NewEdge Wealth LLC Acquires 7,642 Shares of Hilton Worldwide Holdings Inc. $HLT

NewEdge Wealth LLC increased its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report) by 59.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,602 shares of the company’s stock after buying an additional 7,642 shares during the quarter. NewEdge Wealth LLC’s holdings in Hilton Worldwide were worth $6,265,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Hilton Worldwide during the 4th quarter worth $803,047,000. Two Sigma Investments LP increased its stake in shares of Hilton Worldwide by 1,222.9% in the 3rd quarter. Two Sigma Investments LP now owns 820,991 shares of the company’s stock worth $212,998,000 after purchasing an additional 758,930 shares in the last quarter. Raymond James Financial Inc. raised its holdings in Hilton Worldwide by 126.3% in the 2nd quarter. Raymond James Financial Inc. now owns 1,138,294 shares of the company’s stock worth $303,173,000 after purchasing an additional 635,220 shares during the period. 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 valued at $1,462,778,000 after purchasing an additional 475,896 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its position in shares of Hilton Worldwide by 522.1% during the 1st quarter. Assenagon Asset Management S.A. now owns 530,727 shares of the company’s stock valued at $161,383,000 after buying an additional 445,414 shares in the last quarter. 95.90% of the stock is owned by hedge funds and other institutional investors.

Hilton Worldwide Stock Down 1.3%

Hilton Worldwide stock opened at $320.09 on Friday. Hilton Worldwide Holdings Inc. has a 52-week low of $253.54 and a 52-week high of $358.00. The firm’s fifty day moving average is $333.63 and its 200 day moving average is $317.97. The company has a market cap of $72.87 billion, a price-to-earnings ratio of 48.87, a PEG ratio of 2.74 and a beta of 1.05.

Hilton Worldwide (NYSE:HLTGet Free Report) last released its quarterly earnings results on Tuesday, April 28th. The company reported $2.01 EPS for the quarter, topping the consensus estimate of $1.98 by $0.03. The company had revenue of $1.20 billion during the quarter, compared to analyst estimates of $2.95 billion. Hilton Worldwide had a negative return on equity of 38.21% and a net margin of 12.56%.The firm’s revenue was up 9.0% on a year-over-year basis. During the same quarter last year, the business posted $1.72 earnings per share. Hilton Worldwide has set its FY 2026 guidance at 8.280-8.400 EPS and its Q2 2026 guidance at 2.180-2.240 EPS. On average, equities research analysts anticipate that Hilton Worldwide Holdings Inc. will post 9.04 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, May 22nd. Hilton Worldwide’s dividend payout ratio (DPR) is 9.16%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on HLT. Susquehanna lifted their target price on shares of Hilton Worldwide from $345.00 to $353.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. Weiss Ratings upgraded Hilton Worldwide from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, April 29th. Macquarie Infrastructure lifted their target price on Hilton Worldwide from $296.00 to $320.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. Sanford C. Bernstein dropped their price target on Hilton Worldwide from $322.00 to $320.00 and set a “market perform” rating for the company in a research note on Friday, May 15th. Finally, Mizuho lifted their price objective on shares of Hilton Worldwide from $321.00 to $326.00 and gave the company a “neutral” rating in a research report on Tuesday, April 28th. Fourteen equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $350.36.

View Our Latest Stock 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.

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

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