Public Employees Retirement System of Ohio Buys New Shares in Hilton Worldwide Holdings Inc. $HLT

Public Employees Retirement System of Ohio purchased a new stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) during the second quarter, Holdings Channel.com reports. The firm purchased 101,317 shares of the company’s stock, valued at approximately $33,481,000.

Several other hedge funds also recently made changes to their positions in HLT. Frazier Financial Advisors LLC purchased a new position in Hilton Worldwide during the 2nd quarter valued at about $25,000. IMG Wealth Management Inc. purchased a new position in Hilton Worldwide in the second quarter worth about $26,000. Trust Co. of Vermont bought a new position in shares of Hilton Worldwide during the second quarter valued at $26,000. Elevation Wealth Partners LLC boosted its holdings in Hilton Worldwide by 1,128.6% in the second quarter. Elevation Wealth Partners LLC now owns 86 shares of the company’s stock worth $28,000 after purchasing an additional 79 shares during the last quarter. Finally, Kemnay Advisory Services Inc. purchased a new position in Hilton Worldwide in the fourth quarter worth about $26,000. 95.90% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

HLT has been the topic of a number of analyst reports. Argus boosted their price objective on Hilton Worldwide from $380.00 to $400.00 and gave the company a “buy” rating in a research note on Monday, June 15th. Weiss Ratings upgraded Hilton Worldwide from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, August 21st. CICC Research began coverage on shares of Hilton Worldwide in a research report on Wednesday, August 12th. They issued 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 objective for the company in a research note on Wednesday, August 12th. Finally, Wells Fargo & Company upped their target price on shares of Hilton Worldwide from $379.00 to $382.00 and gave the company an “overweight” rating in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $353.82.

Hilton Worldwide Trading Down 1.1%

HLT stock opened at $322.20 on Friday. The stock has a market cap of $72.52 billion, a PE ratio of 47.31, a P/E/G ratio of 2.76 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 company has a 50-day moving average price of $327.95 and a 200 day moving average price of $322.29.

Hilton Worldwide (NYSE:HLT) last issued its quarterly 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. Hilton Worldwide had a negative return on equity of 35.24% and a net margin of 12.69%.The firm had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $3.32 billion. During the same period in the prior year, the business posted $2.20 earnings per share. The company’s revenue for the quarter was up 6.5% on a year-over-year basis. 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. Sell-side analysts forecast that Hilton Worldwide Holdings Inc. will post 9.08 EPS for the current year.

Hilton Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, August 21st will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, August 21st. Hilton Worldwide’s dividend payout ratio (DPR) is 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.