Commerce Bank purchased a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 58,530 shares of the company’s stock, valued at approximately $19,342,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in shares of Hilton Worldwide in the second quarter valued at about $6,271,258,000. Norges Bank acquired a new position in shares of Hilton Worldwide in the fourth quarter worth $803,047,000. Bank of New York Mellon Corp purchased a new stake in Hilton Worldwide during the 2nd quarter worth about $437,227,000. Deutsche Bank AG acquired a new stake in shares of Hilton Worldwide in the 2nd quarter valued at $272,861,000. Finally, Two Sigma Investments LP lifted its holdings in Hilton Worldwide by 1,222.9% during the 3rd quarter. Two Sigma Investments LP now owns 820,991 shares of the company’s stock worth $212,998,000 after buying an additional 758,930 shares during the last quarter. Institutional investors and hedge funds own 95.90% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on HLT. CICC Research assumed coverage on Hilton Worldwide in a research report on Wednesday, August 12th. They set an “outperform” rating on the stock. Deutsche Bank Aktiengesellschaft raised shares of Hilton Worldwide from a “hold” rating to a “buy” rating and set a $365.00 price target for the company in a report on Wednesday, August 12th. Macquarie Infrastructure boosted their target price on Hilton Worldwide from $296.00 to $320.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. UBS Group reissued a “buy” rating and set a $363.00 target price on shares of Hilton Worldwide in a research note on Friday, August 14th. Finally, Barclays raised their price target on Hilton Worldwide from $367.00 to $368.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $353.82.
Hilton Worldwide Trading Down 0.9%
Shares of HLT opened at $326.76 on Friday. The firm’s 50-day moving average is $330.05 and its two-hundred day moving average is $321.58. Hilton Worldwide Holdings Inc. has a twelve month low of $253.54 and a twelve month high of $358.00. The firm has a market capitalization of $73.54 billion, a P/E ratio of 47.98, a PEG ratio of 2.77 and a beta of 1.05.
Hilton Worldwide (NYSE:HLT – Get Free Report) last issued its earnings results on Tuesday, July 28th. The company reported $2.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.27 by $0.02. The company had revenue of $1.38 billion during the quarter, compared to analysts’ expectations 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 period last year, the company posted $2.20 earnings per share. 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 9.08 EPS for the current year.
Hilton Worldwide Dividend Announcement
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 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 yield of 0.2%. Hilton Worldwide’s 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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