Corient Private Wealth LP bought a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 379,448 shares of the company’s stock, valued at approximately $125,394,000.
Other institutional investors have also made changes to their positions in the company. Frazier Financial Advisors LLC acquired a new stake in Hilton Worldwide during the 2nd quarter valued at $25,000. IMG Wealth Management Inc. acquired a new position in shares of Hilton Worldwide in the second quarter valued at $26,000. Trust Co. of Vermont bought a new position in shares of Hilton Worldwide in the second quarter valued at about $26,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Hilton Worldwide during the 4th quarter worth about $26,000. Finally, Elevation Wealth Partners LLC lifted its stake in shares of Hilton Worldwide by 1,128.6% during the 2nd quarter. Elevation Wealth Partners LLC now owns 86 shares of the company’s stock worth $28,000 after buying an additional 79 shares during the last quarter. 95.90% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research analysts recently commented on HLT shares. Weiss Ratings upgraded shares of Hilton Worldwide from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, August 21st. Macquarie Infrastructure boosted their price objective on Hilton Worldwide from $296.00 to $320.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Morgan Stanley upped their target price on Hilton Worldwide from $319.00 to $332.00 and gave the company an “overweight” rating in a research report on Friday, July 17th. Rothschild & Co Redburn increased their target price on Hilton Worldwide from $320.00 to $325.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. Finally, Argus lifted their price target on Hilton Worldwide from $380.00 to $400.00 and gave the stock a “buy” rating in a report on Monday, June 15th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $353.82.
Hilton Worldwide Price Performance
Hilton Worldwide stock opened at $332.45 on Thursday. The firm has a market cap of $74.82 billion, a PE ratio of 48.82, a price-to-earnings-growth ratio of 2.79 and a beta of 1.05. The stock’s fifty day moving average price is $328.96 and its two-hundred day moving average price is $322.21. Hilton Worldwide Holdings Inc. has a one year low of $253.54 and a one year high of $358.00.
Hilton Worldwide (NYSE:HLT – Get Free Report) last released its 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. The firm had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $3.32 billion. Hilton Worldwide had a negative return on equity of 35.24% and a net margin of 12.69%.The company’s revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the company 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. Sell-side analysts expect that Hilton Worldwide Holdings Inc. will post 9.08 earnings per share for the current fiscal year.
Hilton Worldwide Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, August 21st will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, August 21st. This represents a $0.60 annualized dividend and a yield of 0.2%. Hilton Worldwide’s dividend 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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