Northwestern Mutual Wealth Management Co. Boosts Stock Position in Hilton Worldwide Holdings Inc. $HLT

Northwestern Mutual Wealth Management Co. raised its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report) by 2.4% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 200,598 shares of the company’s stock after acquiring an additional 4,700 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.09% of Hilton Worldwide worth $66,290,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Frazier Financial Advisors LLC bought a new position in shares of Hilton Worldwide in the second quarter worth about $25,000. IMG Wealth Management Inc. purchased a new stake in Hilton Worldwide in the 2nd quarter valued at about $26,000. Trust Co. of Vermont bought a new position in Hilton Worldwide in the 2nd quarter worth about $26,000. Kemnay Advisory Services Inc. purchased a new position in shares of Hilton Worldwide during the fourth quarter worth approximately $26,000. Finally, Elevation Wealth Partners LLC boosted its holdings in shares of Hilton Worldwide by 1,128.6% in the second quarter. Elevation Wealth Partners LLC now owns 86 shares of the company’s stock valued at $28,000 after purchasing an additional 79 shares during the period. 95.90% of the stock is currently owned by institutional investors.

Hilton Worldwide Stock Down 1.4%

Shares of NYSE HLT opened at $311.83 on Wednesday. Hilton Worldwide Holdings Inc. has a 52 week low of $253.54 and a 52 week high of $358.00. The business’s 50 day moving average price is $326.75 and its 200 day moving average price is $322.20. The firm has a market cap of $70.18 billion, a P/E ratio of 45.79, a P/E/G ratio of 2.68 and a beta of 1.05.

Hilton Worldwide (NYSE:HLTGet Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $2.29 EPS for the quarter, beating the consensus estimate of $2.27 by $0.02. The business had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $3.32 billion. Hilton Worldwide had a net margin of 12.69% and a negative return on equity of 35.24%. The business’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same period in the previous year, the business posted $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. As a group, research analysts expect that Hilton Worldwide Holdings Inc. will post 9.08 earnings per share for the current year.

Hilton Worldwide Announces Dividend

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

Wall Street Analyst Weigh In

HLT has been the topic of several research reports. CICC Research initiated coverage on Hilton Worldwide in a report on Wednesday, August 12th. They set an “outperform” rating on the stock. Wells Fargo & Company increased their price target on Hilton Worldwide from $379.00 to $382.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Argus lifted their price objective on Hilton Worldwide from $380.00 to $400.00 and gave the company a “buy” rating in a report on Monday, June 15th. Evercore raised shares of Hilton Worldwide from an “in-line” rating to an “outperform” rating in a research note on Tuesday, July 21st. Finally, Sanford C. Bernstein dropped their target price on shares of Hilton Worldwide from $322.00 to $320.00 and set a “market perform” rating on the stock in a report on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $353.82.

View Our Latest Analysis on Hilton Worldwide

About Hilton Worldwide

(Free Report)

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.

Recommended Stories

Institutional Ownership by Quarter for Hilton Worldwide (NYSE:HLT)

Receive News & Ratings for Hilton Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hilton Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.