Sumitomo Life Insurance Co. Buys Shares of 4,038 Hilton Worldwide Holdings Inc. $HLT

Sumitomo Life Insurance Co. bought a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 4,038 shares of the company’s stock, valued at approximately $1,334,000.

A number of other hedge funds also recently made changes to their positions in HLT. CYBER HORNET ETFs LLC increased its position in Hilton Worldwide by 4.7% during the 4th quarter. CYBER HORNET ETFs LLC now owns 720 shares of the company’s stock worth $207,000 after purchasing an additional 32 shares in the last quarter. Waddell & Associates LLC boosted its position in Hilton Worldwide by 1.8% in the fourth quarter. Waddell & Associates LLC now owns 1,800 shares of the company’s stock valued at $517,000 after buying an additional 32 shares in the last quarter. Eaton Financial Holdings Company LLC grew its stake in shares of Hilton Worldwide by 1.2% during the fourth quarter. Eaton Financial Holdings Company LLC now owns 2,782 shares of the company’s stock worth $799,000 after buying an additional 34 shares during the last quarter. Quent Capital LLC grew its stake in shares of Hilton Worldwide by 3.8% during the fourth quarter. Quent Capital LLC now owns 1,000 shares of the company’s stock worth $287,000 after buying an additional 37 shares during the last quarter. Finally, L2 Asset Management LLC lifted its stake in shares of Hilton Worldwide by 3.6% in the 3rd quarter. L2 Asset Management LLC now owns 1,084 shares of the company’s stock valued at $281,000 after acquiring an additional 38 shares during the last quarter. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Hilton Worldwide Stock Down 0.9%

Shares of NYSE:HLT opened at $326.76 on Friday. The firm has a market cap of $73.54 billion, a P/E ratio of 47.98, a P/E/G ratio of 2.79 and a beta of 1.05. Hilton Worldwide Holdings Inc. has a 12-month low of $253.54 and a 12-month high of $358.00. The business has a fifty day simple moving average of $330.05 and a 200 day simple moving average of $321.58.

Hilton Worldwide (NYSE:HLTGet Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $2.29 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.02. The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $3.32 billion. Hilton Worldwide had a negative return on equity of 35.24% and a net margin of 12.69%.The business’s revenue was up 6.5% on a year-over-year basis. During the same quarter in the previous 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. As a group, equities research analysts expect that Hilton Worldwide Holdings Inc. will post 9.08 EPS for the current year.

Hilton Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, August 21st will be issued a $0.15 dividend. The ex-dividend date is Friday, August 21st. This represents a $0.60 annualized dividend and a yield of 0.2%. Hilton Worldwide’s dividend payout ratio is presently 8.81%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on HLT. Robert W. Baird boosted their price objective on Hilton Worldwide from $359.00 to $360.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Evercore raised Hilton Worldwide from an “in-line” rating to an “outperform” rating in a research note on Tuesday, July 21st. Mizuho boosted their price target on Hilton Worldwide from $321.00 to $326.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Truist Financial upped their price objective on Hilton Worldwide from $307.00 to $312.00 and gave the company a “hold” rating in a research note on Wednesday, April 29th. Finally, CICC Research assumed coverage on shares of Hilton Worldwide in a research report on Wednesday, August 12th. They set an “outperform” rating on the stock. One research 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 stock. According to data from MarketBeat, Hilton Worldwide presently has an average rating of “Moderate Buy” and a consensus price target of $353.82.

Get Our Latest Analysis on Hilton Worldwide

Hilton Worldwide Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Hilton Worldwide (NYSE:HLT)

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