Formuepleje A S purchased a new position in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,560 shares of the company’s stock, valued at approximately $1,176,000.
Several other institutional investors and hedge funds have also added to or reduced their stakes in HLT. Empowered Funds LLC purchased a new stake in Hilton Worldwide in the second quarter worth about $10,140,000. Jefferies Financial Group Inc. purchased a new position in shares of Hilton Worldwide during the second quarter valued at approximately $1,909,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Hilton Worldwide by 2.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 200,598 shares of the company’s stock worth $66,290,000 after purchasing an additional 4,700 shares in the last quarter. Allstate Corp grew its stake in shares of Hilton Worldwide by 100.2% in the 4th quarter. Allstate Corp now owns 16,678 shares of the company’s stock worth $4,791,000 after buying an additional 8,348 shares during the last quarter. Finally, Cumberland Partners Ltd increased its position in Hilton Worldwide by 100.0% during the 4th quarter. Cumberland Partners Ltd now owns 15,000 shares of the company’s stock valued at $4,309,000 after buying an additional 7,500 shares in the last quarter. Hedge funds and other institutional investors own 95.90% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on the company. Evercore upgraded Hilton Worldwide from an “in-line” rating to an “outperform” rating in a research note on Tuesday, July 21st. JPMorgan Chase & Co. raised their price target on Hilton Worldwide from $363.00 to $365.00 and gave the company an “overweight” rating in a report on Tuesday, July 21st. Argus upped their price target on shares of Hilton Worldwide from $380.00 to $400.00 and gave the stock a “buy” rating in a research note on Monday, June 15th. Barclays raised their price objective on shares of Hilton Worldwide from $367.00 to $368.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Finally, Wells Fargo & Company lifted their target price 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. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $353.82.
Hilton Worldwide Stock Down 0.1%
Shares of NYSE HLT opened at $310.97 on Monday. The firm’s 50-day moving average price is $325.13 and its 200-day moving average price is $322.11. Hilton Worldwide Holdings Inc. has a 52-week low of $253.54 and a 52-week high of $358.00. The company has a market cap of $69.99 billion, a PE ratio of 45.66, a PEG ratio of 2.51 and a beta of 1.05.
Hilton Worldwide (NYSE:HLT – Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $2.29 earnings per share for the quarter, beating 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 company had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $3.32 billion. During the same quarter in the prior year, the firm earned $2.20 earnings per share. The firm’s revenue for the quarter was up 6.5% compared to the same quarter last year. 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, equities research analysts anticipate that Hilton Worldwide Holdings Inc. will post 9.08 EPS for the current fiscal year.
Hilton Worldwide Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, August 21st will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, August 21st. Hilton Worldwide’s dividend payout ratio (DPR) is 8.81%.
Hilton Worldwide Company 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.
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