Hilton Worldwide (NYSE:HLT) Price Target Raised to $297.00

Hilton Worldwide (NYSE:HLT) had its price objective upped by Barclays from $288.00 to $297.00 in a research note issued to investors on Thursday morning,Benzinga reports. The firm currently has an overweight rating on the stock.

Several other research analysts also recently commented on HLT. Sanford C. Bernstein lifted their price objective on Hilton Worldwide from $261.00 to $288.00 and gave the stock a “market perform” rating in a report on Tuesday, September 16th. Raymond James Financial lifted their price target on Hilton Worldwide from $275.00 to $300.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. Macquarie increased their price objective on Hilton Worldwide from $240.00 to $258.00 and gave the company a “neutral” rating in a research note on Wednesday, July 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Hilton Worldwide in a research note on Wednesday, October 8th. Finally, Evercore ISI upped their price target on shares of Hilton Worldwide from $270.00 to $280.00 and gave the company an “in-line” rating in a report on Tuesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $277.75.

Hilton Worldwide Stock Performance

Shares of HLT opened at $267.84 on Thursday. Hilton Worldwide has a fifty-two week low of $196.04 and a fifty-two week high of $279.80. The firm has a market cap of $62.25 billion, a price-to-earnings ratio of 38.76, a PEG ratio of 2.81 and a beta of 1.19. The firm has a 50 day moving average price of $267.99 and a 200-day moving average price of $256.73.

Hilton Worldwide (NYSE:HLT) last released its earnings results on Wednesday, October 22nd. The company reported $2.11 EPS for the quarter, beating the consensus estimate of $2.05 by $0.06. The company had revenue of $3.12 billion for the quarter, compared to analyst estimates of $3.01 billion. Hilton Worldwide had a net margin of 14.19% and a negative return on equity of 42.78%. The firm’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.92 EPS. Hilton Worldwide has set its Q4 2025 guidance at 1.940-2.030 EPS. FY 2025 guidance at 7.970-8.060 EPS. As a group, equities research analysts predict that Hilton Worldwide will post 7.89 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 29th. Shareholders of record on Friday, November 21st will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, November 21st. Hilton Worldwide’s payout ratio is presently 8.68%.

Insider Buying and Selling at Hilton Worldwide

In other news, insider Christopher W. Silcock sold 11,905 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $269.40, for a total value of $3,207,207.00. Following the completion of the transaction, the insider owned 79,451 shares of the company’s stock, valued at approximately $21,404,099.40. This represents a 13.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.60% of the company’s stock.

Hedge Funds Weigh In On Hilton Worldwide

Institutional investors have recently added to or reduced their stakes in the company. Clearstead Trust LLC purchased a new position in Hilton Worldwide during the second quarter valued at $30,000. Sagard Holdings Management Inc. bought a new stake in shares of Hilton Worldwide in the 2nd quarter worth $30,000. Bank of Jackson Hole Trust raised its stake in shares of Hilton Worldwide by 132.7% in the second quarter. Bank of Jackson Hole Trust now owns 128 shares of the company’s stock worth $34,000 after purchasing an additional 73 shares during the last quarter. Atlantic Edge Private Wealth Management LLC lifted its holdings in shares of Hilton Worldwide by 52.9% during the third quarter. Atlantic Edge Private Wealth Management LLC now owns 130 shares of the company’s stock valued at $34,000 after purchasing an additional 45 shares in the last quarter. Finally, Cullen Frost Bankers Inc. boosted its position in shares of Hilton Worldwide by 59.8% during the second quarter. Cullen Frost Bankers Inc. now owns 139 shares of the company’s stock valued at $37,000 after buying an additional 52 shares during the last quarter. Institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Company Profile

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.