’s consensus remains “Moderate Buy,” with an average price target of $385.88.
• Marriott reported quarterly adjusted EPS of $3.19, beating estimates of $3.08, while revenue rose 4.8% year over year to $2.01 billion.
• MAR opened at $329.07, with a market capitalization of $85.81 billion; institutional investors own approximately 70.7% of the company’s shares.

Marriott International (NASDAQ:MAR - Get Free Report) was upgraded by TD Cowen to a "strong-buy" rating in a report issued on Tuesday, Zacks reports.

MAR has been the topic of several other reports. Barclays cut their target price on Marriott International from $379.00 to $348.00 and set an "equal weight" rating on the stock in a research note on Tuesday, August 4th. Morgan Stanley increased their price objective on Marriott International from $353.00 to $380.00 and gave the stock an "overweight" rating in a report on Friday, July 17th. China Intl Cap raised Marriott International to a "strong-buy" rating in a research note on Wednesday, August 12th. Truist Financial raised their price target on Marriott International from $356.00 to $360.00 and gave the stock a "hold" rating in a research note on Thursday. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Marriott International from $387.00 to $400.00 and gave the company a "neutral" rating in a research report on Tuesday, July 21st. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have assigned a Hold rating to the company's stock. According to MarketBeat, Marriott International currently has a consensus rating of "Moderate Buy" and an average price target of $385.88.

Marriott International Stock Performance

Shares of MAR stock opened at $329.07 on Tuesday. The company has a market capitalization of $85.81 billion, a P/E ratio of 34.10, a PEG ratio of 2.50 and a beta of 1.11. Marriott International has a fifty-two week low of $256.76 and a fifty-two week high of $410.98. The stock has a 50 day moving average price of $358.61 and a two-hundred day moving average price of $357.82.

Marriott International (NASDAQ:MAR - Get Free Report) last issued its earnings results on Monday, August 3rd. The company reported $3.19 EPS for the quarter, topping the consensus estimate of $3.08 by $0.11. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The company had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $7.19 billion. During the same period in the previous year, the firm earned $2.65 earnings per share. The firm's revenue for the quarter was up 4.8% on a year-over-year basis. 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, equities analysts predict that Marriott International will post 11.69 earnings per share for the current year.

Institutional Investors Weigh In On Marriott International

Hedge funds have recently added to or reduced their stakes in the stock. Frederick Financial Consultants LLC increased its holdings in shares of Marriott International by 0.8% during the 4th quarter. Frederick Financial Consultants LLC now owns 3,531 shares of the company's stock valued at $1,095,000 after acquiring an additional 28 shares during the last quarter. World Equity Group Inc. grew its holdings in Marriott International by 2.0% during 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 during the last quarter. Haven Capital Group Inc. raised its position in shares of Marriott International by 0.3% in the first quarter. Haven Capital Group Inc. now owns 10,064 shares of the company's stock valued at $3,292,000 after purchasing an additional 30 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in shares of 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 valued at $808,000 after purchasing an additional 30 shares during the last quarter. Finally, Transamerica Financial Advisors LLC increased its stake 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 worth $37,000 after purchasing an additional 31 shares during the period. 70.70% of the stock is owned by institutional investors.

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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