PNC Financial Services Group Inc. Acquires 2,857 Shares of Hilton Worldwide Holdings Inc. $HLT

PNC Financial Services Group Inc. grew its position in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 4.7% in the third quarter, Holdings Channel reports. The fund owned 63,319 shares of the company’s stock after acquiring an additional 2,857 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Hilton Worldwide were worth $16,428,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. increased its position in Hilton Worldwide by 0.8% in the 2nd quarter. Vanguard Group Inc. now owns 25,311,212 shares of the company’s stock valued at $6,741,388,000 after acquiring an additional 196,126 shares during the period. State Street Corp raised its position in Hilton Worldwide by 0.9% during the 2nd quarter. State Street Corp now owns 9,595,709 shares of the company’s stock worth $2,555,721,000 after purchasing an additional 86,689 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Hilton Worldwide by 2.8% during the 2nd quarter. Geode Capital Management LLC now owns 6,281,842 shares of the company’s stock worth $1,666,246,000 after buying an additional 172,121 shares during the period. Franklin Resources Inc. increased its stake in shares of Hilton Worldwide by 4.0% in the second quarter. Franklin Resources Inc. now owns 5,442,662 shares of the company’s stock valued at $1,449,599,000 after buying an additional 208,708 shares during the period. Finally, Jennison Associates LLC raised its position in shares of Hilton Worldwide by 2.6% during the third quarter. Jennison Associates LLC now owns 4,750,891 shares of the company’s stock worth $1,232,571,000 after acquiring an additional 119,172 shares during the last quarter. Institutional investors and hedge funds own 95.90% of the company’s stock.

Hilton Worldwide Trading Up 0.9%

Hilton Worldwide stock opened at $317.42 on Wednesday. Hilton Worldwide Holdings Inc. has a 1-year low of $196.04 and a 1-year high of $333.86. The firm has a market cap of $72.78 billion, a P/E ratio of 51.87, a P/E/G ratio of 2.68 and a beta of 1.13. The firm has a 50-day moving average of $298.00 and a 200-day moving average of $279.00.

Hilton Worldwide (NYSE:HLT) last released its quarterly earnings data on Wednesday, February 11th. The company reported $2.08 earnings per share for the quarter, topping the consensus estimate of $2.02 by $0.06. Hilton Worldwide had a negative return on equity of 40.24% and a net margin of 12.10%.The business had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $2.99 billion. During the same quarter last year, the business posted $1.76 EPS. The business’s revenue was up 10.9% on a year-over-year basis. Hilton Worldwide has set its FY 2026 guidance at 8.490-8.610 EPS and its Q1 2026 guidance at 1.910-1.970 EPS. Research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be issued a $0.15 dividend. The ex-dividend date is Friday, February 27th. This represents a $0.60 annualized dividend and a yield of 0.2%. Hilton Worldwide’s dividend payout ratio is 9.80%.

Analyst Ratings Changes

A number of research firms have weighed in on HLT. JPMorgan Chase & Co. increased their target price on shares of Hilton Worldwide from $318.00 to $350.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. The Goldman Sachs Group boosted their target price on shares of Hilton Worldwide from $317.00 to $330.00 in a report on Tuesday, February 3rd. HSBC upped their price target on shares of Hilton Worldwide from $307.00 to $319.00 and gave the company a “buy” rating in a research report on Friday, January 23rd. Evercore boosted their price objective on Hilton Worldwide from $325.00 to $335.00 in a research note on Thursday, February 12th. Finally, Mizuho raised their target price on Hilton Worldwide from $266.00 to $321.00 and gave the stock a “neutral” rating in a research note on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $321.00.

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.