Hyatt Hotels Corporation $H Stock: Factory Mutual Insurance Co. Grows Stake

Factory Mutual Insurance Co. grew its stake in shares of Hyatt Hotels Corporation (NYSE:H) by 98.8% in the third quarter, Holdings Channel reports. The firm owned 239,598 shares of the company’s stock after acquiring an additional 119,050 shares during the period. Factory Mutual Insurance Co.’s holdings in Hyatt Hotels were worth $37,991,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC increased its stake in Hyatt Hotels by 19.3% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 296,133 shares of the company’s stock worth $42,608,000 after buying an additional 48,002 shares during the period. Bank of New York Mellon Corp purchased a new stake in Hyatt Hotels in the 2nd quarter valued at about $56,408,000. Amundi boosted its position in Hyatt Hotels by 70.9% in the 1st quarter. Amundi now owns 189,272 shares of the company’s stock valued at $27,215,000 after buying an additional 78,544 shares during the period. Quantinno Capital Management LP grew its stake in Hyatt Hotels by 5.2% in the 1st quarter. Quantinno Capital Management LP now owns 158,946 shares of the company’s stock worth $22,855,000 after acquiring an additional 7,835 shares in the last quarter. Finally, Swiss National Bank grew its stake in Hyatt Hotels by 6.4% in the 1st quarter. Swiss National Bank now owns 122,700 shares of the company’s stock worth $17,643,000 after acquiring an additional 7,400 shares in the last quarter. 73.54% of the stock is currently owned by institutional investors.

Insider Activity

In other Hyatt Hotels news, Director Susan Kronick sold 1,700 shares of the business’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $179.88, for a total value of $305,796.00. Following the completion of the transaction, the director directly owned 29,525 shares in the company, valued at approximately $5,310,957. The trade was a 5.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Amar Lalvani sold 1,364 shares of the stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $163.06, for a total transaction of $222,413.84. Following the sale, the insider directly owned 4,894 shares of the company’s stock, valued at approximately $798,015.64. The trade was a 21.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 23.60% of the stock is owned by insiders.

Key Stories Impacting Hyatt Hotels

Here are the key news stories impacting Hyatt Hotels this week:

• Positive Sentiment: Freedom Broker raised its price target to $206 and maintained a “buy” rating, signaling a more optimistic view of Hyatt’s shares. Freedom Broker rating
• Positive Sentiment: Hyatt is adding Impression Isla Mujeres to The Unbound Collection, expanding its distinctive hotel portfolio and potentially broadening its appeal to travelers. Impression Isla Mujeres joins The Unbound Collection
• Positive Sentiment: Hyatt is relaunching its Leverage platform for small and midsize businesses using Spotnana technology. The updated platform could help Hyatt compete for business-travel bookings. Leverage platform relaunch
• Neutral Sentiment: Baird raised its price target to $194 but kept a “neutral” rating, reflecting a modestly higher valuation outlook without a change in its overall stance. Baird rating
• Neutral Sentiment: Stephen Ho will take over as group president for Asia Pacific in 2027, while current regional leader David Udell becomes a senior advisor. The planned transition may support continuity, though its financial impact is unclear. Asia Pacific leadership change
• Neutral Sentiment: A proposed free-fall ride above Times Square would give a large new hotel a distinctive attraction. It may help differentiate the property, but the article does not establish the likely effect on Hyatt’s overall results. Times Square hotel attraction
• Negative Sentiment: Hyatt priced $400 million of senior notes due 2033 at a 5.95% fixed interest rate. The financing provides capital, but the debt and interest expense could weigh on earnings; the stated use of proceeds was not fully provided in the announcement. Senior notes offering

Hyatt Hotels Stock Down 0.3%

Shares of Hyatt Hotels stock opened at $185.47 on Wednesday. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.63 and a quick ratio of 0.63. Hyatt Hotels Corporation has a 1 year low of $134.73 and a 1 year high of $206.86. The firm’s 50-day moving average is $166.01 and its two-hundred day moving average is $170.01. The stock has a market cap of $17.48 billion, a price-to-earnings ratio of 96.10 and a beta of 1.37.

Hyatt Hotels (NYSE:H) last posted its earnings results on Thursday, October 29th. The company reported $1.27 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.51. Hyatt Hotels had a net margin of 2.62% and a return on equity of 11.63%. The business had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.75 billion. During the same quarter last year, the firm posted ($0.30) EPS. The company’s revenue for the quarter was down 2.4% on a year-over-year basis. As a group, research analysts expect that Hyatt Hotels Corporation will post 3.70 earnings per share for the current fiscal year.

Hyatt Hotels Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 7th. Shareholders of record on Monday, November 23rd will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.3%. The ex-dividend date is Monday, November 23rd. Hyatt Hotels’s payout ratio is 31.09%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Barclays raised their target price on shares of Hyatt Hotels from $202.00 to $207.00 and gave the stock an “overweight” rating in a research report on Friday, October 30th. Freedom Broker boosted their price target on Hyatt Hotels from $192.00 to $206.00 and gave the company a “buy” rating in a report on Monday. The Goldman Sachs Group reissued a “buy” rating and issued a $215.00 price objective on shares of Hyatt Hotels in a research note on Friday. Susquehanna reduced their price objective on Hyatt Hotels from $185.00 to $180.00 and set a “neutral” rating on the stock in a report on Tuesday, October 13th. Finally, JPMorgan Chase & Co. decreased their target price on Hyatt Hotels from $207.00 to $206.00 and set an “overweight” rating for the company in a research report on Friday, October 30th. Eleven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $200.62.

Hyatt Hotels Profile

Hyatt Hotels Corporation is a global hospitality company that develops, owns, manages, franchises and licenses hotels, resorts, vacation properties and other lodging-related businesses. Its portfolio serves business and leisure travelers across full-service, select-service, luxury, lifestyle, wellness, all-inclusive and extended-stay segments.

The company operates a broad collection of brands, including Park Hyatt, Grand Hyatt, Hyatt Regency, Andaz, Thompson Hotels, Hyatt Centric, Hyatt Place, Hyatt House, Miraval, Alila, Destination by Hyatt and The Unbound Collection by Hyatt.