Franklin Resources Inc. Grows Stock Position in Hilton Worldwide Holdings Inc. $HLT

Franklin Resources Inc. raised its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 4.0% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 5,442,662 shares of the company’s stock after purchasing an additional 208,708 shares during the period. Franklin Resources Inc.’s holdings in Hilton Worldwide were worth $1,449,599,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Nuveen LLC acquired a new stake in shares of Hilton Worldwide in the first quarter valued at approximately $353,985,000. Jennison Associates LLC lifted its stake in Hilton Worldwide by 22.4% in the 2nd quarter. Jennison Associates LLC now owns 4,631,719 shares of the company’s stock valued at $1,233,612,000 after buying an additional 847,353 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in Hilton Worldwide by 30.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,140,782 shares of the company’s stock valued at $487,135,000 after buying an additional 494,224 shares during the last quarter. Strs Ohio purchased a new position in Hilton Worldwide during the first quarter worth $97,505,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Hilton Worldwide by 30.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,720,594 shares of the company’s stock worth $391,521,000 after buying an additional 398,827 shares in the last quarter. Institutional investors and hedge funds own 95.90% of the company’s stock.

Hilton Worldwide Trading Down 1.1%

Shares of HLT opened at $264.08 on Friday. Hilton Worldwide Holdings Inc. has a twelve month low of $196.04 and a twelve month high of $279.80. The firm has a market capitalization of $61.38 billion, a P/E ratio of 38.22, a price-to-earnings-growth ratio of 2.75 and a beta of 1.20. The stock’s fifty day simple moving average is $264.71 and its 200 day simple moving average is $263.13.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings results on Wednesday, October 22nd. The company reported $2.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.05 by $0.06. The firm had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $3.01 billion. Hilton Worldwide had a negative return on equity of 42.78% and a net margin of 14.19%.The firm’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.92 earnings per share. Hilton Worldwide has set its Q4 2025 guidance at 1.940-2.030 EPS. FY 2025 guidance at 7.970-8.060 EPS. Sell-side analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 29th. Investors of record on Friday, November 21st will be issued a $0.15 dividend. The ex-dividend date is Friday, November 21st. This represents a $0.60 annualized dividend and a yield of 0.2%. Hilton Worldwide’s dividend payout ratio (DPR) is presently 8.68%.

Analyst Ratings Changes

Several analysts have recently issued reports on HLT shares. The Goldman Sachs Group upped their price objective on Hilton Worldwide from $274.00 to $285.00 and gave the company a “neutral” rating in a research report on Thursday, October 23rd. Cowen restated a “buy” rating on shares of Hilton Worldwide in a report on Tuesday, October 28th. Sanford C. Bernstein decreased their price objective on Hilton Worldwide from $288.00 to $285.00 and set a “market perform” rating on the stock in a report on Wednesday. Evercore ISI upped their target price on Hilton Worldwide from $270.00 to $280.00 and gave the company an “in-line” rating in a research note on Tuesday, October 14th. Finally, Morgan Stanley increased their target price on Hilton Worldwide from $286.00 to $289.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 22nd. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $283.31.

About Hilton Worldwide

Hilton Worldwide Holdings Inc, a hospitality company, engages in managing, franchising, owning, and leasing hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands. It operates luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brand; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brand; full service hotels under the Signia by Hilton, Hilton Hotels & Resorts, and DoubleTree by Hilton brand; service hotels under the Hilton Garden Inn, Hampton by Hilton, and Tru by Hilton brand; all-suite hotels under the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton brand; and economy hotel under the Spark by Hilton brand, as well as Hilton Grand Vacations.