Marriott International (NASDAQ:MAR) Earns Outperform Rating from Analysts at CICC Research

Key Points

• CICC Research initiated coverage of Marriott International with an “outperform” rating. Overall analyst sentiment is “Moderate Buy,” with 10 Buy ratings, nine Holds and an average price target of $386.65.
• Marriott shares rose 1.9% to $355.96, while the company’s latest quarterly earnings exceeded expectations at $3.19 per share versus a $3.08 consensus estimate. Revenue increased 4.8% year over year, although the reported revenue figure was well below the stated consensus estimate.
• Institutional investors own 70.70% of Marriott’s stock and several major funds recently increased their positions. An executive separately sold 3,000 shares for approximately $1.08 million, reducing her holdings by 13.14%.

Analysts at CICC Research began coverage on shares of Marriott International (NASDAQ:MAR - Get Free Report) in a research note issued on Wednesday,Benzinga reports. The brokerage set an "outperform" rating on the stock.

Several other equities research analysts have also commented on MAR. Truist Financial raised their price target on shares of Marriott International from $350.00 to $356.00 and gave the company a "hold" rating in a research note on Tuesday, May 26th. BMO Capital Markets cut their target price on Marriott International from $410.00 to $395.00 and set an "outperform" rating for the company in a research report on Tuesday, August 4th. Sanford C. Bernstein set a $412.00 price target on Marriott International in a research report on Monday, June 15th. TD Cowen upped their price objective on Marriott International from $410.00 to $420.00 and gave the company a "buy" rating in a report on Tuesday, July 21st. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of Marriott International in a report on Friday. Ten investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Marriott International has an average rating of "Moderate Buy" and an average target price of $386.65.

Marriott International Trading Up 1.9%

NASDAQ MAR traded up $6.47 during mid-day trading on Wednesday, reaching $355.96. 323,640 shares of the company's stock traded hands, compared to its average volume of 1,587,794. Marriott International has a 1-year low of $256.76 and a 1-year high of $410.98. The company has a fifty day simple moving average of $376.00 and a 200-day simple moving average of $355.89. The company has a market cap of $92.82 billion, a price-to-earnings ratio of 36.89, a P/E/G ratio of 2.70 and a beta of 1.10.

Marriott International (NASDAQ:MAR - Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The company reported $3.19 earnings per share for the quarter, topping analysts' consensus estimates 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 business had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $7.19 billion. During the same quarter last year, the company earned $2.65 earnings per share. The business's quarterly revenue was up 4.8% compared to the same quarter last year. 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. Equities research analysts forecast that Marriott International will post 11.7 earnings per share for the current fiscal year.

Insider Activity at Marriott International

In other news, EVP Peggy Roe sold 3,000 shares of Marriott International stock in a transaction on Monday, May 18th. The stock was sold at an average price of $361.56, for a total transaction of $1,084,680.00. Following the transaction, the executive vice president owned 19,827 shares in the company, valued at approximately $7,168,650.12. The trade was a 13.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 11.43% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Marriott International

A number of large investors have recently made changes to their positions in MAR. Norges Bank bought a new position in Marriott International in the 4th quarter worth approximately $812,570,000. Diamant Asset Management Inc. raised its stake in Marriott International by 32,607.0% during the 1st quarter. Diamant Asset Management Inc. now owns 490,605 shares of the company's stock valued at $16,046,000 after purchasing an additional 489,105 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Marriott International by 37.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,363,845 shares of the company's stock valued at $423,119,000 after purchasing an additional 374,497 shares during the period. Capital International Investors increased its holdings in shares of Marriott International by 7.1% during the 4th quarter. Capital International Investors now owns 4,107,531 shares of the company's stock worth $1,274,475,000 after purchasing an additional 272,250 shares during the period. Finally, Amundi raised its position in shares of Marriott International by 52.0% during the third quarter. Amundi now owns 741,408 shares of the company's stock valued at $201,618,000 after buying an additional 253,696 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.

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