Quartz Partners LLC bought a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 14,824 shares of the company’s stock, valued at approximately $4,899,000. Hilton Worldwide comprises about 1.6% of Quartz Partners LLC’s holdings, making the stock its 22nd biggest position.
Other large investors also recently modified their holdings of the company. Frazier Financial Advisors LLC acquired a new position in shares of Hilton Worldwide during the second quarter worth approximately $25,000. Johnson Financial Group Inc. acquired a new stake in Hilton Worldwide in the 2nd quarter worth $99,000. West Family Investments Inc. bought a new position in shares of Hilton Worldwide during the 2nd quarter worth about $474,000. NewEdge Wealth LLC acquired a new position in shares of Hilton Worldwide during the second quarter valued at about $6,960,000. Finally, Great Lakes Advisors LLC acquired a new position in shares of Hilton Worldwide during the second quarter valued at about $2,142,000. 95.90% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on HLT shares. TD Cowen lifted their target price on Hilton Worldwide from $350.00 to $390.00 and gave the stock a “buy” rating in a research report on Wednesday, April 22nd. UBS Group reaffirmed a “buy” rating and issued a $363.00 price target on shares of Hilton Worldwide in a report on Friday, August 14th. Morgan Stanley lifted their price objective on Hilton Worldwide from $319.00 to $332.00 and gave the stock an “overweight” rating in a report on Friday, July 17th. Susquehanna lowered their price objective on Hilton Worldwide from $353.00 to $345.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 11th. Finally, Argus upped their target price on Hilton Worldwide from $380.00 to $400.00 and gave the company a “buy” rating in a research note on Monday, June 15th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, Hilton Worldwide currently has a consensus rating of “Moderate Buy” and an average price target of $353.82.
Hilton Worldwide Stock Performance
Shares of NYSE HLT opened at $334.73 on Thursday. Hilton Worldwide Holdings Inc. has a 52-week low of $253.54 and a 52-week high of $358.00. The business has a fifty day moving average of $330.69 and a two-hundred day moving average of $321.33. The stock has a market cap of $75.34 billion, a PE ratio of 49.15, a PEG ratio of 2.78 and a beta of 1.05.
Hilton Worldwide (NYSE:HLT – Get Free Report) last posted its earnings results on Tuesday, July 28th. The company reported $2.29 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.02. The business had revenue of $1.38 billion for the quarter, compared to analyst estimates of $3.32 billion. Hilton Worldwide had a net margin of 12.69% and a negative return on equity of 35.24%. The firm’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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. Analysts predict that Hilton Worldwide Holdings Inc. will post 9.07 earnings per share for the current year.
Hilton Worldwide Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, August 21st will be issued 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 dividend yield of 0.2%. Hilton Worldwide’s dividend payout ratio (DPR) is presently 8.81%.
Hilton Worldwide Company 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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