Varma Mutual Pension Insurance Co acquired a new stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 48,870 shares of the company’s stock, valued at approximately $16,150,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in Hilton Worldwide in the 2nd quarter valued at $6,271,258,000. Geode Capital Management LLC grew its position in shares of Hilton Worldwide by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 6,448,978 shares of the company’s stock valued at $1,852,650,000 after purchasing an additional 31,364 shares during the period. Franklin Resources Inc. grew its position in shares of Hilton Worldwide by 4.7% in the fourth quarter. Franklin Resources Inc. now owns 6,294,665 shares of the company’s stock valued at $1,808,143,000 after purchasing an additional 284,352 shares during the period. Bank of America Corp DE increased its stake in Hilton Worldwide by 0.7% in the first quarter. Bank of America Corp DE now owns 5,946,576 shares of the company’s stock valued at $1,808,235,000 after purchasing an additional 40,343 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its position in Hilton Worldwide by 10.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,092,347 shares of the company’s stock worth $1,462,778,000 after buying an additional 475,896 shares during the period. 95.90% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on the stock. Rothschild & Co Redburn lifted their price target on shares of Hilton Worldwide from $320.00 to $325.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. CICC Research initiated coverage on Hilton Worldwide in a research report on Wednesday, August 12th. They issued an “outperform” rating on the stock. JPMorgan Chase & Co. lifted their target price on Hilton Worldwide from $363.00 to $365.00 and gave the company an “overweight” rating in a report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft raised Hilton Worldwide from a “hold” rating to a “buy” rating and set a $365.00 price target for the company in a research report on Wednesday, August 12th. Finally, HSBC upped their price target on Hilton Worldwide from $353.00 to $387.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, Hilton Worldwide presently has an average rating of “Moderate Buy” and an average price target of $353.82.
Hilton Worldwide Trading Down 0.9%
NYSE HLT opened at $326.76 on Friday. The stock has a market cap of $73.54 billion, a P/E ratio of 47.98, a PEG ratio of 2.77 and a beta of 1.05. The company’s fifty day simple moving average is $330.05 and its 200-day simple moving average is $321.58. Hilton Worldwide Holdings Inc. has a 52 week low of $253.54 and a 52 week high of $358.00.
Hilton Worldwide (NYSE:HLT – Get Free Report) last released its quarterly earnings results 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 business had revenue of $1.38 billion during the quarter, compared to analyst estimates of $3.32 billion. During the same period last year, the business earned $2.20 EPS. The business’s revenue was up 6.5% on a year-over-year basis. 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, research analysts expect that Hilton Worldwide Holdings Inc. will post 9.08 EPS for the current fiscal year.
Hilton Worldwide Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, August 21st will be paid a $0.15 dividend. The ex-dividend date is Friday, August 21st. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. Hilton Worldwide’s 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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