Kingsview Wealth Management LLC Acquires New Position in Hilton Worldwide Holdings Inc. $HLT

Kingsview Wealth Management LLC purchased a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 1,609 shares of the company’s stock, valued at approximately $532,000.

A number of other institutional investors also recently modified their holdings of HLT. Allstate Corp boosted its stake in Hilton Worldwide by 100.2% during the fourth quarter. Allstate Corp now owns 16,678 shares of the company’s stock valued at $4,791,000 after buying an additional 8,348 shares during the period. Cumberland Partners Ltd increased its stake in Hilton Worldwide by 100.0% in the 4th quarter. Cumberland Partners Ltd now owns 15,000 shares of the company’s stock worth $4,309,000 after acquiring an additional 7,500 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Hilton Worldwide by 4.7% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 491,309 shares of the company’s stock valued at $143,944,000 after acquiring an additional 22,249 shares in the last quarter. Amundi raised its holdings in shares of Hilton Worldwide by 4.0% in the 1st quarter. Amundi now owns 1,338,426 shares of the company’s stock valued at $406,989,000 after acquiring an additional 51,767 shares in the last quarter. Finally, Applied Finance Capital Management LLC boosted its position in shares of Hilton Worldwide by 96.7% during the 4th quarter. Applied Finance Capital Management LLC now owns 10,282 shares of the company’s stock valued at $2,954,000 after acquiring an additional 5,055 shares during the last quarter. 95.90% of the stock is currently owned by hedge funds and other institutional investors.

Hilton Worldwide Stock Up 0.1%

NYSE:HLT opened at $322.20 on Monday. The firm has a market capitalization of $72.52 billion, a P/E ratio of 47.31, a P/E/G ratio of 2.73 and a beta of 1.05. The company has a fifty day moving average of $327.95 and a 200 day moving average of $322.35. Hilton Worldwide Holdings Inc. has a 52 week low of $253.54 and a 52 week high of $358.00.

Hilton Worldwide (NYSE:HLT) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $2.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.27 by $0.02. Hilton Worldwide had a net margin of 12.69% and a negative return on equity of 35.24%. The business had revenue of $1.38 billion for the quarter, compared to analyst estimates of $3.32 billion. During the same quarter last year, the firm earned $2.20 EPS. The company’s revenue was up 6.5% on a year-over-year basis. Hilton Worldwide has set its Q3 2026 guidance at 2.280-2.340 EPS and its FY 2026 guidance at 8.890-9.010 EPS. As a group, analysts anticipate that Hilton Worldwide Holdings Inc. will post 9.08 EPS for the current year.

Hilton Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, August 21st will be paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. Hilton Worldwide’s dividend payout ratio (DPR) is presently 8.81%.

Analyst Upgrades and Downgrades

HLT has been the subject of a number of research reports. Evercore raised shares of Hilton Worldwide from an “in-line” rating to an “outperform” rating in a research note on Tuesday, July 21st. China Intl Cap upgraded shares of Hilton Worldwide to a “strong-buy” rating in a research report on Wednesday, August 12th. Wells Fargo & Company lifted their price objective on shares of Hilton Worldwide from $379.00 to $382.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. JPMorgan Chase & Co. upped their target price on shares of Hilton Worldwide from $363.00 to $365.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 21st. Finally, UBS Group restated a “buy” rating and set a $363.00 price target on shares of Hilton Worldwide in a research report on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $353.82.

Hilton Worldwide Profile

Hilton Worldwide Holdings Inc is a global hospitality company that develops, owns, manages and franchises a broad portfolio of hotels and resorts. Its business spans full-service luxury and lifestyle properties, select- and focused-service hotels, and extended-stay accommodations. The company generates revenue through management and franchise fees, owned and leased real estate, and guest services, and supports customer retention and direct bookings through its Hilton Honors guest loyalty program.

Hilton’s brand portfolio includes internationally recognized names across the lodging spectrum, from luxury and upper-upscale brands to midscale and extended-stay offerings.