Hilton Grand Vacations (NYSE:HGV) Announces Earnings Results

Hilton Grand Vacations (NYSE:HGV) released its quarterly earnings results on Thursday. The company reported $0.89 earnings per share for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.08), FiscalAI reports. Hilton Grand Vacations had a return on equity of 17.62% and a net margin of 3.16%.The company had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.38 billion. During the same quarter in the prior year, the company earned $0.54 EPS. The firm’s revenue was up 7.3% compared to the same quarter last year.

Here are the key takeaways from Hilton Grand Vacations’ conference call:

• Negative Sentiment: Second-quarter contract sales fell 3% to $810 million, while VPG declined 9% to approximately $3,400 due to Bluegreen’s difficult comparison, sales-execution issues in Orlando and Myrtle Beach, and a higher mix of trust and new-buyer transactions.
• Negative Sentiment: Management lowered its 2026 VPG outlook to a low- to mid-single-digit decline and now expects full-year contract sales to be flat to slightly down; third-quarter VPG is expected to decline at a high-single-digit rate.
• Positive Sentiment: Tours increased 6% to 239,000, with new-buyer tours growing at a high-single-digit rate and new-buyer transactions also rising at a high-single-digit pace, indicating that management sees demand as healthy rather than the cause of the sales shortfall.
• Positive Sentiment: Adjusted EBITDA rose 5% to $293 million and margins expanded to 23%, enabling Hilton Grand Vacations to reiterate its 2026 adjusted EBITDA guidance of $1.225 billion to $1.265 billion despite weaker sales productivity.
• Positive Sentiment: The company repurchased $150 million of shares during the quarter and more than $300 million year to date, while maintaining a target of roughly $150 million in quarterly buybacks subject to leverage limits; portfolio dispositions are also expected to reduce annualized maintenance-fee burden by $10 million to $12 million.

Hilton Grand Vacations Stock Down 9.8%

HGV traded down $5.02 during trading on Thursday, hitting $46.40. The company had a trading volume of 3,023,793 shares, compared to its average volume of 965,112. The company has a market cap of $3.68 billion, a PE ratio of 24.81, a P/E/G ratio of 0.50 and a beta of 1.51. The business has a 50-day moving average of $50.88 and a 200-day moving average of $47.14. The company has a debt-to-equity ratio of 5.41, a current ratio of 4.33 and a quick ratio of 2.64. Hilton Grand Vacations has a 1-year low of $36.79 and a 1-year high of $55.40.

Insiders Place Their Bets

In related news, insider Charles R. Jr. Corbin sold 32,907 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $47.66, for a total transaction of $1,568,347.62. Following the transaction, the insider directly owned 68,615 shares in the company, valued at $3,270,190.90. This trade represents a 32.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Carlos Hernandez sold 5,595 shares of Hilton Grand Vacations stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $46.69, for a total transaction of $261,230.55. Following the completion of the transaction, the insider directly owned 14,080 shares of the company’s stock, valued at $657,395.20. This trade represents a 28.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 229,315 shares of company stock valued at $11,738,497 in the last quarter. Insiders own 3.10% of the company’s stock.

Hedge Funds Weigh In On Hilton Grand Vacations

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Quadrant Capital Group LLC grew its holdings in Hilton Grand Vacations by 13.2% in the 4th quarter. Quadrant Capital Group LLC now owns 2,501 shares of the company’s stock worth $112,000 after buying an additional 291 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Hilton Grand Vacations by 743.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 641 shares of the company’s stock valued at $27,000 after purchasing an additional 565 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Hilton Grand Vacations by 1.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 41,304 shares of the company’s stock worth $1,545,000 after buying an additional 615 shares in the last quarter. Victory Capital Management Inc. boosted its stake in shares of Hilton Grand Vacations by 3.4% during the 3rd quarter. Victory Capital Management Inc. now owns 22,856 shares of the company’s stock worth $956,000 after acquiring an additional 761 shares in the last quarter. Finally, Kestra Advisory Services LLC acquired a new position in shares of Hilton Grand Vacations in the 4th quarter valued at $44,000. 97.23% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

HGV has been the topic of several analyst reports. Morgan Stanley lifted their price target on shares of Hilton Grand Vacations from $55.00 to $58.00 and gave the stock an “equal weight” rating in a research note on Friday, July 17th. Truist Financial upped their price objective on shares of Hilton Grand Vacations from $67.00 to $71.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Zacks Research downgraded Hilton Grand Vacations from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 9th. Wall Street Zen lowered Hilton Grand Vacations from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 18th. Finally, The Goldman Sachs Group upgraded Hilton Grand Vacations from a “sell” rating to a “neutral” rating and set a $55.00 price target on the stock in a research note on Monday, June 1st. Four equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $57.22.

Hilton Grand Vacations Company Profile

Hilton Grand Vacations Inc is a leading developer and marketer of premium vacation ownership resorts. The company specializes in selling timeshare interests in vacation properties under the Hilton Grand Vacations brand, enabling members to purchase deeded real estate interests and utilize a points-based system for booking stays. Alongside new sales, the company provides ongoing management services for its portfolio of resorts, ensuring high standards of guest services, resort maintenance, and member engagement through its proprietary technology platform.

In addition to vacation ownership sales, Hilton Grand Vacations offers a comprehensive suite of membership benefits.