NewEdge Wealth LLC bought a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 21,062 shares of the company’s stock, valued at approximately $6,960,000.
A number of other hedge funds have also made changes to their positions in HLT. BlackRock Inc. bought a new position in Hilton Worldwide during the 2nd quarter valued at about $6,271,258,000. Norges Bank acquired a new position in Hilton Worldwide in the fourth quarter valued at about $803,047,000. Bank of New York Mellon Corp bought a new stake in Hilton Worldwide during the second quarter worth about $437,227,000. Deutsche Bank AG acquired a new stake in shares of Hilton Worldwide during the second quarter worth approximately $272,861,000. Finally, Two Sigma Investments LP raised its stake in shares of Hilton Worldwide by 1,222.9% in the third quarter. Two Sigma Investments LP now owns 820,991 shares of the company’s stock valued at $212,998,000 after acquiring an additional 758,930 shares during the last quarter. Institutional investors and hedge funds own 95.90% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on HLT. Weiss Ratings downgraded Hilton Worldwide from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, August 7th. UBS Group reaffirmed a “buy” rating and set a $363.00 price target on shares of Hilton Worldwide in a report on Friday, August 14th. JPMorgan Chase & Co. increased their target price on Hilton Worldwide from $363.00 to $365.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft upgraded Hilton Worldwide from a “hold” rating to a “buy” rating and set a $365.00 target price for the company in a research note on Wednesday, August 12th. Finally, Susquehanna cut their price target on Hilton Worldwide from $353.00 to $345.00 and set a “neutral” rating for the company in a report on Tuesday, August 11th. One investment 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 data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $353.82.
Hilton Worldwide Price Performance
Shares of Hilton Worldwide stock opened at $334.73 on Thursday. The firm has a 50 day simple moving average of $330.69 and a 200 day simple moving average of $321.33. Hilton Worldwide Holdings Inc. has a fifty-two week low of $253.54 and a fifty-two week high of $358.00. The firm has a market cap of $75.34 billion, a P/E ratio of 49.15, a P/E/G ratio of 2.78 and a beta of 1.05.
Hilton Worldwide (NYSE:HLT – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $2.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.27 by $0.02. The firm had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $3.32 billion. Hilton Worldwide had a negative return on equity of 35.24% and a net margin of 12.69%.The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.20 EPS. 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. On average, sell-side analysts expect that Hilton Worldwide Holdings Inc. will post 9.07 EPS for the current year.
Hilton Worldwide Dividend Announcement
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 dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, August 21st. Hilton Worldwide’s dividend payout ratio is 8.81%.
About Hilton Worldwide
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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