Findlay Park Partners LLP bought a new position in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) during the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 338,374 shares of the company’s stock, valued at approximately $111,819,000.
A number of other hedge funds also recently added to or reduced their stakes in the stock. Frazier Financial Advisors LLC acquired a new position in shares of Hilton Worldwide during the second quarter valued at $25,000. IMG Wealth Management Inc. acquired a new stake in shares of Hilton Worldwide in the 2nd quarter worth about $26,000. Trust Co. of Vermont bought a new stake in Hilton Worldwide in the 2nd quarter valued at about $26,000. Elevation Wealth Partners LLC boosted its stake in Hilton Worldwide by 1,128.6% during the 2nd 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. Finally, Kemnay Advisory Services Inc. bought a new position in Hilton Worldwide in the 4th quarter worth about $26,000. 95.90% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several equities research analysts have commented on the stock. Sanford C. Bernstein dropped their price target on shares of Hilton Worldwide from $322.00 to $320.00 and set a “market perform” rating on the stock in a research note on Friday, May 15th. JPMorgan Chase & Co. increased their price objective 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 on the stock in a research report on Wednesday, August 12th. Wells Fargo & Company boosted 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. Finally, Bank of America increased their price target on Hilton Worldwide from $324.00 to $375.00 in a research note on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, Hilton Worldwide currently has an average rating of “Moderate Buy” and a consensus price target of $353.82.
Hilton Worldwide Trading Down 0.9%
Shares of NYSE:HLT opened at $326.76 on Friday. Hilton Worldwide Holdings Inc. has a twelve month low of $253.54 and a twelve month high of $358.00. The firm has a market cap of $73.54 billion, a P/E ratio of 47.98, a P/E/G ratio of 2.77 and a beta of 1.05. The company has a 50 day moving average of $330.05 and a 200-day moving average of $321.58.
Hilton Worldwide (NYSE:HLT – Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $2.29 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 analysts’ expectations of $3.32 billion. Hilton Worldwide had a negative return on equity of 35.24% and a net margin of 12.69%.The firm’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.20 earnings per share. 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. Equities research analysts forecast that Hilton Worldwide Holdings Inc. will post 9.08 EPS for the current year.
Hilton Worldwide Announces Dividend
The company also recently disclosed 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 of this dividend is Friday, August 21st. Hilton Worldwide’s payout ratio is currently 8.81%.
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.
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