Hilton Worldwide (NYSE:HLT) Hits New 52-Week High - What's Next?

Key Points

• Hilton Worldwide's stock reached a new 52-week high, trading at $279.73, with a last trading price of $277.82 and a market capitalization of $64.95 billion.
• Analysts are optimistic about Hilton, with target price increases from firms like Truist Financial, which raised their target to $246.00, and Jefferies Financial Group, which set a target of $296.00.
• Hilton recently announced a quarterly dividend of $0.15 per share, indicating a low payout ratio of 9.22%, with a dividend yield of 0.2% for shareholders of record by August 29.

Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as $279.73 and last traded at $277.82, with a volume of 213199 shares traded. The stock had previously closed at $276.01.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on HLT. Truist Financial increased their target price on shares of Hilton Worldwide from $223.00 to $246.00 and gave the stock a "hold" rating in a research note on Thursday, July 24th. Robert W. Baird increased their target price on shares of Hilton Worldwide from $276.00 to $278.00 and gave the stock an "outperform" rating in a research note on Thursday, July 24th. Jefferies Financial Group raised shares of Hilton Worldwide from a "hold" rating to a "buy" rating and increased their target price for the stock from $228.00 to $296.00 in a research note on Monday, May 12th. JPMorgan Chase & Co. initiated coverage on shares of Hilton Worldwide in a research note on Monday, June 23rd. They issued an "overweight" rating and a $282.00 price objective for the company. Finally, Dbs Bank raised shares of Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, Hilton Worldwide presently has a consensus rating of "Moderate Buy" and an average price target of $264.40.

Hilton Worldwide Trading Up 0.1%

The stock's fifty day moving average price is $270.14 and its two-hundred day moving average price is $249.67. The firm has a market capitalization of $64.95 billion, a price-to-earnings ratio of 42.44, a price-to-earnings-growth ratio of 2.72 and a beta of 1.21.

Hilton Worldwide (NYSE:HLT - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The company reported $2.20 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.16. The business had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $3.09 billion. Hilton Worldwide had a net margin of 13.84% and a negative return on equity of 46.13%. The company's revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.91 EPS. Hilton Worldwide has set its Q3 2025 guidance at 1.980-2.040 EPS. FY 2025 guidance at 7.830-8.000 EPS. Analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, August 29th. Hilton Worldwide's payout ratio is currently 9.22%.

Insider Buying and Selling at Hilton Worldwide

In other news, insider Christopher W. Silcock sold 11,905 shares of the business's stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $269.40, for a total transaction of $3,207,207.00. Following the completion of the sale, the insider owned 79,451 shares in the company, valued at approximately $21,404,099.40. The trade was a 13.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.60% of the company's stock.

Institutional Trading of Hilton Worldwide

Institutional investors have recently modified their holdings of the stock. Sowell Financial Services LLC purchased a new stake in shares of Hilton Worldwide during the 1st quarter worth approximately $314,000. Artemis Investment Management LLP raised its position in Hilton Worldwide by 3.9% in the 1st quarter. Artemis Investment Management LLP now owns 163,281 shares of the company's stock valued at $37,155,000 after purchasing an additional 6,146 shares during the last quarter. Massachusetts Financial Services Co. MA raised its position in Hilton Worldwide by 8.1% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 4,836,430 shares of the company's stock valued at $1,100,530,000 after purchasing an additional 364,307 shares during the last quarter. Malaga Cove Capital LLC purchased a new stake in Hilton Worldwide in the 1st quarter valued at $316,000. Finally, Flagship Harbor Advisors LLC purchased a new stake in Hilton Worldwide in the 1st quarter valued at $217,000. Hedge funds and other institutional investors own 95.90% of the company's stock.

About Hilton Worldwide

Hilton Worldwide Holdings Inc, a hospitality company, engages in managing, franchising, owning, and leasing hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands. It operates luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brand; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brand; full service hotels under the Signia by Hilton, Hilton Hotels & Resorts, and DoubleTree by Hilton brand; service hotels under the Hilton Garden Inn, Hampton by Hilton, and Tru by Hilton brand; all-suite hotels under the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton brand; and economy hotel under the Spark by Hilton brand, as well as Hilton Grand Vacations.

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