Ritholtz Wealth Management increased its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 89.8% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,412 shares of the company’s stock after buying an additional 7,767 shares during the period. Ritholtz Wealth Management’s holdings in Hilton Worldwide were worth $5,221,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Empowered Funds LLC bought a new position in shares of Hilton Worldwide during the second quarter valued at $10,140,000. Jefferies Financial Group Inc. bought a new position in Hilton Worldwide in the 2nd quarter worth about $1,909,000. Northwestern Mutual Wealth Management Co. boosted its stake in 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. Nykredit A S bought a new position in Hilton Worldwide in the 2nd quarter worth about $41,279,000. Finally, Bank of America Corp DE purchased a new stake in Hilton Worldwide during the 2nd quarter valued at about $1,733,669,000. Institutional investors own 95.90% of the company’s stock.
Analyst Upgrades and Downgrades
A number of analysts have weighed in on HLT shares. Wells Fargo & Company raised their price objective on shares of Hilton Worldwide from $383.00 to $386.00 and gave the company an “overweight” rating in a research note on Wednesday, October 28th. Susquehanna upped their target price on shares of Hilton Worldwide from $345.00 to $360.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 28th. China Intl Cap upgraded shares of Hilton Worldwide to a “strong-buy” rating in a research note on Wednesday, August 12th. The Goldman Sachs Group reiterated a “buy” rating and set a $390.00 price target on shares of Hilton Worldwide in a report on Wednesday, October 28th. Finally, Robert W. Baird raised their price target on shares of Hilton Worldwide from $360.00 to $362.00 and gave the company an “outperform” rating in a research report on Wednesday, October 28th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $365.08.
Get Our Latest Research Report on HLT
Hilton Worldwide Price Performance
Shares of NYSE:HLT opened at $372.73 on Friday. The company has a market cap of $82.93 billion, a P/E ratio of 50.37, a PEG ratio of 2.95 and a beta of 1.08. Hilton Worldwide Holdings Inc. has a 1 year low of $263.95 and a 1 year high of $381.34. The stock’s fifty day moving average price is $333.84 and its 200-day moving average price is $324.10.
Hilton Worldwide (NYSE:HLT – Get Free Report) last released its quarterly earnings data on Tuesday, October 27th. The company reported $2.45 EPS for the quarter, beating the consensus estimate of $2.37 by $0.08. Hilton Worldwide had a negative return on equity of 33.78% and a net margin of 13.40%. The company had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $3.37 billion. During the same period last year, the firm posted $2.11 earnings per share. Hilton Worldwide’s revenue was up 6.6% compared to the same quarter last year. On average, sell-side analysts anticipate that Hilton Worldwide Holdings Inc. will post 9.17 earnings per share for the current year.
Hilton Worldwide Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 29th. Stockholders of record on Tuesday, December 1st will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Tuesday, December 1st. Hilton Worldwide’s dividend payout ratio (DPR) is presently 8.11%.
Top Hilton Worldwide Stories
These are some of the HLT stories that stood out recently:
- Positive Sentiment: Zacks Research modestly raised its FY2026 EPS estimate to $9.12 from $9.01 and its FY2028 forecast to $12.72 from $12.68, with small increases to select quarterly estimates. The revisions suggest some confidence in longer-term earnings growth. Hilton Worldwide analyst estimates
- Neutral Sentiment: The estimate changes were mixed: Zacks cut its FY2027 EPS forecast to $10.22 from $10.37 and lowered several 2027 quarterly estimates, while raising some other quarterly projections. This offers no clear near-term earnings signal. Hilton Worldwide analyst estimates
- Negative Sentiment: Insider Christopher Silcock sold 15,638 shares for about $5.8 million, reducing his holdings by 15.05%. Insider sales can unsettle investors, although the filing does not explain the reason for the transaction. Insider share sale report
Insider Activity at Hilton Worldwide
In other news, insider Laura Fuentes sold 7,289 shares of the business’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $309.81, for a total transaction of $2,258,205.09. Following the completion of the transaction, the insider directly owned 33,458 shares of the company’s stock, valued at $10,365,622.98. The trade was a 17.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Chris Carr sold 439 shares of the stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $310.34, for a total transaction of $136,239.26. Following the transaction, the director owned 8,252 shares in the company, valued at approximately $2,560,925.68. This trade represents a 5.05% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 174,416 shares of company stock worth $61,985,662. 2.70% of the stock is owned by insiders.
Hilton Worldwide Company Profile
Hilton Worldwide Holdings Inc. is a global hospitality company that develops, manages, franchises and licenses hotels and resorts. Its portfolio serves a range of travelers, from luxury and leisure guests to business travelers and extended-stay customers. Hilton also operates a vacation ownership business through Hilton Grand Vacations under a long-term brand and licensing relationship. The company’s brands include Waldorf Astoria, Conrad, Hilton Hotels & Resorts, DoubleTree, Embassy Suites, Hilton Garden Inn, Hampton, Homewood Suites and Hilton Honors, its guest loyalty program.
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